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Axon EnterpriseAXON +4.17%86 Shiller PE Ratio is 467.91 as of Aug. 19, 2026, which is 12% above its 10-year median of 419.30. GuruFocus rates AXON with a GF Score™ of 86/100 and a GF Value™ of $638.01 (Fairly Valued). The stock has 4 warning signs investors should review. Among 160 Aerospace & Defense companies, Axon Enterprise ranks worse than 98.75% on this metric.
As of today (2026-08-19), Axon Enterprise's current share price is $645.72. Axon Enterprise's E10 for the quarter that ended in Jun. 2026 was $1.38. Axon Enterprise's Shiller PE Ratio for today is 467.91.
The historical rank and industry rank for Axon Enterprise's Shiller PE Ratio or its related term are showing as below:
AXON'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 104.95 Med: 419.3 Max: 1925.9
Current: 467.91
During the past years, Axon Enterprise's highest Shiller PE Ratio was 1925.90. The lowest was 104.95. And the median was 419.30.
AXON's Shiller PE Ratio is ranked worse than 98.75% of 160
companies
in the Aerospace & Defense industry
Industry Median: 59.71
vs AXON: 467.91
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Axon Enterprise's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.38 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Axon Enterprise (NAS:AXON) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Axon Enterprise Shiller PE Ratio Related Terms
Axon Enterprise Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Axon Enterprise's Shiller PE Ratio 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.
AXON vs HEI.A, RKLB, CW: Shiller PE Ratio Comparison
For the Aerospace & Defense subindustry, Axon Enterprise'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.
Axon Enterprise Shiller PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's Shiller PE Ratio falls into.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Axon Enterprise's Shiller PE Ratio for today is calculated as
* 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.
Axon Enterprise's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Axon Enterprise's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our 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.
Axon Enterprise (AXON) has a Shiller PE Ratio of 467.91 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Axon Enterprise and its competitors. This is 12% above median its historical median of 419.30. Over the past decade, Axon Enterprise's Shiller PE Ratio has ranged from 104.95 to 1,925.90. According to the industry distribution chart, Axon Enterprise ranks #158 out of 160 companies in the Aerospace & Defense industry, placing it in the top 98.7%.
Is Axon Enterprise's Shiller PE Ratio too high?
Axon Enterprise's current Shiller PE Ratio of 467.91 is 12% above median its 10-year median of 419.30. Over the past 10 years, this metric has ranged from a low of 104.95 to a high of 1,925.90. The Aerospace & Defense industry median Shiller PE Ratio is 59.71. Axon Enterprise's value of 467.91 is 683.6% above this industry median. Based on the distribution chart, Axon Enterprise ranks #158 out of 160 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Axon Enterprise has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axon Enterprise's Shiller PE Ratio compare to HEI.A and RKLB?
According to the Aerospace & Defense industry distribution chart, Axon Enterprise ranks #158 out of 160 companies for Shiller PE Ratio. This places Axon Enterprise in the lower half of its industry. The industry median Shiller PE Ratio is 59.71. Axon Enterprise's value of 467.91 is 683.6% above this benchmark. Historically, Axon Enterprise's own Shiller PE Ratio has ranged from 104.95 to 1,925.90 over the past decade. While the company's 10-year median is 419.30 vs. the industry median of 59.71, Axon Enterprise has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Aerospace & Defense company?
The median Shiller PE Ratio among Aerospace & Defense companies is 59.71, based on 160 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axon Enterprise's current Shiller PE Ratio of 467.91 is 683.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Axon Enterprise and its competitors. For the Aerospace & Defense industry, the median Shiller PE Ratio is 59.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Enterprise's current Shiller PE Ratio is 467.91, which is 12% above median its own 10-year median of 419.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Axon Enterprise (AXON) is currently considered Fairly Valued. The stock's GF Value™ is $638.01, compared to a current price of $645.72 — trading 1.2% above its estimated fair value. The current Shiller PE Ratio is 467.91, which is 12% above median its 10-year median of 419.30 and 683.6% above the Aerospace & Defense industry median of 59.71. Axon Enterprise's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Axon Enterprise (AXON), the current Shiller PE Ratio is 467.91 as of Aug. 19, 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 Axon Enterprise (AXON) Overvalued in 2026?
Based on GuruFocus' analysis, Axon Enterprise stock appears to be overvalued.
The current stock price of $645.72 is trading 1.2% above its estimated GF Value™ of $638.01.
GuruFocus considers Axon Enterprise to be Fairly Valued.
Key valuation signals for AXON:
Shiller PE Ratio: 467.91 (12% above median its 10-year median of 419.30)
GF Value™: $638.01 vs. price of $645.72 (1.2% above fair value)
Industry Position: 683.6% above the Aerospace & Defense median (#158 of 160)
No single metric tells the full story. See the AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
86GF Score
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