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Infosys (MEX:INFY N) E10 : MXN11.18 (As of Mar. 2025)


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What is Infosys E10?

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.

Infosys's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN4.092. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN11.18 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Infosys's average E10 Growth Rate was 6.90% per year. During the past 3 years, the average E10 Growth Rate was 9.00% per year. During the past 5 years, the average E10 Growth Rate was 9.80% per year. During the past 10 years, the average E10 Growth Rate was 10.00% 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 Infosys was 27.70% per year. The lowest was 9.00% per year. And the median was 10.50% per year.

As of today (2025-07-10), Infosys's current stock price is MXN353.00. Infosys's E10 for the quarter that ended in Mar. 2025 was MXN11.18. Infosys's Shiller PE Ratio of today is 31.57.

During the past 13 years, the highest Shiller PE Ratio of Infosys was 46.18. The lowest was 16.43. And the median was 25.74.


Infosys E10 Historical Data

The historical data trend for Infosys'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.

* Premium members only.

Infosys E10 Chart

Infosys Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.02 11.28 10.34 10.97 11.18

Infosys Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.97 10.77 9.21 9.28 11.18

Competitive Comparison of Infosys's E10

For the Information Technology Services subindustry, Infosys'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.


Infosys's Shiller PE Ratio Distribution in the Software Industry

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

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


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Infosys 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, Infosys's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.092/157.5517*157.5517
=4.092

Current CPI (Mar. 2025) = 157.5517.

Infosys Quarterly Data

per share eps CPI Adj_EPS
201506 1.647 99.841 2.599
201509 1.943 101.753 3.008
201512 1.977 102.901 3.027
201603 1.980 102.518 3.043
201606 2.034 105.961 3.024
201609 2.320 105.961 3.450
201612 2.474 105.196 3.705
201703 2.259 105.196 3.383
201706 2.169 107.109 3.190
201709 2.359 109.021 3.409
201712 3.339 109.404 4.808
201803 2.362 109.786 3.390
201806 2.358 111.317 3.337
201809 2.432 115.142 3.328
201812 2.356 115.142 3.224
201903 2.522 118.202 3.362
201906 2.497 120.880 3.255
201909 2.566 123.175 3.282
201912 2.829 126.235 3.531
202003 3.283 124.705 4.148
202006 3.001 127.000 3.723
202009 3.314 130.118 4.013
202012 3.382 130.889 4.071
202103 3.271 131.771 3.911
202106 3.384 134.084 3.976
202109 3.496 135.847 4.055
202112 3.693 138.161 4.211
202203 3.584 138.822 4.068
202206 3.219 142.347 3.563
202209 3.621 144.661 3.944
202212 3.704 145.763 4.004
202303 3.244 146.865 3.480
202306 2.914 150.280 3.055
202309 3.135 151.492 3.260
202312 3.055 152.924 3.147
202403 3.817 153.035 3.930
202406 3.298 155.789 3.335
202409 3.741 157.882 3.733
202412 3.963 158.323 3.944
202503 4.092 157.552 4.092

Add all the adjusted EPS together and divide 10 will get our e10.


Infosys  (MEX:INFY N) 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.

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

Shiller PE Ratio=Share Price/E10
=353.00/11.18
=31.57

* 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 Infosys was 46.18. The lowest was 16.43. And the median was 25.74.


Be Aware

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


Infosys E10 Related Terms

Thank you for viewing the detailed overview of Infosys's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Infosys Business Description

Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with over 320,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service.

Infosys Headlines

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