PAGS (PagSeguro Digital) E10: $1.05 (As of Mar. 2026)


PAGS PagSeguro Digital Ltd PAGS
90 GF Score
Price $8.77
GF Value $11.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PagSeguro Digital E10?

PagSeguro Digital PAGS +0.11% 90 E10 is $1.05 as of Mar. 2026. GuruFocus rates PAGS with a GF Score™ of 90/100 and a GF Value™ of $11.93 (Modestly Undervalued). 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.

PagSeguro Digital's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.369. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.05 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-24), PagSeguro Digital's current stock price is $8.77. PagSeguro Digital's E10 for the quarter that ended in Mar. 2026 was $1.05. PagSeguro Digital's Shiller PE Ratio of today is 8.35.

During the past 12 years, the highest Shiller PE Ratio of PagSeguro Digital was 10.72. The lowest was 8.12. And the median was 8.90.


PagSeguro Digital  (NYSE:PAGS) 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.

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

Shiller PE Ratio=Share Price/E10
=8.77/1.05
=8.35

* 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 12 years, the highest Shiller P/E Ratio of PagSeguro Digital was 10.72. The lowest was 8.12. And the median was 8.90.


Be Aware

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


PagSeguro Digital E10 Related Terms


PagSeguro Digital E10 Historical Data

* Premium members only.

The historical data trend for PagSeguro 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.

PagSeguro Digital E10 Chart

PagSeguro Digital 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 0.00 0.00 0.00 0.00 0.00

PagSeguro 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 0.00 0.00 0.00 0.00 1.05

PAGS vs CALX, EEFT, STNE: E10 Comparison

For the Software - Infrastructure subindustry, PagSeguro 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.


PagSeguro Digital Shiller PE Ratio vs Software Industry

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

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


PAGS
90GF Score
PagSeguro Digital Ltd PAGS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PagSeguro 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, PagSeguro 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)
=0.369/330.2130*330.2130
=0.369

Current CPI (Mar. 2026) = 330.2130.

PagSeguro Digital Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.044 241.432 0.060
201703 0.074 243.801 0.100
201706 0.095 244.955 0.128
201709 0.179 246.819 0.239
201712 0.218 246.524 0.292
201803 0.152 249.554 0.201
201806 0.196 251.989 0.257
201809 0.179 252.439 0.234
201812 0.245 251.233 0.322
201903 0.251 254.202 0.326
201906 0.254 256.143 0.327
201909 0.251 256.759 0.323
201912 0.273 256.974 0.351
202003 0.221 258.115 0.283
202006 0.173 257.797 0.222
202009 0.148 260.280 0.188
202012 0.221 260.474 0.280
202103 0.146 264.877 0.182
202106 0.164 271.696 0.199
202109 0.183 274.310 0.220
202112 0.160 278.802 0.190
202203 0.211 287.504 0.242
202206 0.218 296.311 0.243
202209 0.220 296.808 0.245
202212 0.237 296.797 0.264
202303 0.217 301.836 0.237
202306 0.244 305.109 0.264
202309 0.257 307.789 0.276
202312 0.311 306.746 0.335
202403 0.302 312.332 0.319
202406 0.290 314.175 0.305
202409 0.299 315.301 0.313
202412 0.313 315.605 0.327
202503 0.298 319.799 0.308
202506 0.322 322.561 0.330
202509 0.351 324.800 0.357
202512 0.317 324.054 0.323
202603 0.369 330.213 0.369

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 $1.05 mean?
PagSeguro Digital (PAGS) has a E10 of $1.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PagSeguro Digital and its competitors.
Is PagSeguro Digital's E10 too high?
PagSeguro Digital's current E10 is $1.05. Overall, PagSeguro Digital has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PagSeguro Digital's E10 compare to CALX and EEFT?
PagSeguro Digital's E10 of $1.05 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 PagSeguro Digital and its competitors. PagSeguro Digital's current E10 is $1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PagSeguro Digital stock overvalued right now?
Based on GuruFocus' analysis, PagSeguro Digital (PAGS) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.93, compared to a current price of $8.77 — trading 26.5% below its estimated fair value. The current E10 is $1.05. PagSeguro Digital's overall GF Score™ is 90/100 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 PagSeguro Digital (PAGS), the current E10 is $1.05 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 PagSeguro Digital (PAGS) Overvalued in 2026?

Based on GuruFocus' analysis, PagSeguro Digital stock appears to be undervalued. The current stock price of $8.77 is trading 26.5% below its estimated GF Value™ of $11.93. GuruFocus considers PagSeguro Digital to be Modestly Undervalued.

Key valuation signals for PAGS:

  • E10: $1.05
  • GF Value™: $11.93 vs. price of $8.77 (26.5% below fair value)
  • GF Score™: 90/100 with 3 warning signs

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


PagSeguro Digital Business Description

Other Exchanges 1JY:GermanyPAGS34:Brazil
Address Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, CYM, KY1-1111
PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others.
90GF Score

Get the complete analysis for PAGS

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

$8.77
Price
$11.93
GF Value