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WDAY (Workday) E10 : $-0.69 (As of Apr. 2025)


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What is Workday 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.

Workday's adjusted earnings per share data for the three months ended in Apr. 2025 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.69 for the trailing ten years ended in Apr. 2025.

During the past 3 years, the average E10 Growth Rate was 21.60% 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 Workday was 21.60% per year. The lowest was 21.60% per year. And the median was 21.60% per year.

As of today (2025-06-28), Workday's current stock price is $237.37. Workday's E10 for the quarter that ended in Apr. 2025 was $-0.69. Workday's Shiller PE Ratio of today is .


Workday E10 Historical Data

The historical data trend for Workday'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.

Workday E10 Chart

Workday Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.58 -1.68 -1.11 -0.76

Workday Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 -1.04 -0.95 -0.83 -0.76 -0.69

Competitive Comparison of Workday's E10

For the Software - Application subindustry, Workday'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.


Workday's Shiller PE Ratio Distribution in the Software Industry

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

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


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Workday 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, Workday's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.25/135.3468*135.3468
=0.250

Current CPI (Apr. 2025) = 135.3468.

Workday Quarterly Data

per share eps CPI Adj_EPS
201507 -0.370 100.691 -0.497
201510 -0.410 100.346 -0.553
201601 -0.420 99.957 -0.569
201604 -0.400 100.947 -0.536
201607 -0.550 101.524 -0.733
201610 -0.552 101.988 -0.733
201701 -0.520 102.456 -0.687
201704 -0.310 103.167 -0.407
201707 -0.400 103.278 -0.524
201710 -0.410 104.070 -0.533
201801 -0.420 104.578 -0.544
201804 -0.350 105.708 -0.448
201807 -0.400 106.324 -0.509
201810 -0.700 106.695 -0.888
201901 -0.470 106.200 -0.599
201904 -0.520 107.818 -0.653
201907 -0.530 108.250 -0.663
201910 -0.510 108.577 -0.636
202001 -0.560 108.841 -0.696
202004 -0.680 108.173 -0.851
202007 -0.120 109.318 -0.149
202010 -0.100 109.861 -0.123
202101 -0.300 110.364 -0.368
202104 -0.190 112.673 -0.228
202107 0.410 115.183 0.482
202110 0.170 116.696 0.197
202201 -0.290 118.619 -0.331
202204 -0.410 121.978 -0.455
202207 -0.250 125.002 -0.271
202210 -0.290 125.734 -0.312
202301 -0.490 126.223 -0.525
202304 0.000 127.992 0.000
202307 0.300 128.974 0.315
202310 0.430 129.810 0.448
202401 4.420 130.124 4.597
202404 0.400 132.289 0.409
202407 0.490 132.708 0.500
202410 0.720 133.182 0.732
202501 0.350 134.029 0.353
202504 0.250 135.347 0.250

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


Workday  (NAS:WDAY) 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.


Workday E10 Related Terms

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


Workday Business Description

Address
6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
Executives
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
David A Duffield 10 percent owner C/O WORKDAY, INC., 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Still George J Jr director NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Sayan Chakraborty officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Richard Harry Sauer officer: EVP, General Counsel & Secty 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Frederick Wayne A.i. director 500 W MAIN ST., LOUISVILLE KY 40202
Douglas A. Robinson officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
James Bozzini officer: Senior Vice President 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Zane Rowe officer: Chief Financial Officer 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Aneel Bhusri director, 10 percent owner, officer: Co-CEO and Chairman
Christa Davies director AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Barbara A Larson officer: Chief Financial Officer 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Robynne Sisco officer: Chief Financial Officer 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Gomez Luciano Fernandez officer: Co-President 1A SHAWFIELD STREET,, RICHARDSON HOUSE, LONDON X0 SW3 4BA