The Descartes Systems Group (STU:DC2) E10: €0.89 (As of Apr. 2026)


STU:DC2 The Descartes Systems Group Inc STU:DC2
92 GF Score
Price €63.25
GF Value €100.46
Valuation Significantly Undervalued
View Full Analysis

What is The Descartes Systems Group E10?

The Descartes Systems Group STU:DC2 -0.55% 92 E10 is €0.89 as of Apr. 2026. GuruFocus rates STU:DC2 with a GF Score™ of 92/100 and a GF Value™ of €100.46 (Significantly Undervalued).

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.

The Descartes Systems Group's adjusted earnings per share data for the three months ended in Apr. 2026 was €0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.89 for the trailing ten years ended in Apr. 2026.

During the past 12 months, The Descartes Systems Group's average E10 Growth Rate was 22.40% per year. During the past 3 years, the average E10 Growth Rate was 23.90% per year. During the past 5 years, the average E10 Growth Rate was 26.50% 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 The Descartes Systems Group was 217.50% per year. The lowest was 4.00% per year. And the median was 17.80% per year.

As of today (2026-07-04), The Descartes Systems Group's current stock price is €63.25. The Descartes Systems Group's E10 for the quarter that ended in Apr. 2026 was €0.89. The Descartes Systems Group's Shiller PE Ratio of today is 71.07.

During the past 13 years, the highest Shiller PE Ratio of The Descartes Systems Group was 227.33. The lowest was 65.61. And the median was 136.20.


The Descartes Systems Group  (STU:DC2) 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.

The Descartes Systems Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=63.25/0.89
=71.07

* 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 The Descartes Systems Group was 227.33. The lowest was 65.61. And the median was 136.20.


Be Aware

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


The Descartes Systems Group E10 Related Terms


The Descartes Systems Group E10 Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group E10 Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.48 0.61 0.72 0.82

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.73 0.77 0.79 0.82 0.89

STU:DC2 vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Shiller PE Ratio vs Software Industry

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

* The bar in red indicates where The Descartes Systems Group's Shiller PE Ratio falls into.


STU:DC2
92GF Score
The Descartes Systems Group Inc STU:DC2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Descartes Systems Group 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, The Descartes Systems Group's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.47/132.7400*132.7400
=0.470

Current CPI (Apr. 2026) = 132.7400.

The Descartes Systems Group Quarterly Data

per share eps CPI Adj_EPS
201607 0.072 101.844 0.094
201610 0.073 102.002 0.095
201701 0.075 102.318 0.097
201704 0.084 103.029 0.108
201707 0.078 103.029 0.100
201710 0.068 103.424 0.087
201801 0.066 104.056 0.084
201804 0.073 105.320 0.092
201807 0.094 106.110 0.118
201810 0.087 105.952 0.109
201901 0.088 105.557 0.111
201904 0.080 107.453 0.099
201907 0.089 108.243 0.109
201910 0.099 107.927 0.122
202001 0.117 108.085 0.144
202004 0.120 107.216 0.149
202007 0.104 108.401 0.127
202010 0.128 108.638 0.156
202101 0.164 109.192 0.199
202104 0.176 110.851 0.211
202107 0.228 112.431 0.269
202110 0.259 113.695 0.302
202201 0.194 114.801 0.224
202204 0.250 118.357 0.280
202207 0.265 120.964 0.291
202210 0.315 121.517 0.344
202301 0.316 121.596 0.345
202304 0.310 123.571 0.333
202307 0.289 124.914 0.307
202310 0.294 125.310 0.311
202401 0.340 125.072 0.361
202404 0.373 126.890 0.390
202407 0.369 128.075 0.382
202410 0.386 127.838 0.401
202501 0.415 127.443 0.432
202504 0.365 129.102 0.375
202507 0.369 130.290 0.376
202510 0.429 130.600 0.436
202601 0.443 130.370 0.451
202604 0.470 132.740 0.470

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 €0.89 mean?
The Descartes Systems Group (STU:DC2) has a E10 of €0.89 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on The Descartes Systems Group and its competitors.
Is The Descartes Systems Group's E10 too high?
The Descartes Systems Group's current E10 is €0.89. Overall, The Descartes Systems Group has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's E10 compare to UBER and SHOP?
The Descartes Systems Group's E10 of €0.89 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 The Descartes Systems Group and its competitors. The Descartes Systems Group's current E10 is €0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
Based on GuruFocus' analysis, The Descartes Systems Group (STU:DC2) is currently considered Significantly Undervalued. The stock's GF Value™ is €100.46, compared to a current price of €63.25 — trading 37% below its estimated fair value. The current E10 is €0.89. The Descartes Systems Group's overall GF Score™ is 92/100. 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 The Descartes Systems Group (STU:DC2), the current E10 is €0.89 as of Apr. 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 The Descartes Systems Group (STU:DC2) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of €63.25 is trading 37% below its estimated GF Value™ of €100.46. GuruFocus considers The Descartes Systems Group to be Significantly Undervalued.

Key valuation signals for STU:DC2:

  • E10: €0.89
  • GF Value™: €100.46 vs. price of €63.25 (37% below fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the STU:DC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Descartes Systems Group Business Description

Other Exchanges DSGX:USADSG:Canada
Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
92GF Score

Get the complete analysis for STU:DC2

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

€63.25
Price
€100.46
GF Value