The Steel PCL (BKK:THE-R) Shiller PE Ratio: 5.55 (As of Aug. 15, 2026) — 68% Below Median

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BKK:THE-R The Steel PCL BKK:THE-R
31 GF Score
Price ฿0.83
GF Value ฿0.83
! 6 Warning Signs
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What is The Steel PCL Shiller PE Ratio?

The Steel PCL BKK:THE-R 31 Shiller PE Ratio is 5.55 as of Aug. 15, 2026, which is 68% below its 10-year median of 17.43. GuruFocus rates BKK:THE-R with a GF Score™ of 31/100 and a GF Value™ of ฿0.83. The stock has 6 warning signs investors should review. Among 414 Steel companies, The Steel PCL ranks better than 87.2% on this metric.

As of today (2026-08-15), The Steel PCL's current share price is ฿0.83286. The Steel PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.15. The Steel PCL's Shiller PE Ratio for today is 5.55.

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

BKK:THE-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.88   Med: 17.43   Max: 380
Current: 5.64

During the past years, The Steel PCL's highest Shiller PE Ratio was 380.00. The lowest was 3.88. And the median was 17.43.

BKK:THE-R's Shiller PE Ratio is ranked better than
87.2% of 414 companies
in the Steel industry
Industry Median: 13.63 vs BKK:THE-R: 5.64

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.

The Steel PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Steel PCL  (BKK:THE-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.


The Steel PCL Shiller PE Ratio Related Terms


The Steel PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for The Steel 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.

The Steel PCL Shiller PE Ratio Chart

The Steel 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 35.66 29.49 15.39 14.83 4.61

The Steel 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 9.97 14.09 11.20 4.61 5.57

BKK:THE-R vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, The Steel 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.


The Steel PCL Shiller PE Ratio vs Steel Industry

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

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


BKK:THE-R
31GF Score
The Steel PCL BKK:THE-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Steel 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.

The Steel PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.83286/0.15
=5.55

* 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.

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

For example, The Steel 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)
=0.05/330.2130*330.2130
=0.050

Current CPI (Mar. 2026) = 330.2130.

The Steel PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.159 241.018 0.218
201609 0.024 241.428 0.033
201612 0.046 241.432 0.063
201703 0.070 243.801 0.095
201706 -0.058 244.955 -0.078
201709 0.121 246.819 0.162
201712 0.045 246.524 0.060
201803 0.160 249.554 0.212
201806 0.010 251.989 0.013
201809 -0.090 252.439 -0.118
201812 -0.171 251.233 -0.225
201903 -0.010 254.202 -0.013
201906 0.170 256.143 0.219
201909 0.030 256.759 0.039
201912 -0.004 256.974 -0.005
202003 -0.150 258.115 -0.192
202006 0.020 257.797 0.026
202009 -0.010 260.280 -0.013
202012 0.020 260.474 0.025
202103 0.320 264.877 0.399
202106 0.320 271.696 0.389
202109 0.140 274.310 0.169
202112 0.245 278.802 0.290
202203 0.190 287.504 0.218
202206 -0.130 296.311 -0.145
202209 -0.190 296.808 -0.211
202212 -0.044 296.797 -0.049
202303 0.049 301.836 0.054
202306 -0.100 305.109 -0.108
202309 -0.010 307.789 -0.011
202312 -0.031 306.746 -0.033
202403 -0.030 312.332 -0.032
202406 0.010 314.175 0.011
202409 -0.030 315.301 -0.031
202412 -0.030 315.605 -0.031
202503 -0.020 319.799 -0.021
202506 0.010 322.561 0.010
202509 -0.010 324.800 -0.010
202512 -0.043 324.054 -0.044
202603 0.050 330.213 0.050

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 5.55 mean?
The Steel PCL (BKK:THE-R) has a Shiller PE Ratio of 5.55 as of Aug. 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 The Steel PCL and its competitors. This is 68% below median its historical median of 17.43. Over the past decade, The Steel PCL's Shiller PE Ratio has ranged from 3.88 to 380.00. According to the industry distribution chart, The Steel PCL ranks #53 out of 414 companies in the Steel industry, placing it in the top 12.8%.
Is The Steel PCL's Shiller PE Ratio too high?
The Steel PCL's current Shiller PE Ratio of 5.55 is 68% below median its 10-year median of 17.43. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 380.00. The Steel industry median Shiller PE Ratio is 13.63. The Steel PCL's value of 5.55 is 59.3% below this industry median. Based on the distribution chart, The Steel PCL ranks #53 out of 414 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, The Steel PCL has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #53 out of 414 companies for Shiller PE Ratio. This places The Steel PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.63. The Steel PCL's value of 5.55 is 59.3% below this benchmark. Historically, The Steel PCL's own Shiller PE Ratio has ranged from 3.88 to 380.00 over the past decade. While the company's 10-year median is 17.43 vs. the industry median of 13.63, The Steel 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 Steel company?
The median Shiller PE Ratio among Steel companies is 13.63, based on 414 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. The Steel PCL's current Shiller PE Ratio of 5.55 is 59.3% 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 The Steel PCL and its competitors. For the Steel industry, the median Shiller PE Ratio is 13.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current Shiller PE Ratio is 5.55, which is 68% below median its own 10-year median of 17.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Shiller PE Ratio of 5.55. The stock's GF Value™ is ฿0.83, compared to a current price of ฿0.83 — trading 0.3% above its estimated fair value. The current Shiller PE Ratio is 5.55, which is 68% below median its 10-year median of 17.43 and 59.3% below the Steel industry median of 13.63. The Steel PCL's overall GF Score™ is 31/100 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 The Steel PCL (BKK:THE-R), the current Shiller PE Ratio is 5.55 as of Aug. 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be overvalued. The current stock price of ฿0.83 is trading 0.3% above its estimated GF Value™ of ฿0.83.

Key valuation signals for BKK:THE-R:

  • Shiller PE Ratio: 5.55 (68% below median its 10-year median of 17.43)
  • GF Value™: ฿0.83 vs. price of ฿0.83 (0.3% above fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 59.3% below the Steel median (#53 of 414)

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


The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
31GF Score

Get the complete analysis for BKK:THE-R

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

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