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Vanachai Group PCL (BKK:VNG) Shiller PE Ratio : 9.71 (As of May. 06, 2024)


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What is Vanachai Group PCL Shiller PE Ratio?

As of today (2024-05-06), Vanachai Group PCL's current share price is ฿3.40. Vanachai Group PCL's E10 for the quarter that ended in Dec. 2023 was ฿0.35. Vanachai Group PCL's Shiller PE Ratio for today is 9.71.

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

BKK:VNG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.48   Med: 14.73   Max: 36.15
Current: 9.66

During the past years, Vanachai Group PCL's highest Shiller PE Ratio was 36.15. The lowest was 6.48. And the median was 14.73.

BKK:VNG's Shiller PE Ratio is ranked better than
68.42% of 190 companies
in the Forest Products industry
Industry Median: 12.955 vs BKK:VNG: 9.66

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.

Vanachai Group PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿0.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanachai Group PCL Shiller PE Ratio Historical Data

The historical data trend for Vanachai Group 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.

Vanachai Group PCL Shiller PE Ratio Chart

Vanachai Group 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 11.61 14.07 27.06 17.60 10.56

Vanachai Group 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 17.60 15.26 11.48 10.52 10.56

Competitive Comparison of Vanachai Group PCL's Shiller PE Ratio

For the Lumber & Wood Production subindustry, Vanachai Group 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.


Vanachai Group PCL's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Shiller PE Ratio distribution charts can be found below:

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



Vanachai Group 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.

Vanachai Group PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.40/0.35
=9.71

* 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.

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

For example, Vanachai Group 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)
=0.065/129.4194*129.4194
=0.065

Current CPI (Dec. 2023) = 129.4194.

Vanachai Group PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.050 99.695 0.065
201406 0.100 100.560 0.129
201409 0.230 100.428 0.296
201412 0.120 99.070 0.157
201503 0.170 99.621 0.221
201506 0.270 100.684 0.347
201509 0.300 100.392 0.387
201512 0.170 99.792 0.220
201603 0.200 100.470 0.258
201606 0.270 101.688 0.344
201609 0.260 101.861 0.330
201612 0.270 101.863 0.343
201703 0.170 102.862 0.214
201706 0.190 103.349 0.238
201709 0.200 104.136 0.249
201712 0.080 104.011 0.100
201803 -0.110 105.290 -0.135
201806 0.010 106.317 0.012
201809 -0.030 106.507 -0.036
201812 -0.100 105.998 -0.122
201903 -0.150 107.251 -0.181
201906 -0.210 108.070 -0.251
201909 -0.190 108.329 -0.227
201912 -0.235 108.420 -0.281
202003 -0.120 108.902 -0.143
202006 -0.020 108.767 -0.024
202009 -0.110 109.815 -0.130
202012 -0.110 109.897 -0.130
202103 0.070 111.754 0.081
202106 0.200 114.631 0.226
202109 0.280 115.734 0.313
202112 0.190 117.630 0.209
202203 0.180 121.301 0.192
202206 0.210 125.017 0.217
202209 0.120 125.227 0.124
202212 -0.100 125.222 -0.103
202303 -0.140 127.348 -0.142
202306 0.040 128.729 0.040
202309 0.050 129.860 0.050
202312 0.065 129.419 0.065

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.


Vanachai Group PCL  (BKK:VNG) 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.


Vanachai Group PCL Shiller PE Ratio Related Terms

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Vanachai Group PCL (BKK:VNG) Business Description

Traded in Other Exchanges
N/A
Address
2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800
Vanachai Group PCL is a building materials company that manufactures and distributes wood-based products. The company's primary products include board panels, particle boards, and wood substitutes. The company creates wood-based goods such as particleboards, medium density fiberboards (MDF boards), Doorskin and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.

Vanachai Group PCL (BKK:VNG) Headlines