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Persistent Systems (BOM:533179) E10 : ₹44.40 (As of Dec. 2024)


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What is Persistent Systems 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.

Persistent Systems's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹23.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹44.40 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Persistent Systems's average E10 Growth Rate was 18.80% per year. During the past 3 years, the average E10 Growth Rate was 14.30% 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 Persistent Systems was 14.30% per year. The lowest was 12.40% per year. And the median was 13.35% per year.

As of today (2025-04-03), Persistent Systems's current stock price is ₹5315.25. Persistent Systems's E10 for the quarter that ended in Dec. 2024 was ₹44.40. Persistent Systems's Shiller PE Ratio of today is 119.71.

During the past 13 years, the highest Shiller PE Ratio of Persistent Systems was 151.84. The lowest was 10.12. And the median was 71.36.


Persistent Systems E10 Historical Data

The historical data trend for Persistent Systems'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.

Persistent Systems E10 Chart

Persistent Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.14 25.94 27.29 32.86 38.82

Persistent Systems Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 37.38 38.82 40.72 42.67 44.40

Competitive Comparison of Persistent Systems's E10

For the Information Technology Services subindustry, Persistent Systems'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.


Persistent Systems's Shiller PE Ratio Distribution in the Software Industry

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

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


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Persistent Systems 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, Persistent Systems's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=23.93/158.3229*158.3229
=23.930

Current CPI (Dec. 2024) = 158.3229.

Persistent Systems Quarterly Data

per share eps CPI Adj_EPS
201503 4.755 97.163 7.748
201506 3.510 99.841 5.566
201509 4.905 101.753 7.632
201512 4.350 102.901 6.693
201603 4.570 102.518 7.058
201606 4.580 105.961 6.843
201609 4.595 105.961 6.866
201612 5.120 105.196 7.706
201703 4.550 105.196 6.848
201706 4.695 107.109 6.940
201709 5.165 109.021 7.501
201712 5.730 109.404 8.292
201803 4.605 109.786 6.641
201806 5.460 111.317 7.766
201809 5.510 115.142 7.576
201812 5.730 115.142 7.879
201903 5.295 118.202 7.092
201906 5.325 120.880 6.974
201909 5.630 123.175 7.237
201912 5.750 126.235 7.212
202003 5.485 124.705 6.964
202006 5.890 127.000 7.343
202009 6.670 130.118 8.116
202012 7.910 130.889 9.568
202103 9.015 131.771 10.832
202106 9.895 134.084 11.684
202109 10.580 135.847 12.330
202112 11.540 138.161 13.224
202203 13.150 138.822 14.997
202206 13.840 142.347 15.393
202209 14.395 144.661 15.754
202212 15.570 145.763 16.912
202303 16.455 146.865 17.739
202306 14.870 150.280 15.666
202309 17.110 151.492 17.882
202312 18.600 152.924 19.257
202403 20.480 153.035 21.188
202406 19.890 155.789 20.214
202409 20.980 157.882 21.039
202412 23.930 158.323 23.930

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


Persistent Systems  (BOM:533179) 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.

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

Shiller PE Ratio=Share Price/E10
=5315.25/44.40
=119.71

* 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 Persistent Systems was 151.84. The lowest was 10.12. And the median was 71.36.


Be Aware

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


Persistent Systems E10 Related Terms

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


Persistent Systems Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market: Software, Hi-Tech, and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. The majority of the firm's revenue gets derived from the Software, Hi-Tech, and Emerging Industries segments.

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