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Maybank Securities (Thailand) PCLBKK:MST-R 54 Shiller PE Ratio is 7.83 as of Sep. 01, 2026, which is 16% above its 10-year median of 6.75. GuruFocus rates BKK:MST-R with a GF Score™ of 54/100 and a GF Value™ of ฿9.37 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 471 Capital Markets companies, Maybank Securities (Thailand) PCL ranks better than 89.81% on this metric.
The historical rank and industry rank for Maybank Securities (Thailand) PCL's Shiller PE Ratio or its related term are showing as below:
BKK:MST-R'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.71 Med: 6.75 Max: 12.82
Current: 7.27
During the past years, Maybank Securities (Thailand) PCL's highest Shiller PE Ratio was 12.82. The lowest was 2.71. And the median was 6.75.
BKK:MST-R's Shiller PE Ratio is ranked better than 89.81% of 471
companies
in the Capital Markets industry
Industry Median: 21.69
vs BKK:MST-R: 7.27
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Maybank Securities (Thailand) PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.145. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.99 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Maybank Securities (Thailand) PCL (BKK:MST-R) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Maybank Securities (Thailand) PCL Shiller PE Ratio Related Terms
Maybank Securities (Thailand) PCL Shiller PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Maybank Securities (Thailand) PCL Shiller PE Ratio Chart
BKK:MST-R vs MS, GS, SCHW: Shiller PE Ratio Comparison
For the Capital Markets subindustry, Maybank Securities (Thailand) PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Maybank Securities (Thailand) PCL Shiller PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Maybank Securities (Thailand) PCL's Shiller PE Ratio falls into.
Maybank Securities (Thailand) PCL Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Maybank Securities (Thailand) PCL (BKK:MST-R) has a Shiller PE Ratio of 7.83 as of Sep. 01, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Maybank Securities (Thailand) PCL and its competitors. This is 16% above median its historical median of 6.75. Over the past decade, Maybank Securities (Thailand) PCL's Shiller PE Ratio has ranged from 2.71 to 12.82. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #48 out of 471 companies in the Capital Markets industry, placing it in the top 10.2%.
Is Maybank Securities (Thailand) PCL's Shiller PE Ratio too high?
Maybank Securities (Thailand) PCL's current Shiller PE Ratio of 7.83 is 16% above median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 12.82. The Capital Markets industry median Shiller PE Ratio is 21.69. Maybank Securities (Thailand) PCL's value of 7.83 is 63.9% below this industry median. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #48 out of 471 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's Shiller PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #48 out of 471 companies for Shiller PE Ratio. This places Maybank Securities (Thailand) PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 21.69. Maybank Securities (Thailand) PCL's value of 7.83 is 63.9% below this benchmark. Historically, Maybank Securities (Thailand) PCL's own Shiller PE Ratio has ranged from 2.71 to 12.82 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 21.69, Maybank Securities (Thailand) PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Capital Markets company?
The median Shiller PE Ratio among Capital Markets companies is 21.69, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maybank Securities (Thailand) PCL's current Shiller PE Ratio of 7.83 is 63.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Maybank Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median Shiller PE Ratio is 21.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maybank Securities (Thailand) PCL's current Shiller PE Ratio is 7.83, which is 16% above median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maybank Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL (BKK:MST-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.37, compared to a current price of ฿7.75 — trading 17.3% below its estimated fair value. The current Shiller PE Ratio is 7.83, which is 16% above median its 10-year median of 6.75 and 63.9% below the Capital Markets industry median of 21.69. Maybank Securities (Thailand) PCL's overall GF Score™ is 54/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current Shiller PE Ratio is 7.83 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maybank Securities (Thailand) PCL (BKK:MST-R) Overvalued in 2026?
Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿7.75 is trading 17.3% below its estimated GF Value™ of ฿9.37.
GuruFocus considers Maybank Securities (Thailand) PCL to be Modestly Undervalued.
Key valuation signals for BKK:MST-R:
Shiller PE Ratio: 7.83 (16% above median its 10-year median of 6.75)
GF Value™: ฿9.37 vs. price of ฿7.75 (17.3% below fair value)
Industry Position: 63.9% below the Capital Markets median (#48 of 471)
No single metric tells the full story. See the BKK:MST-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which also generates key revenue, provides services like securities brokering, derivative brokering, securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing and lending, and corporate finance advisory services.
54GF Score
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