GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai President Foods PCL (BKK:TFMAMA) » Definitions » E10

Thai President Foods PCL (BKK:TFMAMA) E10 : ฿13.43 (As of Sep. 2024)


View and export this data going back to 1978. Start your Free Trial

What is Thai President Foods 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.

Thai President Foods PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was ฿3.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿13.43 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Thai President Foods PCL's average E10 Growth Rate was 3.00% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 6.00% 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 President Foods PCL was 6.90% per year. The lowest was 1.30% per year. And the median was 6.30% per year.

As of today (2024-12-13), Thai President Foods PCL's current stock price is ฿199.50. Thai President Foods PCL's E10 for the quarter that ended in Sep. 2024 was ฿13.43. Thai President Foods PCL's Shiller PE Ratio of today is 14.85.

During the past 13 years, the highest Shiller PE Ratio of Thai President Foods PCL was 19.20. The lowest was 14.47. And the median was 16.50.


Thai President Foods PCL E10 Historical Data

The historical data trend for Thai President Foods 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.

Thai President Foods PCL E10 Chart

Thai President Foods 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 10.40 10.87 12.01 12.58 12.97

Thai President Foods PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.04 12.97 13.28 13.37 13.43

Competitive Comparison of Thai President Foods PCL's E10

For the Packaged Foods subindustry, Thai President Foods 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 President Foods PCL's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai President Foods PCL's Shiller PE Ratio distribution charts can be found below:

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



Thai President Foods 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 President Foods PCL's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.18/133.0289*133.0289
=3.180

Current CPI (Sep. 2024) = 133.0289.

Thai President Foods PCL Quarterly Data

per share eps CPI Adj_EPS
201412 2.500 99.070 3.357
201503 2.000 99.621 2.671
201506 2.690 100.684 3.554
201509 2.990 100.392 3.962
201512 2.939 99.792 3.918
201603 2.620 100.470 3.469
201606 3.120 101.688 4.082
201609 3.330 101.861 4.349
201612 5.851 101.863 7.641
201703 2.070 102.862 2.677
201706 2.050 103.349 2.639
201709 2.320 104.136 2.964
201712 2.210 104.011 2.827
201803 2.090 105.290 2.641
201806 2.570 106.317 3.216
201809 2.700 106.507 3.372
201812 2.972 105.998 3.730
201903 2.630 107.251 3.262
201906 2.950 108.070 3.631
201909 3.230 108.329 3.966
201912 3.150 108.420 3.865
202003 3.050 108.902 3.726
202006 3.460 108.767 4.232
202009 3.000 109.815 3.634
202012 2.896 109.897 3.506
202103 2.560 111.754 3.047
202106 2.660 114.631 3.087
202109 2.990 115.734 3.437
202112 2.630 117.630 2.974
202203 1.850 121.301 2.029
202206 1.690 125.017 1.798
202209 2.400 125.227 2.550
202212 2.520 125.222 2.677
202303 2.440 127.348 2.549
202306 2.850 128.729 2.945
202309 2.970 129.860 3.042
202312 3.194 129.419 3.283
202403 3.470 131.776 3.503
202406 3.320 132.554 3.332
202409 3.180 133.029 3.180

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


Thai President Foods PCL  (BKK:TFMAMA) 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 President Foods PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=199.50/13.43
=14.85

* 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 President Foods PCL was 19.20. The lowest was 14.47. And the median was 16.50.


Be Aware

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


Thai President Foods PCL E10 Related Terms

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


Thai President Foods PCL Business Description

Traded in Other Exchanges
Address
No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240
Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, it generates the majority of its revenue from the domestic market.

Thai President Foods PCL Headlines

No Headlines