Tpi Polene PCL (BKK:TPIPL) E10: ฿0.13 (As of Mar. 2026)


BKK:TPIPL Tpi Polene PCL BKK:TPIPL
70 GF Score
Price ฿0.79
GF Value ฿1.11
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Tpi Polene PCL E10?

Tpi Polene PCL BKK:TPIPL 70 E10 is ฿0.13 as of Mar. 2026. GuruFocus rates BKK:TPIPL with a GF Score™ of 70/100 and a GF Value™ of ฿1.11 (Modestly Undervalued). The stock has 10 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.

Tpi Polene PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.044. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tpi Polene PCL's average E10 Growth Rate was 18.20% per year. During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 15.30% 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 Tpi Polene PCL was 30.10% per year. The lowest was -20.60% per year. And the median was 7.60% per year.

As of today (2026-06-26), Tpi Polene PCL's current stock price is ฿0.79. Tpi Polene PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.13. Tpi Polene PCL's Shiller PE Ratio of today is 6.08.

During the past 13 years, the highest Shiller PE Ratio of Tpi Polene PCL was 44.50. The lowest was 5.15. And the median was 16.75.


Tpi Polene PCL  (BKK:TPIPL) 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.

Tpi Polene PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.79/0.13
=6.08

* 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 Tpi Polene PCL was 44.50. The lowest was 5.15. And the median was 16.75.


Be Aware

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


Tpi Polene PCL E10 Related Terms


Tpi Polene PCL E10 Historical Data

* Premium members only.

The historical data trend for Tpi Polene 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.

Tpi Polene PCL E10 Chart

Tpi Polene 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 0.05 0.09 0.11 0.11 0.13

Tpi Polene 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 0.11 0.12 0.13 0.13 0.13

BKK:TPIPL vs CRH, VMC, MLM: E10 Comparison

For the Building Materials subindustry, Tpi Polene 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.


Tpi Polene PCL Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tpi Polene PCL's Shiller PE Ratio falls into.


BKK:TPIPL
70GF Score
Tpi Polene PCL BKK:TPIPL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tpi Polene 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, Tpi Polene 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)
=0.044/330.2130*330.2130
=0.044

Current CPI (Mar. 2026) = 330.2130.

Tpi Polene PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.012 241.018 0.016
201609 0.007 241.428 0.010
201612 -0.003 241.432 -0.004
201703 0.011 243.801 0.015
201706 -0.033 244.955 -0.044
201709 -0.023 246.819 -0.031
201712 -0.018 246.524 -0.024
201803 -0.002 249.554 -0.003
201806 -0.008 251.989 -0.010
201809 0.009 252.439 0.012
201812 0.018 251.233 0.024
201903 0.028 254.202 0.036
201906 0.011 256.143 0.014
201909 0.020 256.759 0.026
201912 0.014 256.974 0.018
202003 0.021 258.115 0.027
202006 0.035 257.797 0.045
202009 0.035 260.280 0.044
202012 -0.012 260.474 -0.015
202103 0.061 264.877 0.076
202106 0.094 271.696 0.114
202109 0.063 274.310 0.076
202112 0.079 278.802 0.094
202203 0.095 287.504 0.109
202206 0.128 296.311 0.143
202209 0.107 296.808 0.119
202212 0.040 296.797 0.045
202303 0.034 301.836 0.037
202306 0.062 305.109 0.067
202309 0.065 307.789 0.070
202312 0.009 306.746 0.010
202403 0.039 312.332 0.041
202406 0.032 314.175 0.034
202409 -0.021 315.301 -0.022
202412 0.026 315.605 0.027
202503 0.038 319.799 0.039
202506 0.030 322.561 0.031
202509 0.015 324.800 0.015
202512 0.023 324.054 0.023
202603 0.044 330.213 0.044

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 ฿0.13 mean?
Tpi Polene PCL (BKK:TPIPL) has a E10 of ฿0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tpi Polene PCL and its competitors.
Is Tpi Polene PCL's E10 too high?
Tpi Polene PCL's current E10 is ฿0.13. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's E10 compare to CRH and VMC?
Tpi Polene PCL's E10 of ฿0.13 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Tpi Polene PCL and its competitors. Tpi Polene PCL's current E10 is ฿0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿0.79 — trading 28.8% below its estimated fair value. The current E10 is ฿0.13. Tpi Polene PCL's overall GF Score™ is 70/100 with 10 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 Tpi Polene PCL (BKK:TPIPL), the current E10 is ฿0.13 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued. The current stock price of ฿0.79 is trading 28.8% below its estimated GF Value™ of ฿1.11. GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPL:

  • E10: ฿0.13
  • GF Value™: ฿1.11 vs. price of ฿0.79 (28.8% below fair value)
  • GF Score™: 70/100 with 10 warning signs

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


Tpi Polene PCL Business Description

Other Exchanges NVP6:Germany
Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score

Get the complete analysis for BKK:TPIPL

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

฿0.79
Price
฿1.11
GF Value