Property Perfect PCL (BKK:PF) E10: ฿-0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is Property Perfect PCL E10?

Property Perfect PCL BKK:PF E10 is ฿-0.04 as of Mar. 2026. The stock has 3 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.

Property Perfect PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿-0.04 for the trailing ten years ended in Mar. 2026.

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 Property Perfect PCL was -9.10% per year. The lowest was -30.70% per year. And the median was -16.60% per year.

As of today (2026-07-27), Property Perfect PCL's current stock price is ฿0.05. Property Perfect PCL's E10 for the quarter that ended in Mar. 2026 was ฿-0.04. Property Perfect PCL's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Property Perfect PCL was 21.00. The lowest was 5.05. And the median was 12.41.


Property Perfect PCL  (BKK:PF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Property Perfect PCL was 21.00. The lowest was 5.05. And the median was 12.41.


Be Aware

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


Property Perfect PCL E10 Related Terms


Property Perfect PCL E10 Historical Data

* Premium members only.

The historical data trend for Property Perfect 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.

Property Perfect PCL E10 Chart

Property Perfect 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 0.03 0.03 0.03 0.01 -0.03

Property Perfect 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 0.00 -0.01 -0.01 -0.03 -0.04

Property Perfect PCL E10 Competitor Comparison

For the Real Estate - Development subindustry, Property Perfect 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.


Property Perfect PCL Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Property Perfect PCL's Shiller PE Ratio distribution charts can be found below:

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



Property Perfect 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, Property Perfect 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)
=-0.05/330.2130*330.2130
=-0.050

Current CPI (Mar. 2026) = 330.2130.

Property Perfect PCL Quarterly Data

per share eps CPI Adj_EPS
201606 -0.002 241.018 -0.003
201609 0.008 241.428 0.011
201612 -0.047 241.432 -0.064
201703 0.005 243.801 0.007
201706 -0.004 244.955 -0.005
201709 0.014 246.819 0.019
201712 0.018 246.524 0.024
201803 0.019 249.554 0.025
201806 0.014 251.989 0.018
201809 0.016 252.439 0.021
201812 0.000 251.233 0.000
201903 0.054 254.202 0.070
201906 0.033 256.143 0.043
201909 0.020 256.759 0.026
201912 -0.013 256.974 -0.017
202003 0.006 258.115 0.008
202006 -0.025 257.797 -0.032
202009 -0.029 260.280 -0.037
202012 -0.065 260.474 -0.082
202103 -0.016 264.877 -0.020
202106 -0.021 271.696 -0.026
202109 0.042 274.310 0.051
202112 0.040 278.802 0.047
202203 -0.054 287.504 -0.062
202206 -0.006 296.311 -0.007
202209 -0.007 296.808 -0.008
202212 0.064 296.797 0.071
202303 -0.006 301.836 -0.007
202306 -0.011 305.109 -0.012
202309 -0.015 307.789 -0.016
202312 0.013 306.746 0.014
202403 -0.007 312.332 -0.007
202406 -0.018 314.175 -0.019
202409 -0.040 315.301 -0.042
202412 -0.040 315.605 -0.042
202503 -0.030 319.799 -0.031
202506 -0.065 322.561 -0.067
202509 -0.050 324.800 -0.051
202512 -0.133 324.054 -0.136
202603 -0.050 330.213 -0.050

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 ฿-0.04 mean?
Property Perfect PCL (BKK:PF) has a E10 of ฿-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Property Perfect PCL and its competitors.
Is Property Perfect PCL's E10 too high?
Property Perfect PCL's current E10 is ฿-0.04.
How does Property Perfect PCL's E10 compare to competitors?
Property Perfect PCL's E10 of ฿-0.04 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Property Perfect PCL and its competitors. Property Perfect PCL's current E10 is ฿-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property Perfect PCL stock overvalued right now?
Based on GuruFocus' analysis, Property Perfect PCL (BKK:PF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.05 — trading 16.7% below its estimated fair value. The current E10 is ฿-0.04. 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 Property Perfect PCL (BKK:PF), the current E10 is ฿-0.04 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.

Property Perfect PCL Business Description

Address Rama 9 Road, 17th Floor, No. 100/1 Vorasombat Building, Huai Khwang District, Bangkok, THA, 10320
Property Perfect PCL operates in the real estate sector, focusing on developing properties. Its property development portfolio predominantly comprises single detached houses, duplex house, townhouses and condominiums. Additionally, the Group is focused on the development of commercial properties for renting; and hotels with four-five stars, in key locations across Thailand, which are managed by professional and international hotel chains. Its reportable segments are: Property development costs for sale, which generates the maximum revenue, Hotel, and Other. Geographically, the Group operates mainly in Thailand.