TCM PCL (BKK:TCMC) E10: ฿-0.13 (As of Mar. 2026)


BKK:TCMC TCM Corp PCL BKK:TCMC
29 GF Score
Price ฿0.30
GF Value ฿0.45
Valuation Possible Value Trap
! 6 Warning Signs
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What is TCM PCL E10?

TCM PCL BKK:TCMC -6.06% 29 E10 is ฿-0.13 as of Mar. 2026. GuruFocus rates BKK:TCMC with a GF Score™ of 29/100 and a GF Value™ of ฿0.45 (Possible Value Trap). 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.

TCM PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿-0.110. 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, TCM PCL's average E10 Growth Rate was -533.30% 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 TCM PCL was 4.60% per year. The lowest was -45.00% per year. And the median was -7.00% per year.

As of today (2026-07-09), TCM PCL's current stock price is ฿0.30. TCM PCL's E10 for the quarter that ended in Mar. 2026 was ฿-0.13. TCM PCL's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of TCM PCL was 16.53. The lowest was 3.57. And the median was 9.20.


TCM PCL  (BKK:TCMC) 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.

During the past 13 years, the highest Shiller P/E Ratio of TCM PCL was 16.53. The lowest was 3.57. And the median was 9.20.


Be Aware

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


TCM PCL E10 Related Terms


TCM PCL E10 Historical Data

* Premium members only.

The historical data trend for TCM 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.

TCM PCL E10 Chart

TCM 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 0.24 0.16 0.17 0.04 -0.10

TCM 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 0.03 0.00 -0.08 -0.10 -0.13

BKK:TCMC vs AIN: E10 Comparison

For the Textile Manufacturing subindustry, TCM 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.


TCM PCL Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:TCMC
29GF Score
TCM Corp PCL BKK:TCMC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM 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, TCM 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)
=-0.11/330.2130*330.2130
=-0.110

Current CPI (Mar. 2026) = 330.2130.

TCM PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.084 241.018 0.115
201609 0.036 241.428 0.049
201612 0.093 241.432 0.127
201703 0.088 243.801 0.119
201706 0.080 244.955 0.108
201709 0.040 246.819 0.054
201712 0.136 246.524 0.182
201803 -0.030 249.554 -0.040
201806 0.070 251.989 0.092
201809 0.030 252.439 0.039
201812 0.280 251.233 0.368
201903 0.010 254.202 0.013
201906 -0.070 256.143 -0.090
201909 -0.010 256.759 -0.013
201912 0.069 256.974 0.089
202003 -0.060 258.115 -0.077
202006 -0.060 257.797 -0.077
202009 0.120 260.280 0.152
202012 -0.051 260.474 -0.065
202103 -0.040 264.877 -0.050
202106 -0.070 271.696 -0.085
202109 -0.010 274.310 -0.012
202112 -0.080 278.802 -0.095
202203 0.030 287.504 0.034
202206 -0.010 296.311 -0.011
202209 0.020 296.808 0.022
202212 0.058 296.797 0.065
202303 0.001 301.836 0.001
202306 0.010 305.109 0.011
202309 0.010 307.789 0.011
202312 0.047 306.746 0.051
202403 -0.100 312.332 -0.106
202406 -0.130 314.175 -0.137
202409 -0.060 315.301 -0.063
202412 -0.805 315.605 -0.842
202503 -0.090 319.799 -0.093
202506 -0.270 322.561 -0.276
202509 -0.760 324.800 -0.773
202512 0.010 324.054 0.010
202603 -0.110 330.213 -0.110

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?
TCM PCL (BKK:TCMC) 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 TCM PCL and its competitors.
Is TCM PCL's E10 too high?
TCM PCL's current E10 is ฿-0.13. Overall, TCM PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCM PCL's E10 compare to AIN?
TCM PCL's E10 of ฿-0.13 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 TCM PCL and its competitors. TCM 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 TCM PCL stock overvalued right now?
Based on GuruFocus' analysis, TCM PCL (BKK:TCMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.30 — trading 33.3% below its estimated fair value. The current E10 is ฿-0.13. TCM PCL's overall GF Score™ is 29/100 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 TCM PCL (BKK:TCMC), 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 TCM PCL (BKK:TCMC) Overvalued in 2026?

Based on GuruFocus' analysis, TCM PCL stock appears to be undervalued. The current stock price of ฿0.30 is trading 33.3% below its estimated GF Value™ of ฿0.45. GuruFocus considers TCM PCL to be Possible Value Trap.

Key valuation signals for BKK:TCMC:

  • E10: ฿-0.13
  • GF Value™: ฿0.45 vs. price of ฿0.30 (33.3% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


TCM PCL Business Description

Address 2054 New Petchaburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. The company derives maximum revenue from the Surface Segment. It has a business presence in Thailand, United Kingdom, and other countries.
29GF Score

Get the complete analysis for BKK:TCMC

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

฿0.30
Price
฿0.45
GF Value