Bangkok Expressway and Metro PCL (BKK:BEM) E10: ฿0.26 (As of Mar. 2026)


BKK:BEM Bangkok Expressway and Metro PCL BKK:BEM
83 GF Score
Price ฿6.20
GF Value ฿7.73
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Bangkok Expressway and Metro PCL E10?

Bangkok Expressway and Metro PCL BKK:BEM -1.59% 83 E10 is ฿0.26 as of Mar. 2026. GuruFocus rates BKK:BEM with a GF Score™ of 83/100 and a GF Value™ of ฿7.73 (Modestly Undervalued). The stock has 13 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 Expressway and Metro PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangkok Expressway and Metro PCL's average E10 Growth Rate was -7.10% per year. During the past 3 years, the average E10 Growth Rate was 2.80% per year. During the past 5 years, the average E10 Growth Rate was 13.50% 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 Expressway and Metro PCL was 81.70% per year. The lowest was 2.80% per year. And the median was 26.00% per year.

As of today (2026-07-01), Bangkok Expressway and Metro PCL's current stock price is ฿6.20. Bangkok Expressway and Metro PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.26. Bangkok Expressway and Metro PCL's Shiller PE Ratio of today is 23.85.

During the past 13 years, the highest Shiller PE Ratio of Bangkok Expressway and Metro PCL was 905.00. The lowest was 16.71. And the median was 42.61.


Bangkok Expressway and Metro PCL  (BKK:BEM) 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 Expressway and Metro PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.20/0.26
=23.85

* 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 Expressway and Metro PCL was 905.00. The lowest was 16.71. And the median was 42.61.


Be Aware

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


Bangkok Expressway and Metro PCL E10 Related Terms


Bangkok Expressway and Metro PCL E10 Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway and Metro 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 Expressway and Metro PCL E10 Chart

Bangkok Expressway and Metro 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 0.18 0.23 0.28 0.28 0.25

Bangkok Expressway and Metro 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 0.28 0.27 0.25 0.25 0.26

BKK:BEM vs UNP, CSX, NSC: E10 Comparison

For the Railroads subindustry, Bangkok Expressway and Metro 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 Expressway and Metro PCL Shiller PE Ratio vs Transportation Industry

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

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


BKK:BEM
83GF Score
Bangkok Expressway and Metro PCL BKK:BEM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Expressway and Metro 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 Expressway and Metro 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)
=0.06/330.2130*330.2130
=0.060

Current CPI (Mar. 2026) = 330.2130.

Bangkok Expressway and Metro PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.030 241.018 0.041
201609 0.050 241.428 0.068
201612 0.039 241.432 0.053
201703 0.050 243.801 0.068
201706 0.050 244.955 0.067
201709 0.060 246.819 0.080
201712 0.050 246.524 0.067
201803 0.050 249.554 0.066
201806 0.060 251.989 0.079
201809 0.200 252.439 0.262
201812 0.030 251.233 0.039
201903 0.060 254.202 0.078
201906 0.200 256.143 0.258
201909 0.060 256.759 0.077
201912 0.034 256.974 0.044
202003 0.030 258.115 0.038
202006 0.010 257.797 0.013
202009 0.050 260.280 0.063
202012 0.030 260.474 0.038
202103 0.020 264.877 0.025
202106 0.010 271.696 0.012
202109 0.010 274.310 0.012
202112 0.026 278.802 0.031
202203 0.020 287.504 0.023
202206 0.040 296.311 0.045
202209 0.060 296.808 0.067
202212 0.039 296.797 0.043
202303 0.050 301.836 0.055
202306 0.060 305.109 0.065
202309 0.060 307.789 0.064
202312 0.056 306.746 0.060
202403 0.060 312.332 0.063
202406 0.070 314.175 0.074
202409 0.070 315.301 0.073
202412 0.057 315.605 0.060
202503 0.060 319.799 0.062
202506 0.070 322.561 0.072
202509 0.070 324.800 0.071
202512 0.050 324.054 0.051
202603 0.060 330.213 0.060

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 ฿0.26 mean?
Bangkok Expressway and Metro PCL (BKK:BEM) has a E10 of ฿0.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bangkok Expressway and Metro PCL and its competitors.
Is Bangkok Expressway and Metro PCL's E10 too high?
Bangkok Expressway and Metro PCL's current E10 is ฿0.26. Overall, Bangkok Expressway and Metro PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Expressway and Metro PCL's E10 compare to UNP and CSX?
Bangkok Expressway and Metro PCL's E10 of ฿0.26 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 Expressway and Metro PCL and its competitors. Bangkok Expressway and Metro PCL's current E10 is ฿0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway and Metro PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL (BKK:BEM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.73, compared to a current price of ฿6.20 — trading 19.8% below its estimated fair value. The current E10 is ฿0.26. Bangkok Expressway and Metro PCL's overall GF Score™ is 83/100 with 13 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 Expressway and Metro PCL (BKK:BEM), the current E10 is ฿0.26 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 Expressway and Metro PCL (BKK:BEM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL stock appears to be undervalued. The current stock price of ฿6.20 is trading 19.8% below its estimated GF Value™ of ฿7.73. GuruFocus considers Bangkok Expressway and Metro PCL to be Modestly Undervalued.

Key valuation signals for BKK:BEM:

  • E10: ฿0.26
  • GF Value™: ฿7.73 vs. price of ฿6.20 (19.8% below fair value)
  • GF Score™: 83/100 with 13 warning signs

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


Bangkok Expressway and Metro PCL Business Description

Other Exchanges BEM-F:Thailand
Address 587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines and commercial development in Thailand. Along with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.
83GF Score

Get the complete analysis for BKK:BEM

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

฿6.20
Price
฿7.73
GF Value