Western Digital (HAM:WDC) E10: €0.39 (As of Mar. 2026)


HAM:WDC Western Digital Corp HAM:WDC
60 GF Score
Price €52.14
GF Value €6.66
! 6 Warning Signs
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What is Western Digital E10?

Western Digital HAM:WDC 60 E10 is €0.39 as of Mar. 2026. GuruFocus rates HAM:WDC with a GF Score™ of 60/100 and a GF Value™ of €6.66. 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.

Western Digital's adjusted earnings per share data for the three months ended in Mar. 2026 was €7.093. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Western Digital's average E10 Growth Rate was 151.90% per year. During the past 3 years, the average E10 Growth Rate was -36.90% per year. During the past 5 years, the average E10 Growth Rate was -26.00% per year. During the past 10 years, the average E10 Growth Rate was -14.90% 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 Western Digital was 389.10% per year. The lowest was -155.10% per year. And the median was -1.20% per year.

As of today (2026-06-26), Western Digital's current stock price is €52.1445. Western Digital's E10 for the quarter that ended in Mar. 2026 was €0.39. Western Digital's Shiller PE Ratio of today is 133.70.

During the past 13 years, the highest Shiller PE Ratio of Western Digital was 365.80. The lowest was 6.23. And the median was 14.09.


Western Digital  (HAM:WDC) 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.

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

Shiller PE Ratio=Share Price/E10
=52.1445/0.39
=133.70

* 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 Western Digital was 365.80. The lowest was 6.23. And the median was 14.09.


Be Aware

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


Western Digital E10 Related Terms


Western Digital E10 Historical Data

* Premium members only.

The historical data trend for Western Digital'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.

Western Digital E10 Chart

Western Digital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 2.96 1.93 1.02 0.63

Western Digital 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 1.04 0.63 0.40 0.38 0.39

HAM:WDC vs STX, ANET, SNDK: E10 Comparison

For the Computer Hardware subindustry, Western Digital'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.


Western Digital Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Shiller PE Ratio distribution charts can be found below:

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


HAM:WDC
60GF Score
Western Digital Corp HAM:WDC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Digital 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, Western Digital'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)
=7.093/330.2130*330.2130
=7.093

Current CPI (Mar. 2026) = 330.2130.

Western Digital Quarterly Data

per share eps CPI Adj_EPS
201606 -1.193 241.018 -1.635
201609 -1.140 241.428 -1.559
201612 0.758 241.432 1.037
201703 0.776 243.801 1.051
201706 0.828 244.955 1.116
201709 1.871 246.819 2.503
201712 -2.349 246.524 -3.146
201803 0.162 249.554 0.214
201806 2.106 251.989 2.760
201809 1.465 252.439 1.916
201812 -1.477 251.233 -1.941
201903 -1.761 254.202 -2.288
201906 -0.593 256.143 -0.764
201909 -0.844 256.759 -1.085
201912 -0.423 256.974 -0.544
202003 0.054 258.115 0.069
202006 0.435 257.797 0.557
202009 -0.170 260.280 -0.216
202012 0.164 260.474 0.208
202103 0.529 264.877 0.659
202106 1.635 271.696 1.987
202109 1.641 274.310 1.975
202112 1.584 278.802 1.876
202203 0.073 287.504 0.084
202206 0.899 296.311 1.002
202209 0.081 296.808 0.090
202212 -1.340 296.797 -1.491
202303 -1.700 301.836 -1.860
202306 -2.095 305.109 -2.267
202309 -2.033 307.789 -2.181
202312 -0.853 306.746 -0.918
202403 0.313 312.332 0.331
202406 0.818 314.175 0.860
202409 1.216 315.301 1.274
202412 1.557 315.605 1.629
202503 1.313 319.799 1.356
202506 0.654 322.561 0.670
202509 2.616 324.800 2.660
202512 4.039 324.054 4.116
202603 7.093 330.213 7.093

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 €0.39 mean?
Western Digital (HAM:WDC) has a E10 of €0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Western Digital and its competitors.
Is Western Digital's E10 too high?
Western Digital's current E10 is €0.39. Overall, Western Digital has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Western Digital's E10 compare to STX and ANET?
Western Digital's E10 of €0.39 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Western Digital and its competitors. Western Digital's current E10 is €0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Western Digital (HAM:WDC) has a current E10 of €0.39. The stock's GF Value™ is €6.66, compared to a current price of €52.14 — trading 683% above its estimated fair value. The current E10 is €0.39. Western Digital's overall GF Score™ is 60/100 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 Western Digital (HAM:WDC), the current E10 is €0.39 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 Western Digital (HAM:WDC) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of €52.14 is trading 683% above its estimated GF Value™ of €6.66.

Key valuation signals for HAM:WDC:

  • E10: €0.39
  • GF Value™: €6.66 vs. price of €52.14 (683% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Western Digital Business Description

Address 5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
60GF Score

Get the complete analysis for HAM:WDC

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

€52.14
Price
€6.66
GF Value