Metro Systems PCL (BKK:MSC-R) E10: ฿0.86 (As of Mar. 2026)


BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
66 GF Score
Price ฿7.70
GF Value ฿9.39
! 7 Warning Signs
View Full Analysis

What is Metro Systems PCL E10?

Metro Systems PCL BKK:MSC-R 66 E10 is ฿0.86 as of Mar. 2026. GuruFocus rates BKK:MSC-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.39. 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.

Metro Systems PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.229. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Metro Systems PCL's average E10 Growth Rate was -2.60% per year. During the past 3 years, the average E10 Growth Rate was 1.90% per year. During the past 5 years, the average E10 Growth Rate was 4.30% 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 Metro Systems PCL was 8.80% per year. The lowest was 1.90% per year. And the median was 6.40% per year.

As of today (2026-06-24), Metro Systems PCL's current stock price is ฿7.70. Metro Systems PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.86. Metro Systems PCL's Shiller PE Ratio of today is 8.95.

During the past 13 years, the highest Shiller PE Ratio of Metro Systems PCL was 18.81. The lowest was 6.69. And the median was 11.19.


Metro Systems PCL  (BKK:MSC-R) 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.

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

Shiller PE Ratio=Share Price/E10
=7.70/0.86
=8.95

* 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 Metro Systems PCL was 18.81. The lowest was 6.69. And the median was 11.19.


Be Aware

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


Metro Systems PCL E10 Related Terms


Metro Systems PCL E10 Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL E10 Chart

Metro Systems 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 0.63 0.70 0.70 0.81 0.72

Metro Systems 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 0.74 0.75 0.72 0.72 0.86

BKK:MSC-R vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:MSC-R
66GF Score
Metro Systems Corp PCL BKK:MSC-R
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro Systems 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, Metro Systems 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)
=0.229/330.2130*330.2130
=0.229

Current CPI (Mar. 2026) = 330.2130.

Metro Systems PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.110 241.018 0.151
201609 0.130 241.428 0.178
201612 0.080 241.432 0.109
201703 0.210 243.801 0.284
201706 0.110 244.955 0.148
201709 0.190 246.819 0.254
201712 0.140 246.524 0.188
201803 0.180 249.554 0.238
201806 0.220 251.989 0.288
201809 0.250 252.439 0.327
201812 0.140 251.233 0.184
201903 0.230 254.202 0.299
201906 0.050 256.143 0.064
201909 0.120 256.759 0.154
201912 0.200 256.974 0.257
202003 0.170 258.115 0.217
202006 0.040 257.797 0.051
202009 0.170 260.280 0.216
202012 0.060 260.474 0.076
202103 0.170 264.877 0.212
202106 0.060 271.696 0.073
202109 0.150 274.310 0.181
202112 0.158 278.802 0.187
202203 0.180 287.504 0.207
202206 0.200 296.311 0.223
202209 0.250 296.808 0.278
202212 0.048 296.797 0.053
202303 0.390 301.836 0.427
202306 0.220 305.109 0.238
202309 0.050 307.789 0.054
202312 0.120 306.746 0.129
202403 0.280 312.332 0.296
202406 0.120 314.175 0.126
202409 0.070 315.301 0.073
202412 0.230 315.605 0.241
202503 0.320 319.799 0.330
202506 0.050 322.561 0.051
202509 0.050 324.800 0.051
202512 0.040 324.054 0.041
202603 0.229 330.213 0.229

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 ฿0.86 mean?
Metro Systems PCL (BKK:MSC-R) has a E10 of ฿0.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Metro Systems PCL and its competitors.
Is Metro Systems PCL's E10 too high?
Metro Systems PCL's current E10 is ฿0.86. Overall, Metro Systems PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's E10 compare to SNX and ARW?
Metro Systems PCL's E10 of ฿0.86 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Metro Systems PCL and its competitors. Metro Systems PCL's current E10 is ฿0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current E10 of ฿0.86. The stock's GF Value™ is ฿9.39, compared to a current price of ฿7.70 — trading 18% below its estimated fair value. The current E10 is ฿0.86. Metro Systems PCL's overall GF Score™ is 66/100 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 Metro Systems PCL (BKK:MSC-R), the current E10 is ฿0.86 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18% below its estimated GF Value™ of ฿9.39.

Key valuation signals for BKK:MSC-R:

  • E10: ฿0.86
  • GF Value™: ฿9.39 vs. price of ฿7.70 (18% below fair value)
  • GF Score™: 66/100 with 7 warning signs

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
66GF Score

Get the complete analysis for BKK:MSC-R

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

฿7.70
Price
฿9.39
GF Value