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Thai Oil PCL (BKK:TOP) Shiller PE Ratio : 7.39 (As of May. 08, 2024)


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What is Thai Oil PCL Shiller PE Ratio?

As of today (2024-05-08), Thai Oil PCL's current share price is ฿54.00. Thai Oil PCL's E10 for the quarter that ended in Dec. 2023 was ฿7.31. Thai Oil PCL's Shiller PE Ratio for today is 7.39.

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

BKK:TOP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.94   Med: 9.35   Max: 12.94
Current: 7.38

During the past years, Thai Oil PCL's highest Shiller PE Ratio was 12.94. The lowest was 4.94. And the median was 9.35.

BKK:TOP's Shiller PE Ratio is ranked better than
81.9% of 420 companies
in the Oil & Gas industry
Industry Median: 17.675 vs BKK:TOP: 7.38

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.

Thai Oil PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿1.318. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿7.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Oil PCL Shiller PE Ratio Historical Data

The historical data trend for Thai Oil 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.

* Premium members only.

Thai Oil PCL Shiller PE Ratio Chart

Thai Oil PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 9.62 8.73 8.26 7.35

Thai Oil PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.26 7.58 6.19 7.01 7.35

Competitive Comparison of Thai Oil PCL's Shiller PE Ratio

For the Oil & Gas Refining & Marketing subindustry, Thai Oil 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.


Thai Oil PCL's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thai Oil PCL's Shiller PE Ratio distribution charts can be found below:

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



Thai Oil 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.

Thai Oil PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=54.00/7.31
=7.39

* 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.

Thai Oil PCL's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Thai Oil PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.318/129.4194*129.4194
=1.318

Current CPI (Dec. 2023) = 129.4194.

Thai Oil PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.206 99.695 1.566
201406 1.007 100.560 1.296
201409 -1.097 100.428 -1.414
201412 -3.150 99.070 -4.115
201503 2.193 99.621 2.849
201506 3.040 100.684 3.908
201509 -1.116 100.392 -1.439
201512 1.829 99.792 2.372
201603 2.313 100.470 2.979
201606 3.788 101.688 4.821
201609 1.435 101.861 1.823
201612 2.830 101.863 3.596
201703 3.459 102.862 4.352
201706 1.585 103.349 1.985
201709 3.718 104.136 4.621
201712 3.379 104.011 4.204
201803 2.741 105.290 3.369
201806 2.343 106.317 2.852
201809 2.223 106.507 2.701
201812 -2.353 105.998 -2.873
201903 2.153 107.251 2.598
201906 0.279 108.070 0.334
201909 -0.329 108.329 -0.393
201912 0.968 108.420 1.155
202003 -6.719 108.902 -7.985
202006 1.216 108.767 1.447
202009 0.349 109.815 0.411
202012 3.540 109.897 4.169
202103 1.645 111.754 1.905
202106 1.037 114.631 1.171
202109 1.010 115.734 1.129
202112 2.455 117.630 2.701
202203 3.520 121.301 3.756
202206 12.410 125.017 12.847
202209 0.010 125.227 0.010
202212 -0.290 125.222 -0.300
202303 2.040 127.348 2.073
202306 0.500 128.729 0.503
202309 4.850 129.860 4.834
202312 1.318 129.419 1.318

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.


Thai Oil PCL  (BKK:TOP) 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.


Thai Oil PCL Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Thai Oil PCL's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Oil PCL (BKK:TOP) Business Description

Traded in Other Exchanges
Address
11th Floor, Vibhavadi Rangsit Road, 555/1 Energy Complex Building A, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
Thai Oil PCL is a refiner and supplier of petroleum products. Based out of Thailand, the company's refinery unit produces the most revenue of its various business segments. Thai Oil's refined products primarily consist of middle-distillation fuels such as jet fuel, kerosene, and diesel fuel. Once refined, petroleum products can be transported by the midstream business, Thai Petroleum Pipeline. In addition to the transportation and refinery segments, Thai Oil produces aromatics, which are used in products like detergent. Power generation, alternative energy, and chemical production are also byproducts of Thai Oil and its many subsidiaries.