VHC (VirnetX Holding) Shiller PE Ratio: 5.80 (As of Sep. 07, 2026) — 63% Below Median

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VHC VirnetX Holding Corp VHC
49 GF Score
Price $11.66
GF Value $60.80
Valuation Possible Value Trap
! 5 Warning Signs
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What is VirnetX Holding Shiller PE Ratio?

VirnetX Holding VHC +1.22% 49 Shiller PE Ratio is 5.80 as of Sep. 07, 2026, which is 63% below its 10-year median of 15.65. GuruFocus rates VHC with a GF Score™ of 49/100 and a GF Value™ of $60.80 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,020 Software companies, VirnetX Holding ranks better than 93.53% on this metric.

As of today (2026-09-07), VirnetX Holding's current share price is $11.66. VirnetX Holding's E10 for the quarter that ended in Jun. 2026 was $2.01. VirnetX Holding's Shiller PE Ratio for today is 5.80.

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

VHC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.05   Med: 15.65   Max: 1040
Current: 5.81

During the past years, VirnetX Holding's highest Shiller PE Ratio was 1040.00. The lowest was 4.05. And the median was 15.65.

VHC's Shiller PE Ratio is ranked better than
93.53% of 1020 companies
in the Software industry
Industry Median: 27.43 vs VHC: 5.81

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.

VirnetX Holding's adjusted earnings per share data for the three months ended in Jun. 2026 was $-1.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VirnetX Holding  (NAS:VHC) 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.


VirnetX Holding Shiller PE Ratio Related Terms


VirnetX Holding Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for VirnetX Holding'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.

VirnetX Holding Shiller PE Ratio Chart

VirnetX Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 17.37 18.09 11.34

VirnetX Holding 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 10.54 14.43 11.34 7.72 6.33

VHC vs RMXI, WHEN, LIDR: Shiller PE Ratio Comparison

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding Shiller PE Ratio vs Software Industry

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

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


VHC
49GF Score
VirnetX Holding Corp VHC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VirnetX Holding 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.

VirnetX Holding's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.66/2.01
=5.80

* 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.

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

For example, VirnetX Holding'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)
=-1.2/333.9520*333.9520
=-1.200

Current CPI (Jun. 2026) = 333.9520.

VirnetX Holding Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -2.600 241.428 -3.596
201612 -2.600 241.432 -3.596
201703 -1.400 243.801 -1.918
201706 -1.400 244.955 -1.909
201709 -1.200 246.819 -1.624
201712 -2.200 246.524 -2.980
201803 -2.600 249.554 -3.479
201806 -2.000 251.989 -2.651
201809 -1.600 252.439 -2.117
201812 -1.800 251.233 -2.393
201903 -1.600 254.202 -2.102
201906 -1.200 256.143 -1.565
201909 -1.400 256.759 -1.821
201912 -1.200 256.974 -1.559
202003 84.000 258.115 108.680
202006 -2.200 257.797 -2.850
202009 -1.200 260.280 -1.540
202012 -2.200 260.474 -2.821
202103 -7.400 264.877 -9.330
202106 -2.000 271.696 -2.458
202109 -1.000 274.310 -1.217
202112 -1.800 278.802 -2.156
202203 -1.000 287.504 -1.162
202206 -1.200 296.311 -1.352
202209 -1.200 296.808 -1.350
202212 -6.790 296.797 -7.640
202303 -1.250 301.836 -1.383
202306 -3.180 305.109 -3.481
202309 -1.360 307.789 -1.476
202312 -2.000 306.746 -2.177
202403 -1.190 312.332 -1.272
202406 -1.070 314.175 -1.137
202409 -1.070 315.301 -1.133
202412 -1.730 315.605 -1.831
202503 -1.010 319.799 -1.055
202506 -0.990 322.561 -1.025
202509 -1.180 324.800 -1.213
202512 -1.830 324.054 -1.886
202603 -1.160 330.213 -1.173
202606 -1.200 333.952 -1.200

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 5.80 mean?
VirnetX Holding (VHC) has a Shiller PE Ratio of 5.80 as of Sep. 07, 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 VirnetX Holding and its competitors. This is 63% below median its historical median of 15.65. Over the past decade, VirnetX Holding's Shiller PE Ratio has ranged from 4.05 to 1,040.00. According to the industry distribution chart, VirnetX Holding ranks #66 out of 1020 companies in the Software industry, placing it in the top 6.5%.
Is VirnetX Holding's Shiller PE Ratio too high?
VirnetX Holding's current Shiller PE Ratio of 5.80 is 63% below median its 10-year median of 15.65. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 1,040.00. The Software industry median Shiller PE Ratio is 27.43. VirnetX Holding's value of 5.80 is 78.9% below this industry median. Based on the distribution chart, VirnetX Holding ranks #66 out of 1020 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, VirnetX Holding has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VirnetX Holding's Shiller PE Ratio compare to RMXI and WHEN?
According to the Software industry distribution chart, VirnetX Holding ranks #66 out of 1020 companies for Shiller PE Ratio. This places VirnetX Holding in the top 7% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 27.43. VirnetX Holding's value of 5.80 is 78.9% below this benchmark. Historically, VirnetX Holding's own Shiller PE Ratio has ranged from 4.05 to 1,040.00 over the past decade. While the company's 10-year median is 15.65 vs. the industry median of 27.43, VirnetX Holding 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 27.43, based on 1,020 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. VirnetX Holding's current Shiller PE Ratio of 5.80 is 78.9% 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 VirnetX Holding and its competitors. For the Software industry, the median Shiller PE Ratio is 27.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirnetX Holding's current Shiller PE Ratio is 5.80, which is 63% below median its own 10-year median of 15.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirnetX Holding stock overvalued right now?
Based on GuruFocus' analysis, VirnetX Holding (VHC) is currently considered Possible Value Trap. The stock's GF Value™ is $60.80, compared to a current price of $11.66 — trading 80.8% below its estimated fair value. The current Shiller PE Ratio is 5.80, which is 63% below median its 10-year median of 15.65 and 78.9% below the Software industry median of 27.43. VirnetX Holding's overall GF Score™ is 49/100 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 VirnetX Holding (VHC), the current Shiller PE Ratio is 5.80 as of Sep. 07, 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 VirnetX Holding (VHC) Overvalued in 2026?

Based on GuruFocus' analysis, VirnetX Holding stock appears to be undervalued. The current stock price of $11.66 is trading 80.8% below its estimated GF Value™ of $60.80. GuruFocus considers VirnetX Holding to be Possible Value Trap.

Key valuation signals for VHC:

  • Shiller PE Ratio: 5.80 (63% below median its 10-year median of 15.65)
  • GF Value™: $60.80 vs. price of $11.66 (80.8% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 78.9% below the Software median (#66 of 1020)

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


VirnetX Holding Business Description

Other Exchanges VN20:Germany
Address 308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications. Its software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services and critical infrastructures.
49GF Score

Get the complete analysis for VHC

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

$11.66
Price
$60.80
GF Value