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RDWR (Radware) E10 : $0.10 (As of Dec. 2024)


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What is Radware 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.

Radware's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.10 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Radware's average E10 Growth Rate was -33.30% per year. During the past 3 years, the average E10 Growth Rate was -31.40% per year. During the past 5 years, the average E10 Growth Rate was -21.80% per year. During the past 10 years, the average E10 Growth Rate was 6.00% 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 Radware was 54.20% per year. The lowest was -31.40% per year. And the median was 12.60% per year.

As of today (2025-03-14), Radware's current stock price is $21.21. Radware's E10 for the quarter that ended in Dec. 2024 was $0.10. Radware's Shiller PE Ratio of today is 212.10.

During the past 13 years, the highest Shiller PE Ratio of Radware was 244.00. The lowest was 57.94. And the median was 107.02.


Radware E10 Historical Data

The historical data trend for Radware'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.

Radware E10 Chart

Radware Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.31 0.24 0.15 0.10

Radware Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.15 0.14 0.13 0.12 0.10

Competitive Comparison of Radware's E10

For the Software - Infrastructure subindustry, Radware'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.


Radware's Shiller PE Ratio Distribution in the Software Industry

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

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



Radware 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, Radware's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.06/133.1571*133.1571
=0.060

Current CPI (Dec. 2024) = 133.1571.

Radware Quarterly Data

per share eps CPI Adj_EPS
201503 0.140 99.621 0.187
201506 0.150 100.684 0.198
201509 0.010 100.392 0.013
201512 0.090 99.792 0.120
201603 -0.060 100.470 -0.080
201606 -0.030 101.688 -0.039
201609 -0.060 101.861 -0.078
201612 -0.050 101.863 -0.065
201703 -0.090 102.862 -0.117
201706 -0.090 103.349 -0.116
201709 -0.030 104.136 -0.038
201712 0.050 104.011 0.064
201803 -0.020 105.290 -0.025
201806 0.040 106.317 0.050
201809 0.060 106.507 0.075
201812 0.160 105.998 0.201
201903 0.090 107.251 0.112
201906 0.080 108.070 0.099
201909 0.150 108.329 0.184
201912 0.150 108.420 0.184
202003 0.050 108.902 0.061
202006 0.010 108.767 0.012
202009 0.080 109.815 0.097
202012 0.060 109.897 0.073
202103 0.080 111.754 0.095
202106 0.100 114.631 0.116
202109 0.100 115.734 0.115
202112 -0.120 117.630 -0.136
202203 0.080 121.301 0.088
202206 0.070 125.017 0.075
202209 -0.070 125.227 -0.074
202212 -0.090 125.222 -0.096
202303 -0.070 127.348 -0.073
202306 -0.130 128.729 -0.134
202309 -0.160 129.860 -0.164
202312 -0.140 129.419 -0.144
202403 -0.030 131.776 -0.030
202406 0.040 132.554 0.040
202409 0.070 133.029 0.070
202412 0.060 133.157 0.060

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


Radware  (NAS:RDWR) 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.

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

Shiller PE Ratio=Share Price/E10
=21.21/0.10
=212.10

* 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 Radware was 244.00. The lowest was 57.94. And the median was 107.02.


Be Aware

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


Radware E10 Related Terms

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


Radware Business Description

Traded in Other Exchanges
Address
22 Raoul Wallenberg Street, Tel Aviv, ISR, 6971917
Radware Ltd provides cyber security and application delivery solutions. The company provides solutions for cloud, on-premises, and software-defined data centers (SDDC). The solutions of the company secure the digital experience by providing infrastructure, application, and network protection and availability services to enterprises globally. The business segments of the company are Radware's Core Business and The Hawks' Business. The company derives maximum revenue from Radware's Core Business. The company generates maximum revenue from the United States.