CDW (STU:CDW) E10: €6.12 (As of Mar. 2026)


STU:CDW CDW Corp STU:CDW
67 GF Score
Price €116.90
GF Value €178.88
Valuation Significantly Undervalued
! 2 Warning Signs
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What is CDW E10?

CDW STU:CDW +4.14% 67 E10 is €6.12 as of Mar. 2026. GuruFocus rates STU:CDW with a GF Score™ of 67/100 and a GF Value™ of €178.88 (Significantly Undervalued). The stock has 2 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.

CDW's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.574. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CDW's average E10 Growth Rate was 10.90% per year. During the past 3 years, the average E10 Growth Rate was 14.40% per year. During the past 5 years, the average E10 Growth Rate was 20.00% per year. During the past 10 years, the average E10 Growth Rate was 17.20% 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 CDW was 29.10% per year. The lowest was -6.60% per year. And the median was 7.80% per year.

As of today (2026-06-27), CDW's current stock price is €116.90. CDW's E10 for the quarter that ended in Mar. 2026 was €6.12. CDW's Shiller PE Ratio of today is 19.10.

During the past 13 years, the highest Shiller PE Ratio of CDW was 73.08. The lowest was 14.36. And the median was 41.63.


CDW  (STU:CDW) 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.

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

Shiller PE Ratio=Share Price/E10
=116.90/6.12
=19.10

* 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 CDW was 73.08. The lowest was 14.36. And the median was 41.63.


Be Aware

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


CDW E10 Related Terms


CDW E10 Historical Data

* Premium members only.

The historical data trend for CDW'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.

CDW E10 Chart

CDW 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 3.23 4.27 4.93 5.96 5.90

CDW 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 5.92 5.56 5.82 5.90 6.12

STU:CDW vs LDOS, BR, APLD: E10 Comparison

For the Information Technology Services subindustry, CDW'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.


CDW Shiller PE Ratio vs Software Industry

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

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


STU:CDW
67GF Score
CDW Corp STU:CDW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CDW 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, CDW'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)
=1.574/330.2130*330.2130
=1.574

Current CPI (Mar. 2026) = 330.2130.

CDW Quarterly Data

per share eps CPI Adj_EPS
201606 0.623 241.018 0.854
201609 0.677 241.428 0.926
201612 0.597 241.432 0.817
201703 0.337 243.801 0.456
201706 0.792 244.955 1.068
201709 0.696 246.819 0.931
201712 1.065 246.524 1.427
201803 0.665 249.554 0.880
201806 0.959 251.989 1.257
201809 1.028 252.439 1.345
201812 0.923 251.233 1.213
201903 0.903 254.202 1.173
201906 1.177 256.143 1.517
201909 1.244 256.759 1.600
201912 1.143 256.974 1.469
202003 1.050 258.115 1.343
202006 1.163 257.797 1.490
202009 1.129 260.280 1.432
202012 1.356 260.474 1.719
202103 1.369 264.877 1.707
202106 1.602 271.696 1.947
202109 1.624 274.310 1.955
202112 1.389 278.802 1.645
202203 1.662 287.504 1.909
202206 1.930 296.311 2.151
202209 2.192 296.808 2.439
202212 1.973 296.797 2.195
202303 1.569 301.836 1.717
202306 1.772 305.109 1.918
202309 2.174 307.789 2.332
202312 1.999 306.746 2.152
202403 1.463 312.332 1.547
202406 1.923 314.175 2.021
202409 2.108 315.301 2.208
202412 1.881 315.605 1.968
202503 1.563 319.799 1.614
202506 1.777 322.561 1.819
202509 1.883 324.800 1.914
202512 1.828 324.054 1.863
202603 1.574 330.213 1.574

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 €6.12 mean?
CDW (STU:CDW) has a E10 of €6.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CDW and its competitors.
Is CDW's E10 too high?
CDW's current E10 is €6.12. Overall, CDW has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDW's E10 compare to LDOS and BR?
CDW's E10 of €6.12 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 CDW and its competitors. CDW's current E10 is €6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW stock overvalued right now?
Based on GuruFocus' analysis, CDW (STU:CDW) is currently considered Significantly Undervalued. The stock's GF Value™ is €178.88, compared to a current price of €116.90 — trading 34.6% below its estimated fair value. The current E10 is €6.12. CDW's overall GF Score™ is 67/100 with 2 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 CDW (STU:CDW), the current E10 is €6.12 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 CDW (STU:CDW) Overvalued in 2026?

Based on GuruFocus' analysis, CDW stock appears to be undervalued. The current stock price of €116.90 is trading 34.6% below its estimated GF Value™ of €178.88. GuruFocus considers CDW to be Significantly Undervalued.

Key valuation signals for STU:CDW:

  • E10: €6.12
  • GF Value™: €178.88 vs. price of €116.90 (34.6% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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


CDW Business Description

Address 200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's offerings range from hardware and software products to integrated IT solutions and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. Its reportable segments are Corporate, Small Business, Public, and Other. The Corporate and Small Business segments serve US private sector business customers, while the Public segment consists of government agencies and education and healthcare institutions in the US. The Corporate segment generates the majority of its revenue in the United States.
67GF Score

Get the complete analysis for STU:CDW

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

€116.90
Price
€178.88
GF Value