WHA PCL (BKK:WHA-R) Shiller PE Ratio: 14.44 (As of Jul. 15, 2026) — 22% Below Median

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BKK:WHA-R WHA Corp PCL BKK:WHA-R
79 GF Score
Price ฿4.19
GF Value ฿3.60
! 11 Warning Signs
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What is WHA PCL Shiller PE Ratio?

WHA PCL BKK:WHA-R 79 Shiller PE Ratio is 14.44 as of Jul. 15, 2026, which is 22% below its 10-year median of 18.56. GuruFocus rates BKK:WHA-R with a GF Score™ of 79/100 and a GF Value™ of ฿3.60. The stock has 11 warning signs investors should review. Among 1,037 Real Estate companies, WHA PCL ranks worse than 69.72% on this metric.

As of today (2026-07-15), WHA PCL's current share price is ฿4.18807. WHA PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.29. WHA PCL's Shiller PE Ratio for today is 14.44.

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

BKK:WHA-R' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.29   Med: 18.56   Max: 23.91
Current: 18.64

During the past years, WHA PCL's highest Shiller PE Ratio was 23.91. The lowest was 9.29. And the median was 18.56.

BKK:WHA-R's Shiller PE Ratio is ranked worse than
69.72% of 1037 companies
in the Real Estate industry
Industry Median: 11.75 vs BKK:WHA-R: 18.64

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.

WHA PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WHA PCL  (BKK:WHA-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.


WHA PCL Shiller PE Ratio Related Terms


WHA PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for WHA 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.

WHA PCL Shiller PE Ratio Chart

WHA 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 19.08 18.51 21.97 20.80 11.80

WHA 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 12.43 11.21 12.34 11.80 14.37

BKK:WHA-R vs CBRE, BEKE, JLL: Shiller PE Ratio Comparison

For the Real Estate Services subindustry, WHA 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.


WHA PCL Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:WHA-R
79GF Score
WHA Corp PCL BKK:WHA-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA 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.

WHA PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.18807/0.29
=14.44

* 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.

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

For example, WHA 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)
=0.101/330.2130*330.2130
=0.101

Current CPI (Mar. 2026) = 330.2130.

WHA PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.023 241.018 0.032
201609 0.003 241.428 0.004
201612 0.168 241.432 0.230
201703 0.006 243.801 0.008
201706 0.068 244.955 0.092
201709 0.035 246.819 0.047
201712 0.119 246.524 0.159
201803 0.054 249.554 0.071
201806 0.021 251.989 0.028
201809 0.025 252.439 0.033
201812 0.101 251.233 0.133
201903 0.028 254.202 0.036
201906 0.072 256.143 0.093
201909 0.038 256.759 0.049
201912 0.081 256.974 0.104
202003 0.007 258.115 0.009
202006 0.036 257.797 0.046
202009 0.029 260.280 0.037
202012 0.097 260.474 0.123
202103 0.009 264.877 0.011
202106 0.017 271.696 0.021
202109 0.011 274.310 0.013
202112 0.136 278.802 0.161
202203 0.044 287.504 0.051
202206 0.019 296.311 0.021
202209 0.017 296.808 0.019
202212 0.190 296.797 0.211
202303 0.035 301.836 0.038
202306 0.060 305.109 0.065
202309 0.042 307.789 0.045
202312 0.162 306.746 0.174
202403 0.091 312.332 0.096
202406 0.086 314.175 0.090
202409 0.031 315.301 0.032
202412 0.083 315.605 0.087
202503 0.139 319.799 0.144
202506 0.066 322.561 0.068
202509 0.042 324.800 0.043
202512 0.097 324.054 0.099
202603 0.101 330.213 0.101

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 14.44 mean?
WHA PCL (BKK:WHA-R) has a Shiller PE Ratio of 14.44 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 WHA PCL and its competitors. This is 22% below median its historical median of 18.56. Over the past decade, WHA PCL's Shiller PE Ratio has ranged from 9.29 to 23.91. According to the industry distribution chart, WHA PCL ranks #723 out of 1037 companies in the Real Estate industry, placing it in the top 69.7%.
Is WHA PCL's Shiller PE Ratio too high?
WHA PCL's current Shiller PE Ratio of 14.44 is 22% below median its 10-year median of 18.56. Over the past 10 years, this metric has ranged from a low of 9.29 to a high of 23.91. The Real Estate industry median Shiller PE Ratio is 11.75. WHA PCL's value of 14.44 is 22.9% above this industry median. Based on the distribution chart, WHA PCL ranks #723 out of 1037 companies in the Real Estate industry, which is below the industry midpoint. Overall, WHA PCL has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Shiller PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #723 out of 1037 companies for Shiller PE Ratio. This places WHA PCL in the lower half of its industry. The industry median Shiller PE Ratio is 11.75. WHA PCL's value of 14.44 is 22.9% above this benchmark. Historically, WHA PCL's own Shiller PE Ratio has ranged from 9.29 to 23.91 over the past decade. While the company's 10-year median is 18.56 vs. the industry median of 11.75, WHA PCL has consistently been above 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 Real Estate company?
The median Shiller PE Ratio among Real Estate companies is 11.75, based on 1,037 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. WHA PCL's current Shiller PE Ratio of 14.44 is 22.9% above 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 WHA PCL and its competitors. For the Real Estate industry, the median Shiller PE Ratio is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA PCL's current Shiller PE Ratio is 14.44, which is 22% below median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Shiller PE Ratio of 14.44. The stock's GF Value™ is ฿3.60, compared to a current price of ฿4.19 — trading 16.3% above its estimated fair value. The current Shiller PE Ratio is 14.44, which is 22% below median its 10-year median of 18.56 and 22.9% above the Real Estate industry median of 11.75. WHA PCL's overall GF Score™ is 79/100 with 11 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 WHA PCL (BKK:WHA-R), the current Shiller PE Ratio is 14.44 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?

Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued. The current stock price of ฿4.19 is trading 16.3% above its estimated GF Value™ of ฿3.60.

Key valuation signals for BKK:WHA-R:

  • Shiller PE Ratio: 14.44 (22% below median its 10-year median of 18.56)
  • GF Value™: ฿3.60 vs. price of ฿4.19 (16.3% above fair value)
  • GF Score™: 79/100 with 11 warning signs
  • Industry Position: 22.9% above the Real Estate median (#723 of 1037)

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


WHA PCL Business Description

Other Exchanges WHA:Thailand
Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
79GF Score

Get the complete analysis for BKK:WHA-R

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

฿4.19
Price
฿3.60
GF Value