Nonthavej Hospital PCL (BKK:NTV) E10: ฿2.37 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:NTV Nonthavej Hospital PCL BKK:NTV
73 GF Score
Price ฿18.90
GF Value ฿28.88
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Nonthavej Hospital PCL E10?

Nonthavej Hospital PCL BKK:NTV -0.53% 73 E10 is ฿2.37 as of Mar. 2026. GuruFocus rates BKK:NTV with a GF Score™ of 73/100 and a GF Value™ of ฿28.88 (Significantly Undervalued). The stock has 1 warning sign 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.

Nonthavej Hospital PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nonthavej Hospital PCL's average E10 Growth Rate was -1.30% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 4.20% 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 Nonthavej Hospital PCL was 5.70% per year. The lowest was 2.50% per year. And the median was 5.25% per year.

As of today (2026-07-26), Nonthavej Hospital PCL's current stock price is ฿18.90. Nonthavej Hospital PCL's E10 for the quarter that ended in Mar. 2026 was ฿2.37. Nonthavej Hospital PCL's Shiller PE Ratio of today is 7.97.

During the past 13 years, the highest Shiller PE Ratio of Nonthavej Hospital PCL was 34.83. The lowest was 7.81. And the median was 18.99.


Nonthavej Hospital PCL  (BKK:NTV) 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.

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

Shiller PE Ratio=Share Price/E10
=18.90/2.37
=7.97

* 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 Nonthavej Hospital PCL was 34.83. The lowest was 7.81. And the median was 18.99.


Be Aware

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


Nonthavej Hospital PCL E10 Related Terms


Nonthavej Hospital PCL E10 Historical Data

* Premium members only.

The historical data trend for Nonthavej Hospital 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.

Nonthavej Hospital PCL E10 Chart

Nonthavej Hospital 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 2.07 2.20 2.31 2.39 2.37

Nonthavej Hospital 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 2.40 2.40 2.40 2.37 2.37

BKK:NTV vs HCA, THC, DVA: E10 Comparison

For the Medical Care Facilities subindustry, Nonthavej Hospital 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.


Nonthavej Hospital PCL Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nonthavej Hospital PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:NTV
73GF Score
Nonthavej Hospital PCL BKK:NTV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nonthavej Hospital 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, Nonthavej Hospital 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)
=0.28/330.2130*330.2130
=0.280

Current CPI (Mar. 2026) = 330.2130.

Nonthavej Hospital PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.370 241.018 0.507
201609 0.540 241.428 0.739
201612 0.559 241.432 0.765
201703 0.490 243.801 0.664
201706 0.430 244.955 0.580
201709 0.650 246.819 0.870
201712 0.640 246.524 0.857
201803 0.670 249.554 0.887
201806 0.550 251.989 0.721
201809 0.770 252.439 1.007
201812 0.430 251.233 0.565
201903 0.670 254.202 0.870
201906 0.490 256.143 0.632
201909 0.840 256.759 1.080
201912 0.630 256.974 0.810
202003 0.490 258.115 0.627
202006 0.070 257.797 0.090
202009 0.410 260.280 0.520
202012 0.470 260.474 0.596
202103 0.280 264.877 0.349
202106 0.160 271.696 0.194
202109 0.110 274.310 0.132
202112 0.450 278.802 0.533
202203 0.310 287.504 0.356
202206 0.320 296.311 0.357
202209 0.580 296.808 0.645
202212 0.670 296.797 0.745
202303 0.520 301.836 0.569
202306 0.570 305.109 0.617
202309 0.700 307.789 0.751
202312 0.620 306.746 0.667
202403 0.540 312.332 0.571
202406 0.470 314.175 0.494
202409 0.790 315.301 0.827
202412 0.450 315.605 0.471
202503 0.480 319.799 0.496
202506 0.350 322.561 0.358
202509 0.470 324.800 0.478
202512 0.430 324.054 0.438
202603 0.280 330.213 0.280

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 ฿2.37 mean?
Nonthavej Hospital PCL (BKK:NTV) has a E10 of ฿2.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nonthavej Hospital PCL and its competitors.
Is Nonthavej Hospital PCL's E10 too high?
Nonthavej Hospital PCL's current E10 is ฿2.37. Overall, Nonthavej Hospital PCL has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nonthavej Hospital PCL's E10 compare to HCA and THC?
Nonthavej Hospital PCL's E10 of ฿2.37 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & 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 Nonthavej Hospital PCL and its competitors. Nonthavej Hospital PCL's current E10 is ฿2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nonthavej Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Nonthavej Hospital PCL (BKK:NTV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿28.88, compared to a current price of ฿18.90 — trading 34.6% below its estimated fair value. The current E10 is ฿2.37. Nonthavej Hospital PCL's overall GF Score™ is 73/100 with 1 warning sign 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 Nonthavej Hospital PCL (BKK:NTV), the current E10 is ฿2.37 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 Nonthavej Hospital PCL (BKK:NTV) Overvalued in 2026?

Based on GuruFocus' analysis, Nonthavej Hospital PCL stock appears to be undervalued. The current stock price of ฿18.90 is trading 34.6% below its estimated GF Value™ of ฿28.88. GuruFocus considers Nonthavej Hospital PCL to be Significantly Undervalued.

Key valuation signals for BKK:NTV:

  • E10: ฿2.37
  • GF Value™: ฿28.88 vs. price of ฿18.90 (34.6% below fair value)
  • GF Score™: 73/100 with 1 warning sign

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


Nonthavej Hospital PCL Business Description

Address 432, Ngamvongwan Road, Bang Khen Subdistrict, Mueang Nonthaburi, Nonthaburi, THA, 11000
Nonthavej Hospital PCL is engaged in the business of medical treatment in Thailand. It provides medical services by specialist physicians in all fields, supported by an experienced medical team. Its facilities include diagnostic and treatment equipment, a wellness center, a mobile digital X-ray unit for on-site and off-site health assessments, and ambulance services for patient transportation. The majority of the company's revenue is derived from hospital operations, which mainly consist of medical fees, hospital room sales, and medicine sales.
73GF Score

Get the complete analysis for BKK:NTV

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

฿18.90
Price
฿28.88
GF Value