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Block (XYZ) E10 : $0.41 (As of Mar. 2025)


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What is Block 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.

Block's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.41 for the trailing ten years ended in Mar. 2025.

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 (2025-06-27), Block's current stock price is $65.11. Block's E10 for the quarter that ended in Mar. 2025 was $0.41. Block's Shiller PE Ratio of today is 158.80.

During the past 13 years, the highest Shiller PE Ratio of Block was 4912.50. The lowest was 113.49. And the median was 229.28.


Block E10 Historical Data

The historical data trend for Block'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.

Block E10 Chart

Block 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 - - - - 0.36

Block 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 -0.07 -0.04 0.02 0.36 0.41

Competitive Comparison of Block's E10

For the Software - Infrastructure subindustry, Block'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.


Block's Shiller PE Ratio Distribution in the Software Industry

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

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


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Block 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, Block'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)
=0.3/134.9266*134.9266
=0.300

Current CPI (Mar. 2025) = 134.9266.

Block Quarterly Data

per share eps CPI Adj_EPS
201506 -0.104 100.684 -0.139
201509 -0.167 100.392 -0.224
201512 -0.240 99.792 -0.324
201603 -0.290 100.470 -0.389
201606 -0.080 101.688 -0.106
201609 -0.090 101.861 -0.119
201612 -0.040 101.863 -0.053
201703 -0.040 102.862 -0.052
201706 -0.040 103.349 -0.052
201709 -0.040 104.136 -0.052
201712 -0.040 104.011 -0.052
201803 -0.060 105.290 -0.077
201806 -0.010 106.317 -0.013
201809 0.040 106.507 0.051
201812 -0.070 105.998 -0.089
201903 -0.090 107.251 -0.113
201906 -0.020 108.070 -0.025
201909 0.060 108.329 0.075
201912 0.830 108.420 1.033
202003 -0.240 108.902 -0.297
202006 -0.030 108.767 -0.037
202009 0.070 109.815 0.086
202012 0.590 109.897 0.724
202103 0.080 111.754 0.097
202106 0.400 114.631 0.471
202109 0.000 115.734 0.000
202112 -0.170 117.630 -0.195
202203 -0.380 121.301 -0.423
202206 -0.360 125.017 -0.389
202209 -0.020 125.227 -0.022
202212 -0.180 125.222 -0.194
202303 0.160 127.348 0.170
202306 -0.170 128.729 -0.178
202309 -0.150 129.860 -0.156
202312 0.170 129.419 0.177
202403 0.740 131.776 0.758
202406 0.310 132.554 0.316
202409 0.450 133.029 0.456
202412 3.060 133.157 3.101
202503 0.300 134.927 0.300

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


Block  (NYSE:XYZ) 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.

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

Shiller PE Ratio=Share Price/E10
=65.11/0.41
=158.80

* 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 Block was 4912.50. The lowest was 113.49. And the median was 229.28.


Be Aware

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


Block E10 Related Terms

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


Block Business Description

Address
1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.
Executives
Chrysty Esperanza officer: Interim Counsel Lead 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Brian Grassadonia officer: Cash App Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Amrita Ahuja officer: Chief Financial Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Ajmere Dale officer: Chief Accounting Officer 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Roelof Botha director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Alyssa Henry officer: Seller Lead 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Lawrence Henry Summers director JOHN F. KENNEDY SCHOOL OF GOVERNMENT, MAILBOX 8, 79 JFK STREET, CAMBRIDGE MA 02138
Neha Narula director 1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Sivan Whiteley officer: Gen. Counsel & Corp. Secretary 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Sharon Rothstein director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Mckelvey James Morgan Jr. director, 10 percent owner 2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Carter Shawn Corey director C/O S. CARTER ENTERPRISES, LLC, 1411 BROADWAY, NEW YORK NY 10018
Jack Dorsey director, 10 percent owner, officer: President, CEO & Chairman C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Mary G Meeker director 2750 SAND HILL ROAD, MENLO PARK CA 94025
David A Viniar director C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282