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Bangkok Bank PCL (BKK:BBL) E10 : ฿20.29 (As of Mar. 2024)


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What is Bangkok Bank PCL 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.

Bangkok Bank PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿5.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿20.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Bank PCL's average E10 Growth Rate was 2.10% per year. During the past 3 years, the average E10 Growth Rate was 3.40% per year. During the past 5 years, the average E10 Growth Rate was 2.60% 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 Bangkok Bank PCL was 3.40% per year. The lowest was -3.20% per year. And the median was 2.50% per year.

As of today (2024-05-24), Bangkok Bank PCL's current stock price is ฿139.50. Bangkok Bank PCL's E10 for the quarter that ended in Mar. 2024 was ฿20.29. Bangkok Bank PCL's Shiller PE Ratio of today is 6.88.

During the past 13 years, the highest Shiller PE Ratio of Bangkok Bank PCL was 12.31. The lowest was 5.08. And the median was 7.47.


Bangkok Bank PCL E10 Historical Data

The historical data trend for Bangkok Bank 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.

* Premium members only.

Bangkok Bank PCL E10 Chart

Bangkok Bank PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.45 18.08 19.00 19.62 20.00

Bangkok Bank PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 19.87 19.98 20.13 20.00 20.29

Competitive Comparison of Bangkok Bank PCL's E10

For the Banks - Regional subindustry, Bangkok Bank 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.


Bangkok Bank PCL's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bangkok Bank PCL's Shiller PE Ratio distribution charts can be found below:

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



Bangkok Bank 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, Bangkok Bank PCL'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)
=5.51/131.7762*131.7762
=5.510

Current CPI (Mar. 2024) = 131.7762.

Bangkok Bank PCL Quarterly Data

per share eps CPI Adj_EPS
201406 4.730 100.560 6.198
201409 5.020 100.428 6.587
201412 4.590 99.070 6.105
201503 4.930 99.621 6.521
201506 4.210 100.684 5.510
201509 4.740 100.392 6.222
201512 4.024 99.792 5.314
201603 4.360 100.470 5.719
201606 3.760 101.688 4.873
201609 4.220 101.861 5.459
201612 4.330 101.863 5.602
201703 4.350 102.862 5.573
201706 4.220 103.349 5.381
201709 4.280 104.136 5.416
201712 4.450 104.011 5.638
201803 4.720 105.290 5.907
201806 4.820 106.317 5.974
201809 4.730 106.507 5.852
201812 4.244 105.998 5.276
201903 4.730 107.251 5.812
201906 4.900 108.070 5.975
201909 4.940 108.329 6.009
201912 4.190 108.420 5.093
202003 4.020 108.902 4.864
202006 1.620 108.767 1.963
202009 2.100 109.815 2.520
202012 1.256 109.897 1.506
202103 3.630 111.754 4.280
202106 3.330 114.631 3.828
202109 3.620 115.734 4.122
202112 3.310 117.630 3.708
202203 3.730 121.301 4.052
202206 3.650 125.017 3.847
202209 4.010 125.227 4.220
202212 3.960 125.222 4.167
202303 5.310 127.348 5.495
202306 5.920 128.729 6.060
202309 5.950 129.860 6.038
202312 4.640 129.419 4.724
202403 5.510 131.776 5.510

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


Bangkok Bank PCL  (BKK:BBL) 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.

Bangkok Bank PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=139.50/20.29
=6.88

* 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 Bangkok Bank PCL was 12.31. The lowest was 5.08. And the median was 7.47.


Be Aware

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


Bangkok Bank PCL E10 Related Terms

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


Bangkok Bank PCL (BKK:BBL) Business Description

Traded in Other Exchanges
Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (BKK:BBL) Headlines