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CYBR (CyberArk Software) E10 : $-0.13 (As of Sep. 2024)


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What is CyberArk Software 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.

CyberArk Software's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.13 for the trailing ten years ended in Sep. 2024.

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 (2024-12-14), CyberArk Software's current stock price is $313.36. CyberArk Software's E10 for the quarter that ended in Sep. 2024 was $-0.13. CyberArk Software's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of CyberArk Software was 3786.25. The lowest was 576.41. And the median was 1051.71.


CyberArk Software E10 Historical Data

The historical data trend for CyberArk Software'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.

CyberArk Software E10 Chart

CyberArk Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 -0.12

CyberArk Software Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.15 -0.12 -0.10 -0.14 -0.13

Competitive Comparison of CyberArk Software's E10

For the Software - Infrastructure subindustry, CyberArk Software'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.


CyberArk Software's Shiller PE Ratio Distribution in the Software Industry

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

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



CyberArk Software 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, CyberArk Software's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.25/133.0289*133.0289
=0.250

Current CPI (Sep. 2024) = 133.0289.

CyberArk Software Quarterly Data

per share eps CPI Adj_EPS
201412 0.190 99.070 0.255
201503 0.120 99.621 0.160
201506 0.140 100.684 0.185
201509 0.190 100.392 0.252
201512 0.280 99.792 0.373
201603 0.120 100.470 0.159
201606 0.180 101.688 0.235
201609 0.200 101.861 0.261
201612 0.280 101.863 0.366
201703 0.210 102.862 0.272
201706 0.090 103.349 0.116
201709 0.050 104.136 0.064
201712 0.100 104.011 0.128
201803 0.180 105.290 0.227
201806 0.230 106.317 0.288
201809 0.220 106.507 0.275
201812 0.640 105.998 0.803
201903 0.360 107.251 0.447
201906 0.340 108.070 0.419
201909 0.390 108.329 0.479
201912 0.530 108.420 0.650
202003 0.060 108.902 0.073
202006 -0.110 108.767 -0.135
202009 -0.410 109.815 -0.497
202012 0.300 109.897 0.363
202103 -0.390 111.754 -0.464
202106 -0.580 114.631 -0.673
202109 -0.730 115.734 -0.839
202112 -0.420 117.630 -0.475
202203 -0.940 121.301 -1.031
202206 -0.930 125.017 -0.990
202209 -0.800 125.227 -0.850
202212 -0.540 125.222 -0.574
202303 -0.850 127.348 -0.888
202306 -0.620 128.729 -0.641
202309 -0.350 129.860 -0.359
202312 0.200 129.419 0.206
202403 0.130 131.776 0.131
202406 -0.300 132.554 -0.301
202409 0.250 133.029 0.250

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


CyberArk Software  (NAS:CYBR) 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.

During the past 13 years, the highest Shiller P/E Ratio of CyberArk Software was 3786.25. The lowest was 576.41. And the median was 1051.71.


Be Aware

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


CyberArk Software E10 Related Terms

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


CyberArk Software Business Description

Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.