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Mitek SystemsMITK +0.22%80 Shiller PE Ratio is 123.73 as of Aug. 22, 2026, which is 3% below its 10-year median of 128.07. GuruFocus rates MITK with a GF Score™ of 80/100 and a GF Value™ of $11.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,022 Software companies, Mitek Systems ranks worse than 90.61% on this metric.
As of today (2026-08-22), Mitek Systems's current share price is $18.56. Mitek Systems's E10 for the quarter that ended in Jun. 2026 was $0.15. Mitek Systems's Shiller PE Ratio for today is 123.73.
The historical rank and industry rank for Mitek Systems's Shiller PE Ratio or its related term are showing as below:
MITK'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 67.91 Med: 128.07 Max: 1158
Current: 120.98
During the past years, Mitek Systems's highest Shiller PE Ratio was 1158.00. The lowest was 67.91. And the median was 128.07.
MITK's Shiller PE Ratio is ranked worse than 90.61% of 1022
companies
in the Software industry
Industry Median: 27.49
vs MITK: 120.98
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.
Mitek Systems's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.15 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mitek Systems (NAS:MITK) 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.
Mitek Systems Shiller PE Ratio Related Terms
Mitek Systems Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Mitek Systems'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.
MITK vs DJCO, PD, RSKD: Shiller PE Ratio Comparison
For the Software - Application subindustry, Mitek Systems'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.
Mitek Systems Shiller PE Ratio vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Mitek Systems'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.
Mitek Systems'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.
Mitek Systems's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Mitek Systems'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.
Mitek Systems (MITK) has a Shiller PE Ratio of 123.73 as of Aug. 22, 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 Mitek Systems and its competitors. This is near median its historical median of 128.07. Over the past decade, Mitek Systems' Shiller PE Ratio has ranged from 67.91 to 1,158.00. According to the industry distribution chart, Mitek Systems ranks #926 out of 1022 companies in the Software industry, placing it in the top 90.6%.
Is Mitek Systems' Shiller PE Ratio too high?
Mitek Systems' current Shiller PE Ratio of 123.73 is near median its 10-year median of 128.07. Over the past 10 years, this metric has ranged from a low of 67.91 to a high of 1,158.00. The Software industry median Shiller PE Ratio is 27.49. Mitek Systems' value of 123.73 is 350.1% above this industry median. Based on the distribution chart, Mitek Systems ranks #926 out of 1022 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mitek Systems has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Shiller PE Ratio compare to DJCO and PD?
According to the Software industry distribution chart, Mitek Systems ranks #926 out of 1022 companies for Shiller PE Ratio. This places Mitek Systems in the lower half of its industry. The industry median Shiller PE Ratio is 27.49. Mitek Systems' value of 123.73 is 350.1% above this benchmark. Historically, Mitek Systems' own Shiller PE Ratio has ranged from 67.91 to 1,158.00 over the past decade. While the company's 10-year median is 128.07 vs. the industry median of 27.49, Mitek Systems 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 27.49, 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. Mitek Systems's current Shiller PE Ratio of 123.73 is 350.1% 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 Mitek Systems and its competitors. For the Software industry, the median Shiller PE Ratio is 27.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Shiller PE Ratio is 123.73, which is near median its own 10-year median of 128.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (MITK) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.51, compared to a current price of $18.56 — trading 61.3% above its estimated fair value. The current Shiller PE Ratio is 123.73, which is near median its 10-year median of 128.07 and 350.1% above the Software industry median of 27.49. Mitek Systems' overall GF Score™ is 80/100 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 Mitek Systems (MITK), the current Shiller PE Ratio is 123.73 as of Aug. 22, 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 Mitek Systems (MITK) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of $18.56 is trading 61.3% above its estimated GF Value™ of $11.51.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for MITK:
Shiller PE Ratio: 123.73 (near median its 10-year median of 128.07)
GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
Industry Position: 350.1% above the Software median (#926 of 1022)
No single metric tells the full story. See the MITK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
80GF Score
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