Thai Agro Energy PCL (BKK:TAE) E10: ฿0.13 (As of Mar. 2026)

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BKK:TAE Thai Agro Energy PCL BKK:TAE
43 GF Score
Price ฿1.66
GF Value ฿0.72
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Thai Agro Energy PCL E10?

Thai Agro Energy PCL BKK:TAE -1.19% 43 E10 is ฿0.13 as of Mar. 2026. GuruFocus rates BKK:TAE with a GF Score™ of 43/100 and a GF Value™ of ฿0.72 (Significantly Overvalued). The stock has 6 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.

Thai Agro Energy PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.126. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Agro Energy PCL's average E10 Growth Rate was -7.10% per year. During the past 3 years, the average E10 Growth Rate was -11.90% 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 Thai Agro Energy PCL was -11.90% per year. The lowest was -11.90% per year. And the median was -11.90% per year.

As of today (2026-08-03), Thai Agro Energy PCL's current stock price is ฿1.66. Thai Agro Energy PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.13. Thai Agro Energy PCL's Shiller PE Ratio of today is 12.77.

During the past 13 years, the highest Shiller PE Ratio of Thai Agro Energy PCL was 13.31. The lowest was 3.44. And the median was 5.49.


Thai Agro Energy PCL  (BKK:TAE) 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.

Thai Agro Energy PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.66/0.13
=12.77

* 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 Thai Agro Energy PCL was 13.31. The lowest was 3.44. And the median was 5.49.


Be Aware

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


Thai Agro Energy PCL E10 Related Terms


Thai Agro Energy PCL E10 Historical Data

* Premium members only.

The historical data trend for Thai Agro Energy 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.

Thai Agro Energy PCL E10 Chart

Thai Agro Energy 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 0.19 0.18 0.16 0.13

Thai Agro Energy 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 0.14 0.14 0.13 0.13 0.13

BKK:TAE vs DOW: E10 Comparison

For the Chemicals subindustry, Thai Agro Energy 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.


Thai Agro Energy PCL Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Agro Energy PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Agro Energy PCL's Shiller PE Ratio falls into.


BKK:TAE
43GF Score
Thai Agro Energy PCL BKK:TAE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Agro Energy 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, Thai Agro Energy 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)
=0.126/330.2130*330.2130
=0.126

Current CPI (Mar. 2026) = 330.2130.

Thai Agro Energy PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.040 241.018 0.055
201609 0.040 241.428 0.055
201612 0.010 241.432 0.014
201703 0.070 243.801 0.095
201706 0.040 244.955 0.054
201709 0.060 246.819 0.080
201712 -0.121 246.524 -0.162
201803 0.060 249.554 0.079
201806 0.060 251.989 0.079
201809 0.070 252.439 0.092
201812 0.090 251.233 0.118
201903 0.180 254.202 0.234
201906 0.140 256.143 0.180
201909 0.150 256.759 0.193
201912 0.030 256.974 0.039
202003 0.080 258.115 0.102
202006 0.007 257.797 0.009
202009 0.010 260.280 0.013
202012 -0.031 260.474 -0.039
202103 0.060 264.877 0.075
202106 -0.043 271.696 -0.052
202109 -0.028 274.310 -0.034
202112 -0.045 278.802 -0.053
202203 0.005 287.504 0.006
202206 -0.048 296.311 -0.053
202209 -0.023 296.808 -0.026
202212 -0.011 296.797 -0.012
202303 0.055 301.836 0.060
202306 0.004 305.109 0.004
202309 -0.016 307.789 -0.017
202312 -0.013 306.746 -0.014
202403 -0.004 312.332 -0.004
202406 0.025 314.175 0.026
202409 0.009 315.301 0.009
202412 -0.008 315.605 -0.008
202503 -0.001 319.799 -0.001
202506 -0.023 322.561 -0.024
202509 -0.007 324.800 -0.007
202512 0.023 324.054 0.023
202603 0.126 330.213 0.126

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 ฿0.13 mean?
Thai Agro Energy PCL (BKK:TAE) has a E10 of ฿0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thai Agro Energy PCL and its competitors.
Is Thai Agro Energy PCL's E10 too high?
Thai Agro Energy PCL's current E10 is ฿0.13. Overall, Thai Agro Energy PCL has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Agro Energy PCL's E10 compare to DOW?
Thai Agro Energy PCL's E10 of ฿0.13 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Thai Agro Energy PCL and its competitors. Thai Agro Energy PCL's current E10 is ฿0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Agro Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Agro Energy PCL (BKK:TAE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.72, compared to a current price of ฿1.66 — trading 130.6% above its estimated fair value. The current E10 is ฿0.13. Thai Agro Energy PCL's overall GF Score™ is 43/100 with 6 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 Thai Agro Energy PCL (BKK:TAE), the current E10 is ฿0.13 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 Thai Agro Energy PCL (BKK:TAE) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Agro Energy PCL stock appears to be overvalued. The current stock price of ฿1.66 is trading 130.6% above its estimated GF Value™ of ฿0.72. GuruFocus considers Thai Agro Energy PCL to be Significantly Overvalued.

Key valuation signals for BKK:TAE:

  • E10: ฿0.13
  • GF Value™: ฿0.72 vs. price of ฿1.66 (130.6% above fair value)
  • GF Score™: 43/100 with 6 warning signs

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


Thai Agro Energy PCL Business Description

Address Ploenchit Road, 888/114, Mahatun Plaza Building, 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Thai Agro Energy PCL is an ethanol producer. The company is engaged in the production and distribution of ethanol out of its Thailand-based plants located across multiple states. It sells ethanol to various oil companies as an additive for gasohol production while generating majority of its revenues from the Thailand market. The company has two reportable segments, which consist of ethanol segment and soil conditioner segment. It derives maximum revenue from Ethanol segment. Geographically, the company operates in Thailand, India, and China.
43GF Score

Get the complete analysis for BKK:TAE

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

฿1.66
Price
฿0.72
GF Value