Thai Metal Drum Manufacturing PCL (BKK:TMD) E10: ฿2.61 (As of Mar. 2026)


BKK:TMD Thai Metal Drum Manufacturing PCL BKK:TMD
79 GF Score
Price ฿26.50
GF Value ฿22.92
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Thai Metal Drum Manufacturing PCL E10?

Thai Metal Drum Manufacturing PCL BKK:TMD +0.95% 79 E10 is ฿2.61 as of Mar. 2026. GuruFocus rates BKK:TMD with a GF Score™ of 79/100 and a GF Value™ of ฿22.92 (Modestly Overvalued). The stock has 3 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.

Thai Metal Drum Manufacturing PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿2.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Metal Drum Manufacturing PCL's average E10 Growth Rate was 2.00% per year. During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 3.80% 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 Metal Drum Manufacturing PCL was 8.20% per year. The lowest was 2.00% per year. And the median was 5.70% per year.

As of today (2026-07-13), Thai Metal Drum Manufacturing PCL's current stock price is ฿26.50. Thai Metal Drum Manufacturing PCL's E10 for the quarter that ended in Mar. 2026 was ฿2.61. Thai Metal Drum Manufacturing PCL's Shiller PE Ratio of today is 10.15.

During the past 13 years, the highest Shiller PE Ratio of Thai Metal Drum Manufacturing PCL was 13.71. The lowest was 9.34. And the median was 10.42.


Thai Metal Drum Manufacturing PCL  (BKK:TMD) 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 Metal Drum Manufacturing PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.50/2.61
=10.15

* 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 Metal Drum Manufacturing PCL was 13.71. The lowest was 9.34. And the median was 10.42.


Be Aware

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


Thai Metal Drum Manufacturing PCL E10 Related Terms


Thai Metal Drum Manufacturing PCL E10 Historical Data

* Premium members only.

The historical data trend for Thai Metal Drum Manufacturing 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.

Thai Metal Drum Manufacturing PCL E10 Chart

Thai Metal Drum Manufacturing 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 2.33 2.43 2.48 2.53 2.58

Thai Metal Drum Manufacturing 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 2.56 2.58 2.59 2.58 2.61

BKK:TMD vs SW, PKG, IP: E10 Comparison

For the Packaging & Containers subindustry, Thai Metal Drum Manufacturing 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 Metal Drum Manufacturing PCL Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Metal Drum Manufacturing PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Metal Drum Manufacturing PCL's Shiller PE Ratio falls into.


BKK:TMD
79GF Score
Thai Metal Drum Manufacturing PCL BKK:TMD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Metal Drum Manufacturing 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 Metal Drum Manufacturing 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)
=0.61/330.2130*330.2130
=0.610

Current CPI (Mar. 2026) = 330.2130.

Thai Metal Drum Manufacturing PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.520 241.018 0.712
201609 0.550 241.428 0.752
201612 0.439 241.432 0.600
201703 0.570 243.801 0.772
201706 0.380 244.955 0.512
201709 0.450 246.819 0.602
201712 0.490 246.524 0.656
201803 0.570 249.554 0.754
201806 0.500 251.989 0.655
201809 0.590 252.439 0.772
201812 0.579 251.233 0.761
201903 0.610 254.202 0.792
201906 0.410 256.143 0.529
201909 0.620 256.759 0.797
201912 0.550 256.974 0.707
202003 0.570 258.115 0.729
202006 0.480 257.797 0.615
202009 0.520 260.280 0.660
202012 0.540 260.474 0.685
202103 0.640 264.877 0.798
202106 0.580 271.696 0.705
202109 0.720 274.310 0.867
202112 0.530 278.802 0.628
202203 0.550 287.504 0.632
202206 0.490 296.311 0.546
202209 0.600 296.808 0.668
202212 0.443 296.797 0.493
202303 0.540 301.836 0.591
202306 0.500 305.109 0.541
202309 0.500 307.789 0.536
202312 0.558 306.746 0.601
202403 0.610 312.332 0.645
202406 0.570 314.175 0.599
202409 0.590 315.301 0.618
202412 0.430 315.605 0.450
202503 0.670 319.799 0.692
202506 0.640 322.561 0.655
202509 0.590 324.800 0.600
202512 0.580 324.054 0.591
202603 0.610 330.213 0.610

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 ฿2.61 mean?
Thai Metal Drum Manufacturing PCL (BKK:TMD) has a E10 of ฿2.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thai Metal Drum Manufacturing PCL and its competitors.
Is Thai Metal Drum Manufacturing PCL's E10 too high?
Thai Metal Drum Manufacturing PCL's current E10 is ฿2.61. Overall, Thai Metal Drum Manufacturing PCL has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Metal Drum Manufacturing PCL's E10 compare to SW and PKG?
Thai Metal Drum Manufacturing PCL's E10 of ฿2.61 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 Thai Metal Drum Manufacturing PCL and its competitors. Thai Metal Drum Manufacturing PCL's current E10 is ฿2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Metal Drum Manufacturing PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL (BKK:TMD) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿22.92, compared to a current price of ฿26.50 — trading 15.6% above its estimated fair value. The current E10 is ฿2.61. Thai Metal Drum Manufacturing PCL's overall GF Score™ is 79/100 with 3 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 Thai Metal Drum Manufacturing PCL (BKK:TMD), the current E10 is ฿2.61 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 Thai Metal Drum Manufacturing PCL (BKK:TMD) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL stock appears to be overvalued. The current stock price of ฿26.50 is trading 15.6% above its estimated GF Value™ of ฿22.92. GuruFocus considers Thai Metal Drum Manufacturing PCL to be Modestly Overvalued.

Key valuation signals for BKK:TMD:

  • E10: ฿2.61
  • GF Value™: ฿22.92 vs. price of ฿26.50 (15.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Thai Metal Drum Manufacturing PCL Business Description

Address 193/142 Rachadapisek Road, 35th Floor, Lake Rajada Office Complex, Klongtoey, Bangkok, THA, 10110
Thai Metal Drum Manufacturing PCL is a Thailand-based metal drum manufacturing company. The firm is mainly engaged in the manufacturing and distribution of steel drums, plastic products, and the provision of office buildings for rent. Its products include Steel drums, tight-head drums, and open-head drums. The business operating segment includes the Production and Sales of Metal drums, the Production and Sales of Plastic Products, Rental and service income, and Others. The majority of its revenue is generated from the Production and Sales of Metal drums and geographically from Thailand.
79GF Score

Get the complete analysis for BKK:TMD

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

฿26.50
Price
฿22.92
GF Value