I.C.C.International PCL (BKK:ICC) E10: ฿1.62 (As of Mar. 2026)


BKK:ICC I.C.C.International PCL BKK:ICC
68 GF Score
Price ฿24.40
GF Value ฿22.98
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is I.C.C.International PCL E10?

I.C.C.International PCL BKK:ICC 68 E10 is ฿1.62 as of Mar. 2026. GuruFocus rates BKK:ICC with a GF Score™ of 68/100 and a GF Value™ of ฿22.98 (Fairly Valued). The stock has 7 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.

I.C.C.International PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿1.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, I.C.C.International PCL's average E10 Growth Rate was -5.30% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was 1.10% 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 I.C.C.International PCL was 3.30% per year. The lowest was -5.70% per year. And the median was -1.10% per year.

As of today (2026-06-29), I.C.C.International PCL's current stock price is ฿24.40. I.C.C.International PCL's E10 for the quarter that ended in Mar. 2026 was ฿1.62. I.C.C.International PCL's Shiller PE Ratio of today is 15.06.

During the past 13 years, the highest Shiller PE Ratio of I.C.C.International PCL was 20.27. The lowest was 9.78. And the median was 13.43.


I.C.C.International PCL  (BKK:ICC) 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.

I.C.C.International PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.40/1.62
=15.06

* 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 I.C.C.International PCL was 20.27. The lowest was 9.78. And the median was 13.43.


Be Aware

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


I.C.C.International PCL E10 Related Terms


I.C.C.International PCL E10 Historical Data

* Premium members only.

The historical data trend for I.C.C.International 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.

I.C.C.International PCL E10 Chart

I.C.C.International 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 1.50 1.45 1.50 1.59 1.60

I.C.C.International 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 1.71 1.65 1.64 1.60 1.62

BKK:ICC vs TJX, ROST, BURL: E10 Comparison

For the Apparel Retail subindustry, I.C.C.International 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.


I.C.C.International PCL Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where I.C.C.International PCL's Shiller PE Ratio falls into.


BKK:ICC
68GF Score
I.C.C.International PCL BKK:ICC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I.C.C.International 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, I.C.C.International 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)
=0.27/330.2130*330.2130
=0.270

Current CPI (Mar. 2026) = 330.2130.

I.C.C.International PCL Quarterly Data

per share eps CPI Adj_EPS
201606 1.128 241.018 1.545
201609 0.285 241.428 0.390
201612 0.221 241.432 0.302
201703 0.349 243.801 0.473
201706 0.610 244.955 0.822
201709 0.110 246.819 0.147
201712 0.622 246.524 0.833
201803 0.558 249.554 0.738
201806 0.721 251.989 0.945
201809 0.157 252.439 0.205
201812 0.424 251.233 0.557
201903 0.541 254.202 0.703
201906 0.750 256.143 0.967
201909 0.076 256.759 0.098
201912 0.083 256.974 0.107
202003 -0.238 258.115 -0.304
202006 0.209 257.797 0.268
202009 -0.163 260.280 -0.207
202012 0.081 260.474 0.103
202103 0.017 264.877 0.021
202106 0.174 271.696 0.211
202109 -0.273 274.310 -0.329
202112 0.327 278.802 0.387
202203 -0.047 287.504 -0.054
202206 0.436 296.311 0.486
202209 0.081 296.808 0.090
202212 0.765 296.797 0.851
202303 1.651 301.836 1.806
202306 0.482 305.109 0.522
202309 -0.007 307.789 -0.008
202312 -0.364 306.746 -0.392
202403 0.131 312.332 0.138
202406 1.940 314.175 2.039
202409 -0.100 315.301 -0.105
202412 -0.006 315.605 -0.006
202503 1.210 319.799 1.249
202506 0.380 322.561 0.389
202509 -0.030 324.800 -0.030
202512 0.020 324.054 0.020
202603 0.270 330.213 0.270

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 ฿1.62 mean?
I.C.C.International PCL (BKK:ICC) has a E10 of ฿1.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on I.C.C.International PCL and its competitors.
Is I.C.C.International PCL's E10 too high?
I.C.C.International PCL's current E10 is ฿1.62. Overall, I.C.C.International PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's E10 compare to TJX and ROST?
I.C.C.International PCL's E10 of ฿1.62 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 I.C.C.International PCL and its competitors. I.C.C.International PCL's current E10 is ฿1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.98, compared to a current price of ฿24.40 — trading 6.2% above its estimated fair value. The current E10 is ฿1.62. I.C.C.International PCL's overall GF Score™ is 68/100 with 7 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 I.C.C.International PCL (BKK:ICC), the current E10 is ฿1.62 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 I.C.C.International PCL (BKK:ICC) Overvalued in 2026?

Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued. The current stock price of ฿24.40 is trading 6.2% above its estimated GF Value™ of ฿22.98. GuruFocus considers I.C.C.International PCL to be Fairly Valued.

Key valuation signals for BKK:ICC:

  • E10: ฿1.62
  • GF Value™: ฿22.98 vs. price of ฿24.40 (6.2% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


I.C.C.International PCL Business Description

Address 530 Soi Sathupradit 58, Bang Phong Phang Subdistrict, Yannawa District, Bangkok, THA, 10120
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
68GF Score

Get the complete analysis for BKK:ICC

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

฿24.40
Price
฿22.98
GF Value