Sermsang Power PCL (BKK:SSP) E10: ฿0.64 (As of Mar. 2026)


BKK:SSP Sermsang Power Corporation PCL BKK:SSP
81 GF Score
Price ฿3.88
GF Value ฿5.84
Valuation Possible Value Trap
! 9 Warning Signs
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What is Sermsang Power PCL E10?

Sermsang Power PCL BKK:SSP -1.52% 81 E10 is ฿0.64 as of Mar. 2026. GuruFocus rates BKK:SSP with a GF Score™ of 81/100 and a GF Value™ of ฿5.84 (Possible Value Trap). The stock has 9 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.

Sermsang Power PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.212. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.64 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.

As of today (2026-06-28), Sermsang Power PCL's current stock price is ฿3.88. Sermsang Power PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.64. Sermsang Power PCL's Shiller PE Ratio of today is 6.06.

During the past 12 years, the highest Shiller PE Ratio of Sermsang Power PCL was 6.44. The lowest was 4.92. And the median was 5.51.


Sermsang Power PCL  (BKK:SSP) 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.

Sermsang Power PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.88/0.64
=6.06

* 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 12 years, the highest Shiller P/E Ratio of Sermsang Power PCL was 6.44. The lowest was 4.92. And the median was 5.51.


Be Aware

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


Sermsang Power PCL E10 Related Terms


Sermsang Power PCL E10 Historical Data

* Premium members only.

The historical data trend for Sermsang Power 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.

Sermsang Power PCL E10 Chart

Sermsang Power 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 0.00 0.00 0.00 0.00 0.63

Sermsang Power 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 0.00 0.00 0.63 0.64

Sermsang Power PCL E10 Competitor Comparison

For the Utilities - Renewable subindustry, Sermsang Power 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.


Sermsang Power PCL Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:SSP
81GF Score
Sermsang Power Corporation PCL BKK:SSP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sermsang Power 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, Sermsang Power 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)
=0.212/330.2130*330.2130
=0.212

Current CPI (Mar. 2026) = 330.2130.

Sermsang Power PCL Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 236.525 0.000
201609 0.094 241.428 0.129
201612 0.051 241.432 0.070
201703 0.111 243.801 0.150
201706 0.090 244.955 0.121
201709 0.060 246.819 0.080
201712 0.053 246.524 0.071
201803 0.087 249.554 0.115
201806 0.125 251.989 0.164
201809 0.098 252.439 0.128
201812 0.083 251.233 0.109
201903 0.098 254.202 0.127
201906 0.131 256.143 0.169
201909 0.117 256.759 0.150
201912 0.094 256.974 0.121
202003 0.180 258.115 0.230
202006 0.122 257.797 0.156
202009 0.169 260.280 0.214
202012 0.160 260.474 0.203
202103 0.116 264.877 0.145
202106 0.176 271.696 0.214
202109 0.209 274.310 0.252
202112 0.169 278.802 0.200
202203 0.157 287.504 0.180
202206 0.467 296.311 0.520
202209 0.192 296.808 0.214
202212 0.101 296.797 0.112
202303 0.174 301.836 0.190
202306 0.166 305.109 0.180
202309 0.159 307.789 0.171
202312 0.092 306.746 0.099
202403 0.153 312.332 0.162
202406 0.095 314.175 0.100
202409 0.089 315.301 0.093
202412 0.243 315.605 0.254
202503 0.187 319.799 0.193
202506 -0.011 322.561 -0.011
202509 0.090 324.800 0.091
202512 0.180 324.054 0.183
202603 0.212 330.213 0.212

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 ฿0.64 mean?
Sermsang Power PCL (BKK:SSP) has a E10 of ฿0.64 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sermsang Power PCL and its competitors.
Is Sermsang Power PCL's E10 too high?
Sermsang Power PCL's current E10 is ฿0.64. Overall, Sermsang Power PCL has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's E10 compare to competitors?
Sermsang Power PCL's E10 of ฿0.64 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Sermsang Power PCL and its competitors. Sermsang Power PCL's current E10 is ฿0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.84, compared to a current price of ฿3.88 — trading 33.6% below its estimated fair value. The current E10 is ฿0.64. Sermsang Power PCL's overall GF Score™ is 81/100 with 9 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 Sermsang Power PCL (BKK:SSP), the current E10 is ฿0.64 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.

Is Sermsang Power PCL (BKK:SSP) Overvalued in 2026?

Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be undervalued. The current stock price of ฿3.88 is trading 33.6% below its estimated GF Value™ of ฿5.84. GuruFocus considers Sermsang Power PCL to be Possible Value Trap.

Key valuation signals for BKK:SSP:

  • E10: ฿0.64
  • GF Value™: ฿5.84 vs. price of ฿3.88 (33.6% below fair value)
  • GF Score™: 81/100 with 9 warning signs

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


Sermsang Power PCL Business Description

Address 325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
81GF Score

Get the complete analysis for BKK:SSP

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

฿3.88
Price
฿5.84
GF Value