Temenos AG (CHIX:TEMNZ) E10: CHF2.30 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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CHIX:TEMNZ Temenos AG CHIX:TEMNZ
78 GF Score
Price CHF67.85
GF Value CHF69.33
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Temenos AG E10?

Temenos AG CHIX:TEMNZ -0.44% 78 E10 is CHF2.30 as of Jun. 2026. GuruFocus rates CHIX:TEMNZ with a GF Score™ of 78/100 and a GF Value™ of CHF69.33 (Fairly Valued). The stock has 4 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.

Temenos AG's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF0.799. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF2.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Temenos AG's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was 10.30% 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 Temenos AG was 21.40% per year. The lowest was 7.00% per year. And the median was 15.75% per year.

As of today (2026-08-03), Temenos AG's current stock price is CHF67.85. Temenos AG's E10 for the quarter that ended in Jun. 2026 was CHF2.30. Temenos AG's Shiller PE Ratio of today is 29.50.

During the past 13 years, the highest Shiller PE Ratio of Temenos AG was 227.44. The lowest was 26.25. And the median was 84.30.


Temenos AG  (CHIX:TEMNz) 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.

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

Shiller PE Ratio=Share Price/E10
=67.85/2.30
=29.50

* 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 Temenos AG was 227.44. The lowest was 26.25. And the median was 84.30.


Be Aware

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


Temenos AG E10 Related Terms


Temenos AG E10 Historical Data

* Premium members only.

The historical data trend for Temenos AG'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.

Temenos AG E10 Chart

Temenos AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 6.07 1.87 1.94 2.20

Temenos AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.19 2.21 2.20 2.24 2.30

CHIX:TEMNZ vs QH, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Temenos AG'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.


Temenos AG Shiller PE Ratio vs Software Industry

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

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


CHIX:TEMNZ
78GF Score
Temenos AG CHIX:TEMNZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Temenos AG 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, Temenos AG's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.799/108.5600*108.5600
=0.799

Current CPI (Jun. 2026) = 108.5600.

Temenos AG Quarterly Data

per share eps CPI Adj_EPS
201609 0.448 99.604 0.488
201612 0.785 99.380 0.858
201703 0.170 100.040 0.184
201706 0.339 100.285 0.367
201709 0.529 100.254 0.573
201712 0.819 100.213 0.887
201803 0.218 100.836 0.235
201806 0.455 101.435 0.487
201809 0.629 101.246 0.674
201812 0.962 100.906 1.035
201903 0.340 101.571 0.363
201906 0.613 102.044 0.652
201909 0.674 101.396 0.722
201912 0.835 101.063 0.897
202003 0.038 101.048 0.041
202006 0.561 100.743 0.605
202009 0.512 100.585 0.553
202012 1.066 100.241 1.154
202103 0.270 100.800 0.291
202106 0.590 101.352 0.632
202109 0.360 101.533 0.385
202112 0.985 101.776 1.051
202203 0.353 103.205 0.371
202206 0.495 104.783 0.513
202209 0.029 104.835 0.030
202212 0.615 104.666 0.638
202303 0.389 106.245 0.397
202306 0.477 106.576 0.486
202309 0.270 106.570 0.275
202312 0.519 106.461 0.529
202403 0.391 107.355 0.395
202406 0.447 107.991 0.449
202409 0.364 107.468 0.368
202412 0.963 107.128 0.976
202503 0.353 107.722 0.356
202506 1.878 108.075 1.886
202509 0.517 107.710 0.521
202512 0.494 107.200 0.500
202603 0.457 108.060 0.459
202606 0.799 108.560 0.799

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 CHF2.30 mean?
Temenos AG (CHIX:TEMNZ) has a E10 of CHF2.30 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Temenos AG and its competitors.
Is Temenos AG's E10 too high?
Temenos AG's current E10 is CHF2.30. Overall, Temenos AG has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Temenos AG's E10 compare to QH and SHOP?
Temenos AG's E10 of CHF2.30 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 Temenos AG and its competitors. Temenos AG's current E10 is CHF2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Temenos AG stock overvalued right now?
Based on GuruFocus' analysis, Temenos AG (CHIX:TEMNZ) is currently considered Fairly Valued. The stock's GF Value™ is CHF69.33, compared to a current price of CHF67.85 — trading 2.1% below its estimated fair value. The current E10 is CHF2.30. Temenos AG's overall GF Score™ is 78/100 with 4 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 Temenos AG (CHIX:TEMNZ), the current E10 is CHF2.30 as of Jun. 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 Temenos AG (CHIX:TEMNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Temenos AG stock appears to be undervalued. The current stock price of CHF67.85 is trading 2.1% below its estimated GF Value™ of CHF69.33. GuruFocus considers Temenos AG to be Fairly Valued.

Key valuation signals for CHIX:TEMNZ:

  • E10: CHF2.30
  • GF Value™: CHF69.33 vs. price of CHF67.85 (2.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Temenos AG Business Description

Address Esplanade de Pont-Rouge 9C, Geneva, CHE, 1212
Temenos is a Swiss company that provides banking software to financial institutions around the world. Its main product is core banking software that helps banks manage accounts, customer information, transaction processing, loans, security, and financial reporting. Besides core banking software, Temenos offers products for digital banking, payments, wealth management, compliance, and analytics to help banks improve customer experience and meet regulatory requirements.
78GF Score

Get the complete analysis for CHIX:TEMNZ

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

CHF67.85
Price
CHF69.33
GF Value