Amdocs (HAM:AOS) Shiller PE Ratio: 12.33 (As of Sep. 15, 2026) — 45% Below Median

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HAM:AOS Amdocs Ltd HAM:AOS
80 GF Score
Price €52.20
GF Value €73.76
! 1 Warning Sign
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What is Amdocs Shiller PE Ratio?

Amdocs HAM:AOS +1.91% 80 Shiller PE Ratio is 12.33 as of Sep. 15, 2026, which is 45% below its 10-year median of 22.48. GuruFocus rates HAM:AOS with a GF Score™ of 80/100 and a GF Value™ of €73.76. The stock has 1 warning sign investors should review. Among 1,033 Software companies, Amdocs ranks better than 79.77% on this metric.

As of today (2026-09-15), Amdocs's current share price is €52.20. Amdocs's E10 for the quarter that ended in Jun. 2026 was €4.23. Amdocs's Shiller PE Ratio for today is 12.33.

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

HAM:AOS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.88   Med: 22.48   Max: 28.21
Current: 12.95

During the past years, Amdocs's highest Shiller PE Ratio was 28.21. The lowest was 10.88. And the median was 22.48.

HAM:AOS's Shiller PE Ratio is ranked better than
79.77% of 1033 companies
in the Software industry
Industry Median: 26.74 vs HAM:AOS: 12.95

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.

Amdocs's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.506. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amdocs  (HAM:AOS) 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.


Amdocs Shiller PE Ratio Related Terms


Amdocs Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Amdocs'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.

Amdocs Shiller PE Ratio Chart

Amdocs Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Amdocs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 16.72 13.37 10.56

HAM:AOS vs MBGL, QLYS, WEX: Shiller PE Ratio Comparison

For the Software - Infrastructure subindustry, Amdocs'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.


Amdocs Shiller PE Ratio vs Software Industry

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

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


HAM:AOS
80GF Score
Amdocs Ltd HAM:AOS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amdocs 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.

Amdocs's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.20/4.234
=12.33

* 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.

Amdocs's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Amdocs's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.5059/333.9520*333.9520
=0.506

Current CPI (Jun. 2026) = 333.9520.

Amdocs Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.574 241.428 0.793
201612 0.612 241.432 0.847
201703 0.713 243.801 0.977
201706 0.736 244.955 1.004
201709 0.622 246.819 0.842
201712 0.683 246.524 0.925
201803 0.573 249.554 0.767
201806 0.537 251.989 0.711
201809 0.270 252.439 0.357
201812 0.634 251.233 0.843
201903 0.789 254.202 1.037
201906 0.853 256.143 1.113
201909 0.801 256.759 1.041
201912 0.772 256.974 1.003
202003 0.854 258.115 1.105
202006 0.818 257.797 1.060
202009 0.861 260.280 1.105
202012 1.910 260.474 2.449
202103 0.756 264.877 0.954
202106 0.947 271.696 1.164
202109 0.817 274.310 0.995
202112 0.933 278.802 1.117
202203 1.141 287.504 1.325
202206 0.979 296.311 1.103
202209 1.031 296.808 1.160
202212 1.047 296.797 1.178
202303 1.149 301.836 1.271
202306 1.217 305.109 1.332
202309 0.789 307.789 0.856
202312 1.171 306.746 1.275
202403 0.932 312.332 0.997
202406 1.128 314.175 1.199
202409 0.688 315.301 0.729
202412 1.272 315.605 1.346
202503 1.379 319.799 1.440
202506 1.222 322.561 1.265
202509 0.736 324.800 0.757
202512 1.248 324.054 1.286
202603 1.096 330.213 1.108
202606 0.506 333.952 0.506

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 12.33 mean?
Amdocs (HAM:AOS) has a Shiller PE Ratio of 12.33 as of Sep. 15, 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 Amdocs and its competitors. This is 45% below median its historical median of 22.48. Over the past decade, Amdocs' Shiller PE Ratio has ranged from 10.88 to 28.21. According to the industry distribution chart, Amdocs ranks #209 out of 1033 companies in the Software industry, placing it in the top 20.2%.
Is Amdocs' Shiller PE Ratio too high?
Amdocs' current Shiller PE Ratio of 12.33 is 45% below median its 10-year median of 22.48. Over the past 10 years, this metric has ranged from a low of 10.88 to a high of 28.21. The Software industry median Shiller PE Ratio is 26.74. Amdocs' value of 12.33 is 53.9% below this industry median. Based on the distribution chart, Amdocs ranks #209 out of 1033 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Amdocs has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Amdocs' Shiller PE Ratio compare to MBGL and QLYS?
According to the Software industry distribution chart, Amdocs ranks #209 out of 1033 companies for Shiller PE Ratio. This places Amdocs in the top 20% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 26.74. Amdocs' value of 12.33 is 53.9% below this benchmark. Historically, Amdocs' own Shiller PE Ratio has ranged from 10.88 to 28.21 over the past decade. While the company's 10-year median is 22.48 vs. the industry median of 26.74, Amdocs 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 26.74, based on 1,033 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. Amdocs's current Shiller PE Ratio of 12.33 is 53.9% 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 Amdocs and its competitors. For the Software industry, the median Shiller PE Ratio is 26.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amdocs's current Shiller PE Ratio is 12.33, which is 45% below median its own 10-year median of 22.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amdocs stock overvalued right now?
Amdocs (HAM:AOS) has a current Shiller PE Ratio of 12.33. The stock's GF Value™ is €73.76, compared to a current price of €52.20 — trading 29.2% below its estimated fair value. The current Shiller PE Ratio is 12.33, which is 45% below median its 10-year median of 22.48 and 53.9% below the Software industry median of 26.74. Amdocs' overall GF Score™ is 80/100 with 1 warning sign 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 Amdocs (HAM:AOS), the current Shiller PE Ratio is 12.33 as of Sep. 15, 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 Amdocs (HAM:AOS) Overvalued in 2026?

Based on GuruFocus' analysis, Amdocs stock appears to be undervalued. The current stock price of €52.20 is trading 29.2% below its estimated GF Value™ of €73.76.

Key valuation signals for HAM:AOS:

  • Shiller PE Ratio: 12.33 (45% below median its 10-year median of 22.48)
  • GF Value™: €73.76 vs. price of €52.20 (29.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 53.9% below the Software median (#209 of 1033)

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


Amdocs Business Description

Address 625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141
Amdocs Ltd is a provider of software and services to communications, entertainment, and media service providers. The Company operates in a single segment and designs, develops, markets, supports, implements, and operates open and modular cloud offerings. Its portfolio includes solutions across digital business systems and legacy business and operational support systems, supporting multiple lines of business such as wireless, broadband, cable, fiber, satellite, and digital services. The Company leverages artificial intelligence to support digital transformation, cloud adoption, and intelligent network automation. Geographically, it derives a majority of its revenue from North America and also operates in Europe and the rest of the world.
80GF Score

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

€52.20
Price
€73.76
GF Value