Phol Dhanya PCL (BKK:PHOL) E10: ฿0.19 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:PHOL Phol Dhanya PCL BKK:PHOL
73 GF Score
Price ฿3.26
GF Value ฿3.01
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Phol Dhanya PCL E10?

Phol Dhanya PCL BKK:PHOL +0.62% 73 E10 is ฿0.19 as of Jun. 2026. GuruFocus rates BKK:PHOL with a GF Score™ of 73/100 and a GF Value™ of ฿3.01 (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.

Phol Dhanya PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was ฿0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Phol Dhanya PCL's average E10 Growth Rate was 5.60% 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 3.50% 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 Phol Dhanya PCL was 6.70% per year. The lowest was 0.00% per year. And the median was 3.25% per year.

As of today (2026-08-31), Phol Dhanya PCL's current stock price is ฿3.26. Phol Dhanya PCL's E10 for the quarter that ended in Jun. 2026 was ฿0.19. Phol Dhanya PCL's Shiller PE Ratio of today is 17.16.

During the past 13 years, the highest Shiller PE Ratio of Phol Dhanya PCL was 37.67. The lowest was 10.14. And the median was 17.41.


Phol Dhanya PCL  (BKK:PHOL) 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.

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

Shiller PE Ratio=Share Price/E10
=3.26/0.19
=17.16

* 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 Phol Dhanya PCL was 37.67. The lowest was 10.14. And the median was 17.41.


Be Aware

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


Phol Dhanya PCL E10 Related Terms


Phol Dhanya PCL E10 Historical Data

* Premium members only.

The historical data trend for Phol Dhanya 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.

Phol Dhanya PCL E10 Chart

Phol Dhanya 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 0.17 0.17 0.16 0.17 0.18

Phol Dhanya 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 0.18 0.19 0.18 0.19 0.19

BKK:PHOL vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Phol Dhanya 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.


Phol Dhanya PCL Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Phol Dhanya PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:PHOL
73GF Score
Phol Dhanya PCL BKK:PHOL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phol Dhanya 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, Phol Dhanya 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)
=0.09/333.9520*333.9520
=0.090

Current CPI (Jun. 2026) = 333.9520.

Phol Dhanya PCL Quarterly Data

per share eps CPI Adj_EPS
201609 0.053 241.428 0.073
201612 -0.265 241.432 -0.367
201703 -0.050 243.801 -0.068
201706 -0.420 244.955 -0.573
201709 0.060 246.819 0.081
201712 -0.163 246.524 -0.221
201803 0.040 249.554 0.054
201806 0.080 251.989 0.106
201809 0.030 252.439 0.040
201812 0.030 251.233 0.040
201903 0.060 254.202 0.079
201906 0.010 256.143 0.013
201909 0.060 256.759 0.078
201912 0.070 256.974 0.091
202003 0.150 258.115 0.194
202006 0.090 257.797 0.117
202009 0.060 260.280 0.077
202012 0.060 260.474 0.077
202103 0.130 264.877 0.164
202106 0.090 271.696 0.111
202109 0.120 274.310 0.146
202112 0.060 278.802 0.072
202203 0.080 287.504 0.093
202206 0.050 296.311 0.056
202209 0.070 296.808 0.079
202212 0.059 296.797 0.066
202303 0.060 301.836 0.066
202306 0.070 305.109 0.077
202309 0.070 307.789 0.076
202312 0.084 306.746 0.091
202403 0.080 312.332 0.086
202406 0.080 314.175 0.085
202409 0.100 315.301 0.106
202412 0.070 315.605 0.074
202503 0.080 319.799 0.084
202506 0.070 322.561 0.072
202509 0.100 324.800 0.103
202512 0.076 324.054 0.078
202603 0.100 330.213 0.101
202606 0.090 333.952 0.090

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 ฿0.19 mean?
Phol Dhanya PCL (BKK:PHOL) has a E10 of ฿0.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Phol Dhanya PCL and its competitors.
Is Phol Dhanya PCL's E10 too high?
Phol Dhanya PCL's current E10 is ฿0.19. Overall, Phol Dhanya 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 Phol Dhanya PCL's E10 compare to ALLE and MSA?
Phol Dhanya PCL's E10 of ฿0.19 can be compared against companies in the Business 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 Business Services company?
A good E10 depends on the Business 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 Phol Dhanya PCL and its competitors. Phol Dhanya PCL's current E10 is ฿0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phol Dhanya PCL stock overvalued right now?
Based on GuruFocus' analysis, Phol Dhanya PCL (BKK:PHOL) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.01, compared to a current price of ฿3.26 — trading 8.3% above its estimated fair value. The current E10 is ฿0.19. Phol Dhanya 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 Phol Dhanya PCL (BKK:PHOL), the current E10 is ฿0.19 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 Phol Dhanya PCL (BKK:PHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Phol Dhanya PCL stock appears to be overvalued. The current stock price of ฿3.26 is trading 8.3% above its estimated GF Value™ of ฿3.01. GuruFocus considers Phol Dhanya PCL to be Fairly Valued.

Key valuation signals for BKK:PHOL:

  • E10: ฿0.19
  • GF Value™: ฿3.01 vs. price of ฿3.26 (8.3% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Phol Dhanya PCL Business Description

Other Exchanges PHOL-R:Thailand
Address 1/11 Moo 3 Lamlukka Road, Tambol Ladsawai, Amphur Lamlukka, Pathum Thani Province, Pathumthani, THA, 12150
Phol Dhanya PCL is a Thailand-based company engaged in the trading business. It is involved in the distribution of safety, health, and environmental products, and the distribution, production, and servicing of water treatment systems. The operating segments of the group are Trading in Health and Safety Products, Water treatment systems, and Others. It generates the majority of its revenue from the Trading in Health and Safety Products segment. The company offers products like firefighting suits, gas meters, fall protection devices, gloves, dust masks, chemical masks, and other related products. The group operates in Thailand, and internationally of which the majority of the revenue is derived from Thailand.
73GF Score

Get the complete analysis for BKK:PHOL

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

฿3.26
Price
฿3.01
GF Value