President Bakery PCL (BKK:PB) E10: ฿4.14 (As of Jun. 2026)

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BKK:PB President Bakery PCL BKK:PB
73 GF Score
Price ฿48.00
GF Value ฿52.67
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is President Bakery PCL E10?

President Bakery PCL BKK:PB 73 E10 is ฿4.14 as of Jun. 2026. GuruFocus rates BKK:PB with a GF Score™ of 73/100 and a GF Value™ of ฿52.67 (Fairly Valued). 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.

President Bakery PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿4.14 for the trailing ten years ended in Jun. 2026.

During the past 12 months, President Bakery PCL's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 President Bakery PCL was 11.10% per year. The lowest was 3.30% per year. And the median was 9.30% per year.

As of today (2026-08-18), President Bakery PCL's current stock price is ฿48.00. President Bakery PCL's E10 for the quarter that ended in Jun. 2026 was ฿4.14. President Bakery PCL's Shiller PE Ratio of today is 11.59.

During the past 13 years, the highest Shiller PE Ratio of President Bakery PCL was 27.81. The lowest was 10.81. And the median was 19.91.


President Bakery PCL  (BKK:PB) 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.

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

Shiller PE Ratio=Share Price/E10
=48.00/4.14
=11.59

* 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 President Bakery PCL was 27.81. The lowest was 10.81. And the median was 19.91.


Be Aware

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


President Bakery PCL E10 Related Terms


President Bakery PCL E10 Historical Data

* Premium members only.

The historical data trend for President Bakery 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.

President Bakery PCL E10 Chart

President Bakery 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 3.35 3.71 3.94 4.10 4.09

President Bakery PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.16 4.14 4.09 4.13 4.14

BKK:PB vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, President Bakery 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.


President Bakery PCL Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, President Bakery PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:PB
73GF Score
President Bakery PCL BKK:PB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

President Bakery 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, President Bakery PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.57/333.9520*333.9520
=0.570

Current CPI (Jun. 2026) = 333.9520.

President Bakery PCL Quarterly Data

per share eps CPI Adj_EPS
201609 0.940 241.428 1.300
201612 0.846 241.432 1.170
201703 0.710 243.801 0.973
201706 0.700 244.955 0.954
201709 0.750 246.819 1.015
201712 0.805 246.524 1.090
201803 0.710 249.554 0.950
201806 0.750 251.989 0.994
201809 0.830 252.439 1.098
201812 0.890 251.233 1.183
201903 0.750 254.202 0.985
201906 0.850 256.143 1.108
201909 1.140 256.759 1.483
201912 1.037 256.974 1.348
202003 0.920 258.115 1.190
202006 0.980 257.797 1.269
202009 0.960 260.280 1.232
202012 0.879 260.474 1.127
202103 0.750 264.877 0.946
202106 0.900 271.696 1.106
202109 1.180 274.310 1.437
202112 0.910 278.802 1.090
202203 0.840 287.504 0.976
202206 0.860 296.311 0.969
202209 1.070 296.808 1.204
202212 1.020 296.797 1.148
202303 0.860 301.836 0.952
202306 0.850 305.109 0.930
202309 1.000 307.789 1.085
202312 1.080 306.746 1.176
202403 0.920 312.332 0.984
202406 0.830 314.175 0.882
202409 0.920 315.301 0.974
202412 0.850 315.605 0.899
202503 0.760 319.799 0.794
202506 0.640 322.561 0.663
202509 0.690 324.800 0.709
202512 0.710 324.054 0.732
202603 0.660 330.213 0.667
202606 0.570 333.952 0.570

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 ฿4.14 mean?
President Bakery PCL (BKK:PB) has a E10 of ฿4.14 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on President Bakery PCL and its competitors.
Is President Bakery PCL's E10 too high?
President Bakery PCL's current E10 is ฿4.14. Overall, President Bakery PCL has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does President Bakery PCL's E10 compare to KHC and GIS?
President Bakery PCL's E10 of ฿4.14 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 President Bakery PCL and its competitors. President Bakery PCL's current E10 is ฿4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Bakery PCL stock overvalued right now?
Based on GuruFocus' analysis, President Bakery PCL (BKK:PB) is currently considered Fairly Valued. The stock's GF Value™ is ฿52.67, compared to a current price of ฿48.00 — trading 8.9% below its estimated fair value. The current E10 is ฿4.14. President Bakery PCL's overall GF Score™ is 73/100 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 President Bakery PCL (BKK:PB), the current E10 is ฿4.14 as of Jun. 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 President Bakery PCL (BKK:PB) Overvalued in 2026?

Based on GuruFocus' analysis, President Bakery PCL stock appears to be undervalued. The current stock price of ฿48.00 is trading 8.9% below its estimated GF Value™ of ฿52.67. GuruFocus considers President Bakery PCL to be Fairly Valued.

Key valuation signals for BKK:PB:

  • E10: ฿4.14
  • GF Value™: ฿52.67 vs. price of ฿48.00 (8.9% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


President Bakery PCL Business Description

Address Ratchadapisek Road, Number 121/84 - 85, RS Tower Building, 29th Floor, Dindaeng, Bangkok, THA, 10400
President Bakery PCL is engaged in the manufacture and sales of bakery products. Its products include Cookies, Pies, Breads, Dorayaki, Buns, Toasts, Cakes etc. The company markets its products under the brand name of Farmhouse. The reportable operating segment of the company is manufacture and sales of bakery products and the single geographical area of its operations is Thailand.
73GF Score

Get the complete analysis for BKK:PB

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

฿48.00
Price
฿52.67
GF Value