Krungthai Card PCL (BKK:KTC) E10: ฿2.66 (As of Mar. 2026)


BKK:KTC Krungthai Card PCL BKK:KTC
68 GF Score
Price ฿32.75
GF Value ฿50.07
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Krungthai Card PCL E10?

Krungthai Card PCL BKK:KTC +0.77% 68 E10 is ฿2.66 as of Mar. 2026. GuruFocus rates BKK:KTC with a GF Score™ of 68/100 and a GF Value™ of ฿50.07 (Significantly Undervalued). The stock has 5 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.

Krungthai Card PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Krungthai Card PCL's average E10 Growth Rate was 11.80% per year. During the past 3 years, the average E10 Growth Rate was 13.10% per year. During the past 5 years, the average E10 Growth Rate was 19.30% 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 Krungthai Card PCL was 35.90% per year. The lowest was 13.10% per year. And the median was 27.50% per year.

As of today (2026-06-29), Krungthai Card PCL's current stock price is ฿32.75. Krungthai Card PCL's E10 for the quarter that ended in Mar. 2026 was ฿2.66. Krungthai Card PCL's Shiller PE Ratio of today is 12.31.

During the past 13 years, the highest Shiller PE Ratio of Krungthai Card PCL was 82.44. The lowest was 10.16. And the median was 36.06.


Krungthai Card PCL  (BKK:KTC) 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.

Krungthai Card PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.75/2.66
=12.31

* 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 Krungthai Card PCL was 82.44. The lowest was 10.16. And the median was 36.06.


Be Aware

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


Krungthai Card PCL E10 Related Terms


Krungthai Card PCL E10 Historical Data

* Premium members only.

The historical data trend for Krungthai Card 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.

Krungthai Card PCL E10 Chart

Krungthai Card 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 1.41 1.77 2.05 2.30 2.56

Krungthai Card 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 2.38 2.45 2.51 2.56 2.66

BKK:KTC vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Krungthai Card 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.


Krungthai Card PCL Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Krungthai Card PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:KTC
68GF Score
Krungthai Card PCL BKK:KTC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krungthai Card 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, Krungthai Card 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)
=0.84/330.2130*330.2130
=0.840

Current CPI (Mar. 2026) = 330.2130.

Krungthai Card PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.225 241.018 0.308
201609 0.248 241.428 0.339
201612 0.248 241.432 0.339
201703 0.284 243.801 0.385
201706 0.305 244.955 0.411
201709 0.330 246.819 0.441
201712 0.360 246.524 0.482
201803 0.470 249.554 0.622
201806 0.510 251.989 0.668
201809 0.540 252.439 0.706
201812 0.470 251.233 0.618
201903 0.620 254.202 0.805
201906 0.510 256.143 0.657
201909 0.500 256.759 0.643
201912 0.510 256.974 0.655
202003 0.640 258.115 0.819
202006 0.450 257.797 0.576
202009 0.470 260.280 0.596
202012 0.510 260.474 0.647
202103 0.630 264.877 0.785
202106 0.650 271.696 0.790
202109 0.510 274.310 0.614
202112 0.480 278.802 0.569
202203 0.680 287.504 0.781
202206 0.730 296.311 0.814
202209 0.690 296.808 0.768
202212 0.646 296.797 0.719
202303 0.730 301.836 0.799
202306 0.700 305.109 0.758
202309 0.720 307.789 0.772
202312 0.680 306.746 0.732
202403 0.700 312.332 0.740
202406 0.710 314.175 0.746
202409 0.740 315.301 0.775
202412 0.730 315.605 0.764
202503 0.720 319.799 0.743
202506 0.730 322.561 0.747
202509 0.760 324.800 0.773
202512 0.805 324.054 0.820
202603 0.840 330.213 0.840

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 ฿2.66 mean?
Krungthai Card PCL (BKK:KTC) has a E10 of ฿2.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Krungthai Card PCL and its competitors.
Is Krungthai Card PCL's E10 too high?
Krungthai Card PCL's current E10 is ฿2.66. Overall, Krungthai Card PCL has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Krungthai Card PCL's E10 compare to V and MA?
Krungthai Card PCL's E10 of ฿2.66 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Krungthai Card PCL and its competitors. Krungthai Card PCL's current E10 is ฿2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krungthai Card PCL stock overvalued right now?
Based on GuruFocus' analysis, Krungthai Card PCL (BKK:KTC) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿50.07, compared to a current price of ฿32.75 — trading 34.6% below its estimated fair value. The current E10 is ฿2.66. Krungthai Card PCL's overall GF Score™ is 68/100 with 5 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 Krungthai Card PCL (BKK:KTC), the current E10 is ฿2.66 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 Krungthai Card PCL (BKK:KTC) Overvalued in 2026?

Based on GuruFocus' analysis, Krungthai Card PCL stock appears to be undervalued. The current stock price of ฿32.75 is trading 34.6% below its estimated GF Value™ of ฿50.07. GuruFocus considers Krungthai Card PCL to be Significantly Undervalued.

Key valuation signals for BKK:KTC:

  • E10: ฿2.66
  • GF Value™: ฿50.07 vs. price of ฿32.75 (34.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Krungthai Card PCL Business Description

Address 591 Sukhumvit Road, 14th Floor United Business Center II Building, Klongton Nua, Wattana, Bangkok, THA, 10110
Krungthai Card PCL engaged in credit cards, personal loans and other related businesses. The Company provides services such as Credit Cards, Personal Loans, KTC Brother Boom Money, MAAI by KTC, Shop business and many. The company operations relate to a single business segment which is the financial services business and are carried out in a single geographic area which is Thailand.
68GF Score

Get the complete analysis for BKK:KTC

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

฿32.75
Price
฿50.07
GF Value