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PSI Software SE (PSI Software SE) E10 : $0.73 (As of Dec. 2023)


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What is PSI Software SE 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.

PSI Software SE's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.523. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PSI Software SE's average E10 Growth Rate was 3.00% per year. During the past 3 years, the average E10 Growth Rate was 8.00% per year. During the past 5 years, the average E10 Growth Rate was 7.50% 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 PSI Software SE was 24.50% per year. The lowest was 7.60% per year. And the median was 8.45% per year.

As of today (2024-06-10), PSI Software SE's current stock price is $23.79241. PSI Software SE's E10 for the quarter that ended in Dec. 2023 was $0.73. PSI Software SE's Shiller PE Ratio of today is 32.59.

During the past 13 years, the highest Shiller PE Ratio of PSI Software SE was 77.70. The lowest was 28.49. And the median was 39.48.


PSI Software SE E10 Historical Data

The historical data trend for PSI Software SE'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.

PSI Software SE E10 Chart

PSI Software SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.77 0.65 0.71 0.73

PSI Software SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.68 0.51 0.73 0.73

Competitive Comparison of PSI Software SE's E10

For the Software - Application subindustry, PSI Software SE'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.


PSI Software SE's Shiller PE Ratio Distribution in the Software Industry

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

* The bar in red indicates where PSI Software SE's Shiller PE Ratio falls into.



PSI Software SE 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, PSI Software SE's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.523/123.7729*123.7729
=0.523

Current CPI (Dec. 2023) = 123.7729.

PSI Software SE Quarterly Data

per share eps CPI Adj_EPS
201403 0.097 99.543 0.121
201406 0.005 99.543 0.006
201409 0.064 99.823 0.079
201412 0.160 99.543 0.199
201503 0.097 99.717 0.120
201506 0.067 100.417 0.083
201509 0.101 100.417 0.124
201512 0.261 99.717 0.324
201603 0.100 100.017 0.124
201606 0.079 100.717 0.097
201609 0.101 101.017 0.124
201612 0.316 101.217 0.386
201703 0.118 101.417 0.144
201706 0.090 102.117 0.109
201709 0.119 102.717 0.143
201712 0.379 102.617 0.457
201803 0.148 102.917 0.178
201806 0.175 104.017 0.208
201809 0.187 104.718 0.221
201812 0.273 104.217 0.324
201903 0.147 104.217 0.175
201906 0.169 105.718 0.198
201909 0.198 106.018 0.231
201912 0.500 105.818 0.585
202003 0.110 105.718 0.129
202006 0.158 106.618 0.183
202009 0.165 105.818 0.193
202012 0.341 105.518 0.400
202103 0.238 107.518 0.274
202106 0.301 108.486 0.343
202109 0.306 109.435 0.346
202112 0.339 110.384 0.380
202203 0.176 113.968 0.191
202206 0.127 115.760 0.136
202209 0.228 118.818 0.238
202212 0.117 119.345 0.121
202303 0.225 122.402 0.228
202306 -0.834 123.140 -0.838
202309 0.107 124.195 0.107
202312 0.523 123.773 0.523

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


PSI Software SE  (OTCPK:PSSWF) 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.

PSI Software SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.79241/0.73
=32.59

* 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 PSI Software SE was 77.70. The lowest was 28.49. And the median was 39.48.


Be Aware

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


PSI Software SE E10 Related Terms

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


PSI Software SE (PSI Software SE) Business Description

Traded in Other Exchanges
Address
Dircksenstrasse 42- 44, Berlin, DEU, 10178
PSI Software AG is a software producer that has been a technological leader in process control and information systems. Its core business consists of process control and information systems for the management of energy and material flows in industries tailored to the electricity, gas, oil, and district heating sectors, Engineering, automobile, and automotive supply and logistics sectors. The company's segments include Energy Management which offers Intelligent solutions for utility companies in the electricity, gas, oil and water sectors; the Production Management segment provides software products and individual solutions for production planning, particularly tasks relating to production control and efficient logistics. It generates maximum revenue from the Energy Management segment.