CEVA (STU:PVJA) E10: € (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:PVJA CEVA Inc STU:PVJA
71 GF Score
Price €26.20
GF Value €19.46
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is CEVA E10?

CEVA STU:PVJA +0.77% 71 E10 is € as of Jun. 2026. GuruFocus rates STU:PVJA with a GF Score™ of 71/100 and a GF Value™ of €19.46 (Significantly Overvalued). The stock has 1 warning sign 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.

CEVA's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.089. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

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 CEVA was 21.60% per year. The lowest was -67.10% per year. And the median was -6.00% per year.

As of today (2026-09-21), CEVA's current stock price is €26.20. CEVA's E10 for the quarter that ended in Jun. 2026 was . CEVA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of CEVA was 3467.00. The lowest was 45.20. And the median was 109.51.


CEVA  (STU:PVJA) 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.

During the past 13 years, the highest Shiller P/E Ratio of CEVA was 3467.00. The lowest was 45.20. And the median was 109.51.


Be Aware

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


CEVA E10 Related Terms


CEVA E10 Historical Data

* Premium members only.

The historical data trend for CEVA'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.

CEVA E10 Chart

CEVA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
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CEVA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

STU:PVJA vs AOSL, INDI, LAES: E10 Comparison

For the Semiconductors subindustry, CEVA'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.


CEVA Shiller PE Ratio vs Semiconductors Industry

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

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


STU:PVJA
71GF Score
CEVA Inc STU:PVJA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEVA 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, CEVA's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.0894/333.9520*333.9520
=-0.089

Current CPI (Jun. 2026) = 333.9520.

CEVA Quarterly Data

per share eps CPI Adj_EPS
201609 0.134 241.428 0.186
201612 0.223 241.432 0.308
201703 0.178 243.801 0.244
201706 0.155 244.955 0.211
201709 0.222 246.819 0.300
201712 0.119 246.524 0.161
201803 -0.080 249.554 -0.107
201806 -0.079 251.989 -0.105
201809 0.098 252.439 0.129
201812 0.091 251.233 0.121
201903 -0.092 254.202 -0.121
201906 -0.061 256.143 -0.080
201909 0.031 256.759 0.040
201912 0.124 256.974 0.161
202003 -0.048 258.115 -0.062
202006 -0.045 257.797 -0.058
202009 -0.029 260.280 -0.037
202012 0.023 260.474 0.030
202103 -0.134 264.877 -0.169
202106 0.011 271.696 0.014
202109 -0.006 274.310 -0.008
202112 0.145 278.802 0.174
202203 -0.065 287.504 -0.076
202206 -0.046 296.311 -0.051
202209 -0.954 296.808 -1.073
202212 0.081 296.797 0.091
202303 -0.195 301.836 -0.215
202306 -0.228 305.109 -0.249
202309 -0.193 307.789 -0.209
202312 0.146 306.746 0.159
202403 -0.214 312.332 -0.228
202406 -0.011 314.175 -0.012
202409 -0.050 315.301 -0.053
202412 -0.069 315.605 -0.073
202503 -0.133 319.799 -0.139
202506 -0.137 322.561 -0.142
202509 -0.090 324.800 -0.092
202512 -0.037 324.054 -0.038
202603 -0.138 330.213 -0.139
202606 -0.089 333.952 -0.089

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 € mean?
CEVA (STU:PVJA) has a E10 of € as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CEVA and its competitors.
Is CEVA's E10 too high?
CEVA's current E10 is €. Overall, CEVA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEVA's E10 compare to AOSL and INDI?
CEVA's E10 of € can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 CEVA and its competitors. CEVA's current E10 is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEVA stock overvalued right now?
Based on GuruFocus' analysis, CEVA (STU:PVJA) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.46, compared to a current price of €26.20 — trading 34.6% above its estimated fair value. The current E10 is €. CEVA's overall GF Score™ is 71/100 with 1 warning sign 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 CEVA (STU:PVJA), the current E10 is € as of Jun. 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 CEVA (STU:PVJA) Overvalued in 2026?

Based on GuruFocus' analysis, CEVA stock appears to be overvalued. The current stock price of €26.20 is trading 34.6% above its estimated GF Value™ of €19.46. GuruFocus considers CEVA to be Significantly Overvalued.

Key valuation signals for STU:PVJA:

  • E10:
  • GF Value™: €19.46 vs. price of €26.20 (34.6% above fair value)
  • GF Score™: 71/100 with 1 warning sign

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


CEVA Business Description

Other Exchanges CEVA:USACEVA:Mexico0Q19:UK
Address 15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived mainly from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems. The company operates in one reportable segment: the licensing of IP to semiconductor companies and electronic equipment manufacturers.
71GF Score

Get the complete analysis for STU:PVJA

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

€26.20
Price
€19.46
GF Value