ADSGF (Adesso SE) E10: $7.81 (As of Mar. 2026)


ADSGF Adesso SE ADSGF
78 GF Score
Price $60.00
GF Value $251.98
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Adesso SE E10?

Adesso SE ADSGF -18.60% 78 E10 is $7.81 as of Mar. 2026. GuruFocus rates ADSGF with a GF Score™ of 78/100 and a GF Value™ of $251.98 (Significantly Undervalued). The stock has 3 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.

Adesso SE's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $7.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Adesso SE's average E10 Growth Rate was 8.80% 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.

As of today (2026-06-25), Adesso SE's current stock price is $60.00. Adesso SE's E10 for the quarter that ended in Mar. 2026 was $7.81. Adesso SE's Shiller PE Ratio of today is 7.68.

During the past 13 years, the highest Shiller PE Ratio of Adesso SE was 32.68. The lowest was 14.48. And the median was 25.40.


Adesso SE  (OTCPK:ADSGF) 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.

Adesso SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=60.00/7.81
=7.68

* 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 Adesso SE was 32.68. The lowest was 14.48. And the median was 25.40.


Be Aware

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


Adesso SE E10 Related Terms


Adesso SE E10 Historical Data

* Premium members only.

The historical data trend for Adesso SE'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.

Adesso SE E10 Chart

Adesso SE 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 0.00 0.00 5.36 5.16

Adesso SE 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 4.27 4.48 4.39 5.16 7.81

ADSGF vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Adesso SE'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.


Adesso SE Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Adesso SE's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Adesso SE's Shiller PE Ratio falls into.


ADSGF
78GF Score
Adesso SE ADSGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adesso SE 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, Adesso SE'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)
=0.451/131.2583*131.2583
=0.451

Current CPI (Mar. 2026) = 131.2583.

Adesso SE Quarterly Data

per share eps CPI Adj_EPS
201112 0.000 95.998 0.000
201206 0.000 96.744 0.000
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201806 0.000 104.017 0.000
201812 0.000 104.217 0.000
201906 0.000 105.718 0.000
201912 0.000 105.818 0.000
202006 0.000 106.618 0.000
202012 0.000 105.518 0.000
202103 4.488 107.518 5.479
202106 1.349 108.486 1.632
202109 2.188 109.435 2.624
202112 0.927 110.384 1.102
202203 2.104 113.968 2.423
202206 -0.307 115.760 -0.348
202209 1.990 118.818 2.198
202212 0.784 119.345 0.862
202303 0.289 122.402 0.310
202306 -1.289 123.140 -1.374
202309 0.918 124.195 0.970
202312 0.589 123.773 0.625
202403 -0.533 125.038 -0.560
202406 -1.098 125.882 -1.145
202409 1.853 126.198 1.927
202412 0.262 127.041 0.271
202503 -1.103 127.779 -1.133
202506 0.161 128.412 0.165
202509 2.195 129.255 2.229
202512 2.155 129.361 2.187
202603 0.451 131.258 0.451

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 $7.81 mean?
Adesso SE (ADSGF) has a E10 of $7.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Adesso SE and its competitors.
Is Adesso SE's E10 too high?
Adesso SE's current E10 is $7.81. Overall, Adesso SE has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adesso SE's E10 compare to IBM and ACN?
Adesso SE's E10 of $7.81 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Adesso SE and its competitors. Adesso SE's current E10 is $7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adesso SE stock overvalued right now?
Based on GuruFocus' analysis, Adesso SE (ADSGF) is currently considered Significantly Undervalued. The stock's GF Value™ is $251.98, compared to a current price of $60.00 — trading 76.2% below its estimated fair value. The current E10 is $7.81. Adesso SE's overall GF Score™ is 78/100 with 3 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 Adesso SE (ADSGF), the current E10 is $7.81 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 Adesso SE (ADSGF) Overvalued in 2026?

Based on GuruFocus' analysis, Adesso SE stock appears to be undervalued. The current stock price of $60.00 is trading 76.2% below its estimated GF Value™ of $251.98. GuruFocus considers Adesso SE to be Significantly Undervalued.

Key valuation signals for ADSGF:

  • E10: $7.81
  • GF Value™: $251.98 vs. price of $60.00 (76.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Adesso SE Business Description

Address Adessoplatz 1, Dortmund, NW, DEU, 44269
Adesso SE is a German IT service provider independent of manufacturers. It focuses on consulting and software development. Adesso uses information technology to provide optimised core business process design and support to its customers. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customized, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates the majority of revenue.
78GF Score

Get the complete analysis for ADSGF

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

$60.00
Price
$251.98
GF Value