Tk Hold (XBUL:TCH) E10: €0.00 (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:TCH Tk Hold XBUL:TCH
71 GF Score
Price €4.68
GF Value €11.85
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Tk Hold E10?

Tk Hold XBUL:TCH +8.84% 71 E10 is €0.00 as of Mar. 2026. GuruFocus rates XBUL:TCH with a GF Score™ of 71/100 and a GF Value™ of €11.85 (Possible Value Trap). The stock has 5 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.

Tk Hold's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tk Hold's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 37.90% 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 Tk Hold was 37.90% per year. The lowest was 37.90% per year. And the median was 37.90% per year.

As of today (2026-07-19), Tk Hold's current stock price is €4.68. Tk Hold's E10 for the quarter that ended in Mar. 2026 was €0.00. Tk Hold's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Tk Hold was 120.71. The lowest was 20.29. And the median was 85.56.


Tk Hold  (XBUL:TCH) 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 Tk Hold was 120.71. The lowest was 20.29. And the median was 85.56.


Be Aware

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


Tk Hold E10 Related Terms


Tk Hold E10 Historical Data

* Premium members only.

The historical data trend for Tk Hold'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.

Tk Hold E10 Chart

Tk Hold 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 0.00 0.07 0.08 0.07 0.21

Tk Hold 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 0.09 0.16 0.21 0.21 0.00

XBUL:TCH vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Tk Hold'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.


Tk Hold Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Tk Hold's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tk Hold's Shiller PE Ratio falls into.


XBUL:TCH
71GF Score
Tk Hold XBUL:TCH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tk Hold 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, Tk Hold'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)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

Tk Hold Quarterly Data

per share eps CPI Adj_EPS
201606 0.006 241.018 0.008
201609 0.001 241.428 0.001
201612 0.015 241.432 0.021
201703 0.042 243.801 0.057
201706 0.003 244.955 0.004
201709 0.023 246.819 0.031
201712 -0.032 246.524 -0.043
201803 0.012 249.554 0.016
201806 0.146 251.989 0.191
201809 0.018 252.439 0.024
201812 -0.058 251.233 -0.076
201903 0.009 254.202 0.012
201906 0.012 256.143 0.015
201909 0.018 256.759 0.023
201912 -0.014 256.974 -0.018
202003 0.004 258.115 0.005
202006 0.042 257.797 0.054
202009 0.010 260.280 0.013
202012 0.014 260.474 0.018
202103 0.035 264.877 0.044
202106 0.060 271.696 0.073
202109 0.009 274.310 0.011
202112 -0.027 278.802 -0.032
202203 0.177 287.504 0.203
202206 0.031 296.311 0.035
202209 0.023 296.808 0.026
202212 -0.122 296.797 -0.136
202303 0.015 301.836 0.016
202306 0.021 305.109 0.023
202309 0.042 307.789 0.045
202312 -0.051 306.746 -0.055
202403 0.025 312.332 0.026
202406 0.010 314.175 0.011
202409 0.013 315.301 0.014
202412 -0.043 315.605 -0.045
202503 0.147 319.799 0.152
202506 0.735 322.561 0.752
202509 0.548 324.800 0.557
202512 0.063 324.054 0.064
202603 0.000 330.213 0.000

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 €0.00 mean?
Tk Hold (XBUL:TCH) has a E10 of €0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tk Hold and its competitors.
Is Tk Hold's E10 too high?
Tk Hold's current E10 is €0.00. Overall, Tk Hold has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tk Hold's E10 compare to BLK and BX?
Tk Hold's E10 of €0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Tk Hold and its competitors. Tk Hold's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tk Hold stock overvalued right now?
Based on GuruFocus' analysis, Tk Hold (XBUL:TCH) is currently considered Possible Value Trap. The stock's GF Value™ is €11.85, compared to a current price of €4.68 — trading 60.5% below its estimated fair value. The current E10 is €0.00. Tk Hold's overall GF Score™ is 71/100 with 5 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 Tk Hold (XBUL:TCH), the current E10 is €0.00 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 Tk Hold (XBUL:TCH) Overvalued in 2026?

Based on GuruFocus' analysis, Tk Hold stock appears to be undervalued. The current stock price of €4.68 is trading 60.5% below its estimated GF Value™ of €11.85. GuruFocus considers Tk Hold to be Possible Value Trap.

Key valuation signals for XBUL:TCH:

  • E10: €0.00
  • GF Value™: €11.85 vs. price of €4.68 (60.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Tk Hold Business Description

Address Tsar Boris ??? -140, Sofia, BGR, 1618
Tk Hold is a holding company engaged in purchase and exchange of shares and bonds, and development of acquired businesses. It focuses on restructuring, management, and establishment of its subsidiaries.
71GF Score

Get the complete analysis for XBUL:TCH

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

€4.68
Price
€11.85
GF Value