Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) E10: ฿1.14 (As of Mar. 2026)


BKK:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
85 GF Score
Price ฿12.80
GF Value ฿13.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Axtra Future City Freehold and Leasehold REIT E10?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART +0.79% 85 E10 is ฿1.14 as of Mar. 2026. GuruFocus rates BKK:AXTRART with a GF Score™ of 85/100 and a GF Value™ of ฿13.10 (Fairly Valued). The stock has 3 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.

Axtra Future City Freehold and Leasehold REIT's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.227. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿1.14 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 1.80% 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 Axtra Future City Freehold and Leasehold REIT was 1.80% per year. The lowest was 1.80% per year. And the median was 1.80% per year.

As of today (2026-06-26), Axtra Future City Freehold and Leasehold REIT's current stock price is ฿12.80. Axtra Future City Freehold and Leasehold REIT's E10 for the quarter that ended in Mar. 2026 was ฿1.14. Axtra Future City Freehold and Leasehold REIT's Shiller PE Ratio of today is 11.23.

During the past 13 years, the highest Shiller PE Ratio of Axtra Future City Freehold and Leasehold REIT was 13.03. The lowest was 9.47. And the median was 11.55.


Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) 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.

Axtra Future City Freehold and Leasehold REIT's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.80/1.14
=11.23

* 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 Axtra Future City Freehold and Leasehold REIT was 13.03. The lowest was 9.47. And the median was 11.55.


Be Aware

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


Axtra Future City Freehold and Leasehold REIT E10 Related Terms


Axtra Future City Freehold and Leasehold REIT E10 Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold REIT'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.

Axtra Future City Freehold and Leasehold REIT E10 Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.09 1.09 1.12 1.15

Axtra Future City Freehold and Leasehold REIT Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 1.14 1.14 1.14 1.15 1.14

BKK:AXTRART vs SPG, O, KIM: E10 Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold REIT'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.


Axtra Future City Freehold and Leasehold REIT Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's Shiller PE Ratio falls into.


BKK:AXTRART
85GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtra Future City Freehold and Leasehold REIT 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, Axtra Future City Freehold and Leasehold REIT'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)
=0.227/330.2130*330.2130
=0.227

Current CPI (Mar. 2026) = 330.2130.

Axtra Future City Freehold and Leasehold REIT Quarterly Data

per share eps CPI Adj_EPS
201605 0.234 240.229 0.322
201608 0.343 240.849 0.470
201611 0.234 241.353 0.320
201702 0.405 243.603 0.549
201705 0.238 244.733 0.321
201708 0.311 245.519 0.418
201711 0.238 246.669 0.319
201802 0.417 248.991 0.553
201805 0.256 251.588 0.336
201808 0.296 252.146 0.388
201811 0.244 252.038 0.320
201902 0.522 252.776 0.682
201905 0.257 256.092 0.331
201908 0.407 256.558 0.524
201911 0.246 257.208 0.316
202002 0.246 258.678 0.314
202005 0.080 256.394 0.103
202008 0.211 259.918 0.268
202011 0.212 260.229 0.269
202102 0.091 263.014 0.114
202105 0.201 269.195 0.247
202108 0.155 273.567 0.187
202111 0.245 277.948 0.291
202202 0.010 283.716 0.012
202205 0.228 292.296 0.258
202208 0.227 296.171 0.253
202211 -0.319 297.711 -0.354
202302 0.167 300.840 0.183
202305 0.244 304.127 0.265
202308 0.236 307.026 0.254
202311 0.235 307.051 0.253
202402 0.239 310.326 0.254
202405 0.239 314.069 0.251
202408 0.240 314.796 0.252
202412 0.161 315.605 0.168
202503 0.238 319.799 0.246
202506 0.234 322.561 0.240
202509 0.236 324.800 0.240
202512 0.429 324.054 0.437
202603 0.227 330.213 0.227

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 ฿1.14 mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a E10 of ฿1.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors.
Is Axtra Future City Freehold and Leasehold REIT's E10 too high?
Axtra Future City Freehold and Leasehold REIT's current E10 is ฿1.14. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's E10 compare to SPG and O?
Axtra Future City Freehold and Leasehold REIT's E10 of ฿1.14 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Axtra Future City Freehold and Leasehold REIT and its competitors. Axtra Future City Freehold and Leasehold REIT's current E10 is ฿1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.80 — trading 2.3% below its estimated fair value. The current E10 is ฿1.14. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current E10 is ฿1.14 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿12.80 is trading 2.3% below its estimated GF Value™ of ฿13.10. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • E10: ฿1.14
  • GF Value™: ฿13.10 vs. price of ฿12.80 (2.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score

Get the complete analysis for BKK:AXTRART

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

฿12.80
Price
฿13.10
GF Value