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Thai-German Products PCL (BKK:TGPRO) E10 : ฿-0.02 (As of Mar. 2024)


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What is Thai-German Products 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-German Products PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿-0.02 for the trailing ten years ended in Mar. 2024.

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-German Products PCL was 11.00% per year. The lowest was 7.60% per year. And the median was 9.30% per year.

As of today (2024-06-24), Thai-German Products PCL's current stock price is ฿0.10. Thai-German Products PCL's E10 for the quarter that ended in Mar. 2024 was ฿-0.02. Thai-German Products PCL's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Thai-German Products PCL was 0.21. The lowest was 0.02. And the median was 0.09.


Thai-German Products PCL E10 Historical Data

The historical data trend for Thai-German Products 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-German Products PCL E10 Chart

Thai-German Products 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 1.76 2.18 2.12 2.19 -0.01

Thai-German Products PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.01 -0.01 -0.01 -0.01 -0.02

Competitive Comparison of Thai-German Products PCL's E10

For the Steel subindustry, Thai-German Products 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-German Products PCL's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Thai-German Products PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai-German Products PCL's Shiller PE Ratio falls into.



Thai-German Products 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-German Products PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.01/131.7762*131.7762
=-0.010

Current CPI (Mar. 2024) = 131.7762.

Thai-German Products PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.004 100.560 0.005
201409 0.005 100.428 0.007
201412 0.001 99.070 0.001
201503 -0.005 99.621 -0.007
201506 -0.009 100.684 -0.012
201509 -0.015 100.392 -0.020
201512 -0.015 99.792 -0.020
201603 -0.013 100.470 -0.017
201606 0.006 101.688 0.008
201609 0.009 101.861 0.012
201612 -0.002 101.863 -0.003
201703 0.001 102.862 0.001
201706 0.001 103.349 0.001
201709 0.000 104.136 0.000
201712 -0.001 104.011 -0.001
201803 0.000 105.290 0.000
201806 0.001 106.317 0.001
201809 0.001 106.507 0.001
201812 -0.002 105.998 -0.002
201903 -0.005 107.251 -0.006
201906 -0.010 108.070 -0.012
201909 -0.010 108.329 -0.012
201912 -0.011 108.420 -0.013
202003 -0.012 108.902 -0.015
202006 0.000 108.767 0.000
202009 -0.003 109.815 -0.004
202012 0.002 109.897 0.002
202103 -0.002 111.754 -0.002
202106 0.007 114.631 0.008
202109 0.007 115.734 0.008
202112 0.006 117.630 0.007
202203 0.005 121.301 0.005
202206 0.006 125.017 0.006
202209 -0.001 125.227 -0.001
202212 -0.005 125.222 -0.005
202303 -0.008 127.348 -0.008
202306 -0.014 128.729 -0.014
202309 -0.019 129.860 -0.019
202312 -0.018 129.419 -0.018
202403 -0.010 131.776 -0.010

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


Thai-German Products PCL  (BKK:TGPRO) 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 Thai-German Products PCL was 0.21. The lowest was 0.02. And the median was 0.09.


Be Aware

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


Thai-German Products PCL E10 Related Terms

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


Thai-German Products PCL (BKK:TGPRO) Business Description

Traded in Other Exchanges
N/A
Address
99 Huaypong-Nongbon Road, Tambol Huaypong, Amphur Muang, Rayong, THA, 21150
Thai-German Products PCL is a Thailand based company engaged in the business of manufacturing and distribution of stainless steel products such as pipe, axle, and other equipment, under trademark by TGPRO. It has three operating segments: the Stainless and service selling segment, which is the key revenue driver, includes steel pipes, steel sheets, steel shafts, and steel fittings; the Stereo sales segment sells stereo equipment, telephone equipment, and spare parts; an agriculture selling segment includes vegetables and seed. It sells its product in Thailand and other countries, of which a majority of the revenue is generated from the Thailand market.

Thai-German Products PCL (BKK:TGPRO) Headlines

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