BTSGY (BTS Group Holdings) E10: $1.81 (As of Dec. 2025)


BTSGY BTS Group Holdings PLC BTSGY
53 GF Score
Price $16.50
GF Value $49.97
! 6 Warning Signs
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What is BTS Group Holdings E10?

BTS Group Holdings BTSGY 53 E10 is $1.81 as of Dec. 2025. GuruFocus rates BTSGY with a GF Score™ of 53/100 and a GF Value™ of $49.97. The stock has 6 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.

BTS Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was $-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.81 for the trailing ten years ended in Dec. 2025.

During the past 12 months, BTS Group Holdings's average E10 Growth Rate was -16.70% 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 BTS Group Holdings was 8.30% per year. The lowest was -0.80% per year. And the median was 2.30% per year.

As of today (2026-06-26), BTS Group Holdings's current stock price is $16.50. BTS Group Holdings's E10 for the quarter that ended in Dec. 2025 was $1.81. BTS Group Holdings's Shiller PE Ratio of today is 9.12.

During the past 13 years, the highest Shiller PE Ratio of BTS Group Holdings was 41.76. The lowest was 8.08. And the median was 21.15.


BTS Group Holdings  (OTCPK:BTSGY) 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.

BTS Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.50/1.81
=9.12

* 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 BTS Group Holdings was 41.76. The lowest was 8.08. And the median was 21.15.


Be Aware

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


BTS Group Holdings E10 Related Terms


BTS Group Holdings E10 Historical Data

* Premium members only.

The historical data trend for BTS Group Holdings'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.

BTS Group Holdings E10 Chart

BTS Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.47 1.56 0.00 0.00

BTS Group Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.03 0.00 1.24 1.46 1.81

BTSGY vs UNP, CSX, NSC: E10 Comparison

For the Railroads subindustry, BTS Group Holdings'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.


BTS Group Holdings Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BTS Group Holdings's Shiller PE Ratio falls into.


BTSGY
53GF Score
BTS Group Holdings PLC BTSGY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTS Group Holdings 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, BTS Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.19/324.0540*324.0540
=-0.190

Current CPI (Dec. 2025) = 324.0540.

BTS Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 0.008 238.132 0.011
201606 0.131 241.018 0.176
201609 0.133 241.428 0.179
201612 0.110 241.432 0.148
201703 0.106 243.801 0.141
201706 0.100 244.955 0.132
201709 0.166 246.819 0.218
201712 0.230 246.524 0.302
201803 0.669 249.554 0.869
201806 0.102 251.989 0.131
201809 0.175 252.439 0.225
201812 0.306 251.233 0.395
201903 0.167 254.202 0.213
201906 0.238 256.143 0.301
201909 0.331 256.759 0.418
201912 0.626 256.974 0.789
202003 0.844 258.115 1.060
202006 0.108 257.797 0.136
202009 0.185 260.280 0.230
202012 0.432 260.474 0.537
202103 0.416 264.877 0.509
202106 0.334 271.696 0.398
202109 0.133 274.310 0.157
202112 0.238 278.802 0.277
202203 0.183 287.504 0.206
202206 0.115 296.311 0.126
202209 0.097 296.808 0.106
202212 0.230 296.797 0.251
202303 -0.058 301.836 -0.062
202306 -0.172 305.109 -0.183
202309 0.056 307.789 0.059
202312 -1.029 306.746 -1.087
202403 0.000 312.332 0.000
202406 -0.076 314.175 -0.078
202409 -0.081 315.301 -0.083
202412 0.615 315.605 0.631
202503 0.000 319.799 0.000
202506 -0.043 322.561 -0.043
202509 0.019 324.800 0.019
202512 -0.190 324.054 -0.190

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 $1.81 mean?
BTS Group Holdings (BTSGY) has a E10 of $1.81 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BTS Group Holdings and its competitors.
Is BTS Group Holdings' E10 too high?
BTS Group Holdings' current E10 is $1.81. Overall, BTS Group Holdings has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does BTS Group Holdings' E10 compare to UNP and CSX?
BTS Group Holdings' E10 of $1.81 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 BTS Group Holdings and its competitors. BTS Group Holdings's current E10 is $1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTS Group Holdings stock overvalued right now?
BTS Group Holdings (BTSGY) has a current E10 of $1.81. The stock's GF Value™ is $49.97, compared to a current price of $16.50 — trading 67% below its estimated fair value. The current E10 is $1.81. BTS Group Holdings' overall GF Score™ is 53/100 with 6 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 BTS Group Holdings (BTSGY), the current E10 is $1.81 as of Dec. 2025. 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 BTS Group Holdings (BTSGY) Overvalued in 2026?

Based on GuruFocus' analysis, BTS Group Holdings stock appears to be undervalued. The current stock price of $16.50 is trading 67% below its estimated GF Value™ of $49.97.

Key valuation signals for BTSGY:

  • E10: $1.81
  • GF Value™: $49.97 vs. price of $16.50 (67% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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


BTS Group Holdings Business Description

Other Exchanges BTS:Thailand
Address Phahonyothin Road, 1000/9 BTS Visionary Park, South Tower, 33rd Floor, Chomphon Sub-district, Chatuchak District, Bangkok, THA, 10900
BTS Group Holdings PLC is principally engaged in the provision of transportation (Move), comprehensive marketing (Mix), and the capture of opportunities and creation of synergies through a shared system platform (Match). The group's reportable segments are MOVE, MIX, and MATCH. The majority of its revenue is generated from the MOVE segment, which provides mass transportation services for rail and other modes. This segment generates revenue through farebox collection, operating and maintenance, elevated rail's installation and construction, train procurement, and other related services, as well as the operation and maintenance of the Bus Rapid Transit and Automated People Mover (APM) systems. Geographically, the group generates maximum revenue from Thailand.
53GF Score

Get the complete analysis for BTSGY

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

$16.50
Price
$49.97
GF Value