KGI Securities (Thailand) PCL (BKK:KGI) E10: ฿0.61 (As of Mar. 2026)


BKK:KGI KGI Securities (Thailand) PCL BKK:KGI
71 GF Score
Price ฿4.40
GF Value ฿4.41
Valuation Fairly Valued
! 6 Warning Signs
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What is KGI Securities (Thailand) PCL E10?

KGI Securities (Thailand) PCL BKK:KGI +0.92% 71 E10 is ฿0.61 as of Mar. 2026. GuruFocus rates BKK:KGI with a GF Score™ of 71/100 and a GF Value™ of ฿4.41 (Fairly Valued). The stock has 6 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.

KGI Securities (Thailand) PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KGI Securities (Thailand) PCL's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 2.40% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 KGI Securities (Thailand) PCL was 11.60% per year. The lowest was 2.40% per year. And the median was 6.95% per year.

As of today (2026-06-30), KGI Securities (Thailand) PCL's current stock price is ฿4.40. KGI Securities (Thailand) PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.61. KGI Securities (Thailand) PCL's Shiller PE Ratio of today is 7.21.

During the past 13 years, the highest Shiller PE Ratio of KGI Securities (Thailand) PCL was 18.00. The lowest was 5.97. And the median was 9.18.


KGI Securities (Thailand) PCL  (BKK:KGI) 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.

KGI Securities (Thailand) PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.40/0.61
=7.21

* 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 KGI Securities (Thailand) PCL was 18.00. The lowest was 5.97. And the median was 9.18.


Be Aware

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


KGI Securities (Thailand) PCL E10 Related Terms


KGI Securities (Thailand) PCL E10 Historical Data

* Premium members only.

The historical data trend for KGI Securities (Thailand) 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.

KGI Securities (Thailand) PCL E10 Chart

KGI Securities (Thailand) 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 0.50 0.55 0.57 0.57 0.59

KGI Securities (Thailand) 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 0.58 0.58 0.60 0.59 0.61

BKK:KGI vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, KGI Securities (Thailand) 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.


KGI Securities (Thailand) PCL Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KGI Securities (Thailand) PCL's Shiller PE Ratio falls into.


BKK:KGI
71GF Score
KGI Securities (Thailand) PCL BKK:KGI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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KGI Securities (Thailand) 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, KGI Securities (Thailand) 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)
=0.16/330.2130*330.2130
=0.160

Current CPI (Mar. 2026) = 330.2130.

KGI Securities (Thailand) PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.120 241.018 0.164
201609 0.120 241.428 0.164
201612 0.180 241.432 0.246
201703 0.110 243.801 0.149
201706 0.060 244.955 0.081
201709 0.100 246.819 0.134
201712 0.169 246.524 0.226
201803 0.130 249.554 0.172
201806 0.110 251.989 0.144
201809 0.140 252.439 0.183
201812 0.150 251.233 0.197
201903 0.160 254.202 0.208
201906 0.100 256.143 0.129
201909 0.120 256.759 0.154
201912 0.117 256.974 0.150
202003 -0.250 258.115 -0.320
202006 0.100 257.797 0.128
202009 0.240 260.280 0.304
202012 0.200 260.474 0.254
202103 0.358 264.877 0.446
202106 0.210 271.696 0.255
202109 0.200 274.310 0.241
202112 0.160 278.802 0.190
202203 0.160 287.504 0.184
202206 0.130 296.311 0.145
202209 0.180 296.808 0.200
202212 0.030 296.797 0.033
202303 0.090 301.836 0.098
202306 0.130 305.109 0.141
202309 0.130 307.789 0.139
202312 0.082 306.746 0.088
202403 0.130 312.332 0.137
202406 0.060 314.175 0.063
202409 0.100 315.301 0.105
202412 0.140 315.605 0.146
202503 0.100 319.799 0.103
202506 0.070 322.561 0.072
202509 0.180 324.800 0.183
202512 0.080 324.054 0.082
202603 0.160 330.213 0.160

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 ฿0.61 mean?
KGI Securities (Thailand) PCL (BKK:KGI) has a E10 of ฿0.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KGI Securities (Thailand) PCL and its competitors.
Is KGI Securities (Thailand) PCL's E10 too high?
KGI Securities (Thailand) PCL's current E10 is ฿0.61. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's E10 compare to MS and GS?
KGI Securities (Thailand) PCL's E10 of ฿0.61 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 KGI Securities (Thailand) PCL and its competitors. KGI Securities (Thailand) PCL's current E10 is ฿0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.41, compared to a current price of ฿4.40 — trading 0.2% below its estimated fair value. The current E10 is ฿0.61. KGI Securities (Thailand) PCL's overall GF Score™ is 71/100 with 6 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 KGI Securities (Thailand) PCL (BKK:KGI), the current E10 is ฿0.61 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 KGI Securities (Thailand) PCL (BKK:KGI) Overvalued in 2026?

Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be undervalued. The current stock price of ฿4.40 is trading 0.2% below its estimated GF Value™ of ฿4.41. GuruFocus considers KGI Securities (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:KGI:

  • E10: ฿0.61
  • GF Value™: ฿4.41 vs. price of ฿4.40 (0.2% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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


KGI Securities (Thailand) PCL Business Description

Address Wireless Road, No. 195, One Bangkok Tower 4, 18th-19th Floor, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
71GF Score

Get the complete analysis for BKK:KGI

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

฿4.40
Price
฿4.41
GF Value