Persistent Systems (BOM:533179) E10: ₹57.03 (As of Mar. 2026)

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BOM:533179 Persistent Systems Ltd BOM:533179
91 GF Score
Price ₹5,528.00
GF Value ₹6,772.71
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Persistent Systems E10?

Persistent Systems BOM:533179 +0.30% 91 E10 is ₹57.03 as of Mar. 2026. GuruFocus rates BOM:533179 with a GF Score™ of 91/100 and a GF Value™ of ₹6,772.71 (Modestly Undervalued). The stock has 2 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.

Persistent Systems's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹33.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹57.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Persistent Systems's average E10 Growth Rate was 24.30% per year. During the past 3 years, the average E10 Growth Rate was 20.30% per year. During the past 5 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 Persistent Systems was 20.30% per year. The lowest was 15.50% per year. And the median was 18.75% per year.

As of today (2026-08-02), Persistent Systems's current stock price is ₹5528.00. Persistent Systems's E10 for the quarter that ended in Mar. 2026 was ₹57.03. Persistent Systems's Shiller PE Ratio of today is 96.93.

During the past 13 years, the highest Shiller PE Ratio of Persistent Systems was 151.84. The lowest was 10.97. And the median was 77.85.


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
=5528.00/57.03
=96.93

* 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 10.97. And the median was 77.85.


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


Persistent Systems E10 Historical Data

* Premium members only.

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.

Persistent Systems E10 Chart

Persistent Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.29 32.86 38.82 45.86 57.03

Persistent Systems 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 45.86 48.79 51.79 54.18 57.03

BOM:533179 vs IBM, ACN, FISV: E10 Comparison

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 Shiller PE Ratio vs 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.


BOM:533179
91GF Score
Persistent Systems Ltd BOM:533179
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=33.55/164.2724*164.2724
=33.550

Current CPI (Mar. 2026) = 164.2724.

Persistent Systems Quarterly Data

per share eps CPI Adj_EPS
201606 4.580 105.961 7.100
201609 4.595 105.961 7.124
201612 5.120 105.196 7.995
201703 4.550 105.196 7.105
201706 4.695 107.109 7.201
201709 5.165 109.021 7.783
201712 5.730 109.404 8.604
201803 4.610 109.786 6.898
201806 5.460 111.317 8.057
201809 5.510 115.142 7.861
201812 5.730 115.142 8.175
201903 5.295 118.202 7.359
201906 5.325 120.880 7.237
201909 5.630 123.175 7.508
201912 5.750 126.235 7.483
202003 5.485 124.705 7.225
202006 5.890 127.000 7.619
202009 6.670 130.118 8.421
202012 7.910 130.889 9.927
202103 9.015 131.771 11.239
202106 9.895 134.084 12.123
202109 10.580 135.847 12.794
202112 11.540 138.161 13.721
202203 13.150 138.822 15.561
202206 13.840 142.347 15.972
202209 14.395 144.661 16.346
202212 15.570 145.763 17.547
202303 16.455 146.865 18.405
202306 14.870 150.280 16.255
202309 17.110 151.492 18.553
202312 18.600 152.924 19.980
202403 20.480 153.035 21.984
202406 19.890 155.789 20.973
202409 20.980 157.882 21.829
202412 23.930 158.323 24.829
202503 25.390 157.552 26.473
202506 27.210 159.755 27.979
202509 30.150 162.289 30.518
202512 27.940 163.281 28.110
202603 33.550 164.272 33.550

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 ₹57.03 mean?
Persistent Systems (BOM:533179) has a E10 of ₹57.03 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Persistent Systems and its competitors.
Is Persistent Systems' E10 too high?
Persistent Systems' current E10 is ₹57.03. Overall, Persistent Systems has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persistent Systems' E10 compare to IBM and ACN?
Persistent Systems' E10 of ₹57.03 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 Persistent Systems and its competitors. Persistent Systems's current E10 is ₹57.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistent Systems stock overvalued right now?
Based on GuruFocus' analysis, Persistent Systems (BOM:533179) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6,772.71, compared to a current price of ₹5,528.00 — trading 18.4% below its estimated fair value. The current E10 is ₹57.03. Persistent Systems' overall GF Score™ is 91/100 with 2 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 Persistent Systems (BOM:533179), the current E10 is ₹57.03 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 Persistent Systems (BOM:533179) Overvalued in 2026?

Based on GuruFocus' analysis, Persistent Systems stock appears to be undervalued. The current stock price of ₹5,528.00 is trading 18.4% below its estimated GF Value™ of ₹6,772.71. GuruFocus considers Persistent Systems to be Modestly Undervalued.

Key valuation signals for BOM:533179:

  • E10: ₹57.03
  • GF Value™: ₹6,772.71 vs. price of ₹5,528.00 (18.4% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the BOM:533179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Persistent Systems Business Description

Other Exchanges PERSISTENT:India
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.
91GF Score

Get the complete analysis for BOM:533179

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

₹5,528.00
Price
₹6,772.71
GF Value