TEAM (Atlassian) Shiller PE Ratio: (As of Sep. 21, 2026)

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TEAM Atlassian Corp TEAM
76 GF Score
Price $192.02
GF Value $285.17
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  (NAS: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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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.


TEAM
76GF Score
Atlassian Corp TEAM
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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)
=0.5488/333.9520*333.9520
=0.549

Current CPI (Jun. 2026) = 333.9520.

Atlassian Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.010 241.428 -0.014
201612 -0.010 241.432 -0.014
201703 -0.080 243.801 -0.110
201706 -0.090 244.955 -0.123
201709 -0.050 246.819 -0.068
201712 -0.279 246.524 -0.378
201803 -0.068 249.554 -0.091
201806 -0.094 251.989 -0.124
201809 -1.026 252.439 -1.358
201812 0.183 251.233 0.243
201903 -0.847 254.202 -1.113
201906 -0.985 256.143 -1.284
201909 0.276 256.759 0.359
201912 0.494 256.974 0.643
202003 -0.647 258.115 -0.837
202006 -1.560 257.797 -2.021
202009 -0.087 260.280 -0.111
202012 -2.494 260.474 -3.198
202103 0.627 264.877 0.790
202106 -0.848 271.696 -1.042
202109 -1.631 274.310 -1.986
202112 -0.088 278.802 -0.106
202203 0.018 287.504 0.021
202206 -0.356 296.311 -0.401
202209 -0.054 296.808 -0.061
202212 -0.801 296.797 -0.902
202303 -0.814 301.836 -0.901
202306 -0.229 305.109 -0.251
202309 -0.124 307.789 -0.134
202312 -0.327 306.746 -0.356
202403 0.049 312.332 0.052
202406 -0.756 314.175 -0.804
202409 -0.475 315.301 -0.503
202412 -0.146 315.605 -0.155
202503 -0.270 319.799 -0.282
202506 -0.091 322.561 -0.094
202509 -0.197 324.800 -0.203
202512 -0.162 324.054 -0.167
202603 -0.377 330.213 -0.381
202606 0.549 333.952 0.549

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 (TEAM) Overvalued in 2026?

Based on GuruFocus' analysis, Atlassian stock appears to be undervalued. The current stock price of $192.02 is trading 32.7% below its estimated GF Value™ of $285.17. GuruFocus considers Atlassian to be Significantly Undervalued.

Key valuation signals for TEAM:

  • Shiller PE Ratio:
  • GF Value™: $285.17 vs. price of $192.02 (32.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the 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.
76GF Score

Get the complete analysis for TEAM

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

$192.02
Price
$285.17
GF Value