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Thai Cane Paper Public Company Limited (BKK:TCP) E10 : ฿0.00 (As of Sep. 2013)


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What is Thai Cane Paper Public Company Limited 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.

Thai Cane Paper Public Company Limited's adjusted earnings per share data for the fiscal year that ended in Dec. 2012 was ฿1.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.00 for the trailing ten years ended in Dec. 2012.

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 (2024-06-05), Thai Cane Paper Public Company Limited's current stock price is ฿ 21.00. Thai Cane Paper Public Company Limited's E10 for the fiscal year that ended in Dec. 2012 was ฿0.00. Thai Cane Paper Public Company Limited's Shiller PE Ratio of today is .


Thai Cane Paper Public Company Limited E10 Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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.

Thai Cane Paper Public Company Limited E10 Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
E10
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Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - - - - 1.06

Competitive Comparison of Thai Cane Paper Public Company Limited's E10

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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 Cane Paper Public Company Limited's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Shiller PE Ratio falls into.



Thai Cane Paper Public Company Limited 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 Cane Paper Public Company Limited's adjusted earnings per share data for the fiscal year that ended in Dec. 2012 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=1.37/96.8711*96.8711
=1.370

Current CPI (Dec. 2012) = 96.8711.

Thai Cane Paper Public Company Limited Annual Data

per_share_eps CPI Adj_EPS
200312 3.590 77.758 4.472
200412 0.720 80.290 0.869
200512 0.620 83.032 0.723
200612 0.050 85.142 0.057
200712 0.230 88.616 0.251
200812 -0.280 88.697 -0.306
200912 0.560 91.111 0.595
201012 0.830 92.474 0.869
201112 0.880 95.213 0.895
201212 1.370 96.871 1.370

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


Thai Cane Paper Public Company Limited  (BKK:TCP) 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.


Be Aware

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


Thai Cane Paper Public Company Limited E10 Related Terms

Thank you for viewing the detailed overview of Thai Cane Paper Public Company Limited's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
N/A
Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines

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