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Siam Cement PCL (BKK:SCC-R) E10 : ฿42.30 (As of Dec. 2023)


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What is Siam Cement 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.

Siam Cement PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿-0.945. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿42.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Siam Cement PCL's average E10 Growth Rate was -1.20% per year. During the past 3 years, the average E10 Growth Rate was 4.50% per year. During the past 5 years, the average E10 Growth Rate was 3.70% 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 Siam Cement PCL was 4.60% per year. The lowest was -5.20% per year. And the median was 4.30% per year.

As of today (2024-06-06), Siam Cement PCL's current stock price is ฿325.00. Siam Cement PCL's E10 for the quarter that ended in Dec. 2023 was ฿42.30. Siam Cement PCL's Shiller PE Ratio of today is 7.68.

During the past 13 years, the highest Shiller PE Ratio of Siam Cement PCL was 14.16. The lowest was 5.95. And the median was 10.61.


Siam Cement PCL E10 Historical Data

The historical data trend for Siam Cement 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.

Siam Cement PCL E10 Chart

Siam Cement 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 35.32 35.04 38.56 40.18 42.30

Siam Cement PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.18 42.07 40.38 44.20 42.30

Competitive Comparison of Siam Cement PCL's E10

For the Conglomerates subindustry, Siam Cement 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.


Siam Cement PCL's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Siam Cement PCL's Shiller PE Ratio distribution charts can be found below:

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



Siam Cement 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, Siam Cement PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.945/129.4194*129.4194
=-0.945

Current CPI (Dec. 2023) = 129.4194.

Siam Cement PCL Quarterly Data

per share eps CPI Adj_EPS
201403 6.980 99.695 9.061
201406 7.110 100.560 9.151
201409 6.540 100.428 8.428
201412 7.380 99.070 9.641
201503 9.230 99.621 11.991
201506 11.560 100.684 14.859
201509 7.500 100.392 9.669
201512 9.540 99.792 12.372
201603 11.240 100.470 14.479
201606 13.360 101.688 17.003
201609 11.740 101.861 14.916
201612 10.399 101.863 13.212
201703 14.490 102.862 18.231
201706 11.040 103.349 13.825
201709 9.860 104.136 12.254
201712 10.470 104.011 13.028
201803 10.340 105.290 12.710
201806 10.330 106.317 12.575
201809 7.890 106.507 9.587
201812 8.720 105.998 10.647
201903 9.720 107.251 11.729
201906 5.870 108.070 7.030
201909 5.170 108.329 6.177
201912 5.920 108.420 7.067
202003 5.810 108.902 6.905
202006 7.820 108.767 9.305
202009 8.120 109.815 9.570
202012 6.700 109.897 7.890
202103 12.430 111.754 14.395
202106 14.280 114.631 16.122
202109 5.680 115.734 6.352
202112 6.920 117.630 7.614
202203 7.370 121.301 7.863
202206 8.280 125.017 8.572
202209 2.040 125.227 2.108
202212 0.130 125.222 0.134
202303 13.770 127.348 13.994
202306 6.740 128.729 6.776
202309 2.030 129.860 2.023
202312 -0.945 129.419 -0.945

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


Siam Cement PCL  (BKK:SCC-R) 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.

Siam Cement PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=325.00/42.3
=7.68

* 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 Siam Cement PCL was 14.16. The lowest was 5.95. And the median was 10.61.


Be Aware

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


Siam Cement PCL E10 Related Terms

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


Siam Cement PCL (BKK:SCC-R) Business Description

Address
1 Siam Cement Road, Bangsue, Bangkok, THA, 10800
Siam Cement PCL is a holding company, which through its subsidiaries, manufactures and sells a variety of building materials, chemicals, and packaging products. The company organizes itself into four segments based on product type. The chemicals segment, which generates more revenue than any other segment, sells olefins and polyolefins. The cement-building materials segment sells cement, ready-mix concrete, roof tiles, ceramic tiles, and sanitary products. The packaging segment sells pulp, printing and writing paper, and corrugated paper used for packaging. The other segment sells automotive parts and steel. The majority of revenue comes from Thailand.

Siam Cement PCL (BKK:SCC-R) Headlines

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