POSCO-Thainox PCL (BKK:INOX) E10: ฿0.43 (As of Jun. 2026)

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BKK:INOX POSCO-Thainox PCL BKK:INOX
68 GF Score
Price ฿4.16
GF Value ฿4.30
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is POSCO-Thainox PCL E10?

POSCO-Thainox PCL BKK:INOX 68 E10 is ฿0.43 as of Jun. 2026. GuruFocus rates BKK:INOX with a GF Score™ of 68/100 and a GF Value™ of ฿4.30 (Fairly Valued). The stock has 4 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.

POSCO-Thainox PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.43 for the trailing ten years ended in Jun. 2026.

During the past 12 months, POSCO-Thainox PCL's average E10 Growth Rate was -4.40% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was 25.60% 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 POSCO-Thainox PCL was 57.50% per year. The lowest was -19.40% per year. And the median was 9.60% per year.

As of today (2026-08-22), POSCO-Thainox PCL's current stock price is ฿4.16. POSCO-Thainox PCL's E10 for the quarter that ended in Jun. 2026 was ฿0.43. POSCO-Thainox PCL's Shiller PE Ratio of today is 9.67.

During the past 13 years, the highest Shiller PE Ratio of POSCO-Thainox PCL was 119.17. The lowest was 7.78. And the median was 25.67.


POSCO-Thainox PCL  (BKK:INOX) 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.

POSCO-Thainox PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.16/0.43
=9.67

* 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 POSCO-Thainox PCL was 119.17. The lowest was 7.78. And the median was 25.67.


Be Aware

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


POSCO-Thainox PCL E10 Related Terms


POSCO-Thainox PCL E10 Historical Data

* Premium members only.

The historical data trend for POSCO-Thainox 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.

POSCO-Thainox PCL E10 Chart

POSCO-Thainox 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 0.32 0.38 0.43 0.45 0.43

POSCO-Thainox PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.45 0.45 0.43 0.45 0.43

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

For the Steel subindustry, POSCO-Thainox 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.


POSCO-Thainox PCL Shiller PE Ratio vs Steel Industry

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

* The bar in red indicates where POSCO-Thainox PCL's Shiller PE Ratio falls into.


BKK:INOX
68GF Score
POSCO-Thainox PCL BKK:INOX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

POSCO-Thainox 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, POSCO-Thainox PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.065/333.9520*333.9520
=0.065

Current CPI (Jun. 2026) = 333.9520.

POSCO-Thainox PCL Quarterly Data

per share eps CPI Adj_EPS
201609 0.277 241.428 0.383
201612 0.241 241.432 0.333
201703 0.292 243.801 0.400
201706 0.071 244.955 0.097
201709 -0.100 246.819 -0.135
201712 0.137 246.524 0.186
201803 0.253 249.554 0.339
201806 0.331 251.989 0.439
201809 0.129 252.439 0.171
201812 0.008 251.233 0.011
201903 -0.054 254.202 -0.071
201906 0.001 256.143 0.001
201909 0.065 256.759 0.085
201912 -0.058 256.974 -0.075
202003 -0.070 258.115 -0.091
202006 -0.083 257.797 -0.108
202009 0.082 260.280 0.105
202012 0.048 260.474 0.062
202103 0.208 264.877 0.262
202106 0.268 271.696 0.329
202109 0.343 274.310 0.418
202112 0.317 278.802 0.380
202203 0.459 287.504 0.533
202206 0.591 296.311 0.666
202209 -0.315 296.808 -0.354
202212 -0.471 296.797 -0.530
202303 0.044 301.836 0.049
202306 0.011 305.109 0.012
202309 -0.091 307.789 -0.099
202312 -0.058 306.746 -0.063
202403 0.049 312.332 0.052
202406 0.203 314.175 0.216
202409 0.078 315.301 0.083
202412 0.121 315.605 0.128
202503 -0.153 319.799 -0.160
202506 0.058 322.561 0.060
202509 0.050 324.800 0.051
202512 -0.035 324.054 -0.036
202603 0.126 330.213 0.127
202606 0.065 333.952 0.065

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 ฿0.43 mean?
POSCO-Thainox PCL (BKK:INOX) has a E10 of ฿0.43 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on POSCO-Thainox PCL and its competitors.
Is POSCO-Thainox PCL's E10 too high?
POSCO-Thainox PCL's current E10 is ฿0.43. Overall, POSCO-Thainox 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 POSCO-Thainox PCL's E10 compare to NUE and STLD?
POSCO-Thainox PCL's E10 of ฿0.43 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 POSCO-Thainox PCL and its competitors. POSCO-Thainox PCL's current E10 is ฿0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is POSCO-Thainox PCL stock overvalued right now?
Based on GuruFocus' analysis, POSCO-Thainox PCL (BKK:INOX) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.30, compared to a current price of ฿4.16 — trading 3.3% below its estimated fair value. The current E10 is ฿0.43. POSCO-Thainox PCL's overall GF Score™ is 68/100 with 4 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 POSCO-Thainox PCL (BKK:INOX), the current E10 is ฿0.43 as of Jun. 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 POSCO-Thainox PCL (BKK:INOX) Overvalued in 2026?

Based on GuruFocus' analysis, POSCO-Thainox PCL stock appears to be undervalued. The current stock price of ฿4.16 is trading 3.3% below its estimated GF Value™ of ฿4.30. GuruFocus considers POSCO-Thainox PCL to be Fairly Valued.

Key valuation signals for BKK:INOX:

  • E10: ฿0.43
  • GF Value™: ฿4.30 vs. price of ฿4.16 (3.3% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


POSCO-Thainox PCL Business Description

Address Number 622 Sukhumvit Road, Emporium Tower, Floor 15/6-8, Khlong Tan Subdistrict, Khlong Toei District, Bangkok, THA, 10110
POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel as raw material in the production of household appliances such as kitchenette, sinks, washing machines etc. including other industries. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries.
68GF Score

Get the complete analysis for BKK:INOX

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

฿4.16
Price
฿4.30
GF Value