Bangkok Airways PCL (BKK:BA) E10: ฿-0.21 (As of Mar. 2026)


BKK:BA Bangkok Airways PCL BKK:BA
67 GF Score
Price ฿18.30
GF Value ฿19.49
Valuation Fairly Valued
! 8 Warning Signs
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What is Bangkok Airways PCL E10?

Bangkok Airways PCL BKK:BA -0.54% 67 E10 is ฿-0.21 as of Mar. 2026. GuruFocus rates BKK:BA with a GF Score™ of 67/100 and a GF Value™ of ฿19.49 (Fairly Valued). The stock has 8 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.

Bangkok Airways PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿1.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿-0.21 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 26.10% 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 Bangkok Airways PCL was 26.10% per year. The lowest was 26.10% per year. And the median was 26.10% per year.

As of today (2026-06-26), Bangkok Airways PCL's current stock price is ฿18.30. Bangkok Airways PCL's E10 for the quarter that ended in Mar. 2026 was ฿-0.21. Bangkok Airways PCL's Shiller PE Ratio of today is .


Bangkok Airways PCL  (BKK:BA) 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.


Be Aware

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


Bangkok Airways PCL E10 Related Terms


Bangkok Airways PCL E10 Historical Data

* Premium members only.

The historical data trend for Bangkok Airways 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.

Bangkok Airways PCL E10 Chart

Bangkok Airways PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.52 -0.40 -0.25 -0.21

Bangkok Airways PCL 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 -0.25 -0.24 -0.23 -0.21 -0.21

BKK:BA vs DAL, UAL, LUV: E10 Comparison

For the Airlines subindustry, Bangkok Airways 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.


Bangkok Airways PCL Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Airways PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:BA
67GF Score
Bangkok Airways PCL BKK:BA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Airways 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, Bangkok Airways PCL'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)
=1.01/330.2130*330.2130
=1.010

Current CPI (Mar. 2026) = 330.2130.

Bangkok Airways PCL Quarterly Data

per share eps CPI Adj_EPS
201606 -0.060 241.018 -0.082
201609 0.320 241.428 0.438
201612 -0.152 241.432 -0.208
201703 0.260 243.801 0.352
201706 -0.250 244.955 -0.337
201709 -0.070 246.819 -0.094
201712 0.443 246.524 0.593
201803 0.340 249.554 0.450
201806 -0.040 251.989 -0.052
201809 0.020 252.439 0.026
201812 -0.200 251.233 -0.263
201903 0.240 254.202 0.312
201906 -0.340 256.143 -0.438
201909 0.030 256.759 0.039
201912 0.230 256.974 0.296
202003 -0.160 258.115 -0.205
202006 -1.440 257.797 -1.845
202009 -0.760 260.280 -0.964
202012 -0.195 260.474 -0.247
202103 -0.360 264.877 -0.449
202106 -0.330 271.696 -0.401
202109 -3.390 274.310 -4.081
202112 -0.070 278.802 -0.083
202203 -0.490 287.504 -0.563
202206 -0.400 296.311 -0.446
202209 -0.190 296.808 -0.211
202212 0.070 296.797 0.078
202303 0.420 301.836 0.459
202306 0.320 305.109 0.346
202309 0.910 307.789 0.976
202312 -0.170 306.746 -0.183
202403 0.890 312.332 0.941
202406 0.340 314.175 0.357
202409 0.320 315.301 0.335
202412 0.250 315.605 0.262
202503 0.800 319.799 0.826
202506 0.190 322.561 0.195
202509 0.500 324.800 0.508
202512 0.208 324.054 0.212
202603 1.010 330.213 1.010

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 ฿-0.21 mean?
Bangkok Airways PCL (BKK:BA) has a E10 of ฿-0.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bangkok Airways PCL and its competitors.
Is Bangkok Airways PCL's E10 too high?
Bangkok Airways PCL's current E10 is ฿-0.21. Overall, Bangkok Airways PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Airways PCL's E10 compare to DAL and UAL?
Bangkok Airways PCL's E10 of ฿-0.21 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 Bangkok Airways PCL and its competitors. Bangkok Airways PCL's current E10 is ฿-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Airways PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Airways PCL (BKK:BA) is currently considered Fairly Valued. The stock's GF Value™ is ฿19.49, compared to a current price of ฿18.30 — trading 6.1% below its estimated fair value. The current E10 is ฿-0.21. Bangkok Airways PCL's overall GF Score™ is 67/100 with 8 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 Bangkok Airways PCL (BKK:BA), the current E10 is ฿-0.21 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 Bangkok Airways PCL (BKK:BA) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Airways PCL stock appears to be undervalued. The current stock price of ฿18.30 is trading 6.1% below its estimated GF Value™ of ฿19.49. GuruFocus considers Bangkok Airways PCL to be Fairly Valued.

Key valuation signals for BKK:BA:

  • E10: ฿-0.21
  • GF Value™: ฿19.49 vs. price of ฿18.30 (6.1% below fair value)
  • GF Score™: 67/100 with 8 warning signs

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


Bangkok Airways PCL Business Description

Other Exchanges 8BA:Germany
Address 99 Moo 14, Vibhavadirangsit Road, Chom Phon, Chatuchak, Bangkok, THA, 10900
Bangkok Airways PCL is principally engaged in the provision of air transportation and airport services. It operates in three segments; The airline segment sells tickets and provides services to passengers, the airport segment provides location services for passengers and airlines, and the supporting airline business segment, which provides ground handling, cargo, and catering services for airlines and customers. The majority of its revenue is from the Airline segment. It mainly operates in Thailand.
67GF Score

Get the complete analysis for BKK:BA

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

฿18.30
Price
฿19.49
GF Value