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Asure Software (Asure Software) E10 : $-0.17 (As of Mar. 2024)


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What is Asure Software 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.

Asure Software's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.17 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 1.80% per year. During the past 5 years, the average E10 Growth Rate was 12.40% per year. During the past 10 years, the average E10 Growth Rate was 19.40% 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 Asure Software was 38.80% per year. The lowest was -12.30% per year. And the median was 13.10% per year.

As of today (2024-05-15), Asure Software's current stock price is $7.48. Asure Software's E10 for the quarter that ended in Mar. 2024 was $-0.17. Asure Software's Shiller PE Ratio of today is .


Asure Software E10 Historical Data

The historical data trend for Asure Software'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.

Asure Software E10 Chart

Asure Software 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 -0.12 -0.19 -0.17 -0.17 -0.18

Asure Software 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 -0.15 -0.15 -0.17 -0.18 -0.17

Competitive Comparison of Asure Software's E10

For the Software - Application subindustry, Asure Software'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.


Asure Software's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where Asure Software's Shiller PE Ratio falls into.



Asure Software 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, Asure Software'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)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Mar. 2024) = 129.4194.

Asure Software Quarterly Data

per share eps CPI Adj_EPS
201406 0.002 100.560 0.003
201409 0.030 100.428 0.039
201412 0.020 99.070 0.026
201503 -0.080 99.621 -0.104
201506 0.020 100.684 0.026
201509 -0.090 100.392 -0.116
201512 -0.120 99.792 -0.156
201603 -0.250 100.470 -0.322
201606 0.020 101.688 0.025
201609 0.050 101.861 0.064
201612 0.020 101.863 0.025
201703 -0.120 102.862 -0.151
201706 -0.180 103.349 -0.225
201709 -0.100 104.136 -0.124
201712 -0.130 104.011 -0.162
201803 -0.150 105.290 -0.184
201806 -0.290 106.317 -0.353
201809 -0.240 106.507 -0.292
201812 0.140 105.998 0.171
201903 -0.190 107.251 -0.229
201906 -0.320 108.070 -0.383
201909 -0.220 108.329 -0.263
201912 2.650 108.420 3.163
202003 -0.110 108.902 -0.131
202006 -0.250 108.767 -0.297
202009 -0.300 109.815 -0.354
202012 -0.370 109.897 -0.436
202103 -0.080 111.754 -0.093
202106 0.200 114.631 0.226
202109 0.280 115.734 0.313
202112 -0.230 117.630 -0.253
202203 -0.150 121.301 -0.160
202206 -0.290 125.017 -0.300
202209 -0.220 125.227 -0.227
202212 -0.050 125.222 -0.052
202303 0.020 127.348 0.020
202306 -0.180 128.729 -0.181
202309 -0.100 129.860 -0.100
202312 -0.150 129.419 -0.150
202403 -0.010 129.419 -0.010

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


Asure Software  (NAS:ASUR) 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.


Be Aware

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


Asure Software E10 Related Terms

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


Asure Software (Asure Software) Business Description

Traded in Other Exchanges
N/A
Address
405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
Executives
Patrick Goepel director, officer: Chief Executive Officer 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Eyal Goldstein officer: Chief Revenue Officer 18154 SWEET ELM DRIVE, ENCINO CA 91316
Bradford Scovill Oberwager director 340 S. LEMON AVE. #5445, WALNUT CA 91789
Bjorn Reynolds director 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746
Ben F Allen director C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
Grace G. Lee director C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
William Carl Drew director 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746
John F Pence officer: Chief Financial Officer C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
James Powers officer: Chief Financial Officer 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Daniel M Gill director 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201
Kelyn Brannon officer: Chief Financial Officer 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704
Lathrop Charles W Jr director 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432