Tong Hua Holdings PCL (BKK:TH) E10: ฿0.07 (As of Mar. 2026)


BKK:TH Tong Hua Holdings PCL BKK:TH
63 GF Score
Price ฿0.47
GF Value ฿0.63
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tong Hua Holdings PCL E10?

Tong Hua Holdings PCL BKK:TH +2.17% 63 E10 is ฿0.07 as of Mar. 2026. GuruFocus rates BKK:TH with a GF Score™ of 63/100 and a GF Value™ of ฿0.63 (Modestly Undervalued). The stock has 4 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.

Tong Hua Holdings PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tong Hua Holdings PCL's average E10 Growth Rate was 16.70% per year. During the past 3 years, the average E10 Growth Rate was 44.20% 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 Tong Hua Holdings PCL was 71.00% per year. The lowest was 44.20% per year. And the median was 57.60% per year.

As of today (2026-07-01), Tong Hua Holdings PCL's current stock price is ฿0.47. Tong Hua Holdings PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.07. Tong Hua Holdings PCL's Shiller PE Ratio of today is 6.71.

During the past 13 years, the highest Shiller PE Ratio of Tong Hua Holdings PCL was 430.00. The lowest was 6.29. And the median was 27.38.


Tong Hua Holdings PCL  (BKK:TH) 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.

Tong Hua Holdings PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.47/0.07
=6.71

* 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 Tong Hua Holdings PCL was 430.00. The lowest was 6.29. And the median was 27.38.


Be Aware

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


Tong Hua Holdings PCL E10 Related Terms


Tong Hua Holdings PCL E10 Historical Data

* Premium members only.

The historical data trend for Tong Hua Holdings 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.

Tong Hua Holdings PCL E10 Chart

Tong Hua Holdings 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 0.01 0.02 0.04 0.05 0.06

Tong Hua Holdings 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 0.06 0.05 0.06 0.06 0.07

BKK:TH vs VOYA, FRHC: E10 Comparison

For the Financial Conglomerates subindustry, Tong Hua Holdings 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.


Tong Hua Holdings PCL Shiller PE Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:TH
63GF Score
Tong Hua Holdings PCL BKK:TH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Hua Holdings 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, Tong Hua Holdings 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)
=0.026/330.2130*330.2130
=0.026

Current CPI (Mar. 2026) = 330.2130.

Tong Hua Holdings PCL Quarterly Data

per share eps CPI Adj_EPS
201606 -0.006 241.018 -0.008
201609 -0.009 241.428 -0.012
201612 -0.046 241.432 -0.063
201703 0.004 243.801 0.005
201706 -0.013 244.955 -0.018
201709 0.001 246.819 0.001
201712 0.005 246.524 0.007
201803 0.003 249.554 0.004
201806 0.020 251.989 0.026
201809 0.007 252.439 0.009
201812 0.012 251.233 0.016
201903 0.013 254.202 0.017
201906 0.011 256.143 0.014
201909 0.011 256.759 0.014
201912 0.012 256.974 0.015
202003 0.012 258.115 0.015
202006 0.004 257.797 0.005
202009 0.002 260.280 0.003
202012 0.009 260.474 0.011
202103 0.010 264.877 0.012
202106 0.023 271.696 0.028
202109 0.020 274.310 0.024
202112 0.046 278.802 0.054
202203 0.048 287.504 0.055
202206 0.069 296.311 0.077
202209 0.069 296.808 0.077
202212 -0.021 296.797 -0.023
202303 0.023 301.836 0.025
202306 0.031 305.109 0.034
202309 0.016 307.789 0.017
202312 0.009 306.746 0.010
202403 0.022 312.332 0.023
202406 0.013 314.175 0.014
202409 0.047 315.301 0.049
202412 0.061 315.605 0.064
202503 0.060 319.799 0.062
202506 -0.052 322.561 -0.053
202509 0.030 324.800 0.030
202512 0.019 324.054 0.019
202603 0.026 330.213 0.026

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 ฿0.07 mean?
Tong Hua Holdings PCL (BKK:TH) has a E10 of ฿0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tong Hua Holdings PCL and its competitors.
Is Tong Hua Holdings PCL's E10 too high?
Tong Hua Holdings PCL's current E10 is ฿0.07. Overall, Tong Hua Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's E10 compare to VOYA and FRHC?
Tong Hua Holdings PCL's E10 of ฿0.07 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good E10 depends on the Diversified Financial Services 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 Tong Hua Holdings PCL and its competitors. Tong Hua Holdings PCL's current E10 is ฿0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.47 — trading 25.4% below its estimated fair value. The current E10 is ฿0.07. Tong Hua Holdings PCL's overall GF Score™ is 63/100 with 4 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 Tong Hua Holdings PCL (BKK:TH), the current E10 is ฿0.07 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued. The current stock price of ฿0.47 is trading 25.4% below its estimated GF Value™ of ฿0.63. GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TH:

  • E10: ฿0.07
  • GF Value™: ฿0.63 vs. price of ฿0.47 (25.4% below fair value)
  • GF Score™: 63/100 with 4 warning signs

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


Tong Hua Holdings PCL Business Description

Address 877-881 Charoenkrung Road, Talad Noi, Sumpantavong, Bangkok, THA, 10100
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
63GF Score

Get the complete analysis for BKK:TH

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

฿0.47
Price
฿0.63
GF Value