Telekom Malaysia Bhd (XKLS:4863) E10: RM0.33 (As of Mar. 2026)


XKLS:4863 Telekom Malaysia Bhd XKLS:4863
83 GF Score
Price RM7.46
GF Value RM6.82
Valuation Fairly Valued
! 4 Warning Signs
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What is Telekom Malaysia Bhd E10?

Telekom Malaysia Bhd XKLS:4863 -1.19% 83 E10 is RM0.33 as of Mar. 2026. GuruFocus rates XKLS:4863 with a GF Score™ of 83/100 and a GF Value™ of RM6.82 (Fairly Valued). The stock has 4 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.

Telekom Malaysia Bhd's adjusted earnings per share data for the three months ended in Mar. 2026 was RM0.084. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is RM0.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telekom Malaysia Bhd's average E10 Growth Rate was 6.50% per year. During the past 3 years, the average E10 Growth Rate was 9.70% per year. During the past 5 years, the average E10 Growth Rate was 6.50% 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 Telekom Malaysia Bhd was 9.70% per year. The lowest was 4.00% per year. And the median was 6.30% per year.

As of today (2026-06-27), Telekom Malaysia Bhd's current stock price is RM7.46. Telekom Malaysia Bhd's E10 for the quarter that ended in Mar. 2026 was RM0.33. Telekom Malaysia Bhd's Shiller PE Ratio of today is 22.61.

During the past 13 years, the highest Shiller PE Ratio of Telekom Malaysia Bhd was 27.50. The lowest was 16.00. And the median was 21.60.


Telekom Malaysia Bhd  (XKLS:4863) 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.

Telekom Malaysia Bhd's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.46/0.33
=22.61

* 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 Telekom Malaysia Bhd was 27.50. The lowest was 16.00. And the median was 21.60.


Be Aware

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


Telekom Malaysia Bhd E10 Related Terms


Telekom Malaysia Bhd E10 Historical Data

* Premium members only.

The historical data trend for Telekom 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.

Telekom Malaysia Bhd E10 Chart

Telekom 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 0.25 0.25 0.27 0.30 0.33

Telekom 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 0.31 0.32 0.33 0.33 0.33

XKLS:4863 vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, Telekom 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.


Telekom Malaysia Bhd Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telekom Malaysia Bhd's Shiller PE Ratio distribution charts can be found below:

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


XKLS:4863
83GF Score
Telekom Malaysia Bhd XKLS:4863
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telekom 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, Telekom 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)
=0.084/330.2130*330.2130
=0.084

Current CPI (Mar. 2026) = 330.2130.

Telekom Malaysia Bhd Quarterly Data

per share eps CPI Adj_EPS
201606 0.037 241.018 0.051
201609 0.042 241.428 0.057
201612 0.041 241.432 0.056
201703 0.061 243.801 0.083
201706 0.056 244.955 0.075
201709 0.056 246.819 0.075
201712 0.073 246.524 0.098
201803 0.042 249.554 0.056
201806 0.027 251.989 0.035
201809 -0.047 252.439 -0.061
201812 0.019 251.233 0.025
201903 0.082 254.202 0.107
201906 0.030 256.143 0.039
201909 0.069 256.759 0.089
201912 -0.014 256.974 -0.018
202003 0.040 258.115 0.051
202006 0.073 257.797 0.094
202009 0.086 260.280 0.109
202012 0.068 260.474 0.086
202103 0.085 264.877 0.106
202106 0.057 271.696 0.069
202109 0.071 274.310 0.085
202112 0.021 278.802 0.025
202203 0.089 287.504 0.102
202206 0.099 296.311 0.110
202209 0.070 296.808 0.078
202212 0.042 296.797 0.047
202303 0.086 301.836 0.094
202306 0.148 305.109 0.160
202309 0.140 307.789 0.150
202312 0.113 306.746 0.122
202403 0.111 312.332 0.117
202406 0.103 314.175 0.108
202409 0.121 315.301 0.127
202412 0.190 315.605 0.199
202503 0.105 319.799 0.108
202506 0.105 322.561 0.107
202509 0.179 324.800 0.182
202512 0.058 324.054 0.059
202603 0.084 330.213 0.084

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 RM0.33 mean?
Telekom Malaysia Bhd (XKLS:4863) has a E10 of RM0.33 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telekom Malaysia Bhd and its competitors.
Is Telekom Malaysia Bhd's E10 too high?
Telekom Malaysia Bhd's current E10 is RM0.33. Overall, Telekom Malaysia Bhd has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telekom Malaysia Bhd's E10 compare to TMUS and VZ?
Telekom Malaysia Bhd's E10 of RM0.33 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Telekom Malaysia Bhd and its competitors. Telekom Malaysia Bhd's current E10 is RM0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Telekom Malaysia Bhd (XKLS:4863) is currently considered Fairly Valued. The stock's GF Value™ is RM6.82, compared to a current price of RM7.46 — trading 9.4% above its estimated fair value. The current E10 is RM0.33. Telekom Malaysia Bhd's overall GF Score™ is 83/100 with 4 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 Telekom Malaysia Bhd (XKLS:4863), the current E10 is RM0.33 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 Telekom Malaysia Bhd (XKLS:4863) Overvalued in 2026?

Based on GuruFocus' analysis, Telekom Malaysia Bhd stock appears to be overvalued. The current stock price of RM7.46 is trading 9.4% above its estimated GF Value™ of RM6.82. GuruFocus considers Telekom Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:4863:

  • E10: RM0.33
  • GF Value™: RM6.82 vs. price of RM7.46 (9.4% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the XKLS:4863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telekom Malaysia Bhd Business Description

Address Jalan Pantai Baharu, Menara TM, Kuala Lumpur, SGR, MYS, 50672
Telekom Malaysia Bhd is a telecommunications company. It generates revenue from the Internet and multimedia services, Data services, Voice services, Non-telecommunications related services, and Other telecommunications-related services, in which it generates the majority of its revenue from Internet and multimedia services. The company owns telecommunications infrastructure. The Group has identified a single reportable segment of providing fixed-mobile convergence services, which offers integrated broadband, mobile, and data services, digital content, as well as other solutions. It generates the vast majority of its revenue in Malaysia.
83GF Score

Get the complete analysis for XKLS:4863

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

RM7.46
Price
RM6.82
GF Value