Electricity Generating PCL (FRA:ECGF) E10: €0.42 (As of Mar. 2026)


FRA:ECGF Electricity Generating PCL FRA:ECGF
63 GF Score
Price €2.94
GF Value €1.98
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Electricity Generating PCL E10?

Electricity Generating PCL FRA:ECGF +0.68% 63 E10 is €0.42 as of Mar. 2026. GuruFocus rates FRA:ECGF with a GF Score™ of 63/100 and a GF Value™ of €1.98 (Significantly Overvalued). 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.

Electricity Generating PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.045. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Electricity Generating PCL's average E10 Growth Rate was -2.60% per year. During the past 3 years, the average E10 Growth Rate was -5.60% per year. During the past 5 years, the average E10 Growth Rate was -4.70% 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 Electricity Generating PCL was 8.20% per year. The lowest was -7.30% per year. And the median was -2.10% per year.

As of today (2026-06-28), Electricity Generating PCL's current stock price is €2.94. Electricity Generating PCL's E10 for the quarter that ended in Mar. 2026 was €0.42. Electricity Generating PCL's Shiller PE Ratio of today is 7.00.

During the past 13 years, the highest Shiller PE Ratio of Electricity Generating PCL was 19.20. The lowest was 5.09. And the median was 8.37.


Electricity Generating PCL  (FRA:ECGF) 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.

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

Shiller PE Ratio=Share Price/E10
=2.94/0.42
=7.00

* 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 Electricity Generating PCL was 19.20. The lowest was 5.09. And the median was 8.37.


Be Aware

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


Electricity Generating PCL E10 Related Terms


Electricity Generating PCL E10 Historical Data

* Premium members only.

The historical data trend for Electricity Generating 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.

Electricity Generating PCL E10 Chart

Electricity Generating 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 0.55 0.54 0.44 0.46 0.43

Electricity Generating 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 0.44 0.43 0.44 0.43 0.42

FRA:ECGF vs CEG, VST, NRG: E10 Comparison

For the Utilities - Independent Power Producers subindustry, Electricity Generating 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.


Electricity Generating PCL Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Electricity Generating PCL's Shiller PE Ratio distribution charts can be found below:

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


FRA:ECGF
63GF Score
Electricity Generating PCL FRA:ECGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electricity Generating 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, Electricity Generating 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)
=0.045/330.2130*330.2130
=0.045

Current CPI (Mar. 2026) = 330.2130.

Electricity Generating PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.098 241.018 0.134
201609 0.139 241.428 0.190
201612 0.042 241.432 0.057
201703 0.151 243.801 0.205
201706 0.175 244.955 0.236
201709 0.169 246.819 0.226
201712 0.089 246.524 0.119
201803 0.994 249.554 1.315
201806 -0.118 251.989 -0.155
201809 0.197 252.439 0.258
201812 -0.035 251.233 -0.046
201903 0.199 254.202 0.259
201906 0.213 256.143 0.275
201909 0.159 256.759 0.204
201912 0.144 256.974 0.185
202003 -0.022 258.115 -0.028
202006 0.275 257.797 0.352
202009 0.117 260.280 0.148
202012 0.094 260.474 0.119
202103 0.030 264.877 0.037
202106 0.076 271.696 0.092
202109 0.052 274.310 0.063
202112 0.047 278.802 0.056
202203 0.214 287.504 0.246
202206 -0.040 296.311 -0.045
202209 -0.020 296.808 -0.022
202212 -0.014 296.797 -0.016
202303 0.104 301.836 0.114
202306 0.073 305.109 0.079
202309 0.118 307.789 0.127
202312 -0.709 306.746 -0.763
202403 0.081 312.332 0.086
202406 0.067 314.175 0.070
202409 0.127 315.301 0.133
202412 -0.006 315.605 -0.006
202503 0.186 319.799 0.192
202506 0.109 322.561 0.112
202509 -0.033 324.800 -0.034
202512 -0.018 324.054 -0.018
202603 0.045 330.213 0.045

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 €0.42 mean?
Electricity Generating PCL (FRA:ECGF) has a E10 of €0.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Electricity Generating PCL and its competitors.
Is Electricity Generating PCL's E10 too high?
Electricity Generating PCL's current E10 is €0.42. Overall, Electricity Generating PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electricity Generating PCL's E10 compare to CEG and VST?
Electricity Generating PCL's E10 of €0.42 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Electricity Generating PCL and its competitors. Electricity Generating PCL's current E10 is €0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electricity Generating PCL stock overvalued right now?
Based on GuruFocus' analysis, Electricity Generating PCL (FRA:ECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.98, compared to a current price of €2.94 — trading 48.5% above its estimated fair value. The current E10 is €0.42. Electricity Generating PCL's overall GF Score™ is 63/100 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 Electricity Generating PCL (FRA:ECGF), the current E10 is €0.42 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 Electricity Generating PCL (FRA:ECGF) Overvalued in 2026?

Based on GuruFocus' analysis, Electricity Generating PCL stock appears to be overvalued. The current stock price of €2.94 is trading 48.5% above its estimated GF Value™ of €1.98. GuruFocus considers Electricity Generating PCL to be Significantly Overvalued.

Key valuation signals for FRA:ECGF:

  • E10: €0.42
  • GF Value™: €1.98 vs. price of €2.94 (48.5% above fair value)
  • GF Score™: 63/100 with 10 warning signs

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


Electricity Generating PCL Business Description

Other Exchanges EGCO:Thailand
Address Vibhavadi Rangsit Road, 222, EGCO Tower, 14th and 15th Floors, Tungsonghong, Laksi, Bangkok, THA, 10210
Electricity Generating PCL is engaged in the generation of electricity for sales to the government sector and industrial users. As a holding company, the majority of the company's revenue comes from its numerous subsidiaries and joint ventures located throughout Thailand and other regions. The company has two segments report which are comprised of electricity generation and other businesses. The majority of its revenue is derived from the electricity generation segment. Geographically, key revenue for the company is derived from Thailand and the rest from the Philippines and Australia.
63GF Score

Get the complete analysis for FRA:ECGF

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

€2.94
Price
€1.98
GF Value