British American Tobacco Malaysia Bhd (XKLS:4162) E10: RM4.12 (As of Mar. 2026)


XKLS:4162 British American Tobacco Malaysia Bhd XKLS:4162
82 GF Score
Price RM5.06
GF Value RM6.71
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is British American Tobacco Malaysia Bhd E10?

British American Tobacco Malaysia Bhd XKLS:4162 +0.80% 82 E10 is RM4.12 as of Mar. 2026. GuruFocus rates XKLS:4162 with a GF Score™ of 82/100 and a GF Value™ of RM6.71 (Modestly Undervalued). The stock has 8 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.

British American Tobacco Malaysia Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM-0.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM4.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, British American Tobacco Malaysia Bhd's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 21.50% per year. During the past 5 years, the average E10 Growth Rate was 12.80% 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 British American Tobacco Malaysia Bhd was 21.50% per year. The lowest was -4.80% per year. And the median was 19.60% per year.

As of today (2026-07-04), British American Tobacco Malaysia Bhd's current stock price is RM5.06. British American Tobacco Malaysia Bhd's E10 for the quarter that ended in Mar. 2026 was RM4.12. British American Tobacco Malaysia Bhd's Shiller PE Ratio of today is 1.23.

During the past 13 years, the highest Shiller PE Ratio of British American Tobacco Malaysia Bhd was 6.56. The lowest was 1.05. And the median was 4.33.


British American Tobacco Malaysia Bhd  (XKLS:4162) 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.

British American Tobacco Malaysia Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.06/4.12
=1.23

* 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 British American Tobacco Malaysia Bhd was 6.56. The lowest was 1.05. And the median was 4.33.


Be Aware

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


British American Tobacco Malaysia Bhd E10 Related Terms


British American Tobacco Malaysia Bhd E10 Historical Data

* Premium members only.

The historical data trend for British American Tobacco Malaysia Bhd'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.

British American Tobacco Malaysia Bhd E10 Chart

British American Tobacco Malaysia Bhd 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 2.42 2.31 2.08 4.14 4.14

British American Tobacco Malaysia Bhd 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 4.09 4.04 4.20 4.14 4.12

XKLS:4162 vs PM, MO, TPB: E10 Comparison

For the Tobacco subindustry, British American Tobacco Malaysia Bhd'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.


British American Tobacco Malaysia Bhd Shiller PE Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Malaysia Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where British American Tobacco Malaysia Bhd's Shiller PE Ratio falls into.


XKLS:4162
82GF Score
British American Tobacco Malaysia Bhd XKLS:4162
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

British American Tobacco Malaysia Bhd 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, British American Tobacco Malaysia Bhd'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)
=-0.123/330.2130*330.2130
=-0.123

Current CPI (Mar. 2026) = 330.2130.

British American Tobacco Malaysia Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.168 241.018 0.230
201609 0.730 241.428 0.998
201612 1.013 241.432 1.386
201703 0.416 243.801 0.563
201706 0.516 244.955 0.696
201709 0.510 246.819 0.682
201712 0.283 246.524 0.379
201803 0.337 249.554 0.446
201806 0.386 251.989 0.506
201809 0.511 252.439 0.668
201812 0.408 251.233 0.536
201903 0.310 254.202 0.403
201906 0.267 256.143 0.344
201909 0.291 256.759 0.374
201912 0.342 256.974 0.439
202003 0.180 258.115 0.230
202006 0.191 257.797 0.245
202009 0.223 260.280 0.283
202012 0.255 260.474 0.323
202103 0.221 264.877 0.276
202106 0.251 271.696 0.305
202109 0.276 274.310 0.332
202112 0.250 278.802 0.296
202203 0.183 287.504 0.210
202206 0.257 296.311 0.286
202209 0.264 296.808 0.294
202212 0.216 296.797 0.240
202303 0.141 301.836 0.154
202306 0.166 305.109 0.180
202309 0.209 307.789 0.224
202312 0.166 306.746 0.179
202403 0.105 312.332 0.111
202406 0.127 314.175 0.133
202409 23.800 315.301 24.926
202412 0.171 315.605 0.179
202503 0.082 319.799 0.085
202506 0.178 322.561 0.182
202509 2.500 324.800 2.542
202512 0.424 324.054 0.432
202603 -0.123 330.213 -0.123

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 RM4.12 mean?
British American Tobacco Malaysia Bhd (XKLS:4162) has a E10 of RM4.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on British American Tobacco Malaysia Bhd and its competitors.
Is British American Tobacco Malaysia Bhd's E10 too high?
British American Tobacco Malaysia Bhd's current E10 is RM4.12. Overall, British American Tobacco Malaysia Bhd has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Malaysia Bhd's E10 compare to PM and MO?
British American Tobacco Malaysia Bhd's E10 of RM4.12 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good E10 depends on the Tobacco Products 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 British American Tobacco Malaysia Bhd and its competitors. British American Tobacco Malaysia Bhd's current E10 is RM4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco Malaysia Bhd (XKLS:4162) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.71, compared to a current price of RM5.06 — trading 24.6% below its estimated fair value. The current E10 is RM4.12. British American Tobacco Malaysia Bhd's overall GF Score™ is 82/100 with 8 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 British American Tobacco Malaysia Bhd (XKLS:4162), the current E10 is RM4.12 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 British American Tobacco Malaysia Bhd (XKLS:4162) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Malaysia Bhd stock appears to be undervalued. The current stock price of RM5.06 is trading 24.6% below its estimated GF Value™ of RM6.71. GuruFocus considers British American Tobacco Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4162:

  • E10: RM4.12
  • GF Value™: RM6.71 vs. price of RM5.06 (24.6% below fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the XKLS:4162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


British American Tobacco Malaysia Bhd Business Description

Other Exchanges BATMF:USA
Address No. 6, Jalan Damanlela, Level 19, Guoco Tower, Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490
British American Tobacco Malaysia Bhd is principally engaged in the manufacturing, marketing, and importation of cigarettes, pipe tobaccos, cigars, devices, other tobacco products, and nicotine products. Geographically, the company operates in Malaysia. Its key brands are Dunhill, Peter Stuyvesant, Rothmans, KYO, Pall Mall, and Kent.
82GF Score

Get the complete analysis for XKLS:4162

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

RM5.06
Price
RM6.71
GF Value