Atlassian (BSP:T1AM34) E10: R$-0.45 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:T1AM34 Atlassian Corp BSP:T1AM34
71 GF Score
Price R$24.64
GF Value R$72.13
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Atlassian E10?

Atlassian BSP:T1AM34 +2.88% 71 E10 is R$-0.45 as of Mar. 2026. GuruFocus rates BSP:T1AM34 with a GF Score™ of 71/100 and a GF Value™ of R$72.13 (Significantly 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.

Atlassian's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.099. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.45 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-21), Atlassian's current stock price is R$24.64. Atlassian's E10 for the quarter that ended in Mar. 2026 was R$-0.45. Atlassian's Shiller PE Ratio of today is .


Atlassian  (BSP:T1AM34) 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.


Atlassian E10 Related Terms


Atlassian E10 Historical Data

* Premium members only.

The historical data trend for Atlassian'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.

Atlassian E10 Chart

Atlassian Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.41 -0.44

Atlassian 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 -0.46 -0.44 -0.44 -0.46 -0.45

BSP:T1AM34 vs SSNC, ZM, GRAB: E10 Comparison

For the Software - Application subindustry, Atlassian'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.


Atlassian Shiller PE Ratio vs Software Industry

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

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


BSP:T1AM34
71GF Score
Atlassian Corp BSP:T1AM34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlassian 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, Atlassian'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)
=-0.099/330.2130*330.2130
=-0.099

Current CPI (Mar. 2026) = 330.2130.

Atlassian Quarterly Data

per share eps CPI Adj_EPS
201606 -0.003 241.018 -0.004
201609 -0.002 241.428 -0.003
201612 -0.002 241.432 -0.003
201703 -0.013 243.801 -0.018
201706 -0.015 244.955 -0.020
201709 -0.008 246.819 -0.011
201712 -0.046 246.524 -0.062
201803 -0.011 249.554 -0.015
201806 -0.021 251.989 -0.028
201809 -0.212 252.439 -0.277
201812 0.035 251.233 0.046
201903 -0.163 254.202 -0.212
201906 -0.191 256.143 -0.246
201909 0.058 256.759 0.075
201912 0.101 256.974 0.130
202003 -0.159 258.115 -0.203
202006 -0.405 257.797 -0.519
202009 -0.024 260.280 -0.030
202012 -0.641 260.474 -0.813
202103 0.178 264.877 0.222
202106 -0.214 271.696 -0.260
202109 -0.430 274.310 -0.518
202112 -0.025 278.802 -0.030
202203 0.005 287.504 0.006
202206 -0.103 296.311 -0.115
202209 -0.013 296.808 -0.014
202212 -0.210 296.797 -0.234
202303 -0.211 301.836 -0.231
202306 -0.056 305.109 -0.061
202309 -0.030 307.789 -0.032
202312 -0.081 306.746 -0.087
202403 0.012 312.332 0.013
202406 -0.205 314.175 -0.215
202409 -0.133 315.301 -0.139
202412 -0.046 315.605 -0.048
202503 -0.078 319.799 -0.081
202506 -0.025 322.561 -0.026
202509 -0.054 324.800 -0.055
202512 -0.044 324.054 -0.045
202603 -0.099 330.213 -0.099

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$-0.45 mean?
Atlassian (BSP:T1AM34) has a E10 of R$-0.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Atlassian and its competitors.
Is Atlassian's E10 too high?
Atlassian's current E10 is R$-0.45. Overall, Atlassian has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlassian's E10 compare to SSNC and ZM?
Atlassian's E10 of R$-0.45 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 Atlassian and its competitors. Atlassian's current E10 is R$-0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlassian stock overvalued right now?
Based on GuruFocus' analysis, Atlassian (BSP:T1AM34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$72.13, compared to a current price of R$24.64 — trading 65.8% below its estimated fair value. The current E10 is R$-0.45. Atlassian's overall GF Score™ is 71/100 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 Atlassian (BSP:T1AM34), the current E10 is R$-0.45 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 Atlassian (BSP:T1AM34) Overvalued in 2026?

Based on GuruFocus' analysis, Atlassian stock appears to be undervalued. The current stock price of R$24.64 is trading 65.8% below its estimated GF Value™ of R$72.13. GuruFocus considers Atlassian to be Significantly Undervalued.

Key valuation signals for BSP:T1AM34:

  • E10: R$-0.45
  • GF Value™: R$72.13 vs. price of R$24.64 (65.8% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the BSP:T1AM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atlassian Business Description

Address 350 Bush Street, Floor 13, San Francisco, CA, USA, 94104
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
71GF Score

Get the complete analysis for BSP:T1AM34

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

R$24.64
Price
R$72.13
GF Value