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MFC Patong Heritage Property Fund (BKK:M-PAT-F) E10 : ฿0.00 (As of Mar. 2024)


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What is MFC Patong Heritage Property Fund E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

MFC Patong Heritage Property Fund's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was ฿-0.227. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.00 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-21), MFC Patong Heritage Property Fund's current stock price is ฿ 0.00. MFC Patong Heritage Property Fund's E10 for the fiscal year that ended in Dec. 2023 was ฿0.00. MFC Patong Heritage Property Fund's Shiller PE Ratio of today is .


MFC Patong Heritage Property Fund E10 Historical Data

The historical data trend for MFC Patong Heritage Property Fund'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.

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MFC Patong Heritage Property Fund E10 Chart

MFC Patong Heritage Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
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MFC Patong Heritage Property Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of MFC Patong Heritage Property Fund's E10

For the REIT - Diversified subindustry, MFC Patong Heritage Property Fund'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.


MFC Patong Heritage Property Fund's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MFC Patong Heritage Property Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MFC Patong Heritage Property Fund's Shiller PE Ratio falls into.



MFC Patong Heritage Property Fund 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, MFC Patong Heritage Property Fund's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.227/129.4194*129.4194
=-0.227

Current CPI (Dec. 2023) = 129.4194.

MFC Patong Heritage Property Fund Annual Data

per_share_eps CPI Adj_EPS
201412 0.432 99.070 0.564
201512 0.732 99.792 0.949
201612 0.778 101.863 0.988
201712 0.966 104.011 1.202
201812 0.753 105.998 0.919
201912 -1.736 108.420 -2.072
202012 -2.144 109.897 -2.525
202112 -0.811 117.630 -0.892
202212 0.917 125.222 0.948
202312 -0.227 129.419 -0.227

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


MFC Patong Heritage Property Fund  (BKK:M-PAT-F) 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.


Be Aware

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


MFC Patong Heritage Property Fund E10 Related Terms

Thank you for viewing the detailed overview of MFC Patong Heritage Property Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


MFC Patong Heritage Property Fund (BKK:M-PAT-F) Business Description

Traded in Other Exchanges
N/A
Address
199 Column Tower, Ratchadapisek Road, Ground Floor and 21st-23rd Floor, Klongtoey, Bangkok, THA, 10110
MFC Patong Heritage Property Fund is a Thailand-based closed-end property fund. It is engaged in the rental of properties. Its objective is to use the proceeds from the sale of investment units to invest in land and condominium in Patong Heritage Hotel. All the activities function throughout the region of Thailand.

MFC Patong Heritage Property Fund (BKK:M-PAT-F) Headlines

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