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Thai Solar Energy PCLBKK:TSE-R 46 Shiller PE Ratio is 15.14 as of Jul. 15, 2026, which is 97% above its 10-year median of 7.67. GuruFocus rates BKK:TSE-R with a GF Score™ of 46/100 and a GF Value™ of ฿0.67. The stock has 5 warning signs investors should review. Among 206 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks worse than 50.97% on this metric.
The historical rank and industry rank for Thai Solar Energy PCL's Shiller PE Ratio or its related term are showing as below:
BKK:TSE-R'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.75 Med: 7.67 Max: 18.2
Current: 16.43
During the past years, Thai Solar Energy PCL's highest Shiller PE Ratio was 18.20. The lowest was 3.75. And the median was 7.67.
BKK:TSE-R's Shiller PE Ratio is ranked worse than 50.97% of 206
companies
in the Utilities - Independent Power Producers industry
Industry Median: 16.07
vs BKK:TSE-R: 16.43
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 Solar Energy PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.025. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.04 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Thai Solar Energy PCL (BKK:TSE-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.
Thai Solar Energy PCL Shiller PE Ratio Related Terms
Thai Solar Energy PCL Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Thai Solar Energy 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.
Thai Solar Energy PCL Shiller PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Thai Solar Energy 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 Solar Energy PCL Shiller PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Thai Solar Energy PCL's Shiller PE Ratio falls into.
Thai Solar Energy 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.
* 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.
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 Solar Energy PCL (BKK:TSE-R) has a Shiller PE Ratio of 15.14 as of Jul. 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 Thai Solar Energy PCL and its competitors. This is 97% above median its historical median of 7.67. Over the past decade, Thai Solar Energy PCL's Shiller PE Ratio has ranged from 3.75 to 18.20. According to the industry distribution chart, Thai Solar Energy PCL ranks #105 out of 206 companies in the Utilities - Independent Power Producers industry, placing it in the top 51%.
Is Thai Solar Energy PCL's Shiller PE Ratio too high?
Thai Solar Energy PCL's current Shiller PE Ratio of 15.14 is 97% above median its 10-year median of 7.67. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 18.20. The Utilities - Independent Power Producers industry median Shiller PE Ratio is 16.07. Thai Solar Energy PCL's value of 15.14 is 5.8% below this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #105 out of 206 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thai Solar Energy PCL has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's Shiller PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #105 out of 206 companies for Shiller PE Ratio. This places Thai Solar Energy PCL in the lower half of its industry. The industry median Shiller PE Ratio is 16.07. Thai Solar Energy PCL's value of 15.14 is 5.8% below this benchmark. Historically, Thai Solar Energy PCL's own Shiller PE Ratio has ranged from 3.75 to 18.20 over the past decade. While the company's 10-year median is 7.67 vs. the industry median of 16.07, Thai Solar Energy 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 16.07, based on 206 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. Thai Solar Energy PCL's current Shiller PE Ratio of 15.14 is 5.8% 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 Thai Solar Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Shiller PE Ratio is 16.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current Shiller PE Ratio is 15.14, which is 97% above median its own 10-year median of 7.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current Shiller PE Ratio of 15.14. The stock's GF Value™ is ฿0.67, compared to a current price of ฿0.61 — trading 9.6% below its estimated fair value. The current Shiller PE Ratio is 15.14, which is 97% above median its 10-year median of 7.67 and 5.8% below the Utilities - Independent Power Producers industry median of 16.07. Thai Solar Energy PCL's overall GF Score™ is 46/100 with 5 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 Thai Solar Energy PCL (BKK:TSE-R), the current Shiller PE Ratio is 15.14 as of Jul. 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued.
The current stock price of ฿0.61 is trading 9.6% below its estimated GF Value™ of ฿0.67.
Key valuation signals for BKK:TSE-R:
Shiller PE Ratio: 15.14 (97% above median its 10-year median of 7.67)
GF Value™: ฿0.67 vs. price of ฿0.61 (9.6% below fair value)
Industry Position: 5.8% below the Utilities - Independent Power Producers median (#105 of 206)
No single metric tells the full story. See the BKK:TSE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
46GF Score
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