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VRNS (Varonis Systems) E10 : $-0.80 (As of Dec. 2024)


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What is Varonis Systems E10?

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.

Varonis Systems's adjusted earnings per share data for the three months ended in Dec. 2024 was $-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.80 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was -14.00% 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 Varonis Systems was -14.00% per year. The lowest was -14.00% per year. And the median was -14.00% per year.

As of today (2025-03-15), Varonis Systems's current stock price is $39.99. Varonis Systems's E10 for the quarter that ended in Dec. 2024 was $-0.80. Varonis Systems's Shiller PE Ratio of today is .


Varonis Systems E10 Historical Data

The historical data trend for Varonis Systems'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.

* Premium members only.

Varonis Systems E10 Chart

Varonis Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.54 -0.65 -0.75 -0.80

Varonis Systems Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.75 -0.76 -0.78 -0.79 -0.80

Competitive Comparison of Varonis Systems's E10

For the Software - Infrastructure subindustry, Varonis Systems'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.


Varonis Systems's Shiller PE Ratio Distribution in the Software Industry

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

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



Varonis Systems 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, Varonis Systems's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.12/133.1571*133.1571
=-0.120

Current CPI (Dec. 2024) = 133.1571.

Varonis Systems Quarterly Data

per share eps CPI Adj_EPS
201503 -0.170 99.621 -0.227
201506 -0.083 100.684 -0.110
201509 -0.063 100.392 -0.084
201512 0.030 99.792 0.040
201603 -0.133 100.470 -0.176
201606 -0.083 101.688 -0.109
201609 -0.057 101.861 -0.075
201612 0.040 101.863 0.052
201703 -0.143 102.862 -0.185
201706 -0.070 103.349 -0.090
201709 -0.040 104.136 -0.051
201712 0.060 104.011 0.077
201803 -0.177 105.290 -0.224
201806 -0.147 106.317 -0.184
201809 -0.083 106.507 -0.104
201812 0.067 105.998 0.084
201903 -0.253 107.251 -0.314
201906 -0.270 108.070 -0.333
201909 -0.187 108.329 -0.230
201912 -0.160 108.420 -0.197
202003 -0.340 108.902 -0.416
202006 -0.260 108.767 -0.318
202009 -0.200 109.815 -0.243
202012 -0.200 109.897 -0.242
202103 -0.360 111.754 -0.429
202106 -0.310 114.631 -0.360
202109 -0.220 115.734 -0.253
202112 -0.230 117.630 -0.260
202203 -0.450 121.301 -0.494
202206 -0.330 125.017 -0.351
202209 -0.260 125.227 -0.276
202212 -0.100 125.222 -0.106
202303 -0.350 127.348 -0.366
202306 -0.350 128.729 -0.362
202309 -0.210 129.860 -0.215
202312 -0.010 129.419 -0.010
202403 -0.370 131.776 -0.374
202406 -0.210 132.554 -0.211
202409 -0.160 133.029 -0.160
202412 -0.120 133.157 -0.120

Add all the adjusted EPS together and divide 10 will get our e10.


Varonis Systems  (NAS:VRNS) 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.


Varonis Systems E10 Related Terms

Thank you for viewing the detailed overview of Varonis Systems's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Varonis Systems Business Description

Traded in Other Exchanges
Address
1250 Broadway, 28th Floor, New York, NY, USA, 10001
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
Executives
Guy Melamed officer: Chief Financial Officer 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
James O'boyle officer: SVP of Worldwide Sales C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Yakov Faitelson director, officer: CEO, President, Chairman C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Gili Iohan officer: Chief Financial Officer C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Avrohom J. Kess director 385 WASHINGTON STREET, ST. PAUL MN 55102
Ofer Segev director NESS TOWER, ATIDIM HIGH-TECH INDUSTRIAL, PARK, BUILDING 4, TEL AVIV L3 61580
David Bass officer: EVP Engineering & CTO 1250 BROADWAY 29TH FLOOR, NEW YORK NY 10001
Dov Gottlieb officer: VP and General Counsel 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Van Den Bosch Fred director 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Carlos Aued director 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Gilad Raz officer: CIO & VP of Technical Services 1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Kevin E Comolli director, 10 percent owner C/O ACCEL, 500 UNIVERSITY AVE, PALO ALTO CA 94301
Thomas F Mendoza director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Rachel Prishkolnik director 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rona Segev-gal director C/O PITANGO VENTURE CAPITAL FUND IV L.P., 540 COWPER ST., SUITE 200, PALO ALTO CA 94301