AIPUY (Airports Of Thailand) E10: $0.34 (As of Mar. 2026)


AIPUY Airports Of Thailand PLC AIPUY
80 GF Score
Price $18.18
GF Value $21.67
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Airports Of Thailand E10?

Airports Of Thailand AIPUY +3.27% 80 E10 is $0.34 as of Mar. 2026. GuruFocus rates AIPUY with a GF Score™ of 80/100 and a GF Value™ of $21.67 (Modestly Undervalued). The stock has 7 warning signs investors should review.

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.

Airports Of Thailand's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.124. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Airports Of Thailand's average E10 Growth Rate was -3.00% per year. During the past 3 years, the average E10 Growth Rate was -1.00% per year. During the past 5 years, the average E10 Growth Rate was -2.80% 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 Airports Of Thailand was 12.20% per year. The lowest was -5.60% per year. And the median was -1.45% per year.

As of today (2026-07-02), Airports Of Thailand's current stock price is $18.175. Airports Of Thailand's E10 for the quarter that ended in Mar. 2026 was $0.34. Airports Of Thailand's Shiller PE Ratio of today is 53.46.

During the past 13 years, the highest Shiller PE Ratio of Airports Of Thailand was 86.75. The lowest was 28.25. And the median was 64.41.


Airports Of Thailand  (OTCPK:AIPUY) 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.

Airports Of Thailand's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.175/0.34
=53.46

* 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 Airports Of Thailand was 86.75. The lowest was 28.25. And the median was 64.41.


Be Aware

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


Airports Of Thailand E10 Related Terms


Airports Of Thailand E10 Historical Data

* Premium members only.

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand E10 Chart

Airports Of Thailand Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.25 0.26 0.30 0.28

Airports Of Thailand Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.33 0.34 0.28 0.30 0.34

AIPUY vs JOBY, CAAP: E10 Comparison

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Shiller PE Ratio falls into.


AIPUY
80GF Score
Airports Of Thailand PLC AIPUY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airports Of Thailand 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, Airports Of Thailand'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)
=0.124/330.2130*330.2130
=0.124

Current CPI (Mar. 2026) = 330.2130.

Airports Of Thailand Quarterly Data

per share eps CPI Adj_EPS
201606 0.099 241.018 0.136
201609 0.086 241.428 0.118
201612 0.101 241.432 0.138
201703 0.129 243.801 0.175
201706 0.112 244.955 0.151
201709 0.080 246.819 0.107
201712 0.135 246.524 0.181
201803 0.163 249.554 0.216
201806 0.139 251.989 0.182
201809 0.113 252.439 0.148
201812 0.138 251.233 0.181
201903 0.170 254.202 0.221
201906 0.132 256.143 0.170
201909 0.117 256.759 0.150
201912 0.169 256.974 0.217
202003 0.081 258.115 0.104
202006 -0.067 257.797 -0.086
202009 -0.083 260.280 -0.105
202012 -0.080 260.474 -0.101
202103 -0.084 264.877 -0.105
202106 -0.092 271.696 -0.112
202109 -0.109 274.310 -0.131
202112 -0.089 278.802 -0.105
202203 -0.069 287.504 -0.079
202206 -0.043 296.311 -0.048
202209 -0.027 296.808 -0.030
202212 0.006 296.797 0.007
202303 0.038 301.836 0.042
202306 0.063 305.109 0.068
202309 0.067 307.789 0.072
202312 0.091 306.746 0.098
202403 0.111 312.332 0.117
202406 0.087 314.175 0.091
202409 0.090 315.301 0.094
202412 0.108 315.605 0.113
202503 0.104 319.799 0.107
202506 0.083 322.561 0.085
202509 0.084 324.800 0.085
202512 0.105 324.054 0.107
202603 0.124 330.213 0.124

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.34 mean?
Airports Of Thailand (AIPUY) has a E10 of $0.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Airports Of Thailand and its competitors.
Is Airports Of Thailand's E10 too high?
Airports Of Thailand's current E10 is $0.34. Overall, Airports Of Thailand has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's E10 compare to JOBY and CAAP?
Airports Of Thailand's E10 of $0.34 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Transportation company?
A good E10 depends on the Transportation industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Airports Of Thailand and its competitors. Airports Of Thailand's current E10 is $0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (AIPUY) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.67, compared to a current price of $18.18 — trading 16.1% below its estimated fair value. The current E10 is $0.34. Airports Of Thailand's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Airports Of Thailand (AIPUY), the current E10 is $0.34 as of Mar. 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 Airports Of Thailand (AIPUY) Overvalued in 2026?

Based on GuruFocus' analysis, Airports Of Thailand stock appears to be undervalued. The current stock price of $18.18 is trading 16.1% below its estimated GF Value™ of $21.67. GuruFocus considers Airports Of Thailand to be Modestly Undervalued.

Key valuation signals for AIPUY:

  • E10: $0.34
  • GF Value™: $21.67 vs. price of $18.18 (16.1% below fair value)
  • GF Score™: 80/100 with 7 warning signs

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


Airports Of Thailand Business Description

Address No. 333, Cherdwutagard Road, Sikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
80GF Score

Get the complete analysis for AIPUY

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.18
Price
$21.67
GF Value