Thai Wacoal PCL (BKK:WACOAL) E10: ฿0.97 (As of Mar. 2026)

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BKK:WACOAL Thai Wacoal PCL BKK:WACOAL
60 GF Score
Price ฿15.90
GF Value ฿22.75
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Thai Wacoal PCL E10?

Thai Wacoal PCL BKK:WACOAL 60 E10 is ฿0.97 as of Mar. 2026. GuruFocus rates BKK:WACOAL with a GF Score™ of 60/100 and a GF Value™ of ฿22.75 (Possible Value Trap). 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 Wacoal PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Wacoal PCL's average E10 Growth Rate was -29.20% per year. During the past 3 years, the average E10 Growth Rate was -17.90% per year. During the past 5 years, the average E10 Growth Rate was -14.40% 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 Wacoal PCL was -6.30% per year. The lowest was -17.90% per year. And the median was -11.20% per year.

As of today (2026-07-20), Thai Wacoal PCL's current stock price is ฿15.90. Thai Wacoal PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.97. Thai Wacoal PCL's Shiller PE Ratio of today is 16.39.

During the past 13 years, the highest Shiller PE Ratio of Thai Wacoal PCL was 21.51. The lowest was 13.28. And the median was 16.54.


Thai Wacoal PCL  (BKK:WACOAL) 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 Wacoal PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.90/0.97
=16.39

* 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 Wacoal PCL was 21.51. The lowest was 13.28. And the median was 16.54.


Be Aware

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


Thai Wacoal PCL E10 Related Terms


Thai Wacoal PCL E10 Historical Data

* Premium members only.

The historical data trend for Thai Wacoal 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 Wacoal PCL E10 Chart

Thai Wacoal 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 2.11 1.88 1.74 1.49 1.04

Thai Wacoal 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 1.37 1.20 1.04 1.04 0.97

BKK:WACOAL vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Thai Wacoal 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 Wacoal PCL Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:WACOAL
60GF Score
Thai Wacoal PCL BKK:WACOAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Wacoal 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 Wacoal 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)
=-0.02/330.2130*330.2130
=-0.020

Current CPI (Mar. 2026) = 330.2130.

Thai Wacoal PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.740 241.018 1.014
201609 0.610 241.428 0.834
201612 0.590 241.432 0.807
201703 0.710 243.801 0.962
201706 0.930 244.955 1.254
201709 0.600 246.819 0.803
201712 0.464 246.524 0.622
201803 0.630 249.554 0.834
201806 0.870 251.989 1.140
201809 0.800 252.439 1.046
201812 0.660 251.233 0.867
201903 0.550 254.202 0.714
201906 0.760 256.143 0.980
201909 0.680 256.759 0.875
201912 0.806 256.974 1.036
202003 0.970 258.115 1.241
202006 -0.450 257.797 -0.576
202009 -1.940 260.280 -2.461
202012 -1.208 260.474 -1.531
202103 -0.250 264.877 -0.312
202106 -0.370 271.696 -0.450
202109 -0.400 274.310 -0.482
202112 -0.180 278.802 -0.213
202203 0.280 287.504 0.322
202206 0.200 296.311 0.223
202209 0.390 296.808 0.434
202212 -0.003 296.797 -0.003
202303 0.303 301.836 0.331
202306 0.610 305.109 0.660
202309 0.230 307.789 0.247
202312 -0.490 306.746 -0.527
202403 0.110 312.332 0.116
202406 0.200 314.175 0.210
202409 -0.350 315.301 -0.367
202412 0.180 315.605 0.188
202503 -0.460 319.799 -0.475
202506 -0.540 322.561 -0.553
202509 -0.800 324.800 -0.813
202512 0.678 324.054 0.691
202603 -0.020 330.213 -0.020

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 ฿0.97 mean?
Thai Wacoal PCL (BKK:WACOAL) has a E10 of ฿0.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thai Wacoal PCL and its competitors.
Is Thai Wacoal PCL's E10 too high?
Thai Wacoal PCL's current E10 is ฿0.97. Overall, Thai Wacoal PCL has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Wacoal PCL's E10 compare to RL and LEVI?
Thai Wacoal PCL's E10 of ฿0.97 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Wacoal PCL and its competitors. Thai Wacoal PCL's current E10 is ฿0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wacoal PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wacoal PCL (BKK:WACOAL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿22.75, compared to a current price of ฿15.90 — trading 30.1% below its estimated fair value. The current E10 is ฿0.97. Thai Wacoal PCL's overall GF Score™ is 60/100 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 Wacoal PCL (BKK:WACOAL), the current E10 is ฿0.97 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 Wacoal PCL (BKK:WACOAL) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Wacoal PCL stock appears to be undervalued. The current stock price of ฿15.90 is trading 30.1% below its estimated GF Value™ of ฿22.75. GuruFocus considers Thai Wacoal PCL to be Possible Value Trap.

Key valuation signals for BKK:WACOAL:

  • E10: ฿0.97
  • GF Value™: ฿22.75 vs. price of ฿15.90 (30.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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


Thai Wacoal PCL Business Description

Address 132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies' lingerie, childrenswear and ladies outerwear. The key revenue driver product of the company is Ladies' lingerie, which is sold under the brand name of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.
60GF Score

Get the complete analysis for BKK:WACOAL

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

฿15.90
Price
฿22.75
GF Value