FSOYF (WithSecure) Shiller PE Ratio: 6.23 (As of Jul. 26, 2026) — 46% Below Median

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FSOYF WithSecure Corp FSOYF
45 GF Score
Price $1.62
GF Value $0.90
! 5 Warning Signs
View Full Analysis

What is WithSecure Shiller PE Ratio?

WithSecure FSOYF 45 Shiller PE Ratio is 6.23 as of Jul. 26, 2026, which is 46% below its 10-year median of 11.52. GuruFocus rates FSOYF with a GF Score™ of 45/100 and a GF Value™ of $0.90. The stock has 5 warning signs investors should review.

As of today (2026-07-26), WithSecure's current share price is $1.62. WithSecure's E10 for the quarter that ended in Sep. 2025 was $0.26. WithSecure's Shiller PE Ratio for today is 6.23.

The historical rank and industry rank for WithSecure's Shiller PE Ratio or its related term are showing as below:

FSOYF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.27   Med: 11.52   Max: 27.34
Current: 6.44

During the past years, WithSecure's highest Shiller PE Ratio was 27.34. The lowest was 2.27. And the median was 11.52.

FSOYF's Shiller PE Ratio is not ranked
in the Software industry.
Industry Median: 26.76 vs FSOYF: 6.44

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.

WithSecure's adjusted earnings per share data for the three months ended in Sep. 2025 was $-0.047. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.26 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


WithSecure  (OTCPK:FSOYF) 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.


WithSecure Shiller PE Ratio Related Terms


WithSecure Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for WithSecure'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.

WithSecure Shiller PE Ratio Chart

WithSecure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.39 0.00 3.89 3.17 2.57

WithSecure Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Shiller PE Ratio 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 3.43 2.57 3.30 3.70 6.36

FSOYF vs MSFT, ORCL, PLTR: Shiller PE Ratio Comparison

For the Software - Infrastructure subindustry, WithSecure'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.


WithSecure Shiller PE Ratio vs Software Industry

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

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


FSOYF
45GF Score
WithSecure Corp FSOYF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WithSecure Shiller PE Ratio Calculation

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.

WithSecure's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.62/0.26
=6.23

* 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.

WithSecure's E10 for the quarter that ended in Sep. 2025 is calculated as:

For example, WithSecure's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.047/122.8800*122.8800
=-0.047

Current CPI (Sep. 2025) = 122.8800.

WithSecure Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201512 -0.003 99.990 -0.004
201603 0.011 100.080 0.014
201606 0.034 100.390 0.042
201609 0.022 100.540 0.027
201612 0.042 101.020 0.051
201703 0.011 100.910 0.013
201706 0.034 101.140 0.041
201709 0.024 101.320 0.029
201712 0.024 101.510 0.029
201803 0.005 101.730 0.006
201806 -0.001 102.320 -0.001
201809 0.012 102.600 0.014
201812 -0.003 102.710 -0.004
201903 -0.011 102.870 -0.013
201906 0.023 103.360 0.027
201909 0.011 103.540 0.013
201912 0.000 103.650 0.000
202003 0.011 103.490 0.013
202006 0.011 103.320 0.013
202009 0.035 103.710 0.041
202012 0.024 103.890 0.028
202103 0.036 104.870 0.042
202106 0.012 105.360 0.014
202109 0.035 106.290 0.040
202112 0.000 107.490 0.000
202203 -0.022 110.950 -0.024
202206 2.696 113.570 2.917
202209 -0.030 114.920 -0.032
202212 -0.053 117.320 -0.056
202303 -0.064 119.750 -0.066
202306 -0.043 120.690 -0.044
202309 -0.064 121.280 -0.065
202312 -0.076 121.540 -0.077
202403 -0.011 122.360 -0.011
202406 -0.022 122.230 -0.022
202409 -0.111 122.260 -0.112
202412 -0.084 122.390 -0.084
202503 -0.022 123.010 -0.022
202506 -0.035 122.530 -0.035
202509 -0.047 122.880 -0.047

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 6.23 mean?
WithSecure (FSOYF) has a Shiller PE Ratio of 6.23 as of Jul. 26, 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 WithSecure and its competitors. This is 46% below median its historical median of 11.52. Over the past decade, WithSecure's Shiller PE Ratio has ranged from 2.27 to 27.34.
Is WithSecure's Shiller PE Ratio too high?
WithSecure's current Shiller PE Ratio of 6.23 is 46% below median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 27.34. The Software industry median Shiller PE Ratio is 26.76. WithSecure's value of 6.23 is 76.7% below this industry median. Overall, WithSecure has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's Shiller PE Ratio compare to MSFT and ORCL?
WithSecure's Shiller PE Ratio of 6.23 can be compared against companies in the Software industry. The industry median Shiller PE Ratio is 26.76. WithSecure's value of 6.23 is 76.7% below this benchmark. Historically, WithSecure's own Shiller PE Ratio has ranged from 2.27 to 27.34 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 26.76, WithSecure has consistently been below 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 26.76, based on 1,022 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. WithSecure's current Shiller PE Ratio of 6.23 is 76.7% below 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 WithSecure and its competitors. For the Software industry, the median Shiller PE Ratio is 26.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current Shiller PE Ratio is 6.23, which is 46% below median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (FSOYF) has a current Shiller PE Ratio of 6.23. The stock's GF Value™ is $0.90, compared to a current price of $1.62 — trading 80% above its estimated fair value. The current Shiller PE Ratio is 6.23, which is 46% below median its 10-year median of 11.52 and 76.7% below the Software industry median of 26.76. WithSecure's overall GF Score™ is 45/100 with 5 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 WithSecure (FSOYF), the current Shiller PE Ratio is 6.23 as of Jul. 26, 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 WithSecure (FSOYF) Overvalued in 2026?

Based on GuruFocus' analysis, WithSecure stock appears to be overvalued. The current stock price of $1.62 is trading 80% above its estimated GF Value™ of $0.90.

Key valuation signals for FSOYF:

  • Shiller PE Ratio: 6.23 (46% below median its 10-year median of 11.52)
  • GF Value™: $0.90 vs. price of $1.62 (80% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 76.7% below the Software median

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


WithSecure Business Description

Address Valimerenkatu 1, Helsinki, FIN, 00181
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
45GF Score

Get the complete analysis for FSOYF

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

$1.62
Price
$0.90
GF Value