WHA PCL (BKK:WHA-R) E10: ฿0.29 (As of Mar. 2026)


BKK:WHA-R WHA Corp PCL BKK:WHA-R
82 GF Score
Price ฿4.19
GF Value ฿3.87
! 10 Warning Signs
View Full Analysis

What is WHA PCL E10?

WHA PCL BKK:WHA-R 82 E10 is ฿0.29 as of Mar. 2026. GuruFocus rates BKK:WHA-R with a GF Score™ of 82/100 and a GF Value™ of ฿3.87. 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.

WHA PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, WHA PCL's average E10 Growth Rate was 3.60% per year. During the past 3 years, the average E10 Growth Rate was 8.40% per year. During the past 5 years, the average E10 Growth Rate was 10.20% 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 WHA PCL was 13.00% per year. The lowest was 8.40% per year. And the median was 10.10% per year.

As of today (2026-06-26), WHA PCL's current stock price is ฿4.18807. WHA PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.29. WHA PCL's Shiller PE Ratio of today is 14.44.

During the past 13 years, the highest Shiller PE Ratio of WHA PCL was 23.91. The lowest was 9.29. And the median was 18.58.


WHA PCL  (BKK:WHA-R) 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.

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

Shiller PE Ratio=Share Price/E10
=4.18807/0.29
=14.44

* 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 WHA PCL was 23.91. The lowest was 9.29. And the median was 18.58.


Be Aware

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


WHA PCL E10 Related Terms


WHA PCL E10 Historical Data

* Premium members only.

The historical data trend for WHA 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.

WHA PCL E10 Chart

WHA 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 0.18 0.22 0.22 0.25 0.30

WHA 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 0.29 0.31 0.29 0.30 0.29

BKK:WHA-R vs CBRE, BEKE: E10 Comparison

For the Real Estate Services subindustry, WHA 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.


WHA PCL Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Shiller PE Ratio distribution charts can be found below:

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


BKK:WHA-R
82GF Score
WHA Corp PCL BKK:WHA-R
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA 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, WHA 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)
=0.101/330.2130*330.2130
=0.101

Current CPI (Mar. 2026) = 330.2130.

WHA PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.023 241.018 0.032
201609 0.003 241.428 0.004
201612 0.168 241.432 0.230
201703 0.006 243.801 0.008
201706 0.068 244.955 0.092
201709 0.035 246.819 0.047
201712 0.119 246.524 0.159
201803 0.054 249.554 0.071
201806 0.021 251.989 0.028
201809 0.025 252.439 0.033
201812 0.101 251.233 0.133
201903 0.028 254.202 0.036
201906 0.072 256.143 0.093
201909 0.038 256.759 0.049
201912 0.081 256.974 0.104
202003 0.007 258.115 0.009
202006 0.036 257.797 0.046
202009 0.029 260.280 0.037
202012 0.097 260.474 0.123
202103 0.009 264.877 0.011
202106 0.017 271.696 0.021
202109 0.011 274.310 0.013
202112 0.136 278.802 0.161
202203 0.044 287.504 0.051
202206 0.019 296.311 0.021
202209 0.017 296.808 0.019
202212 0.190 296.797 0.211
202303 0.035 301.836 0.038
202306 0.060 305.109 0.065
202309 0.042 307.789 0.045
202312 0.162 306.746 0.174
202403 0.091 312.332 0.096
202406 0.086 314.175 0.090
202409 0.031 315.301 0.032
202412 0.083 315.605 0.087
202503 0.139 319.799 0.144
202506 0.066 322.561 0.068
202509 0.042 324.800 0.043
202512 0.097 324.054 0.099
202603 0.101 330.213 0.101

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 ฿0.29 mean?
WHA PCL (BKK:WHA-R) has a E10 of ฿0.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on WHA PCL and its competitors.
Is WHA PCL's E10 too high?
WHA PCL's current E10 is ฿0.29. Overall, WHA PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's E10 compare to CBRE and BEKE?
WHA PCL's E10 of ฿0.29 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 WHA PCL and its competitors. WHA PCL's current E10 is ฿0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current E10 of ฿0.29. The stock's GF Value™ is ฿3.87, compared to a current price of ฿4.19 — trading 8.2% above its estimated fair value. The current E10 is ฿0.29. WHA PCL's overall GF Score™ is 82/100 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 WHA PCL (BKK:WHA-R), the current E10 is ฿0.29 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?

Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued. The current stock price of ฿4.19 is trading 8.2% above its estimated GF Value™ of ฿3.87.

Key valuation signals for BKK:WHA-R:

  • E10: ฿0.29
  • GF Value™: ฿3.87 vs. price of ฿4.19 (8.2% above fair value)
  • GF Score™: 82/100 with 10 warning signs

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


WHA PCL Business Description

Other Exchanges WHA:Thailand
Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
82GF Score

Get the complete analysis for BKK:WHA-R

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

฿4.19
Price
฿3.87
GF Value