MBK PCL (BKK:MBK) E10: ฿1.50 (As of Mar. 2026)


BKK:MBK MBK PCL BKK:MBK
77 GF Score
Price ฿19.20
GF Value ฿18.84
Valuation Fairly Valued
! 7 Warning Signs
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What is MBK PCL E10?

MBK PCL BKK:MBK +0.52% 77 E10 is ฿1.50 as of Mar. 2026. GuruFocus rates BKK:MBK with a GF Score™ of 77/100 and a GF Value™ of ฿18.84 (Fairly Valued). The stock has 7 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.

MBK PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿1.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MBK PCL's average E10 Growth Rate was 8.70% per year. During the past 3 years, the average E10 Growth Rate was -0.90% per year. During the past 5 years, the average E10 Growth Rate was -2.90% 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 MBK PCL was 0.80% per year. The lowest was -7.20% per year. And the median was -3.40% per year.

As of today (2026-06-28), MBK PCL's current stock price is ฿19.20. MBK PCL's E10 for the quarter that ended in Mar. 2026 was ฿1.50. MBK PCL's Shiller PE Ratio of today is 12.80.

During the past 13 years, the highest Shiller PE Ratio of MBK PCL was 15.80. The lowest was 6.63. And the median was 12.00.


MBK PCL  (BKK:MBK) 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.

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

Shiller PE Ratio=Share Price/E10
=19.20/1.50
=12.80

* 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 MBK PCL was 15.80. The lowest was 6.63. And the median was 12.00.


Be Aware

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


MBK PCL E10 Related Terms


MBK PCL E10 Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK PCL E10 Chart

MBK 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 1.54 1.50 1.28 1.34 1.46

MBK 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 1.38 1.43 1.45 1.46 1.50

BKK:MBK vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, MBK 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.


MBK PCL Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:MBK
77GF Score
MBK PCL BKK:MBK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBK 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, MBK 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)
=0.73/330.2130*330.2130
=0.730

Current CPI (Mar. 2026) = 330.2130.

MBK PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.440 241.018 0.603
201609 0.280 241.428 0.383
201612 0.414 241.432 0.566
201703 0.350 243.801 0.474
201706 0.400 244.955 0.539
201709 0.240 246.819 0.321
201712 0.396 246.524 0.530
201803 0.370 249.554 0.490
201806 0.800 251.989 1.048
201809 0.700 252.439 0.916
201812 0.296 251.233 0.389
201903 0.360 254.202 0.468
201906 0.420 256.143 0.541
201909 0.430 256.759 0.553
201912 0.904 256.974 1.162
202003 0.140 258.115 0.179
202006 0.028 257.797 0.036
202009 -0.090 260.280 -0.114
202012 0.040 260.474 0.051
202103 -0.110 264.877 -0.137
202106 0.020 271.696 0.024
202109 -0.200 274.310 -0.241
202112 -0.307 278.802 -0.364
202203 0.030 287.504 0.034
202206 0.020 296.311 0.022
202209 0.002 296.808 0.002
202212 0.158 296.797 0.176
202303 0.110 301.836 0.120
202306 0.470 305.109 0.509
202309 0.236 307.789 0.253
202312 0.196 306.746 0.211
202403 0.426 312.332 0.450
202406 0.500 314.175 0.526
202409 0.430 315.301 0.450
202412 0.390 315.605 0.408
202503 0.630 319.799 0.651
202506 0.750 322.561 0.768
202509 0.610 324.800 0.620
202512 0.670 324.054 0.683
202603 0.730 330.213 0.730

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 ฿1.50 mean?
MBK PCL (BKK:MBK) has a E10 of ฿1.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MBK PCL and its competitors.
Is MBK PCL's E10 too high?
MBK PCL's current E10 is ฿1.50. Overall, MBK PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's E10 compare to HON and MMM?
MBK PCL's E10 of ฿1.50 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 MBK PCL and its competitors. MBK PCL's current E10 is ฿1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.84, compared to a current price of ฿19.20 — trading 1.9% above its estimated fair value. The current E10 is ฿1.50. MBK PCL's overall GF Score™ is 77/100 with 7 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 MBK PCL (BKK:MBK), the current E10 is ฿1.50 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 MBK PCL (BKK:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿19.20 is trading 1.9% above its estimated GF Value™ of ฿18.84. GuruFocus considers MBK PCL to be Fairly Valued.

Key valuation signals for BKK:MBK:

  • E10: ฿1.50
  • GF Value™: ฿18.84 vs. price of ฿19.20 (1.9% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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


MBK PCL Business Description

Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK

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

฿19.20
Price
฿18.84
GF Value