Salesforce (CHIX:FOOD) E10: €2.72 (As of Apr. 2026)


CHIX:FOOD Salesforce Inc CHIX:FOOD
84 GF Score
Price €134.50
GF Value €289.42
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Salesforce E10?

Salesforce CHIX:FOOD 84 E10 is €2.72 as of Apr. 2026. GuruFocus rates CHIX:FOOD with a GF Score™ of 84/100 and a GF Value™ of €289.42 (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.

Salesforce's adjusted earnings per share data for the three months ended in Apr. 2026 was €2.069. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.72 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Salesforce's average E10 Growth Rate was 42.90% per year. During the past 3 years, the average E10 Growth Rate was 51.70% per year. During the past 5 years, the average E10 Growth Rate was 41.90% 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 Salesforce was 110.50% per year. The lowest was -20.50% per year. And the median was 43.10% per year.

As of today (2026-06-26), Salesforce's current stock price is €134.50. Salesforce's E10 for the quarter that ended in Apr. 2026 was €2.72. Salesforce's Shiller PE Ratio of today is 49.45.

During the past 13 years, the highest Shiller PE Ratio of Salesforce was 5301.00. The lowest was 46.50. And the median was 241.45.


Salesforce  (CHIX:FOOd) 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.

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

Shiller PE Ratio=Share Price/E10
=134.50/2.72
=49.45

* 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 Salesforce was 5301.00. The lowest was 46.50. And the median was 241.45.


Be Aware

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


Salesforce E10 Related Terms


Salesforce E10 Historical Data

* Premium members only.

The historical data trend for Salesforce'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.

Salesforce E10 Chart

Salesforce 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 0.00 0.00 1.25 2.01 2.88

Salesforce 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 1.94 2.22 2.17 2.88 2.72

CHIX:FOOD vs SHOP, UBER, NOW: E10 Comparison

For the Software - Application subindustry, Salesforce'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.


Salesforce Shiller PE Ratio vs Software Industry

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

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


CHIX:FOOD
84GF Score
Salesforce Inc CHIX:FOOD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Salesforce 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, Salesforce'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)
=2.069/333.0200*333.0200
=2.069

Current CPI (Apr. 2026) = 333.0200.

Salesforce Quarterly Data

per share eps CPI Adj_EPS
201607 0.299 240.628 0.414
201610 -0.045 241.729 -0.062
201701 -0.066 242.839 -0.091
201704 0.001 244.524 0.001
201707 0.052 244.786 0.071
201710 0.119 246.663 0.161
201801 0.074 247.867 0.099
201804 0.375 250.546 0.498
201807 0.334 252.006 0.441
201810 0.113 252.885 0.149
201901 0.403 251.712 0.533
201904 0.436 255.548 0.568
201907 0.098 256.571 0.127
201910 -0.108 257.346 -0.140
202001 -0.252 257.971 -0.325
202004 0.101 256.389 0.131
202007 2.479 259.101 3.186
202010 0.978 260.388 1.251
202101 0.230 261.582 0.293
202104 0.418 267.054 0.521
202107 0.474 273.003 0.578
202110 0.405 276.589 0.488
202201 -0.027 281.148 -0.032
202204 0.028 289.109 0.032
202207 0.069 296.276 0.078
202210 0.213 298.012 0.238
202301 -0.093 299.170 -0.104
202304 0.182 303.363 0.200
202307 1.157 305.691 1.260
202310 1.184 307.671 1.282
202401 1.349 308.417 1.457
202404 1.454 313.548 1.544
202407 1.355 314.540 1.435
202410 1.450 315.664 1.530
202501 1.690 317.671 1.772
202504 1.415 320.795 1.469
202507 1.680 323.048 1.732
202510 1.881 0.000
202601 1.762 325.252 1.804
202604 2.069 333.020 2.069

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 €2.72 mean?
Salesforce (CHIX:FOOD) has a E10 of €2.72 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Salesforce and its competitors.
Is Salesforce's E10 too high?
Salesforce's current E10 is €2.72. Overall, Salesforce has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salesforce's E10 compare to SHOP and UBER?
Salesforce's E10 of €2.72 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 Salesforce and its competitors. Salesforce's current E10 is €2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salesforce stock overvalued right now?
Based on GuruFocus' analysis, Salesforce (CHIX:FOOD) is currently considered Significantly Undervalued. The stock's GF Value™ is €289.42, compared to a current price of €134.50 — trading 53.5% below its estimated fair value. The current E10 is €2.72. Salesforce's overall GF Score™ is 84/100 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 Salesforce (CHIX:FOOD), the current E10 is €2.72 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 Salesforce (CHIX:FOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Salesforce stock appears to be undervalued. The current stock price of €134.50 is trading 53.5% below its estimated GF Value™ of €289.42. GuruFocus considers Salesforce to be Significantly Undervalued.

Key valuation signals for CHIX:FOOD:

  • E10: €2.72
  • GF Value™: €289.42 vs. price of €134.50 (53.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Salesforce Business Description

Address 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
84GF Score

Get the complete analysis for CHIX:FOOD

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

€134.50
Price
€289.42
GF Value