Serviceware SE (STU:SJJ) E10: €-0.05 (As of Feb. 2026)


STU:SJJ Serviceware SE STU:SJJ
73 GF Score
Price €12.85
GF Value €15.66
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Serviceware SE E10?

Serviceware SE STU:SJJ -1.53% 73 E10 is €-0.05 as of Feb. 2026. GuruFocus rates STU:SJJ with a GF Score™ of 73/100 and a GF Value™ of €15.66 (Modestly 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.

Serviceware SE's adjusted earnings per share data for the fiscal year that ended in Nov. 2025 was €0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.05 for the trailing ten years ended in Nov. 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 (2026-07-07), Serviceware SE's current stock price is € 12.85. Serviceware SE's E10 for the fiscal year that ended in Nov. 2025 was €-0.05. Serviceware SE's Shiller PE Ratio of today is .


Serviceware SE  (STU:SJJ) 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.


Be Aware

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


Serviceware SE E10 Related Terms


Serviceware SE E10 Historical Data

* Premium members only.

The historical data trend for Serviceware SE'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.

Serviceware SE E10 Chart

Serviceware SE Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.02 -0.05

Serviceware SE Quarterly Data
Feb21 May21 Aug21 Nov21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 0.00 -0.05 0.00

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

For the Software - Application subindustry, Serviceware SE'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.


Serviceware SE Shiller PE Ratio vs Software Industry

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

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


STU:SJJ
73GF Score
Serviceware SE STU:SJJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serviceware SE 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, Serviceware SE's adjusted earnings per share data for the fiscal year that ended in Nov. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=0.17/129.3606*129.3606
=0.170

Current CPI (Nov. 2025) = 129.3606.

Serviceware SE Annual Data

per_share_eps CPI Adj_EPS
201611 0.232 100.517 0.299
201711 0.452 102.117 0.573
201811 -0.142 104.217 -0.176
201911 -0.100 105.318 -0.123
202011 -0.150 105.018 -0.185
202111 -0.200 110.173 -0.235
202211 -0.370 119.872 -0.399
202311 -0.380 123.668 -0.397
202411 -0.010 126.409 -0.010
202511 0.170 129.361 0.170

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 €-0.05 mean?
Serviceware SE (STU:SJJ) has a E10 of €-0.05 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Serviceware SE and its competitors.
Is Serviceware SE's E10 too high?
Serviceware SE's current E10 is €-0.05. Overall, Serviceware SE has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Serviceware SE's E10 compare to UBER and SHOP?
Serviceware SE's E10 of €-0.05 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 Serviceware SE and its competitors. Serviceware SE's current E10 is €-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serviceware SE stock overvalued right now?
Based on GuruFocus' analysis, Serviceware SE (STU:SJJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.66, compared to a current price of €12.85 — trading 17.9% below its estimated fair value. The current E10 is €-0.05. Serviceware SE's overall GF Score™ is 73/100 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 Serviceware SE (STU:SJJ), the current E10 is €-0.05 as of Feb. 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 Serviceware SE (STU:SJJ) Overvalued in 2026?

Based on GuruFocus' analysis, Serviceware SE stock appears to be undervalued. The current stock price of €12.85 is trading 17.9% below its estimated GF Value™ of €15.66. GuruFocus considers Serviceware SE to be Modestly Undervalued.

Key valuation signals for STU:SJJ:

  • E10: €-0.05
  • GF Value™: €15.66 vs. price of €12.85 (17.9% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


Serviceware SE Business Description

Other Exchanges SJJ:GermanySJJ:Austria
Address Serviceware - Kreisel 1, Idstein, HE, DEU, 65510
Serviceware SE is a provider of software solutions that help companies compete digitally with Enterprise Service Management (ESM) by improving service quality and efficiently managing service costs. The company's platform which includes software solutions for financial, processes, resources, knowledge, and performance. In addition, the company offers the infrastructure solutions and managed services necessary for operations securely and reliably.
73GF Score

Get the complete analysis for STU:SJJ

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

€12.85
Price
€15.66
GF Value