Cisco Systems (BSP:CSCO34) E10: R$2.74 (As of Apr. 2026)


BSP:CSCO34 Cisco Systems Inc BSP:CSCO34
71 GF Score
Price R$115.84
GF Value R$69.54
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Cisco Systems E10?

Cisco Systems BSP:CSCO34 -7.17% 71 E10 is R$2.74 as of Apr. 2026. GuruFocus rates BSP:CSCO34 with a GF Score™ of 71/100 and a GF Value™ of R$69.54 (Significantly Overvalued). The stock has 9 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.

Cisco Systems's adjusted earnings per share data for the three months ended in Apr. 2026 was R$0.856. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$2.74 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Cisco Systems's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 8.00% per year. During the past 10 years, the average E10 Growth Rate was 6.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cisco Systems was 29.60% per year. The lowest was 2.20% per year. And the median was 11.25% per year.

As of today (2026-06-27), Cisco Systems's current stock price is R$115.84. Cisco Systems's E10 for the quarter that ended in Apr. 2026 was R$2.74. Cisco Systems's Shiller PE Ratio of today is 42.28.

During the past 13 years, the highest Shiller PE Ratio of Cisco Systems was 43.60. The lowest was 17.24. And the median was 23.74.


Cisco Systems  (BSP:CSCO34) 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.

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

Shiller PE Ratio=Share Price/E10
=115.84/2.74
=42.28

* 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 Cisco Systems was 43.60. The lowest was 17.24. And the median was 23.74.


Be Aware

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


Cisco Systems E10 Related Terms


Cisco Systems E10 Historical Data

* Premium members only.

The historical data trend for Cisco 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.

Cisco Systems E10 Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.39 2.32 2.94 3.04

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.01 3.04 2.91 2.82 2.74

BSP:CSCO34 vs CIEN, MSI, LITE: E10 Comparison

For the Communication Equipment subindustry, Cisco 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.


Cisco Systems Shiller PE Ratio vs Hardware Industry

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

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


BSP:CSCO34
71GF Score
Cisco Systems Inc BSP:CSCO34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cisco 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, Cisco Systems's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.856/333.0200*333.0200
=0.856

Current CPI (Apr. 2026) = 333.0200.

Cisco Systems Quarterly Data

per share eps CPI Adj_EPS
201607 0.367 240.628 0.508
201610 0.293 241.729 0.404
201701 0.300 242.839 0.411
201704 0.314 244.524 0.428
201707 0.307 244.786 0.418
201710 0.306 246.663 0.413
201801 -1.143 247.867 -1.536
201804 0.382 250.546 0.508
201807 0.619 252.006 0.818
201810 0.579 252.885 0.762
201901 0.471 251.712 0.623
201904 0.538 255.548 0.701
201907 0.385 256.571 0.500
201910 0.555 257.346 0.718
202001 0.565 257.971 0.729
202004 0.691 256.389 0.898
202007 0.654 259.101 0.841
202010 0.574 260.388 0.734
202101 0.644 261.582 0.820
202104 0.757 267.054 0.944
202107 0.733 273.003 0.894
202110 0.776 276.589 0.934
202201 0.785 281.148 0.930
202204 0.694 289.109 0.799
202207 0.730 296.276 0.821
202210 0.683 298.012 0.763
202301 0.696 299.170 0.775
202304 0.783 303.363 0.860
202307 0.931 305.691 1.014
202310 0.900 307.671 0.974
202401 0.639 308.417 0.690
202404 0.472 313.548 0.501
202407 0.599 314.540 0.634
202410 0.765 315.664 0.807
202501 0.733 317.671 0.768
202504 0.718 320.795 0.745
202507 0.786 323.048 0.810
202510 0.775 0.000
202601 0.853 325.252 0.873
202604 0.856 333.020 0.856

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 R$2.74 mean?
Cisco Systems (BSP:CSCO34) has a E10 of R$2.74 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cisco Systems and its competitors.
Is Cisco Systems' E10 too high?
Cisco Systems' current E10 is R$2.74. Overall, Cisco Systems has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' E10 compare to CIEN and MSI?
Cisco Systems' E10 of R$2.74 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Cisco Systems and its competitors. Cisco Systems's current E10 is R$2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Based on GuruFocus' analysis, Cisco Systems (BSP:CSCO34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$69.54, compared to a current price of R$115.84 — trading 66.6% above its estimated fair value. The current E10 is R$2.74. Cisco Systems' overall GF Score™ is 71/100 with 9 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 Cisco Systems (BSP:CSCO34), the current E10 is R$2.74 as of Apr. 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 Cisco Systems (BSP:CSCO34) Overvalued in 2026?

Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued. The current stock price of R$115.84 is trading 66.6% above its estimated GF Value™ of R$69.54. GuruFocus considers Cisco Systems to be Significantly Overvalued.

Key valuation signals for BSP:CSCO34:

  • E10: R$2.74
  • GF Value™: R$69.54 vs. price of R$115.84 (66.6% above fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the BSP:CSCO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cisco Systems Business Description

Address 170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
71GF Score

Get the complete analysis for BSP:CSCO34

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

R$115.84
Price
R$69.54
GF Value