Extreme Networks (LTS:0IJW) E10: $-0.18 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0IJW Extreme Networks Inc LTS:0IJW
61 GF Score
Price $31.96
GF Value $18.58
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Extreme Networks E10?

Extreme Networks LTS:0IJW +7.63% 61 E10 is $-0.18 as of Mar. 2026. GuruFocus rates LTS:0IJW with a GF Score™ of 61/100 and a GF Value™ of $18.58 (Significantly Overvalued). The stock has 3 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.

Extreme Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.18 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 5.30% per year. During the past 10 years, the average E10 Growth Rate was -11.70% 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 Extreme Networks was 72.90% per year. The lowest was -135.10% per year. And the median was -7.75% per year.

As of today (2026-08-05), Extreme Networks's current stock price is $31.955. Extreme Networks's E10 for the quarter that ended in Mar. 2026 was $-0.18. Extreme Networks's Shiller PE Ratio of today is .


Extreme Networks  (LTS:0IJW) 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.


Be Aware

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


Extreme Networks E10 Related Terms


Extreme Networks E10 Historical Data

* Premium members only.

The historical data trend for Extreme Networks'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.

Extreme Networks E10 Chart

Extreme Networks 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 -0.34 -0.38 -0.33 -0.32 -0.23

Extreme Networks 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 -0.22 -0.23 -0.21 -0.20 -0.18

LTS:0IJW vs BDC, ONDS, VISN: E10 Comparison

For the Communication Equipment subindustry, Extreme Networks'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.


Extreme Networks Shiller PE Ratio vs Hardware Industry

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

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


LTS:0IJW
61GF Score
Extreme Networks Inc LTS:0IJW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Extreme Networks 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, Extreme Networks'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)
=0.08/330.2130*330.2130
=0.080

Current CPI (Mar. 2026) = 330.2130.

Extreme Networks Quarterly Data

per share eps CPI Adj_EPS
201606 -0.020 241.018 -0.027
201609 -0.050 241.428 -0.068
201612 -0.040 241.432 -0.055
201703 -0.050 243.801 -0.068
201706 0.110 244.955 0.148
201709 0.040 246.819 0.054
201712 -0.280 246.524 -0.375
201803 -0.120 249.554 -0.159
201806 -0.050 251.989 -0.066
201809 -0.080 252.439 -0.105
201812 0.060 251.233 0.079
201903 -0.060 254.202 -0.078
201906 -0.140 256.143 -0.180
201909 -0.310 256.759 -0.399
201912 -0.200 256.974 -0.257
202003 -0.370 258.115 -0.473
202006 -0.180 257.797 -0.231
202009 -0.070 260.280 -0.089
202012 -0.020 260.474 -0.025
202103 0.030 264.877 0.037
202106 0.080 271.696 0.097
202109 0.100 274.310 0.120
202112 0.100 278.802 0.118
202203 0.100 287.504 0.115
202206 0.040 296.311 0.045
202209 0.090 296.808 0.100
202212 0.130 296.797 0.145
202303 0.170 301.836 0.186
202306 0.190 305.109 0.206
202309 0.210 307.789 0.225
202312 0.030 306.746 0.032
202403 -0.500 312.332 -0.529
202406 -0.420 314.175 -0.441
202409 -0.080 315.301 -0.084
202412 0.060 315.605 0.063
202503 0.030 319.799 0.031
202506 -0.060 322.561 -0.061
202509 0.040 324.800 0.041
202512 0.060 324.054 0.061
202603 0.080 330.213 0.080

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 $-0.18 mean?
Extreme Networks (LTS:0IJW) has a E10 of $-0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Extreme Networks and its competitors.
Is Extreme Networks' E10 too high?
Extreme Networks' current E10 is $-0.18. Overall, Extreme Networks has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Extreme Networks' E10 compare to BDC and ONDS?
Extreme Networks' E10 of $-0.18 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 Extreme Networks and its competitors. Extreme Networks's current E10 is $-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extreme Networks stock overvalued right now?
Based on GuruFocus' analysis, Extreme Networks (LTS:0IJW) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.58, compared to a current price of $31.96 — trading 72% above its estimated fair value. The current E10 is $-0.18. Extreme Networks' overall GF Score™ is 61/100 with 3 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 Extreme Networks (LTS:0IJW), the current E10 is $-0.18 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 Extreme Networks (LTS:0IJW) Overvalued in 2026?

Based on GuruFocus' analysis, Extreme Networks stock appears to be overvalued. The current stock price of $31.96 is trading 72% above its estimated GF Value™ of $18.58. GuruFocus considers Extreme Networks to be Significantly Overvalued.

Key valuation signals for LTS:0IJW:

  • E10: $-0.18
  • GF Value™: $18.58 vs. price of $31.96 (72% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the LTS:0IJW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Extreme Networks Business Description

Other Exchanges EXTR:USAEXM:Germany
Address 2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.
61GF Score

Get the complete analysis for LTS:0IJW

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

$31.96
Price
$18.58
GF Value