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Thai Steel Cable PCL (BKK:TSC) E10 : ฿0.89 (As of Mar. 2024)


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What is Thai Steel Cable 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 Steel Cable PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thai Steel Cable PCL's average E10 Growth Rate was 4.70% 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 -1.30% 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 Thai Steel Cable PCL was 2.00% per year. The lowest was -4.60% per year. And the median was -0.80% per year.

As of today (2024-05-23), Thai Steel Cable PCL's current stock price is ฿14.90. Thai Steel Cable PCL's E10 for the quarter that ended in Mar. 2024 was ฿0.89. Thai Steel Cable PCL's Shiller PE Ratio of today is 16.74.

During the past 13 years, the highest Shiller PE Ratio of Thai Steel Cable PCL was 18.95. The lowest was 10.09. And the median was 14.49.


Thai Steel Cable PCL E10 Historical Data

The historical data trend for Thai Steel Cable 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 Steel Cable PCL E10 Chart

Thai Steel Cable PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.80 0.80 0.87 0.85

Thai Steel Cable 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 0.85 0.85 0.85 0.86 0.89

Competitive Comparison of Thai Steel Cable PCL's E10

For the Auto Parts subindustry, Thai Steel Cable 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 Steel Cable PCL's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Shiller PE Ratio distribution charts can be found below:

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



Thai Steel Cable 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 Steel Cable 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)
=0.34/131.7762*131.7762
=0.340

Current CPI (Mar. 2024) = 131.7762.

Thai Steel Cable PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.100 100.560 0.131
201409 0.098 100.428 0.129
201412 0.100 99.070 0.133
201503 0.130 99.621 0.172
201506 0.150 100.684 0.196
201509 0.175 100.392 0.230
201512 0.090 99.792 0.119
201603 0.180 100.470 0.236
201606 0.120 101.688 0.156
201609 0.145 101.861 0.188
201612 0.090 101.863 0.116
201703 0.180 102.862 0.231
201706 0.200 103.349 0.255
201709 0.203 104.136 0.257
201712 0.160 104.011 0.203
201803 0.290 105.290 0.363
201806 0.260 106.317 0.322
201809 0.260 106.507 0.322
201812 0.240 105.998 0.298
201903 0.260 107.251 0.319
201906 0.170 108.070 0.207
201909 0.172 108.329 0.209
201912 0.140 108.420 0.170
202003 0.200 108.902 0.242
202006 -0.040 108.767 -0.048
202009 0.020 109.815 0.024
202012 0.190 109.897 0.228
202103 0.310 111.754 0.366
202106 0.230 114.631 0.264
202109 0.180 115.734 0.205
202112 0.140 117.630 0.157
202203 0.170 121.301 0.185
202206 0.230 125.017 0.242
202209 0.260 125.227 0.274
202212 0.250 125.222 0.263
202303 0.320 127.348 0.331
202306 0.270 128.729 0.276
202309 0.240 129.860 0.244
202312 0.320 129.419 0.326
202403 0.340 131.776 0.340

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


Thai Steel Cable PCL  (BKK:TSC) 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 Steel Cable PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.90/0.89
=16.74

* 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 Steel Cable PCL was 18.95. The lowest was 10.09. And the median was 14.49.


Be Aware

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


Thai Steel Cable PCL E10 Related Terms

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


Thai Steel Cable PCL (BKK:TSC) Business Description

Traded in Other Exchanges
N/A
Address
700/737, Moo. 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.

Thai Steel Cable PCL (BKK:TSC) Headlines