Bangkok Aviation Fuel Services PCL (BKK:BAFS) E10: ฿0.64 (As of Mar. 2026)


BKK:BAFS Bangkok Aviation Fuel Services PCL BKK:BAFS
69 GF Score
Price ฿9.50
GF Value ฿15.58
Valuation Possible Value Trap
! 9 Warning Signs
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What is Bangkok Aviation Fuel Services PCL E10?

Bangkok Aviation Fuel Services PCL BKK:BAFS +0.53% 69 E10 is ฿0.64 as of Mar. 2026. GuruFocus rates BKK:BAFS with a GF Score™ of 69/100 and a GF Value™ of ฿15.58 (Possible Value Trap). The stock has 9 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 Aviation Fuel Services PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangkok Aviation Fuel Services PCL's average E10 Growth Rate was -21.00% per year. During the past 3 years, the average E10 Growth Rate was -16.30% per year. During the past 5 years, the average E10 Growth Rate was -13.90% 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 Aviation Fuel Services PCL was 7.00% per year. The lowest was -16.30% per year. And the median was -9.60% per year.

As of today (2026-06-26), Bangkok Aviation Fuel Services PCL's current stock price is ฿9.50. Bangkok Aviation Fuel Services PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.64. Bangkok Aviation Fuel Services PCL's Shiller PE Ratio of today is 14.84.

During the past 13 years, the highest Shiller PE Ratio of Bangkok Aviation Fuel Services PCL was 37.12. The lowest was 8.64. And the median was 21.93.


Bangkok Aviation Fuel Services PCL  (BKK:BAFS) 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.

Bangkok Aviation Fuel Services PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.50/0.64
=14.84

* 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 Bangkok Aviation Fuel Services PCL was 37.12. The lowest was 8.64. And the median was 21.93.


Be Aware

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


Bangkok Aviation Fuel Services PCL E10 Related Terms


Bangkok Aviation Fuel Services PCL E10 Historical Data

* Premium members only.

The historical data trend for Bangkok Aviation Fuel Services 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 Aviation Fuel Services PCL E10 Chart

Bangkok Aviation Fuel Services 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 1.31 1.16 0.96 0.84 0.68

Bangkok Aviation Fuel Services 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 0.81 0.77 0.73 0.68 0.64

BKK:BAFS vs JOBY, CAAP: E10 Comparison

For the Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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 Aviation Fuel Services PCL Shiller PE Ratio vs Transportation Industry

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

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


BKK:BAFS
69GF Score
Bangkok Aviation Fuel Services PCL BKK:BAFS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Aviation Fuel Services 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 Aviation Fuel Services 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)
=0.22/330.2130*330.2130
=0.220

Current CPI (Mar. 2026) = 330.2130.

Bangkok Aviation Fuel Services PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.370 241.018 0.507
201609 0.460 241.428 0.629
201612 0.340 241.432 0.465
201703 0.480 243.801 0.650
201706 0.360 244.955 0.485
201709 1.270 246.819 1.699
201712 0.250 246.524 0.335
201803 0.510 249.554 0.675
201806 0.380 251.989 0.498
201809 0.480 252.439 0.628
201812 0.284 251.233 0.373
201903 0.550 254.202 0.714
201906 0.280 256.143 0.361
201909 0.400 256.759 0.514
201912 0.250 256.974 0.321
202003 0.240 258.115 0.307
202006 -0.360 257.797 -0.461
202009 -0.280 260.280 -0.355
202012 -0.190 260.474 -0.241
202103 -0.300 264.877 -0.374
202106 -0.270 271.696 -0.328
202109 -0.310 274.310 -0.373
202112 -0.350 278.802 -0.415
202203 -0.120 287.504 -0.138
202206 -0.190 296.311 -0.212
202209 -0.070 296.808 -0.078
202212 -0.065 296.797 -0.072
202303 0.080 301.836 0.088
202306 0.020 305.109 0.022
202309 -0.020 307.789 -0.021
202312 -0.332 306.746 -0.357
202403 0.110 312.332 0.116
202406 0.050 314.175 0.053
202409 0.020 315.301 0.021
202412 -0.100 315.605 -0.105
202503 0.200 319.799 0.207
202506 0.070 322.561 0.072
202509 0.050 324.800 0.051
202512 -0.070 324.054 -0.071
202603 0.220 330.213 0.220

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 ฿0.64 mean?
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a E10 of ฿0.64 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bangkok Aviation Fuel Services PCL and its competitors.
Is Bangkok Aviation Fuel Services PCL's E10 too high?
Bangkok Aviation Fuel Services PCL's current E10 is ฿0.64. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's E10 compare to JOBY and CAAP?
Bangkok Aviation Fuel Services PCL's E10 of ฿0.64 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 Aviation Fuel Services PCL and its competitors. Bangkok Aviation Fuel Services PCL's current E10 is ฿0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.58, compared to a current price of ฿9.50 — trading 39% below its estimated fair value. The current E10 is ฿0.64. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 69/100 with 9 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 Aviation Fuel Services PCL (BKK:BAFS), the current E10 is ฿0.64 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 Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued. The current stock price of ฿9.50 is trading 39% below its estimated GF Value™ of ฿15.58. GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.

Key valuation signals for BKK:BAFS:

  • E10: ฿0.64
  • GF Value™: ฿15.58 vs. price of ฿9.50 (39% below fair value)
  • GF Score™: 69/100 with 9 warning signs

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


Bangkok Aviation Fuel Services PCL Business Description

Address 171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
69GF Score

Get the complete analysis for BKK:BAFS

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

฿9.50
Price
฿15.58
GF Value