ISMAF (Indra Sistemas) E10: $1.31 (As of Mar. 2026)


ISMAF Indra Sistemas SA ISMAF
87 GF Score
Price $63.55
GF Value $38.26
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Indra Sistemas E10?

Indra Sistemas ISMAF 87 E10 is $1.31 as of Mar. 2026. GuruFocus rates ISMAF with a GF Score™ of 87/100 and a GF Value™ of $38.26 (Significantly Overvalued). 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.

Indra Sistemas's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.497. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indra Sistemas's average E10 Growth Rate was 200.00% per year. During the past 3 years, the average E10 Growth Rate was 384.90% per year. During the past 5 years, the average E10 Growth Rate was 83.00% 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 Indra Sistemas was 384.90% per year. The lowest was -64.80% per year. And the median was -21.50% per year.

As of today (2026-06-29), Indra Sistemas's current stock price is $63.55. Indra Sistemas's E10 for the quarter that ended in Mar. 2026 was $1.31. Indra Sistemas's Shiller PE Ratio of today is 48.51.

During the past 13 years, the highest Shiller PE Ratio of Indra Sistemas was 1269.00. The lowest was 27.35. And the median was 58.75.


Indra Sistemas  (OTCPK:ISMAF) 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.

Indra Sistemas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=63.55/1.31
=48.51

* 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 Indra Sistemas was 1269.00. The lowest was 27.35. And the median was 58.75.


Be Aware

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


Indra Sistemas E10 Related Terms


Indra Sistemas E10 Historical Data

* Premium members only.

The historical data trend for Indra Sistemas'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.

Indra Sistemas E10 Chart

Indra Sistemas 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 0.04 0.01 0.04 0.34 1.31

Indra Sistemas 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 0.43 0.82 1.00 1.31 1.31

ISMAF vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Indra Sistemas'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.


Indra Sistemas Shiller PE Ratio vs Software Industry

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

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


ISMAF
87GF Score
Indra Sistemas SA ISMAF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indra Sistemas 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, Indra Sistemas'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)
=0.497/128.4016*128.4016
=0.497

Current CPI (Mar. 2026) = 128.4016.

Indra Sistemas Quarterly Data

per share eps CPI Adj_EPS
201606 0.128 100.333 0.164
201609 0.119 99.737 0.153
201612 0.130 101.842 0.164
201703 0.127 100.896 0.162
201706 0.105 101.848 0.132
201709 0.316 101.524 0.400
201712 0.258 102.975 0.322
201803 0.075 102.122 0.094
201806 0.173 104.165 0.213
201809 0.118 103.818 0.146
201812 0.377 104.193 0.465
201903 0.111 103.488 0.138
201906 0.100 104.612 0.123
201909 0.192 103.905 0.237
201912 0.328 105.015 0.401
202003 0.040 103.469 0.050
202006 -0.517 104.254 -0.637
202009 0.757 103.521 0.939
202012 -0.236 104.456 -0.290
202103 0.151 104.857 0.185
202106 0.220 107.102 0.264
202109 0.396 107.669 0.472
202112 0.126 111.298 0.145
202203 0.231 115.153 0.258
202206 0.147 118.044 0.160
202209 0.277 117.221 0.303
202212 0.309 117.650 0.337
202303 0.246 118.948 0.266
202306 0.260 120.278 0.278
202309 0.341 121.343 0.361
202312 0.600 121.300 0.635
202403 0.380 122.762 0.397
202406 0.327 124.409 0.337
202409 0.441 123.121 0.460
202412 0.974 124.753 1.002
202503 0.368 125.531 0.376
202506 1.016 127.251 1.025
202509 0.512 126.842 0.518
202512 1.475 128.402 1.475
202603 0.497 128.402 0.497

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 $1.31 mean?
Indra Sistemas (ISMAF) has a E10 of $1.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Indra Sistemas and its competitors.
Is Indra Sistemas' E10 too high?
Indra Sistemas' current E10 is $1.31. Overall, Indra Sistemas has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indra Sistemas' E10 compare to IBM and ACN?
Indra Sistemas' E10 of $1.31 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 Indra Sistemas and its competitors. Indra Sistemas's current E10 is $1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indra Sistemas stock overvalued right now?
Based on GuruFocus' analysis, Indra Sistemas (ISMAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.26, compared to a current price of $63.55 — trading 66.1% above its estimated fair value. The current E10 is $1.31. Indra Sistemas' overall GF Score™ is 87/100 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 Indra Sistemas (ISMAF), the current E10 is $1.31 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 Indra Sistemas (ISMAF) Overvalued in 2026?

Based on GuruFocus' analysis, Indra Sistemas stock appears to be overvalued. The current stock price of $63.55 is trading 66.1% above its estimated GF Value™ of $38.26. GuruFocus considers Indra Sistemas to be Significantly Overvalued.

Key valuation signals for ISMAF:

  • E10: $1.31
  • GF Value™: $38.26 vs. price of $63.55 (66.1% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Indra Sistemas Business Description

Address Avenida de Bruselas, 35, Alcobendas, Madrid, ESP, 28108
Indra Sistemas SA is a Spain-based provider of information technology offerings for finance, insurance, public administration, airports, defense, healthcare, media, telecom, security, energy, and infrastructure end markets. Its product capabilities include analytics, cloud computing, enterprise resource planning, networks and communications, electoral processes, bus technology, subway technology, and sustainability solutions. The firm generates revenue in Europe, Africa, the Middle East, the Americas, and Asia-Pacific.
87GF Score

Get the complete analysis for ISMAF

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

$63.55
Price
$38.26
GF Value