Asia Aviation PCL (FRA:55AA) E10: €-0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:55AA Asia Aviation PCL FRA:55AA
65 GF Score
Price €0.03
GF Value €0.05
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Asia Aviation PCL E10?

Asia Aviation PCL FRA:55AA 65 E10 is €-0.01 as of Mar. 2026. GuruFocus rates FRA:55AA with a GF Score™ of 65/100 and a GF Value™ of €0.05 (Possible Value Trap). 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.

Asia Aviation PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -6.60% 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 Asia Aviation PCL was -6.60% per year. The lowest was -6.60% per year. And the median was -6.60% per year.

As of today (2026-07-17), Asia Aviation PCL's current stock price is €0.025. Asia Aviation PCL's E10 for the quarter that ended in Mar. 2026 was €-0.01. Asia Aviation PCL's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Asia Aviation PCL was 11.19. The lowest was 3.02. And the median was 6.95.


Asia Aviation PCL  (FRA:55AA) 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.

During the past 13 years, the highest Shiller P/E Ratio of Asia Aviation PCL was 11.19. The lowest was 3.02. And the median was 6.95.


Be Aware

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


Asia Aviation PCL E10 Related Terms


Asia Aviation PCL E10 Historical Data

* Premium members only.

The historical data trend for Asia Aviation 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.

Asia Aviation PCL E10 Chart

Asia Aviation 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 0.01 -0.01 -0.01 -0.01 -0.01

Asia Aviation 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 -0.01 -0.01 -0.01 -0.01 -0.01

FRA:55AA vs DAL, UAL, LUV: E10 Comparison

For the Airlines subindustry, Asia Aviation 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.


Asia Aviation PCL Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Shiller PE Ratio distribution charts can be found below:

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


FRA:55AA
65GF Score
Asia Aviation PCL FRA:55AA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Aviation 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, Asia Aviation 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)
=0.002/330.2130*330.2130
=0.002

Current CPI (Mar. 2026) = 330.2130.

Asia Aviation PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.002 241.018 0.003
201609 0.002 241.428 0.003
201612 0.000 241.432 0.000
201703 0.003 243.801 0.004
201706 0.001 244.955 0.001
201709 0.001 246.819 0.001
201712 0.002 246.524 0.003
201803 0.005 249.554 0.007
201806 -0.002 251.989 -0.003
201809 -0.002 252.439 -0.003
201812 -0.001 251.233 -0.001
201903 0.003 254.202 0.004
201906 -0.003 256.143 -0.004
201909 -0.002 256.759 -0.003
201912 0.000 256.974 0.000
202003 -0.004 258.115 -0.005
202006 -0.006 257.797 -0.008
202009 -0.010 260.280 -0.013
202012 -0.007 260.474 -0.009
202103 -0.010 264.877 -0.012
202106 -0.009 271.696 -0.011
202109 -0.011 274.310 -0.013
202112 -0.005 278.802 -0.006
202203 -0.006 287.504 -0.007
202206 -0.011 296.311 -0.012
202209 -0.009 296.808 -0.010
202212 0.007 296.797 0.008
202303 0.001 301.836 0.001
202306 -0.002 305.109 -0.002
202309 -0.004 307.789 -0.004
202312 0.006 306.746 0.006
202403 -0.001 312.332 -0.001
202406 0.000 314.175 0.000
202409 0.007 315.301 0.007
202412 0.001 315.605 0.001
202503 0.003 319.799 0.003
202506 0.000 322.561 0.000
202509 -0.002 324.800 -0.002
202512 0.003 324.054 0.003
202603 0.002 330.213 0.002

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 €-0.01 mean?
Asia Aviation PCL (FRA:55AA) has a E10 of €-0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asia Aviation PCL and its competitors.
Is Asia Aviation PCL's E10 too high?
Asia Aviation PCL's current E10 is €-0.01. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's E10 compare to DAL and UAL?
Asia Aviation PCL's E10 of €-0.01 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 Asia Aviation PCL and its competitors. Asia Aviation PCL's current E10 is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (FRA:55AA) is currently considered Possible Value Trap. The stock's GF Value™ is €0.05, compared to a current price of €0.03 — trading 50% below its estimated fair value. The current E10 is €-0.01. Asia Aviation PCL's overall GF Score™ is 65/100 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 Asia Aviation PCL (FRA:55AA), the current E10 is €-0.01 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 Asia Aviation PCL (FRA:55AA) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued. The current stock price of €0.03 is trading 50% below its estimated GF Value™ of €0.05. GuruFocus considers Asia Aviation PCL to be Possible Value Trap.

Key valuation signals for FRA:55AA:

  • E10: €-0.01
  • GF Value™: €0.05 vs. price of €0.03 (50% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the FRA:55AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Aviation PCL Business Description

Other Exchanges AAV:Thailand
Address Vibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score

Get the complete analysis for FRA:55AA

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

€0.03
Price
€0.05
GF Value