BLKB (Blackbaud) E10: $0.08 (As of Mar. 2026)


BLKB Blackbaud Inc BLKB
53 GF Score
Price $27.36
GF Value $84.52
Valuation Possible Value Trap
! 6 Warning Signs
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What is Blackbaud E10?

Blackbaud BLKB -0.83% 53 E10 is $0.08 as of Mar. 2026. GuruFocus rates BLKB with a GF Score™ of 53/100 and a GF Value™ of $84.52 (Possible Value Trap). The stock has 6 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.

Blackbaud's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.08 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -63.00% 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 Blackbaud was 5.70% per year. The lowest was -63.00% per year. And the median was -0.60% per year.

As of today (2026-06-25), Blackbaud's current stock price is $27.36. Blackbaud's E10 for the quarter that ended in Mar. 2026 was $0.08. Blackbaud's Shiller PE Ratio of today is 342.00.

During the past 13 years, the highest Shiller PE Ratio of Blackbaud was 2073.67. The lowest was 65.70. And the median was 109.42.


Blackbaud  (NAS:BLKB) 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.

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

Shiller PE Ratio=Share Price/E10
=27.36/0.08
=342.00

* 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 Blackbaud was 2073.67. The lowest was 65.70. And the median was 109.42.


Be Aware

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


Blackbaud E10 Related Terms


Blackbaud E10 Historical Data

* Premium members only.

The historical data trend for Blackbaud'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.

Blackbaud E10 Chart

Blackbaud 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 0.66 0.59 0.53 -0.13 0.03

Blackbaud 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 -0.13 -0.10 -0.03 0.03 0.08

BLKB vs CXM, KARO, VIA: E10 Comparison

For the Software - Application subindustry, Blackbaud'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.


Blackbaud Shiller PE Ratio vs Software Industry

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

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


BLKB
53GF Score
Blackbaud Inc BLKB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackbaud 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, Blackbaud'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)
=0.67/330.2130*330.2130
=0.670

Current CPI (Mar. 2026) = 330.2130.

Blackbaud Quarterly Data

per share eps CPI Adj_EPS
201606 0.190 241.018 0.260
201609 0.190 241.428 0.260
201612 0.360 241.432 0.492
201703 0.280 243.801 0.379
201706 0.230 244.955 0.310
201709 0.270 246.819 0.361
201712 0.640 246.524 0.857
201803 0.370 249.554 0.490
201806 0.140 251.989 0.183
201809 0.230 252.439 0.301
201812 0.190 251.233 0.250
201903 -0.020 254.202 -0.026
201906 0.150 256.143 0.193
201909 0.090 256.759 0.116
201912 0.030 256.974 0.039
202003 0.100 258.115 0.128
202006 0.240 257.797 0.307
202009 0.100 260.280 0.127
202012 -0.280 260.474 -0.355
202103 -0.003 264.877 -0.004
202106 0.140 271.696 0.170
202109 0.130 274.310 0.156
202112 -0.150 278.802 -0.178
202203 -0.200 287.504 -0.230
202206 -0.070 296.311 -0.078
202209 -0.200 296.808 -0.223
202212 -0.410 296.797 -0.456
202303 -0.280 301.836 -0.306
202306 0.040 305.109 0.043
202309 0.170 307.789 0.182
202312 0.100 306.746 0.108
202403 0.100 312.332 0.106
202406 0.420 314.175 0.441
202409 0.350 315.301 0.367
202412 -6.740 315.605 -7.052
202503 0.090 319.799 0.093
202506 0.540 322.561 0.553
202509 0.980 324.800 0.996
202512 0.760 324.054 0.774
202603 0.670 330.213 0.670

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 $0.08 mean?
Blackbaud (BLKB) has a E10 of $0.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Blackbaud and its competitors.
Is Blackbaud's E10 too high?
Blackbaud's current E10 is $0.08. Overall, Blackbaud has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blackbaud's E10 compare to CXM and KARO?
Blackbaud's E10 of $0.08 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 Blackbaud and its competitors. Blackbaud's current E10 is $0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackbaud stock overvalued right now?
Based on GuruFocus' analysis, Blackbaud (BLKB) is currently considered Possible Value Trap. The stock's GF Value™ is $84.52, compared to a current price of $27.36 — trading 67.6% below its estimated fair value. The current E10 is $0.08. Blackbaud's overall GF Score™ is 53/100 with 6 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 Blackbaud (BLKB), the current E10 is $0.08 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 Blackbaud (BLKB) Overvalued in 2026?

Based on GuruFocus' analysis, Blackbaud stock appears to be undervalued. The current stock price of $27.36 is trading 67.6% below its estimated GF Value™ of $84.52. GuruFocus considers Blackbaud to be Possible Value Trap.

Key valuation signals for BLKB:

  • E10: $0.08
  • GF Value™: $84.52 vs. price of $27.36 (67.6% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Blackbaud Business Description

Address 65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
53GF Score

Get the complete analysis for BLKB

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

$27.36
Price
$84.52
GF Value