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Globlex Holding Management PCL (BKK:GBX) E10 : ฿0.05 (As of Mar. 2024)


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What is Globlex Holding Management PCL E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Globlex Holding Management PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Globlex Holding Management PCL's average E10 Growth Rate was 25.00% per year. During the past 3 years, the average E10 Growth Rate was 18.60% per year. During the past 5 years, the average E10 Growth Rate was 11.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Globlex Holding Management PCL was 18.60% per year. The lowest was 10.10% per year. And the median was 12.30% per year.

As of today (2024-06-05), Globlex Holding Management PCL's current stock price is ฿0.72. Globlex Holding Management PCL's E10 for the quarter that ended in Mar. 2024 was ฿0.05. Globlex Holding Management PCL's Shiller PE Ratio of today is 14.40.

During the past 13 years, the highest Shiller PE Ratio of Globlex Holding Management PCL was 52.67. The lowest was 12.00. And the median was 23.88.


Globlex Holding Management PCL E10 Historical Data

The historical data trend for Globlex Holding Management PCL's E10 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.

Globlex Holding Management PCL E10 Chart

Globlex Holding Management PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.05

Globlex Holding Management PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 0.04 0.03 - 0.05 0.05

Competitive Comparison of Globlex Holding Management PCL's E10

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Shiller PE Ratio distribution charts can be found below:

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



Globlex Holding Management PCL E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Globlex Holding Management PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.014/131.7762*131.7762
=0.014

Current CPI (Mar. 2024) = 131.7762.

Globlex Holding Management PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.009 100.560 0.012
201409 0.019 100.428 0.025
201412 0.018 99.070 0.024
201503 0.009 99.621 0.012
201506 -0.009 100.684 -0.012
201509 0.010 100.392 0.013
201512 0.001 99.792 0.001
201603 0.010 100.470 0.013
201606 0.002 101.688 0.003
201609 0.020 101.861 0.026
201612 0.005 101.863 0.006
201703 0.000 102.862 0.000
201706 0.005 103.349 0.006
201709 0.004 104.136 0.005
201712 -0.008 104.011 -0.010
201803 0.017 105.290 0.021
201806 0.003 106.317 0.004
201809 -0.006 106.507 -0.007
201812 -0.001 105.998 -0.001
201903 -0.003 107.251 -0.004
201906 0.005 108.070 0.006
201909 0.014 108.329 0.017
201912 -0.003 108.420 -0.004
202003 0.028 108.902 0.034
202006 -0.024 108.767 -0.029
202009 0.006 109.815 0.007
202012 0.024 109.897 0.029
202103 0.028 111.754 0.033
202106 0.043 114.631 0.049
202109 0.025 115.734 0.028
202112 0.031 117.630 0.035
202203 0.025 121.301 0.027
202206 0.007 125.017 0.007
202209 0.006 125.227 0.006
202212 0.027 125.222 0.028
202303 0.018 127.348 0.019
202306 -0.004 128.729 -0.004
202309 0.000 129.860 0.000
202312 0.030 129.419 0.031
202403 0.014 131.776 0.014

Add all the adjusted EPS together and divide 10 will get our e10.


Globlex Holding Management PCL  (BKK:GBX) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Globlex Holding Management PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.72/0.05
=14.40

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Globlex Holding Management PCL was 52.67. The lowest was 12.00. And the median was 23.88.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Globlex Holding Management PCL E10 Related Terms

Thank you for viewing the detailed overview of Globlex Holding Management PCL's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Globlex Holding Management PCL (BKK:GBX) Business Description

Traded in Other Exchanges
N/A
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.

Globlex Holding Management PCL (BKK:GBX) Headlines