GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cisco Systems Inc (CHIX:CISd) » Definitions » E10

Cisco Systems (CHIX:CISD) E10 : €2.56 (As of Jan. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Cisco 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.

Cisco Systems's adjusted earnings per share data for the three months ended in Jan. 2025 was €0.589. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.56 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Cisco Systems's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 8.10% per year. During the past 5 years, the average E10 Growth Rate was 9.20% per year. During the past 10 years, the average E10 Growth Rate was 6.60% 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 11.30% per year.

As of today (2025-03-26), Cisco Systems's current stock price is €56.74. Cisco Systems's E10 for the quarter that ended in Jan. 2025 was €2.56. Cisco Systems's Shiller PE Ratio of today is 22.16.

During the past 13 years, the highest Shiller PE Ratio of Cisco Systems was 35.03. The lowest was 15.26. And the median was 21.74.


Cisco Systems E10 Historical Data

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.

* Premium members only.

Cisco Systems E10 Chart

Cisco Systems Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.49 0.67 2.25 2.39

Cisco Systems Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.44 2.47 2.39 2.46 2.56

Competitive Comparison of Cisco Systems's E10

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's Shiller PE Ratio Distribution in the 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.



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 Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.589/134.0288*134.0288
=0.589

Current CPI (Jan. 2025) = 134.0288.

Cisco Systems Quarterly Data

per share eps CPI Adj_EPS
201504 0.434 99.824 0.583
201507 0.409 100.691 0.544
201510 0.428 100.346 0.572
201601 0.571 99.957 0.766
201604 0.405 100.947 0.538
201607 0.507 101.524 0.669
201610 0.418 101.988 0.549
201701 0.442 102.456 0.578
201704 0.467 103.167 0.607
201707 0.416 103.278 0.540
201710 0.408 104.070 0.525
201801 -1.460 104.578 -1.871
201804 0.456 105.708 0.578
201807 0.693 106.324 0.874
201810 0.670 106.695 0.842
201901 0.552 106.200 0.697
201904 0.614 107.818 0.763
201907 0.455 108.250 0.563
201910 0.615 108.577 0.759
202001 0.613 108.841 0.755
202004 0.598 108.173 0.741
202007 0.539 109.318 0.661
202010 0.434 109.861 0.529
202101 0.493 110.364 0.599
202104 0.568 112.673 0.676
202107 0.601 115.183 0.699
202110 0.603 116.696 0.693
202201 0.628 118.619 0.710
202204 0.676 121.978 0.743
202207 0.668 125.002 0.716
202210 0.660 125.734 0.704
202301 0.622 126.223 0.660
202304 0.711 127.992 0.745
202307 0.877 128.974 0.911
202310 0.843 129.810 0.870
202401 0.597 130.124 0.615
202404 0.429 132.289 0.435
202407 0.498 132.708 0.503
202410 0.624 133.182 0.628
202501 0.589 134.029 0.589

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


Cisco Systems  (CHIX:CISd) 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
=56.74/2.56
=22.16

* 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 35.03. The lowest was 15.26. And the median was 21.74.


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

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


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.

Cisco Systems Headlines

No Headlines