PDF Solutions (FRA:PD9) E10: €-0.19 (As of Mar. 2026)


FRA:PD9 PDF Solutions Inc FRA:PD9
76 GF Score
Price €54.50
GF Value €34.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is PDF Solutions E10?

PDF Solutions FRA:PD9 -5.22% 76 E10 is €-0.19 as of Mar. 2026. GuruFocus rates FRA:PD9 with a GF Score™ of 76/100 and a GF Value™ of €34.35 (Significantly Overvalued). The stock has 6 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.

PDF Solutions's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.104. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.19 for the trailing ten years ended in Mar. 2026.

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 PDF Solutions was 17.30% per year. The lowest was -27.00% per year. And the median was 12.25% per year.

As of today (2026-06-30), PDF Solutions's current stock price is €54.50. PDF Solutions's E10 for the quarter that ended in Mar. 2026 was €-0.19. PDF Solutions's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of PDF Solutions was 3161.00. The lowest was 36.64. And the median was 134.81.


PDF Solutions  (FRA:PD9) 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 PDF Solutions was 3161.00. The lowest was 36.64. And the median was 134.81.


Be Aware

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


PDF Solutions E10 Related Terms


PDF Solutions E10 Historical Data

* Premium members only.

The historical data trend for PDF Solutions'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.

PDF Solutions E10 Chart

PDF Solutions 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 0.06 -0.01 -0.08 -0.16 0.00

PDF Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.17 -0.17 -0.18 0.00 -0.19

FRA:PD9 vs FSLY, KC, FRSH: E10 Comparison

For the Software - Application subindustry, PDF Solutions'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.


PDF Solutions Shiller PE Ratio vs Software Industry

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

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


FRA:PD9
76GF Score
PDF Solutions Inc FRA:PD9
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PDF Solutions 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, PDF Solutions's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.104/330.2130*330.2130
=0.104

Current CPI (Mar. 2026) = 330.2130.

PDF Solutions Quarterly Data

per share eps CPI Adj_EPS
201606 0.062 241.018 0.085
201609 0.053 241.428 0.072
201612 0.085 241.432 0.116
201703 0.019 243.801 0.026
201706 0.009 244.955 0.012
201709 0.017 246.819 0.023
201712 -0.068 246.524 -0.091
201803 -0.008 249.554 -0.011
201806 -0.060 251.989 -0.079
201809 -0.051 252.439 -0.067
201812 -0.088 251.233 -0.116
201903 -0.071 254.202 -0.092
201906 -0.018 256.143 -0.023
201909 -0.018 256.759 -0.023
201912 -0.036 256.974 -0.046
202003 -0.018 258.115 -0.023
202006 -0.098 257.797 -0.126
202009 -0.068 260.280 -0.086
202012 -0.748 260.474 -0.948
202103 -0.176 264.877 -0.219
202106 -0.100 271.696 -0.122
202109 -0.051 274.310 -0.061
202112 -0.168 278.802 -0.199
202203 -0.100 287.504 -0.115
202206 -0.028 296.311 -0.031
202209 0.040 296.808 0.045
202212 0.009 296.797 0.010
202303 0.009 301.836 0.010
202306 0.157 305.109 0.170
202309 -0.122 307.789 -0.131
202312 0.018 306.746 0.019
202403 -0.009 312.332 -0.010
202406 0.037 314.175 0.039
202409 0.054 315.301 0.057
202412 0.010 315.605 0.010
202503 -0.074 319.799 -0.076
202506 0.026 322.561 0.027
202509 0.026 324.800 0.026
202512 0.000 324.054 0.000
202603 0.104 330.213 0.104

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 €-0.19 mean?
PDF Solutions (FRA:PD9) has a E10 of €-0.19 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PDF Solutions and its competitors.
Is PDF Solutions' E10 too high?
PDF Solutions' current E10 is €-0.19. Overall, PDF Solutions has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PDF Solutions' E10 compare to FSLY and KC?
PDF Solutions' E10 of €-0.19 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 PDF Solutions and its competitors. PDF Solutions's current E10 is €-0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDF Solutions stock overvalued right now?
Based on GuruFocus' analysis, PDF Solutions (FRA:PD9) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.35, compared to a current price of €54.50 — trading 58.7% above its estimated fair value. The current E10 is €-0.19. PDF Solutions' overall GF Score™ is 76/100 with 6 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 PDF Solutions (FRA:PD9), the current E10 is €-0.19 as of Mar. 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 PDF Solutions (FRA:PD9) Overvalued in 2026?

Based on GuruFocus' analysis, PDF Solutions stock appears to be overvalued. The current stock price of €54.50 is trading 58.7% above its estimated GF Value™ of €34.35. GuruFocus considers PDF Solutions to be Significantly Overvalued.

Key valuation signals for FRA:PD9:

  • E10: €-0.19
  • GF Value™: €34.35 vs. price of €54.50 (58.7% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the FRA:PD9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PDF Solutions Business Description

Other Exchanges PDFS:USA
Address 2858 De La Cruz Boulevard, Santa Clara, CA, USA, 95050
PDF Solutions Inc provides products and services designed to empower organizations across the semiconductor and electronics ecosystem to connect, collect, manage, and analyze data about design, equipment, manufacturing, and test to improve the yield and quality of their products and operational efficiency. The Company's products, services, and solutions include proprietary software, physical intellectual property (IP) for integrated circuit (IC) designs, electrical measurement hardware tools, methodologies, and professional services.
76GF Score

Get the complete analysis for FRA:PD9

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

€54.50
Price
€34.35
GF Value