G J Steel PCL (BKK:GJS) E10: ฿-0.02 (As of Mar. 2026)


BKK:GJS G J Steel PCL BKK:GJS
33 GF Score
Price ฿0.13
GF Value ฿0.16
Valuation Modestly Undervalued
! 3 Warning Signs
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What is G J Steel PCL E10?

G J Steel PCL BKK:GJS 33 E10 is ฿-0.02 as of Mar. 2026. GuruFocus rates BKK:GJS with a GF Score™ of 33/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). 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.

G J Steel PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿-0.02 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 26.30% per year. During the past 5 years, the average E10 Growth Rate was 32.00% 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 G J Steel PCL was 39.00% per year. The lowest was 26.30% per year. And the median was 32.95% per year.

As of today (2026-07-12), G J Steel PCL's current stock price is ฿0.13. G J Steel PCL's E10 for the quarter that ended in Mar. 2026 was ฿-0.02. G J Steel PCL's Shiller PE Ratio of today is .


G J Steel PCL  (BKK:GJS) 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.


G J Steel PCL E10 Related Terms


G J Steel PCL E10 Historical Data

* Premium members only.

The historical data trend for G J Steel 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.

G J Steel PCL E10 Chart

G J Steel 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 -0.10 -0.05 -0.03 -0.03 -0.02

G J Steel 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 -0.03 -0.03 -0.02 -0.02 -0.02

BKK:GJS vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, G J Steel 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.


G J Steel PCL Shiller PE Ratio vs Steel Industry

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

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


BKK:GJS
33GF Score
G J Steel PCL BKK:GJS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G J Steel 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, G J Steel 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)
=-0.003/330.2130*330.2130
=-0.003

Current CPI (Mar. 2026) = 330.2130.

G J Steel PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.017 241.018 0.023
201609 -0.003 241.428 -0.004
201612 -0.027 241.432 -0.037
201703 0.091 243.801 0.123
201706 -0.022 244.955 -0.030
201709 0.006 246.819 0.008
201712 0.011 246.524 0.015
201803 0.026 249.554 0.034
201806 -0.032 251.989 -0.042
201809 -0.022 252.439 -0.029
201812 -0.032 251.233 -0.042
201903 -0.031 254.202 -0.040
201906 -0.003 256.143 -0.004
201909 -0.017 256.759 -0.022
201912 -0.017 256.974 -0.022
202003 -0.013 258.115 -0.017
202006 -0.007 257.797 -0.009
202009 -0.007 260.280 -0.009
202012 0.003 260.474 0.004
202103 0.011 264.877 0.014
202106 0.031 271.696 0.038
202109 0.046 274.310 0.055
202112 0.038 278.802 0.045
202203 0.018 287.504 0.021
202206 0.012 296.311 0.013
202209 -0.003 296.808 -0.003
202212 -0.150 296.797 -0.167
202303 -0.001 301.836 -0.001
202306 -0.013 305.109 -0.014
202309 -0.001 307.789 -0.001
202312 -0.005 306.746 -0.005
202403 -0.002 312.332 -0.002
202406 -0.008 314.175 -0.008
202409 -0.015 315.301 -0.016
202412 -0.015 315.605 -0.016
202503 -0.012 319.799 -0.012
202506 -0.012 322.561 -0.012
202509 -0.010 324.800 -0.010
202512 -0.007 324.054 -0.007
202603 -0.003 330.213 -0.003

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 ฿-0.02 mean?
G J Steel PCL (BKK:GJS) has a E10 of ฿-0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on G J Steel PCL and its competitors.
Is G J Steel PCL's E10 too high?
G J Steel PCL's current E10 is ฿-0.02. Overall, G J Steel PCL has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's E10 compare to NUE and STLD?
G J Steel PCL's E10 of ฿-0.02 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 G J Steel PCL and its competitors. G J Steel PCL's current E10 is ฿-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G J Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, G J Steel PCL (BKK:GJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.13 — trading 18.8% below its estimated fair value. The current E10 is ฿-0.02. G J Steel PCL's overall GF Score™ is 33/100 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 G J Steel PCL (BKK:GJS), the current E10 is ฿-0.02 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 G J Steel PCL (BKK:GJS) Overvalued in 2026?

Based on GuruFocus' analysis, G J Steel PCL stock appears to be undervalued. The current stock price of ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16. GuruFocus considers G J Steel PCL to be Modestly Undervalued.

Key valuation signals for BKK:GJS:

  • E10: ฿-0.02
  • GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
  • GF Score™: 33/100 with 3 warning signs

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


G J Steel PCL Business Description

Address Silom Road, Suriyawong, 88 Paso Tower, 24th Floor, Bangrak, Bangkok, THA, 10500
G J Steel PCL is engaged in the manufacturing and distribution of hot rolled coil steel products. Its main products are hot-rolled coils (HRC) and tempered hot-rolled coils. The company distributes its products which are further used as a raw material to produce various products like, automotive parts, gas cylinder, pressure vessel, home appliance, and pipes. The company operates in a single segment, which is manufacturing of hot rolled coil steel products. Geographically, it operates and generates revenue only from Thailand.
33GF Score

Get the complete analysis for BKK:GJS

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

฿0.13
Price
฿0.16
GF Value