Netbay PCL (BKK:NETBAY) Shiller PE Ratio: 14.70 (As of Jul. 15, 2026) — 30% Below Median

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BKK:NETBAY Netbay PCL BKK:NETBAY
86 GF Score
Price ฿14.70
GF Value ฿21.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL Shiller PE Ratio?

Netbay PCL BKK:NETBAY -0.68% 86 Shiller PE Ratio is 14.70 as of Jul. 15, 2026, which is 30% below its 10-year median of 21.13. GuruFocus rates BKK:NETBAY with a GF Score™ of 86/100 and a GF Value™ of ฿21.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,012 Software companies, Netbay PCL ranks better than 77.87% on this metric.

As of today (2026-07-15), Netbay PCL's current share price is ฿14.70. Netbay PCL's E10 for the quarter that ended in Mar. 2026 was ฿1.00. Netbay PCL's Shiller PE Ratio for today is 14.70.

The historical rank and industry rank for Netbay PCL's Shiller PE Ratio or its related term are showing as below:

BKK:NETBAY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.3   Med: 21.13   Max: 25.53
Current: 14.05

During the past years, Netbay PCL's highest Shiller PE Ratio was 25.53. The lowest was 9.30. And the median was 21.13.

BKK:NETBAY's Shiller PE Ratio is ranked better than
77.87% of 1012 companies
in the Software industry
Industry Median: 26.985 vs BKK:NETBAY: 14.05

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.

Netbay PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿1.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netbay PCL  (BKK:NETBAY) 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.


Netbay PCL Shiller PE Ratio Related Terms


Netbay PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Netbay PCL's Shiller PE Ratio can be seen below:

* 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.

Netbay PCL Shiller PE Ratio Chart

Netbay PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 21.70

Netbay PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.55 20.66 23.83 21.70 18.03

BKK:NETBAY vs UBER, SHOP, CRM: Shiller PE Ratio Comparison

For the Software - Application subindustry, Netbay 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.


Netbay PCL Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Netbay PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Netbay PCL's Shiller PE Ratio falls into.


BKK:NETBAY
86GF Score
Netbay PCL BKK:NETBAY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netbay 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.

Netbay PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.70/1.00
=14.70

* 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.

Netbay PCL's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Netbay PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.17/330.2130*330.2130
=0.170

Current CPI (Mar. 2026) = 330.2130.

Netbay PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.140 241.018 0.192
201609 0.140 241.428 0.191
201612 0.110 241.432 0.150
201703 0.130 243.801 0.176
201706 0.140 244.955 0.189
201709 0.150 246.819 0.201
201712 0.157 246.524 0.210
201803 0.170 249.554 0.225
201806 0.180 251.989 0.236
201809 0.190 252.439 0.249
201812 0.200 251.233 0.263
201903 0.210 254.202 0.273
201906 0.230 256.143 0.297
201909 0.240 256.759 0.309
201912 0.220 256.974 0.283
202003 0.200 258.115 0.256
202006 0.170 257.797 0.218
202009 0.190 260.280 0.241
202012 0.220 260.474 0.279
202103 0.220 264.877 0.274
202106 0.200 271.696 0.243
202109 0.190 274.310 0.229
202112 0.225 278.802 0.266
202203 0.180 287.504 0.207
202206 0.180 296.311 0.201
202209 0.190 296.808 0.211
202212 0.300 296.797 0.334
202303 0.230 301.836 0.252
202306 0.240 305.109 0.260
202309 0.220 307.789 0.236
202312 0.210 306.746 0.226
202403 0.240 312.332 0.254
202406 0.270 314.175 0.284
202409 0.260 315.301 0.272
202412 0.317 315.605 0.332
202503 0.350 319.799 0.361
202506 0.380 322.561 0.389
202509 0.320 324.800 0.325
202512 0.270 324.054 0.275
202603 0.170 330.213 0.170

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 14.70 mean?
Netbay PCL (BKK:NETBAY) has a Shiller PE Ratio of 14.70 as of Jul. 15, 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 Netbay PCL and its competitors. This is 30% below median its historical median of 21.13. Over the past decade, Netbay PCL's Shiller PE Ratio has ranged from 9.30 to 25.53. According to the industry distribution chart, Netbay PCL ranks #224 out of 1012 companies in the Software industry, placing it in the top 22.1%.
Is Netbay PCL's Shiller PE Ratio too high?
Netbay PCL's current Shiller PE Ratio of 14.70 is 30% below median its 10-year median of 21.13. Over the past 10 years, this metric has ranged from a low of 9.30 to a high of 25.53. The Software industry median Shiller PE Ratio is 26.99. Netbay PCL's value of 14.70 is 45.5% below this industry median. Based on the distribution chart, Netbay PCL ranks #224 out of 1012 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netbay PCL has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Shiller PE Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Netbay PCL ranks #224 out of 1012 companies for Shiller PE Ratio. This places Netbay PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 26.99. Netbay PCL's value of 14.70 is 45.5% below this benchmark. Historically, Netbay PCL's own Shiller PE Ratio has ranged from 9.30 to 25.53 over the past decade. While the company's 10-year median is 21.13 vs. the industry median of 26.99, Netbay 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 Software company?
The median Shiller PE Ratio among Software companies is 26.99, based on 1,012 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. Netbay PCL's current Shiller PE Ratio of 14.70 is 45.5% 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 Netbay PCL and its competitors. For the Software industry, the median Shiller PE Ratio is 26.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netbay PCL's current Shiller PE Ratio is 14.70, which is 30% below median its own 10-year median of 21.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.23, compared to a current price of ฿14.70 — trading 30.8% below its estimated fair value. The current Shiller PE Ratio is 14.70, which is 30% below median its 10-year median of 21.13 and 45.5% below the Software industry median of 26.99. Netbay PCL's overall GF Score™ is 86/100 with 3 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 Netbay PCL (BKK:NETBAY), the current Shiller PE Ratio is 14.70 as of Jul. 15, 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued. The current stock price of ฿14.70 is trading 30.8% below its estimated GF Value™ of ฿21.23. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • Shiller PE Ratio: 14.70 (30% below median its 10-year median of 21.13)
  • GF Value™: ฿21.23 vs. price of ฿14.70 (30.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 45.5% below the Software median (#224 of 1012)

No single metric tells the full story. See the BKK:NETBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netbay PCL Business Description

Address No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
86GF Score

Get the complete analysis for BKK:NETBAY

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿14.70
Price
฿21.23
GF Value