Atlassian (MEX:TEAM) Shiller PE Ratio: (As of Sep. 22, 2026)

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MEX:TEAM Atlassian Corp MEX:TEAM
74 GF Score
Price MXN3,444.00
GF Value MXN4,932.51
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Atlassian Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlassian  (MEX:TEAM) 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.


Atlassian Shiller PE Ratio Related Terms


Atlassian Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Atlassian'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.

Atlassian Shiller PE Ratio Chart

Atlassian Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Shiller PE Ratio
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Atlassian Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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MEX:TEAM vs WDAY, MSTR, PAYX: Shiller PE Ratio Comparison

For the Software - Application subindustry, Atlassian'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.


Atlassian Shiller PE Ratio vs Software Industry

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

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


MEX:TEAM
74GF Score
Atlassian Corp MEX:TEAM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlassian 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.

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

For example, Atlassian'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)
=9.5472/333.9520*333.9520
=9.547

Current CPI (Jun. 2026) = 333.9520.

Atlassian Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.188 241.428 -0.259
201612 -0.198 241.432 -0.274
201703 -1.624 243.801 -2.225
201706 -1.670 244.955 -2.276
201709 -0.897 246.819 -1.213
201712 -5.287 246.524 -7.162
201803 -1.276 249.554 -1.708
201806 -1.817 251.989 -2.408
201809 -19.481 252.439 -25.772
201812 3.623 251.233 4.816
201903 -16.269 254.202 -21.373
201906 -18.841 256.143 -24.564
201909 5.369 256.759 6.983
201912 9.519 256.974 12.370
202003 -12.968 258.115 -16.778
202006 -36.395 257.797 -47.147
202009 -1.921 260.280 -2.465
202012 -51.271 260.474 -65.734
202103 12.754 264.877 16.080
202106 -16.980 271.696 -20.870
202109 -32.671 274.310 -39.775
202112 -1.832 278.802 -2.195
202203 0.374 287.504 0.434
202206 -7.142 296.311 -8.049
202209 -1.090 296.808 -1.227
202212 -15.777 296.797 -17.752
202303 -15.186 301.836 -16.801
202306 -4.054 305.109 -4.437
202309 -2.110 307.789 -2.289
202312 -5.737 306.746 -6.246
202403 0.828 312.332 0.885
202406 -13.043 314.175 -13.864
202409 -8.995 315.301 -9.527
202412 -2.940 315.605 -3.111
202503 -5.502 319.799 -5.745
202506 -1.776 322.561 -1.838
202509 -3.675 324.800 -3.778
202512 -2.958 324.054 -3.049
202603 -6.621 330.213 -6.695
202606 9.547 333.952 9.547

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.

Is Atlassian (MEX:TEAM) Overvalued in 2026?

Based on GuruFocus' analysis, Atlassian stock appears to be undervalued. The current stock price of MXN3,444.00 is trading 30.2% below its estimated GF Value™ of MXN4,932.51. GuruFocus considers Atlassian to be Significantly Undervalued.

Key valuation signals for MEX:TEAM:

  • Shiller PE Ratio:
  • GF Value™: MXN4,932.51 vs. price of MXN3,444.00 (30.2% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Atlassian Business Description

Address 350 Bush Street, Floor 13, San Francisco, CA, USA, 94104
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
74GF Score

Get the complete analysis for MEX:TEAM

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

MXN3,444.00
Price
MXN4,932.51
GF Value