TRAYF (Thai Rayon PCL) Shiller PE Ratio: (As of Sep. 21, 2026)

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.

TRAYF Thai Rayon PCL TRAYF
12 GF Score
Price $1.70
GF Value $2.77
! 4 Warning Signs
View Full Analysis

What is Thai Rayon PCL Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Rayon PCL  (OTCPK:TRAYF) 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 Rayon PCL Shiller PE Ratio Related Terms


Thai Rayon PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Thai Rayon 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 Rayon PCL Shiller PE Ratio Chart

Thai Rayon PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.89 10.69 10.76 8.95 11.89

Thai Rayon 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 9.29 9.71 11.11 11.33 12.14

Thai Rayon PCL Shiller PE Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Thai Rayon 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 Rayon PCL Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's Shiller PE Ratio distribution charts can be found below:

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


TRAYF
12GF Score
Thai Rayon PCL TRAYF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Rayon 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 Rayon PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Thai Rayon 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)
=-0.0016/333.9520*333.9520
=-0.002

Current CPI (Jun. 2026) = 333.9520.

Thai Rayon PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.090 241.428 0.125
201612 0.064 241.432 0.089
201703 0.096 243.801 0.131
201706 0.114 244.955 0.156
201709 0.091 246.819 0.123
201712 0.049 246.524 0.066
201803 0.063 249.554 0.085
201806 0.107 251.989 0.142
201809 0.064 252.439 0.085
201812 0.028 251.233 0.037
201903 0.043 254.202 0.057
201906 -0.037 256.143 -0.049
201909 -0.015 256.759 -0.019
201912 -0.037 256.974 -0.048
202003 0.124 258.115 0.160
202006 -0.101 257.797 -0.131
202009 0.029 260.280 0.037
202012 -0.042 260.474 -0.054
202103 0.134 264.877 0.169
202106 0.196 271.696 0.241
202109 0.186 274.310 0.227
202112 0.050 278.802 0.060
202203 0.104 287.504 0.121
202206 0.150 296.311 0.169
202209 0.161 296.808 0.181
202212 -0.210 296.797 -0.236
202303 0.001 301.836 0.001
202306 0.073 305.109 0.080
202309 0.063 307.789 0.068
202312 0.042 306.746 0.046
202403 -0.432 312.332 -0.462
202406 0.105 314.175 0.111
202409 -0.196 315.301 -0.208
202412 0.091 315.605 0.096
202503 0.010 319.799 0.011
202506 -0.105 322.561 -0.109
202509 -0.021 324.800 -0.022
202512 -0.123 324.054 -0.127
202603 -0.003 330.213 -0.003
202606 -0.002 333.952 -0.002

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.

Is Thai Rayon PCL (TRAYF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued. The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.

Key valuation signals for TRAYF:

  • Shiller PE Ratio:
  • GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
  • GF Score™: 12/100 with 4 warning signs

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


Thai Rayon PCL Business Description

Address Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
12GF Score

Get the complete analysis for TRAYF

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

$1.70
Price
$2.77
GF Value