Pegasystems (FRA:PEA) E10: €-0.01 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:PEA Pegasystems Inc FRA:PEA
69 GF Score
Price €22.82
GF Value €34.89
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Pegasystems E10?

Pegasystems FRA:PEA +0.53% 69 E10 is €-0.01 as of Jun. 2026. GuruFocus rates FRA:PEA with a GF Score™ of 69/100 and a GF Value™ of €34.89 (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.

Pegasystems's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.069. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.01 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 54.30% 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 Pegasystems was 58.70% per year. The lowest was -51.00% per year. And the median was 11.75% per year.

As of today (2026-07-27), Pegasystems's current stock price is €22.82. Pegasystems's E10 for the quarter that ended in Jun. 2026 was €-0.01. Pegasystems's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Pegasystems was 2795.50. The lowest was 89.36. And the median was 290.25.


Pegasystems  (FRA:PEA) 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 Pegasystems was 2795.50. The lowest was 89.36. And the median was 290.25.


Be Aware

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


Pegasystems E10 Related Terms


Pegasystems E10 Historical Data

* Premium members only.

The historical data trend for Pegasystems'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.

Pegasystems E10 Chart

Pegasystems 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 0.02 -0.20 -0.19 -0.19 -0.02

Pegasystems 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 -0.12 -0.11 -0.02 -0.01 -0.01

FRA:PEA vs OCTV, BILL, SRAD: E10 Comparison

For the Software - Application subindustry, Pegasystems'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.


Pegasystems Shiller PE Ratio vs Software Industry

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

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


FRA:PEA
69GF Score
Pegasystems Inc FRA:PEA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pegasystems 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, Pegasystems'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)
=0.069/333.9520*333.9520
=0.069

Current CPI (Jun. 2026) = 333.9520.

Pegasystems Quarterly Data

per share eps CPI Adj_EPS
201609 0.018 241.428 0.025
201612 0.052 241.432 0.072
201703 0.304 243.801 0.416
201706 0.018 244.955 0.025
201709 0.004 246.819 0.005
201712 -0.017 246.524 -0.023
201803 0.061 249.554 0.082
201806 -0.056 251.989 -0.074
201809 -0.043 252.439 -0.057
201812 0.088 251.233 0.117
201903 -0.164 254.202 -0.215
201906 -0.181 256.143 -0.236
201909 -0.173 256.759 -0.225
201912 0.005 256.974 0.006
202003 -0.145 258.115 -0.188
202006 -0.115 257.797 -0.149
202009 -0.102 260.280 -0.131
202012 0.021 260.474 0.027
202103 -0.034 264.877 -0.043
202106 0.178 271.696 0.219
202109 -0.293 274.310 -0.357
202112 -0.204 278.802 -0.244
202203 -0.002 287.504 -0.002
202206 -1.656 296.311 -1.866
202209 -0.576 296.808 -0.648
202212 0.194 296.797 0.218
202303 -0.117 301.836 -0.129
202306 -0.258 305.109 -0.282
202309 -0.042 307.789 -0.046
202312 0.752 306.746 0.819
202403 -0.064 312.332 -0.068
202406 0.037 314.175 0.039
202409 -0.072 315.301 -0.076
202412 0.597 315.605 0.632
202503 0.425 319.799 0.444
202506 0.147 322.561 0.152
202509 0.204 324.800 0.210
202512 1.085 324.054 1.118
202603 0.156 330.213 0.158
202606 0.069 333.952 0.069

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 €-0.01 mean?
Pegasystems (FRA:PEA) has a E10 of €-0.01 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pegasystems and its competitors.
Is Pegasystems' E10 too high?
Pegasystems' current E10 is €-0.01. Overall, Pegasystems has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pegasystems' E10 compare to OCTV and BILL?
Pegasystems' E10 of €-0.01 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 Pegasystems and its competitors. Pegasystems's current E10 is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pegasystems stock overvalued right now?
Based on GuruFocus' analysis, Pegasystems (FRA:PEA) is currently considered Significantly Undervalued. The stock's GF Value™ is €34.89, compared to a current price of €22.82 — trading 34.6% below its estimated fair value. The current E10 is €-0.01. Pegasystems' overall GF Score™ is 69/100 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 Pegasystems (FRA:PEA), the current E10 is €-0.01 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 Pegasystems (FRA:PEA) Overvalued in 2026?

Based on GuruFocus' analysis, Pegasystems stock appears to be undervalued. The current stock price of €22.82 is trading 34.6% below its estimated GF Value™ of €34.89. GuruFocus considers Pegasystems to be Significantly Undervalued.

Key valuation signals for FRA:PEA:

  • E10: €-0.01
  • GF Value™: €34.89 vs. price of €22.82 (34.6% below fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Pegasystems Business Description

Address 225 Wyman Street, Waltham, MA, USA, 02451
Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management with customer relationship management applications. The company focuses on enterprise-size customers in the financial, insurance, and healthcare industries.
69GF Score

Get the complete analysis for FRA:PEA

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

€22.82
Price
€34.89
GF Value