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Chow Steel Industries PCL (BKK:CHOW) E10 : ฿0.12 (As of Sep. 2024)


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What is Chow Steel Industries PCL E10?

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.

Chow Steel Industries PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was ฿0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.12 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Chow Steel Industries PCL's average E10 Growth Rate was 9.10% 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.

As of today (2024-12-15), Chow Steel Industries PCL's current stock price is ฿1.94. Chow Steel Industries PCL's E10 for the quarter that ended in Sep. 2024 was ฿0.12. Chow Steel Industries PCL's Shiller PE Ratio of today is 16.17.

During the past 13 years, the highest Shiller PE Ratio of Chow Steel Industries PCL was 398.00. The lowest was 12.00. And the median was 32.75.


Chow Steel Industries PCL E10 Historical Data

The historical data trend for Chow Steel Industries 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.

* Premium members only.

Chow Steel Industries PCL E10 Chart

Chow Steel Industries PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.04 0.08 0.11

Chow Steel Industries PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.11 0.11 0.12 0.12 0.12

Competitive Comparison of Chow Steel Industries PCL's E10

For the Steel subindustry, Chow Steel Industries 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.


Chow Steel Industries PCL's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chow Steel Industries PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Chow Steel Industries PCL's Shiller PE Ratio falls into.



Chow Steel Industries 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, Chow Steel Industries PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.008/133.0289*133.0289
=0.008

Current CPI (Sep. 2024) = 133.0289.

Chow Steel Industries PCL Quarterly Data

per share eps CPI Adj_EPS
201412 -0.022 99.070 -0.030
201503 -0.020 99.621 -0.027
201506 0.051 100.684 0.067
201509 0.018 100.392 0.024
201512 -0.180 99.792 -0.240
201603 0.060 100.470 0.079
201606 0.003 101.688 0.004
201609 0.067 101.861 0.088
201612 -0.091 101.863 -0.119
201703 -0.050 102.862 -0.065
201706 0.090 103.349 0.116
201709 0.080 104.136 0.102
201712 0.189 104.011 0.242
201803 -0.120 105.290 -0.152
201806 0.200 106.317 0.250
201809 0.080 106.507 0.100
201812 -0.312 105.998 -0.392
201903 0.010 107.251 0.012
201906 -0.030 108.070 -0.037
201909 -0.090 108.329 -0.111
201912 -0.161 108.420 -0.198
202003 -0.240 108.902 -0.293
202006 0.032 108.767 0.039
202009 -0.115 109.815 -0.139
202012 -0.018 109.897 -0.022
202103 -0.080 111.754 -0.095
202106 0.030 114.631 0.035
202109 -0.090 115.734 -0.103
202112 0.010 117.630 0.011
202203 1.310 121.301 1.437
202206 0.020 125.017 0.021
202209 -0.060 125.227 -0.064
202212 0.012 125.222 0.013
202303 -0.006 127.348 -0.006
202306 -0.010 128.729 -0.010
202309 0.384 129.860 0.393
202312 0.126 129.419 0.130
202403 0.100 131.776 0.101
202406 0.040 132.554 0.040
202409 0.008 133.029 0.008

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


Chow Steel Industries PCL  (BKK:CHOW) 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.

Chow Steel Industries PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.94/0.12
=16.17

* 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 Chow Steel Industries PCL was 398.00. The lowest was 12.00. And the median was 32.75.


Be Aware

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


Chow Steel Industries PCL E10 Related Terms

Thank you for viewing the detailed overview of Chow Steel Industries PCL's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Chow Steel Industries PCL Business Description

Traded in Other Exchanges
N/A
Address
2525 FYI Center, Rama 4 Road, Tower 2, 10th Floor, Unit 2/1007-1008, Khlongtoei Sub-district, Khlongtoei District, Bangkok, THA, 10110
Chow Steel Industries PCL is engaged in the business of manufacturing and distribution of steel billet and renewable energy. Its products are used for the production of round bars, deformed bars, and wire rods. Geographically all the business activity functions through Thailand. The business activity of the company is operated through six segments which are Original Equipment Manufacturer (OEM) business, Trading of steel billets business, Investment in renewable power plant business, Consultancy on investments related to the renewable energy business, Cryptocurrency business and Other businesses. The company offers its products to both Thailand and overseas markets.

Chow Steel Industries PCL Headlines

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