SPCG PCL (BKK:SPCG-R) Shiller PE Ratio: 3.55 (As of Jul. 11, 2026) — 49% Below Median


BKK:SPCG-R SPCG PCL BKK:SPCG-R
64 GF Score
Price ฿8.85
GF Value ฿6.01
! 8 Warning Signs
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What is SPCG PCL Shiller PE Ratio?

SPCG PCL BKK:SPCG-R 64 Shiller PE Ratio is 3.55 as of Jul. 11, 2026, which is 49% below its 10-year median of 6.95. GuruFocus rates BKK:SPCG-R with a GF Score™ of 64/100 and a GF Value™ of ฿6.01. The stock has 8 warning signs investors should review. Among 207 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 93.72% on this metric.

As of today (2026-07-11), SPCG PCL's current share price is ฿8.85006. SPCG PCL's E10 for the quarter that ended in Mar. 2026 was ฿2.49. SPCG PCL's Shiller PE Ratio for today is 3.55.

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

BKK:SPCG-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.58   Med: 6.95   Max: 20.76
Current: 3.59

During the past years, SPCG PCL's highest Shiller PE Ratio was 20.76. The lowest was 2.58. And the median was 6.95.

BKK:SPCG-R's Shiller PE Ratio is ranked better than
93.72% of 207 companies
in the Utilities - Independent Power Producers industry
Industry Median: 16.41 vs BKK:SPCG-R: 3.59

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.

SPCG PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿2.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPCG PCL  (BKK:SPCG-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.


SPCG PCL Shiller PE Ratio Related Terms


SPCG PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL Shiller PE Ratio Chart

SPCG 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 7.88 5.38 4.32 3.05 3.64

SPCG 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 2.67 2.89 3.14 3.64 3.55

SPCG PCL Shiller PE Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:SPCG-R
64GF Score
SPCG PCL BKK:SPCG-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPCG 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.

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

Shiller PE Ratio=Share Price/ E10
=8.85006/2.49
=3.55

* 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.

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

For example, SPCG 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)
=0.11/330.2130*330.2130
=0.110

Current CPI (Mar. 2026) = 330.2130.

SPCG PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.620 241.018 0.849
201609 0.540 241.428 0.739
201612 0.680 241.432 0.930
201703 0.730 243.801 0.989
201706 0.630 244.955 0.849
201709 0.590 246.819 0.789
201712 0.780 246.524 1.045
201803 0.740 249.554 0.979
201806 0.680 251.989 0.891
201809 0.550 252.439 0.719
201812 0.740 251.233 0.973
201903 0.710 254.202 0.922
201906 0.670 256.143 0.864
201909 0.590 256.759 0.759
201912 0.766 256.974 0.984
202003 0.770 258.115 0.985
202006 0.680 257.797 0.871
202009 0.700 260.280 0.888
202012 0.650 260.474 0.824
202103 0.690 264.877 0.860
202106 0.600 271.696 0.729
202109 0.510 274.310 0.614
202112 0.560 278.802 0.663
202203 0.580 287.504 0.666
202206 0.520 296.311 0.579
202209 0.460 296.808 0.512
202212 0.635 296.797 0.706
202303 0.560 301.836 0.613
202306 0.520 305.109 0.563
202309 0.280 307.789 0.300
202312 0.369 306.746 0.397
202403 0.310 312.332 0.328
202406 0.160 314.175 0.168
202409 0.060 315.301 0.063
202412 0.112 315.605 0.117
202503 0.130 319.799 0.134
202506 0.090 322.561 0.092
202509 0.070 324.800 0.071
202512 0.066 324.054 0.067
202603 0.110 330.213 0.110

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 3.55 mean?
SPCG PCL (BKK:SPCG-R) has a Shiller PE Ratio of 3.55 as of Jul. 11, 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 SPCG PCL and its competitors. This is 49% below median its historical median of 6.95. Over the past decade, SPCG PCL's Shiller PE Ratio has ranged from 2.58 to 20.76. According to the industry distribution chart, SPCG PCL ranks #13 out of 207 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.3%.
Is SPCG PCL's Shiller PE Ratio too high?
SPCG PCL's current Shiller PE Ratio of 3.55 is 49% below median its 10-year median of 6.95. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 20.76. The Utilities - Independent Power Producers industry median Shiller PE Ratio is 16.41. SPCG PCL's value of 3.55 is 78.4% below this industry median. Based on the distribution chart, SPCG PCL ranks #13 out of 207 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Shiller PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #13 out of 207 companies for Shiller PE Ratio. This places SPCG PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 16.41. SPCG PCL's value of 3.55 is 78.4% below this benchmark. Historically, SPCG PCL's own Shiller PE Ratio has ranged from 2.58 to 20.76 over the past decade. While the company's 10-year median is 6.95 vs. the industry median of 16.41, SPCG 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 an Utilities - Independent Power Producers company?
The median Shiller PE Ratio among Utilities - Independent Power Producers companies is 16.41, based on 207 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. SPCG PCL's current Shiller PE Ratio of 3.55 is 78.4% 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Shiller PE Ratio is 16.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Shiller PE Ratio is 3.55, which is 49% below median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Shiller PE Ratio of 3.55. The stock's GF Value™ is ฿6.01, compared to a current price of ฿8.85 — trading 47.3% above its estimated fair value. The current Shiller PE Ratio is 3.55, which is 49% below median its 10-year median of 6.95 and 78.4% below the Utilities - Independent Power Producers industry median of 16.41. SPCG PCL's overall GF Score™ is 64/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Shiller PE Ratio is 3.55 as of Jul. 11, 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 47.3% above its estimated GF Value™ of ฿6.01.

Key valuation signals for BKK:SPCG-R:

  • Shiller PE Ratio: 3.55 (49% below median its 10-year median of 6.95)
  • GF Value™: ฿6.01 vs. price of ฿8.85 (47.3% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 78.4% below the Utilities - Independent Power Producers median (#13 of 207)

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


SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
64GF Score

Get the complete analysis for BKK:SPCG-R

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

฿8.85
Price
฿6.01
GF Value