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Thai Beverage (Thai Beverage) E10 : $0.04 (As of Mar. 2024)


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What is Thai Beverage E10?

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.

Thai Beverage's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 5.90% 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 Thai Beverage was 7.70% per year. The lowest was 7.70% per year. And the median was 7.70% per year.

As of today (2024-05-31), Thai Beverage's current stock price is $0.3652. Thai Beverage's E10 for the quarter that ended in Mar. 2024 was $0.04. Thai Beverage's Shiller PE Ratio of today is 9.13.

During the past 13 years, the highest Shiller PE Ratio of Thai Beverage was 24.50. The lowest was 9.26. And the median was 16.25.


Thai Beverage E10 Historical Data

The historical data trend for Thai Beverage'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.

* Premium members only.

Thai Beverage E10 Chart

Thai Beverage Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.04

Thai Beverage Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Thai Beverage's E10

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.


Thai Beverage's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Beverage's Shiller PE Ratio falls into.



Thai Beverage 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, Thai Beverage's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.008/131.7762*131.7762
=0.008

Current CPI (Mar. 2024) = 131.7762.

Thai Beverage Quarterly Data

per share eps CPI Adj_EPS
201209 0.020 97.633 0.027
201212 0.004 96.871 0.005
201303 0.005 98.209 0.007
201306 0.006 98.518 0.008
201309 0.005 98.790 0.007
201312 0.008 98.326 0.011
201403 0.007 99.695 0.009
201406 0.007 100.560 0.009
201409 0.005 100.428 0.007
201412 0.008 99.070 0.011
201503 0.008 99.621 0.011
201506 0.007 100.684 0.009
201509 0.009 100.392 0.012
201512 0.007 99.792 0.009
201603 0.010 100.470 0.013
201606 0.007 101.688 0.009
201609 0.005 101.861 0.006
201612 0.009 101.863 0.012
201703 0.007 102.862 0.009
201706 0.018 103.349 0.023
201709 0.006 104.136 0.008
201712 0.004 104.011 0.005
201803 0.008 105.290 0.010
201806 0.007 106.317 0.009
201809 0.004 106.507 0.005
201812 0.009 105.998 0.011
201903 0.007 107.251 0.009
201906 0.008 108.070 0.010
201909 0.005 108.329 0.006
201912 0.011 108.420 0.013
202003 0.006 108.902 0.007
202009 0.012 109.815 0.014
202012 0.011 109.897 0.013
202103 0.008 111.754 0.009
202109 0.012 115.734 0.014
202203 0.008 121.301 0.009
202209 0.015 125.227 0.016
202303 0.008 127.348 0.008
202309 0.013 129.860 0.013
202403 0.008 131.776 0.008

Add all the adjusted EPS together and divide 10 will get our e10.


Thai Beverage  (OTCPK:TBVPF) 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.

Thai Beverage's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.3652/0.04
=9.13

* 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 Thai Beverage was 24.50. The lowest was 9.26. And the median was 16.25.


Be Aware

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


Thai Beverage E10 Related Terms

Thank you for viewing the detailed overview of Thai Beverage's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Beverage (Thai Beverage) Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (Thai Beverage) Headlines

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