UPLD (Upland Software) E10: $-24.96 (As of Mar. 2026)


UPLD Upland Software Inc UPLD
44 GF Score
Price $4.48
GF Value $18.82
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Upland Software E10?

Upland Software UPLD -5.49% 44 E10 is $-24.96 as of Mar. 2026. GuruFocus rates UPLD with a GF Score™ of 44/100 and a GF Value™ of $18.82 (Possible Value Trap). The stock has 5 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.

Upland Software's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-24.96 for the trailing ten years ended in Mar. 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.

As of today (2026-06-24), Upland Software's current stock price is $4.48. Upland Software's E10 for the quarter that ended in Mar. 2026 was $-24.96. Upland Software's Shiller PE Ratio of today is .


Upland Software  (NAS:UPLD) 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.


Upland Software E10 Related Terms


Upland Software E10 Historical Data

* Premium members only.

The historical data trend for Upland Software'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.

Upland Software E10 Chart

Upland Software 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 0.00 0.00 -21.82 -23.91 -24.90

Upland Software 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 -24.86 -25.28 -25.33 -24.90 -24.96

UPLD vs ANKM, BLIV, WBSR: E10 Comparison

For the Software - Application subindustry, Upland Software'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.


Upland Software Shiller PE Ratio vs Software Industry

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

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


UPLD
44GF Score
Upland Software Inc UPLD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Upland Software 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, Upland Software'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)
=-0.9/330.2130*330.2130
=-0.900

Current CPI (Mar. 2026) = 330.2130.

Upland Software Quarterly Data

per share eps CPI Adj_EPS
201606 -2.200 241.018 -3.014
201609 -1.400 241.428 -1.915
201612 -1.200 241.432 -1.641
201703 -3.300 243.801 -4.470
201706 -3.300 244.955 -4.449
201709 -1.800 246.819 -2.408
201712 -1.900 246.524 -2.545
201803 -1.600 249.554 -2.117
201806 -2.600 251.989 -3.407
201809 -2.100 252.439 -2.747
201812 1.300 251.233 1.709
201903 -3.800 254.202 -4.936
201906 -2.400 256.143 -3.094
201909 -5.000 256.759 -6.430
201912 -8.000 256.974 -10.280
202003 -8.100 258.115 -10.363
202006 -5.700 257.797 -7.301
202009 -4.200 260.280 -5.328
202012 -1.900 260.474 -2.409
202103 -6.900 264.877 -8.602
202106 -6.300 271.696 -7.657
202109 -3.600 274.310 -4.334
202112 -2.400 278.802 -2.843
202203 -7.300 287.504 -8.384
202206 -5.200 296.311 -5.795
202209 -2.200 296.808 -2.448
202212 -7.500 296.797 -8.344
202303 -43.800 301.836 -47.918
202306 -5.100 305.109 -5.520
202309 -3.100 307.789 -3.326
202312 -6.000 306.746 -6.459
202403 -33.700 312.332 -35.629
202406 -4.700 314.175 -4.940
202409 -1.200 315.301 -1.257
202412 -1.800 315.605 -1.883
202503 -9.700 319.799 -10.016
202506 -5.100 322.561 -5.221
202509 -0.900 324.800 -0.915
202512 -0.100 324.054 -0.102
202603 -0.900 330.213 -0.900

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 $-24.96 mean?
Upland Software (UPLD) has a E10 of $-24.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Upland Software and its competitors.
Is Upland Software's E10 too high?
Upland Software's current E10 is $-24.96. Overall, Upland Software has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Upland Software's E10 compare to ANKM and BLIV?
Upland Software's E10 of $-24.96 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 Upland Software and its competitors. Upland Software's current E10 is $-24.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upland Software stock overvalued right now?
Based on GuruFocus' analysis, Upland Software (UPLD) is currently considered Possible Value Trap. The stock's GF Value™ is $18.82, compared to a current price of $4.48 — trading 76.2% below its estimated fair value. The current E10 is $-24.96. Upland Software's overall GF Score™ is 44/100 with 5 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 Upland Software (UPLD), the current E10 is $-24.96 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 Upland Software (UPLD) Overvalued in 2026?

Based on GuruFocus' analysis, Upland Software stock appears to be undervalued. The current stock price of $4.48 is trading 76.2% below its estimated GF Value™ of $18.82. GuruFocus considers Upland Software to be Possible Value Trap.

Key valuation signals for UPLD:

  • E10: $-24.96
  • GF Value™: $18.82 vs. price of $4.48 (76.2% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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


Upland Software Business Description

Address 401 Congress Avenue, Suite 1850, Frost Bank Tower, Austin, TX, USA, 78701-3788
Upland Software Inc is a software company. It provides cloud-based software applications in three categories: Knowledge Management that provides solutions designed to help organizations capture, organize, and distribute information to employees and customers. Content Lifecycle and Workflow Automation offers solutions that support document management, compliance, and process efficiency across various industries. Digital Marketing solutions that provides tools for audience engagement, campaign management, and content distribution across digital channels. Geographically, the company has operations in the U.S., United Kingdom and Canada, of which United States derives maximum revenue.
44GF Score

Get the complete analysis for UPLD

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

$4.48
Price
$18.82
GF Value