Workday (BSP:W1DA34) E10: R$-0.05 (As of Apr. 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
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:W1DA34 Workday Inc BSP:W1DA34
74 GF Score
Price R$46.48
GF Value R$101.09
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Workday E10?

Workday BSP:W1DA34 +5.06% 74 E10 is R$-0.05 as of Apr. 2026. GuruFocus rates BSP:W1DA34 with a GF Score™ of 74/100 and a GF Value™ of R$101.09 (Significantly Undervalued). The stock has 3 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.

Workday's adjusted earnings per share data for the three months ended in Apr. 2026 was R$0.274. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.05 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average E10 Growth Rate was 44.30% 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 Workday was 44.30% per year. The lowest was 21.60% per year. And the median was 32.95% per year.

As of today (2026-07-14), Workday's current stock price is R$46.48. Workday's E10 for the quarter that ended in Apr. 2026 was R$-0.05. Workday's Shiller PE Ratio of today is .


Workday  (BSP:W1DA34) 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.


Workday E10 Related Terms


Workday E10 Historical Data

* Premium members only.

The historical data trend for Workday'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.

Workday E10 Chart

Workday Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.51 -0.35 -0.28 -0.09

Workday 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 -0.23 -0.20 -0.14 -0.09 -0.05

BSP:W1DA34 vs MSTR, FICO, ROP: E10 Comparison

For the Software - Application subindustry, Workday'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.


Workday Shiller PE Ratio vs Software Industry

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

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


BSP:W1DA34
74GF Score
Workday Inc BSP:W1DA34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Workday 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, Workday'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)
=0.274/333.0200*333.0200
=0.274

Current CPI (Apr. 2026) = 333.0200.

Workday Quarterly Data

per share eps CPI Adj_EPS
201607 -0.113 240.628 -0.156
201610 -0.110 241.729 -0.152
201701 -0.104 242.839 -0.143
201704 -0.061 244.524 -0.083
201707 -0.080 244.786 -0.109
201710 -0.082 246.663 -0.111
201801 -0.084 247.867 -0.113
201804 -0.075 250.546 -0.100
201807 -0.096 252.006 -0.127
201810 -0.165 252.885 -0.217
201901 -0.110 251.712 -0.146
201904 -0.127 255.548 -0.166
201907 -0.125 256.571 -0.162
201910 -0.130 257.346 -0.168
202001 -0.145 257.971 -0.187
202004 -0.226 256.389 -0.294
202007 -0.040 259.101 -0.051
202010 -0.035 260.388 -0.045
202101 -0.101 261.582 -0.129
202104 -0.066 267.054 -0.082
202107 0.132 273.003 0.161
202110 0.059 276.589 0.071
202201 -0.100 281.148 -0.118
202204 -0.122 289.109 -0.141
202207 -0.084 296.276 -0.094
202210 -0.095 298.012 -0.106
202301 -0.159 299.170 -0.177
202304 0.000 303.363 0.000
202307 0.090 305.691 0.098
202310 0.136 307.671 0.147
202401 1.359 308.417 1.467
202404 0.128 313.548 0.136
202407 0.170 314.540 0.180
202410 0.253 315.664 0.267
202501 0.131 317.671 0.137
202504 0.090 320.795 0.093
202507 0.290 323.048 0.299
202510 0.316 0.000
202601 0.183 325.252 0.187
202604 0.274 333.020 0.274

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$-0.05 mean?
Workday (BSP:W1DA34) has a E10 of R$-0.05 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Workday and its competitors.
Is Workday's E10 too high?
Workday's current E10 is R$-0.05. Overall, Workday has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workday's E10 compare to MSTR and FICO?
Workday's E10 of R$-0.05 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 Workday and its competitors. Workday's current E10 is R$-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workday stock overvalued right now?
Based on GuruFocus' analysis, Workday (BSP:W1DA34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$101.09, compared to a current price of R$46.48 — trading 54% below its estimated fair value. The current E10 is R$-0.05. Workday's overall GF Score™ is 74/100 with 3 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 Workday (BSP:W1DA34), the current E10 is R$-0.05 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 Workday (BSP:W1DA34) Overvalued in 2026?

Based on GuruFocus' analysis, Workday stock appears to be undervalued. The current stock price of R$46.48 is trading 54% below its estimated GF Value™ of R$101.09. GuruFocus considers Workday to be Significantly Undervalued.

Key valuation signals for BSP:W1DA34:

  • E10: R$-0.05
  • GF Value™: R$101.09 vs. price of R$46.48 (54% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the BSP:W1DA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workday Business Description

Address 6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
74GF Score

Get the complete analysis for BSP:W1DA34

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

R$46.48
Price
R$101.09
GF Value