Switch to:

VeriSign E10

: USD 3.30 (As of Mar. 2019)
View and export this data going back to 1998. Start your Free Trial

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.

VeriSign's adjusted earnings per share data for the three months ended in Mar. 2019 was USD 1.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is USD 3.30 for the trailing ten years ended in Mar. 2019.

As of today, VeriSign's current stock price is USD 214.21. VeriSign's E10 for the quarter that ended in Mar. 2019 was USD 3.30. VeriSign's Shiller PE Ratio of today is 64.91.

During the past 13 years, the highest Shiller PE Ratio of VeriSign was 66.56. The lowest was 30.48. And the median was 44.91.


VeriSign E10 Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

VeriSign Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.64 1.74 1.94 2.42 3.17

VeriSign Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
E10 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 Premium Member Only Premium Member Only Premium Member Only 2.56 2.73 2.96 3.17 3.30

Competitive Comparison
* 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.


VeriSign E10 Distribution

* The bar in red indicates where VeriSign's E10 falls into.



VeriSign 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.

For example, VeriSign's adjusted earnings per share data for the three months ended in Mar. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=1.35/254.202*254.202
=1.350

Current CPI (Mar. 2019) = 254.202.

VeriSign Quarterly Data

per share eps CPI Adj_EPS
200906 0.180 215.693 0.212
200909 0.280 215.969 0.330
200912 0.480 215.949 0.565
201003 0.280 217.631 0.327
201006 0.190 217.965 0.222
201009 4.480 218.439 5.213
201012 -0.180 219.179 -0.209
201103 0.240 223.467 0.273
201106 -0.060 225.722 -0.068
201109 0.360 226.889 0.403
201112 0.330 225.672 0.372
201203 0.420 229.392 0.465
201206 0.420 229.478 0.465
201209 0.470 231.407 0.516
201212 0.650 229.601 0.720
201303 0.520 232.773 0.568
201306 0.550 233.504 0.599
201309 0.530 234.149 0.575
201312 1.940 233.049 2.116
201403 0.640 236.293 0.689
201406 0.710 238.343 0.757
201409 0.690 238.031 0.737
201412 0.480 234.812 0.520
201503 0.660 236.119 0.711
201506 0.700 238.638 0.746
201509 0.700 237.945 0.748
201512 0.760 236.525 0.817
201603 0.820 238.132 0.875
201606 0.870 241.018 0.918
201609 0.900 241.428 0.948
201612 0.840 241.432 0.884
201703 0.940 243.801 0.980
201706 0.990 244.955 1.027
201709 0.930 246.819 0.958
201712 0.830 246.524 0.856
201803 1.090 249.554 1.110
201806 1.040 251.989 1.049
201809 1.130 252.439 1.138
201812 1.500 251.233 1.518
201903 1.350 254.202 1.350

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


VeriSign  (NAS:VRSN) 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.

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

Shiller PE Ratio=Share Price/E10
=214.21/3.30
=64.91

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of VeriSign was 66.56. The lowest was 30.48. And the median was 44.91.


Be Aware

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


VeriSign E10 Explanation


VeriSign E10 Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}