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KCE Electronics PCL (BKK:KCE) E10 : ฿2.08 (As of Mar. 2024)


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What is KCE Electronics 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.

KCE Electronics PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KCE Electronics PCL's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 9.70% 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 KCE Electronics PCL was 11.50% per year. The lowest was 8.90% per year. And the median was 10.45% per year.

As of today (2024-05-16), KCE Electronics PCL's current stock price is ฿40.50. KCE Electronics PCL's E10 for the quarter that ended in Mar. 2024 was ฿2.08. KCE Electronics PCL's Shiller PE Ratio of today is 19.47.

During the past 13 years, the highest Shiller PE Ratio of KCE Electronics PCL was 54.71. The lowest was 8.99. And the median was 25.25.


KCE Electronics PCL E10 Historical Data

The historical data trend for KCE Electronics 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.

KCE Electronics PCL E10 Chart

KCE Electronics 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 1.46 1.50 1.80 2.02 2.08

KCE Electronics PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.05 2.07 2.10 2.08 2.08

Competitive Comparison of KCE Electronics PCL's E10

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KCE Electronics PCL's Shiller PE Ratio falls into.



KCE Electronics 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, KCE Electronics PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.44/131.7762*131.7762
=0.440

Current CPI (Mar. 2024) = 131.7762.

KCE Electronics PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.415 100.560 0.544
201409 0.530 100.428 0.695
201412 0.495 99.070 0.658
201503 0.440 99.621 0.582
201506 0.420 100.684 0.550
201509 0.490 100.392 0.643
201512 0.565 99.792 0.746
201603 0.640 100.470 0.839
201606 0.690 101.688 0.894
201609 0.670 101.861 0.867
201612 0.585 101.863 0.757
201703 0.565 102.862 0.724
201706 0.570 103.349 0.727
201709 0.520 104.136 0.658
201712 0.510 104.011 0.646
201803 0.460 105.290 0.576
201806 0.480 106.317 0.595
201809 0.480 106.507 0.594
201812 0.303 105.998 0.377
201903 0.230 107.251 0.283
201906 0.140 108.070 0.171
201909 0.220 108.329 0.268
201912 0.220 108.420 0.267
202003 0.360 108.902 0.436
202006 0.060 108.767 0.073
202009 0.210 109.815 0.252
202012 0.320 109.897 0.384
202103 0.430 111.754 0.507
202106 0.520 114.631 0.598
202109 0.510 115.734 0.581
202112 0.590 117.630 0.661
202203 0.500 121.301 0.543
202206 0.480 125.017 0.506
202209 0.550 125.227 0.579
202212 0.420 125.222 0.442
202303 0.290 127.348 0.300
202306 0.320 128.729 0.328
202309 0.440 129.860 0.446
202312 0.400 129.419 0.407
202403 0.440 131.776 0.440

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


KCE Electronics PCL  (BKK:KCE) 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.

KCE Electronics PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=40.50/2.08
=19.47

* 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 KCE Electronics PCL was 54.71. The lowest was 8.99. And the median was 25.25.


Be Aware

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


KCE Electronics PCL E10 Related Terms

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


KCE Electronics PCL (BKK:KCE) Business Description

Traded in Other Exchanges
Address
No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns most of its revenue internationally. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of the company's revenue is earned in Europe.

KCE Electronics PCL (BKK:KCE) Headlines