TPC Power Holding PCL (BKK:TPCH-R) Shiller PE Ratio: 1.65 (As of Aug. 31, 2026) — 82% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TPCH-R TPC Power Holding PCL BKK:TPCH-R
55 GF Score
Price ฿0.99
GF Value ฿4.74
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is TPC Power Holding PCL Shiller PE Ratio?

TPC Power Holding PCL BKK:TPCH-R 55 Shiller PE Ratio is 1.65 as of Aug. 31, 2026, which is 82% below its 10-year median of 9.23. GuruFocus rates BKK:TPCH-R with a GF Score™ of 55/100 and a GF Value™ of ฿4.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 205 Utilities - Independent Power Producers companies, TPC Power Holding PCL ranks better than 96.59% on this metric.

As of today (2026-08-31), TPC Power Holding PCL's current share price is ฿0.99. TPC Power Holding PCL's E10 for the quarter that ended in Jun. 2026 was ฿0.60. TPC Power Holding PCL's Shiller PE Ratio for today is 1.65.

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

BKK:TPCH-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.94   Med: 9.23   Max: 16.23
Current: 2.36

During the past years, TPC Power Holding PCL's highest Shiller PE Ratio was 16.23. The lowest was 1.94. And the median was 9.23.

BKK:TPCH-R's Shiller PE Ratio is ranked better than
96.59% of 205 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.2 vs BKK:TPCH-R: 2.36

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.

TPC Power Holding PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿-1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPC Power Holding PCL  (BKK:TPCH-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.


TPC Power Holding PCL Shiller PE Ratio Related Terms


TPC Power Holding PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TPC Power Holding 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.

TPC Power Holding PCL Shiller PE Ratio Chart

TPC Power Holding 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 14.65 10.05 7.36 2.08

TPC Power Holding PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.90 4.58 2.08 3.09 3.12

TPC Power Holding PCL Shiller PE Ratio Competitor Comparison

For the Utilities - Renewable subindustry, TPC Power Holding 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.


TPC Power Holding PCL Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

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


BKK:TPCH-R
55GF Score
TPC Power Holding PCL BKK:TPCH-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPC Power Holding 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.

TPC Power Holding PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.99/0.60
=1.65

* 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.

TPC Power Holding PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, TPC Power Holding PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.42/333.9520*333.9520
=-1.420

Current CPI (Jun. 2026) = 333.9520.

TPC Power Holding PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.120 241.428 0.166
201612 0.170 241.432 0.235
201703 0.160 243.801 0.219
201706 0.100 244.955 0.136
201709 0.070 246.819 0.095
201712 0.190 246.524 0.257
201803 0.200 249.554 0.268
201806 0.230 251.989 0.305
201809 0.230 252.439 0.304
201812 0.220 251.233 0.292
201903 0.210 254.202 0.276
201906 0.240 256.143 0.313
201909 0.240 256.759 0.312
201912 0.205 256.974 0.266
202003 0.210 258.115 0.272
202006 0.230 257.797 0.298
202009 0.150 260.280 0.192
202012 0.028 260.474 0.036
202103 0.120 264.877 0.151
202106 0.120 271.696 0.147
202109 0.130 274.310 0.158
202112 -0.030 278.802 -0.036
202203 0.090 287.504 0.105
202206 -0.004 296.311 -0.005
202209 0.260 296.808 0.293
202212 0.080 296.797 0.090
202303 0.280 301.836 0.310
202306 0.070 305.109 0.077
202309 0.080 307.789 0.087
202312 0.279 306.746 0.304
202403 0.250 312.332 0.267
202406 0.210 314.175 0.223
202409 0.170 315.301 0.180
202412 -0.050 315.605 -0.053
202503 0.160 319.799 0.167
202506 0.080 322.561 0.083
202509 -0.810 324.800 -0.833
202512 0.090 324.054 0.093
202603 -0.140 330.213 -0.142
202606 -1.420 333.952 -1.420

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 1.65 mean?
TPC Power Holding PCL (BKK:TPCH-R) has a Shiller PE Ratio of 1.65 as of Aug. 31, 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 TPC Power Holding PCL and its competitors. This is 82% below median its historical median of 9.23. Over the past decade, TPC Power Holding PCL's Shiller PE Ratio has ranged from 1.94 to 16.23. According to the industry distribution chart, TPC Power Holding PCL ranks #7 out of 205 companies in the Utilities - Independent Power Producers industry, placing it in the top 3.4%.
Is TPC Power Holding PCL's Shiller PE Ratio too high?
TPC Power Holding PCL's current Shiller PE Ratio of 1.65 is 82% below median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 16.23. The Utilities - Independent Power Producers industry median Shiller PE Ratio is 15.20. TPC Power Holding PCL's value of 1.65 is 89.1% below this industry median. Based on the distribution chart, TPC Power Holding PCL ranks #7 out of 205 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, TPC Power Holding PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TPC Power Holding PCL's Shiller PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPC Power Holding PCL ranks #7 out of 205 companies for Shiller PE Ratio. This places TPC Power Holding PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 15.20. TPC Power Holding PCL's value of 1.65 is 89.1% below this benchmark. Historically, TPC Power Holding PCL's own Shiller PE Ratio has ranged from 1.94 to 16.23 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 15.20, TPC Power Holding 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 15.20, based on 205 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. TPC Power Holding PCL's current Shiller PE Ratio of 1.65 is 89.1% 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 TPC Power Holding PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Shiller PE Ratio is 15.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPC Power Holding PCL's current Shiller PE Ratio is 1.65, which is 82% below median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPC Power Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, TPC Power Holding PCL (BKK:TPCH-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.74, compared to a current price of ฿0.99 — trading 79.1% below its estimated fair value. The current Shiller PE Ratio is 1.65, which is 82% below median its 10-year median of 9.23 and 89.1% below the Utilities - Independent Power Producers industry median of 15.20. TPC Power Holding PCL's overall GF Score™ is 55/100 with 4 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 TPC Power Holding PCL (BKK:TPCH-R), the current Shiller PE Ratio is 1.65 as of Aug. 31, 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 TPC Power Holding PCL (BKK:TPCH-R) Overvalued in 2026?

Based on GuruFocus' analysis, TPC Power Holding PCL stock appears to be undervalued. The current stock price of ฿0.99 is trading 79.1% below its estimated GF Value™ of ฿4.74. GuruFocus considers TPC Power Holding PCL to be Possible Value Trap.

Key valuation signals for BKK:TPCH-R:

  • Shiller PE Ratio: 1.65 (82% below median its 10-year median of 9.23)
  • GF Value™: ฿4.74 vs. price of ฿0.99 (79.1% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 89.1% below the Utilities - Independent Power Producers median (#7 of 205)

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


TPC Power Holding PCL Business Description

Other Exchanges TPCH:Thailand
Address Prasertmanukit Road, 4/2Prasertmanukit Soi 29 Yeak 8, Chaorakhaebua, Ladprao, Bangkok, THA, 10230
TPC Power Holding PCL, along with its subsidiaries, is engaged in the business of generating and distributing electricity from various types of renewable energy sources and providing related support services. Its projects consist of the biomass power plant and other renewable power plants. The company operates in two divisions: Sale of electricity current and Sale of biogas. The majority of its revenue is generated from the sale of electricity current.
55GF Score

Get the complete analysis for BKK:TPCH-R

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

฿0.99
Price
฿4.74
GF Value