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ExlService HoldingsEXLS +2.60%86 Shiller PE Ratio is 39.85 as of Aug. 18, 2026, which is 22% below its 10-year median of 50.90. GuruFocus rates EXLS with a GF Score™ of 86/100 and a GF Value™ of $48.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,026 Software companies, ExlService Holdings ranks worse than 64.72% on this metric.
The historical rank and industry rank for ExlService Holdings's Shiller PE Ratio or its related term are showing as below:
EXLS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.53 Med: 50.9 Max: 79.67
Current: 39.85
During the past years, ExlService Holdings's highest Shiller PE Ratio was 79.67. The lowest was 28.53. And the median was 50.90.
EXLS's Shiller PE Ratio is ranked worse than 64.72% of 1026
companies
in the Software industry
Industry Median: 27.72
vs EXLS: 39.85
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.
ExlService Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.89 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ExlService Holdings (NAS:EXLS) 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.
ExlService Holdings Shiller PE Ratio Related Terms
ExlService Holdings Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for ExlService Holdings'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.
EXLS vs EPAM, CSQR, SAIC: Shiller PE Ratio Comparison
For the Information Technology Services subindustry, ExlService Holdings'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.
ExlService Holdings Shiller PE Ratio vs Software Industry
For the Software industry and Technology sector, ExlService Holdings's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ExlService Holdings'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.
* 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.
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.
ExlService Holdings (EXLS) has a Shiller PE Ratio of 39.85 as of Aug. 18, 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 ExlService Holdings and its competitors. This is 22% below median its historical median of 50.90. Over the past decade, ExlService Holdings' Shiller PE Ratio has ranged from 28.53 to 79.67. According to the industry distribution chart, ExlService Holdings ranks #664 out of 1026 companies in the Software industry, placing it in the top 64.7%.
Is ExlService Holdings' Shiller PE Ratio too high?
ExlService Holdings' current Shiller PE Ratio of 39.85 is 22% below median its 10-year median of 50.90. Over the past 10 years, this metric has ranged from a low of 28.53 to a high of 79.67. The Software industry median Shiller PE Ratio is 27.72. ExlService Holdings' value of 39.85 is 43.8% above this industry median. Based on the distribution chart, ExlService Holdings ranks #664 out of 1026 companies in the Software industry, which is below the industry midpoint. Overall, ExlService Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Shiller PE Ratio compare to EPAM and CSQR?
According to the Software industry distribution chart, ExlService Holdings ranks #664 out of 1026 companies for Shiller PE Ratio. This places ExlService Holdings in the lower half of its industry. The industry median Shiller PE Ratio is 27.72. ExlService Holdings' value of 39.85 is 43.8% above this benchmark. Historically, ExlService Holdings' own Shiller PE Ratio has ranged from 28.53 to 79.67 over the past decade. While the company's 10-year median is 50.90 vs. the industry median of 27.72, ExlService Holdings 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 a Software company?
The median Shiller PE Ratio among Software companies is 27.72, based on 1,026 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. ExlService Holdings's current Shiller PE Ratio of 39.85 is 43.8% 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 ExlService Holdings and its competitors. For the Software industry, the median Shiller PE Ratio is 27.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ExlService Holdings's current Shiller PE Ratio is 39.85, which is 22% below median its own 10-year median of 50.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExlService Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExlService Holdings (EXLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.11, compared to a current price of $35.47 — trading 26.3% below its estimated fair value. The current Shiller PE Ratio is 39.85, which is 22% below median its 10-year median of 50.90 and 43.8% above the Software industry median of 27.72. ExlService Holdings' overall GF Score™ is 86/100 with 2 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 ExlService Holdings (EXLS), the current Shiller PE Ratio is 39.85 as of Aug. 18, 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 ExlService Holdings (EXLS) Overvalued in 2026?
Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued.
The current stock price of $35.47 is trading 26.3% below its estimated GF Value™ of $48.11.
GuruFocus considers ExlService Holdings to be Modestly Undervalued.
Key valuation signals for EXLS:
Shiller PE Ratio: 39.85 (22% below median its 10-year median of 50.90)
GF Value™: $48.11 vs. price of $35.47 (26.3% below fair value)
Industry Position: 43.8% above the Software median (#664 of 1026)
No single metric tells the full story. See the EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
86GF Score
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