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Krung Thai Bank PCL (BKK:KTB) E10 : ฿2.46 (As of Dec. 2024)


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What is Krung Thai Bank 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.

Krung Thai Bank PCL's adjusted earnings per share data for the three months ended in Dec. 2024 was ฿0.749. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Krung Thai Bank PCL's average E10 Growth Rate was 2.90% per year. During the past 3 years, the average E10 Growth Rate was 3.20% per year. During the past 5 years, the average E10 Growth Rate was 3.40% 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 Krung Thai Bank PCL was 7.00% per year. The lowest was 3.20% per year. And the median was 4.00% per year.

As of today (2025-03-24), Krung Thai Bank PCL's current stock price is ฿24.00. Krung Thai Bank PCL's E10 for the quarter that ended in Dec. 2024 was ฿2.46. Krung Thai Bank PCL's Shiller PE Ratio of today is 9.76.

During the past 13 years, the highest Shiller PE Ratio of Krung Thai Bank PCL was 11.79. The lowest was 4.01. And the median was 7.46.


Krung Thai Bank PCL E10 Historical Data

The historical data trend for Krung Thai Bank 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.

Krung Thai Bank PCL E10 Chart

Krung Thai Bank PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.24 2.38 2.39 2.46

Krung Thai Bank PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.39 2.44 2.46 2.46 2.46

Competitive Comparison of Krung Thai Bank PCL's E10

For the Banks - Regional subindustry, Krung Thai Bank 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.


Krung Thai Bank PCL's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Krung Thai Bank PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Krung Thai Bank PCL's Shiller PE Ratio falls into.



Krung Thai Bank 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, Krung Thai Bank PCL's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.749/133.1571*133.1571
=0.749

Current CPI (Dec. 2024) = 133.1571.

Krung Thai Bank PCL Quarterly Data

per share eps CPI Adj_EPS
201503 0.570 99.621 0.762
201506 0.600 100.684 0.794
201509 0.380 100.392 0.504
201512 0.490 99.792 0.654
201603 0.540 100.470 0.716
201606 0.620 101.688 0.812
201609 0.620 101.861 0.810
201612 0.530 101.863 0.693
201703 0.610 102.862 0.790
201706 0.230 103.349 0.296
201709 0.420 104.136 0.537
201712 0.344 104.011 0.440
201803 0.490 105.290 0.620
201806 0.550 106.317 0.689
201809 0.560 106.507 0.700
201812 0.440 105.998 0.553
201903 0.520 107.251 0.646
201906 0.580 108.070 0.715
201909 0.450 108.329 0.553
201912 0.530 108.420 0.651
202003 0.460 108.902 0.562
202006 0.270 108.767 0.331
202009 0.220 109.815 0.267
202012 0.247 109.897 0.299
202103 0.400 111.754 0.477
202106 0.430 114.631 0.499
202109 0.360 115.734 0.414
202112 0.350 117.630 0.396
202203 0.630 121.301 0.692
202206 0.600 125.017 0.639
202209 0.600 125.227 0.638
202212 0.580 125.222 0.617
202303 0.720 127.348 0.753
202306 0.730 128.729 0.755
202309 0.740 129.860 0.759
202312 0.437 129.419 0.450
202403 0.790 131.776 0.798
202406 0.800 132.554 0.804
202409 0.790 133.029 0.791
202412 0.749 133.157 0.749

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


Krung Thai Bank PCL  (BKK:KTB) 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.

Krung Thai Bank PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.00/2.46
=9.76

* 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 Krung Thai Bank PCL was 11.79. The lowest was 4.01. And the median was 7.46.


Be Aware

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


Krung Thai Bank PCL E10 Related Terms

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


Krung Thai Bank PCL Business Description

Address
35 Sukhumvit Road, Building 1, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company operates in the following reportable segments; Retail banking, Corporate banking, Treasury and investments, and Support and others. Maximum revenue is generated from its Retail banking segment which develops financial products and services and also provides services for individual customers relating to deposits, loans, payment for goods and services, and others. The Corporate banking segment provides credit facilities and financial services to corporate clients, and the Treasury and investments segment controls the bank's financial structure and manages its equity investments, international business, and excess liquidity.