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Ratchthani Leasing PCL (BKK:THANI-F) E10 : ฿0.58 (As of Mar. 2024)


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What is Ratchthani Leasing 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.

Ratchthani Leasing PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.58 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 8.30% per year. During the past 5 years, the average E10 Growth Rate was 13.30% 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 Ratchthani Leasing PCL was 17.20% per year. The lowest was 8.30% per year. And the median was 14.50% per year.

As of today (2024-05-18), Ratchthani Leasing PCL's current stock price is ฿3.96364. Ratchthani Leasing PCL's E10 for the quarter that ended in Mar. 2024 was ฿0.58. Ratchthani Leasing PCL's Shiller PE Ratio of today is 6.83.

During the past 13 years, the highest Shiller PE Ratio of Ratchthani Leasing PCL was 36.59. The lowest was 6.18. And the median was 13.58.


Ratchthani Leasing PCL E10 Historical Data

The historical data trend for Ratchthani Leasing 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.

Ratchthani Leasing PCL E10 Chart

Ratchthani Leasing 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 0.05 0.21 0.33 0.35 0.55

Ratchthani Leasing 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 0.39 0.45 0.47 0.55 0.58

Competitive Comparison of Ratchthani Leasing PCL's E10

For the Credit Services subindustry, Ratchthani Leasing 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.


Ratchthani Leasing PCL's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's Shiller PE Ratio distribution charts can be found below:

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



Ratchthani Leasing 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, Ratchthani Leasing 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)
=0.055/131.7762*131.7762
=0.055

Current CPI (Mar. 2024) = 131.7762.

Ratchthani Leasing PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.041 100.560 0.054
201409 0.047 100.428 0.062
201412 0.026 99.070 0.035
201503 0.041 99.621 0.054
201506 0.047 100.684 0.062
201509 0.052 100.392 0.068
201512 0.030 99.792 0.040
201603 0.052 100.470 0.068
201606 0.052 101.688 0.067
201609 0.052 101.861 0.067
201612 0.043 101.863 0.056
201703 0.058 102.862 0.074
201706 0.065 103.349 0.083
201709 0.073 104.136 0.092
201712 0.057 104.011 0.072
201803 0.087 105.290 0.109
201806 0.095 106.317 0.118
201809 0.102 106.507 0.126
201812 0.082 105.998 0.102
201903 0.118 107.251 0.145
201906 0.127 108.070 0.155
201909 0.118 108.329 0.144
201912 0.086 108.420 0.105
202003 0.109 108.902 0.132
202006 0.109 108.767 0.132
202009 0.118 109.815 0.142
202012 0.077 109.897 0.092
202103 0.073 111.754 0.086
202106 0.073 114.631 0.084
202109 0.064 115.734 0.073
202112 0.073 117.630 0.082
202203 0.073 121.301 0.079
202206 0.082 125.017 0.086
202209 0.073 125.227 0.077
202212 0.055 125.222 0.058
202303 0.073 127.348 0.076
202306 0.073 128.729 0.075
202309 0.036 129.860 0.037
202312 0.026 129.419 0.026
202403 0.055 131.776 0.055

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


Ratchthani Leasing PCL  (BKK:THANI-F) 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.

Ratchthani Leasing PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.96364/0.58
=6.83

* 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 Ratchthani Leasing PCL was 36.59. The lowest was 6.18. And the median was 13.58.


Be Aware

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


Ratchthani Leasing PCL E10 Related Terms

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


Ratchthani Leasing PCL (BKK:THANI-F) Business Description

Traded in Other Exchanges
Address
77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600
Ratchthani Leasing PCL is a public company incorporated and domiciled in Thailand. The company is principally engaged in providing financial services specifically hire-purchase and leasing. Ratchathani Leasing PCL is organized into business units based on its products and services and has three reportable segments, namely, New Cars, Used Cars, and Others. The company operates only in Thailand and generates a majority of its revenue from Hire purchase interest income.

Ratchthani Leasing PCL (BKK:THANI-F) Headlines

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