Tipco Asphalt PCL (BKK:TASCO-R) Shiller PE Ratio: 8.08 (As of Jul. 22, 2026) — 27% Below Median

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BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
79 GF Score
Price ฿13.09
GF Value ฿12.56
! 6 Warning Signs
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What is Tipco Asphalt PCL Shiller PE Ratio?

Tipco Asphalt PCL BKK:TASCO-R 79 Shiller PE Ratio is 8.08 as of Jul. 22, 2026, which is 27% below its 10-year median of 11.11. GuruFocus rates BKK:TASCO-R with a GF Score™ of 79/100 and a GF Value™ of ฿12.56. The stock has 6 warning signs investors should review. Among 256 Building Materials companies, Tipco Asphalt PCL ranks better than 77.73% on this metric.

As of today (2026-07-22), Tipco Asphalt PCL's current share price is ฿13.0883. Tipco Asphalt PCL's E10 for the quarter that ended in Mar. 2026 was ฿1.62. Tipco Asphalt PCL's Shiller PE Ratio for today is 8.08.

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

BKK:TASCO-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.78   Med: 11.11   Max: 23.46
Current: 8.56

During the past years, Tipco Asphalt PCL's highest Shiller PE Ratio was 23.46. The lowest was 6.78. And the median was 11.11.

BKK:TASCO-R's Shiller PE Ratio is ranked better than
77.73% of 256 companies
in the Building Materials industry
Industry Median: 15.225 vs BKK:TASCO-R: 8.56

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.

Tipco Asphalt PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿1.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tipco Asphalt PCL  (BKK:TASCO-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.


Tipco Asphalt PCL Shiller PE Ratio Related Terms


Tipco Asphalt PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Shiller PE Ratio Chart

Tipco Asphalt 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 10.97 9.13 8.24 8.91 8.00

Tipco Asphalt 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 7.14 7.10 8.05 8.00 8.08

BKK:TASCO-R vs CRH, VMC, MLM: Shiller PE Ratio Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:TASCO-R
79GF Score
Tipco Asphalt PCL BKK:TASCO-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt 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.

Tipco Asphalt PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.0883/1.62
=8.08

* 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.

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

For example, Tipco Asphalt 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)
=0.29/330.2130*330.2130
=0.290

Current CPI (Mar. 2026) = 330.2130.

Tipco Asphalt PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.440 241.018 0.603
201609 0.200 241.428 0.274
201612 0.590 241.432 0.807
201703 0.790 243.801 1.070
201706 0.220 244.955 0.297
201709 0.255 246.819 0.341
201712 0.348 246.524 0.466
201803 0.190 249.554 0.251
201806 0.080 251.989 0.105
201809 0.004 252.439 0.005
201812 0.084 251.233 0.110
201903 0.460 254.202 0.598
201906 0.670 256.143 0.864
201909 0.450 256.759 0.579
201912 0.400 256.974 0.514
202003 -0.500 258.115 -0.640
202006 1.090 257.797 1.396
202009 1.180 260.280 1.497
202012 0.503 260.474 0.638
202103 0.270 264.877 0.337
202106 0.550 271.696 0.668
202109 0.240 274.310 0.289
202112 0.349 278.802 0.413
202203 0.140 287.504 0.161
202206 0.370 296.311 0.412
202209 0.320 296.808 0.356
202212 0.668 296.797 0.743
202303 0.715 301.836 0.782
202306 0.470 305.109 0.509
202309 0.130 307.789 0.139
202312 0.147 306.746 0.158
202403 0.005 312.332 0.005
202406 0.060 314.175 0.063
202409 0.470 315.301 0.492
202412 0.365 315.605 0.382
202503 0.282 319.799 0.291
202506 0.250 322.561 0.256
202509 0.110 324.800 0.112
202512 0.070 324.054 0.071
202603 0.290 330.213 0.290

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 8.08 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Shiller PE Ratio of 8.08 as of Jul. 22, 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 Tipco Asphalt PCL and its competitors. This is 27% below median its historical median of 11.11. Over the past decade, Tipco Asphalt PCL's Shiller PE Ratio has ranged from 6.78 to 23.46. According to the industry distribution chart, Tipco Asphalt PCL ranks #57 out of 256 companies in the Building Materials industry, placing it in the top 22.3%.
Is Tipco Asphalt PCL's Shiller PE Ratio too high?
Tipco Asphalt PCL's current Shiller PE Ratio of 8.08 is 27% below median its 10-year median of 11.11. Over the past 10 years, this metric has ranged from a low of 6.78 to a high of 23.46. The Building Materials industry median Shiller PE Ratio is 15.23. Tipco Asphalt PCL's value of 8.08 is 46.9% below this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #57 out of 256 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Tipco Asphalt PCL has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Shiller PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #57 out of 256 companies for Shiller PE Ratio. This places Tipco Asphalt PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 15.23. Tipco Asphalt PCL's value of 8.08 is 46.9% below this benchmark. Historically, Tipco Asphalt PCL's own Shiller PE Ratio has ranged from 6.78 to 23.46 over the past decade. While the company's 10-year median is 11.11 vs. the industry median of 15.23, Tipco Asphalt 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 Building Materials company?
The median Shiller PE Ratio among Building Materials companies is 15.23, based on 256 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. Tipco Asphalt PCL's current Shiller PE Ratio of 8.08 is 46.9% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Shiller PE Ratio is 15.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Shiller PE Ratio is 8.08, which is 27% below median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Shiller PE Ratio of 8.08. The stock's GF Value™ is ฿12.56, compared to a current price of ฿13.09 — trading 4.2% above its estimated fair value. The current Shiller PE Ratio is 8.08, which is 27% below median its 10-year median of 11.11 and 46.9% below the Building Materials industry median of 15.23. Tipco Asphalt PCL's overall GF Score™ is 79/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Shiller PE Ratio is 8.08 as of Jul. 22, 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued. The current stock price of ฿13.09 is trading 4.2% above its estimated GF Value™ of ฿12.56.

Key valuation signals for BKK:TASCO-R:

  • Shiller PE Ratio: 8.08 (27% below median its 10-year median of 11.11)
  • GF Value™: ฿12.56 vs. price of ฿13.09 (4.2% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 46.9% below the Building Materials median (#57 of 256)

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
79GF Score

Get the complete analysis for BKK:TASCO-R

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

฿13.09
Price
฿12.56
GF Value