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PM Thoresen Asia Holdings PCL (BKK:PMTA) E10 : ฿1.55 (As of Sep. 2024)


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What is PM Thoresen Asia Holdings PCL E10?

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.

PM Thoresen Asia Holdings PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was ฿0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿1.55 for the trailing ten years ended in Sep. 2024.

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.

As of today (2024-12-13), PM Thoresen Asia Holdings PCL's current stock price is ฿9.00. PM Thoresen Asia Holdings PCL's E10 for the quarter that ended in Sep. 2024 was ฿1.55. PM Thoresen Asia Holdings PCL's Shiller PE Ratio of today is 5.81.

During the past 10 years, the highest Shiller PE Ratio of PM Thoresen Asia Holdings PCL was 5.81. The lowest was 5.09. And the median was 5.48.


PM Thoresen Asia Holdings PCL E10 Historical Data

The historical data trend for PM Thoresen Asia Holdings 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.

* Premium members only.

PM Thoresen Asia Holdings PCL E10 Chart

PM Thoresen Asia Holdings PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

PM Thoresen Asia Holdings PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 1.63 1.60 1.55

Competitive Comparison of PM Thoresen Asia Holdings PCL's E10

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Shiller PE Ratio falls into.



PM Thoresen Asia Holdings 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, PM Thoresen Asia Holdings PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.44/133.0289*133.0289
=0.440

Current CPI (Sep. 2024) = 133.0289.

PM Thoresen Asia Holdings PCL Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 99.070 0.000
201503 0.374 99.621 0.499
201506 0.710 100.684 0.938
201509 0.480 100.392 0.636
201512 0.747 99.792 0.996
201603 0.260 100.470 0.344
201606 0.620 101.688 0.811
201609 0.760 101.861 0.993
201612 1.096 101.863 1.431
201703 0.020 102.862 0.026
201706 0.730 103.349 0.940
201709 0.560 104.136 0.715
201712 0.570 104.011 0.729
201803 0.060 105.290 0.076
201806 0.260 106.317 0.325
201809 0.010 106.507 0.012
201812 0.050 105.998 0.063
201903 -0.240 107.251 -0.298
201906 0.050 108.070 0.062
201909 0.080 108.329 0.098
201912 0.537 108.420 0.659
202003 0.220 108.902 0.269
202006 0.090 108.767 0.110
202009 0.240 109.815 0.291
202012 0.383 109.897 0.464
202103 0.150 111.754 0.179
202106 0.310 114.631 0.360
202109 0.250 115.734 0.287
202112 0.616 117.630 0.697
202203 0.020 121.301 0.022
202206 0.160 125.017 0.170
202209 0.400 125.227 0.425
202212 0.190 125.222 0.202
202303 -0.380 127.348 -0.397
202306 0.030 128.729 0.031
202309 0.340 129.860 0.348
202312 0.588 129.419 0.604
202403 0.050 131.776 0.050
202406 0.500 132.554 0.502
202409 0.440 133.029 0.440

Add all the adjusted EPS together and divide 10 will get our e10.


PM Thoresen Asia Holdings PCL  (BKK:PMTA) 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.

PM Thoresen Asia Holdings PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.00/1.55
=5.81

* 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 10 years, the highest Shiller P/E Ratio of PM Thoresen Asia Holdings PCL was 5.81. The lowest was 5.09. And the median was 5.48.


Be Aware

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


PM Thoresen Asia Holdings PCL E10 Related Terms

Thank you for viewing the detailed overview of PM Thoresen Asia Holdings PCL's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


PM Thoresen Asia Holdings PCL Business Description

Traded in Other Exchanges
N/A
Address
Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.

PM Thoresen Asia Holdings PCL Headlines

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