Axon Enterprise (WBO:AXNE) Shiller PE Ratio: (As of Sep. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:AXNE Axon Enterprise Inc WBO:AXNE
88 GF Score
Price €423.70
GF Value €563.27
! 4 Warning Signs
View Full Analysis

What is Axon Enterprise Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axon Enterprise  (WBO:AXNE) 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.


Axon Enterprise Shiller PE Ratio Related Terms


Axon Enterprise Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Axon Enterprise'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.

Axon Enterprise Shiller PE Ratio Chart

Axon Enterprise 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 976.59 485.78 479.99 602.18 508.07

Axon Enterprise 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 733.34 635.23 508.07 317.94 407.08

WBO:AXNE vs : Shiller PE Ratio Comparison

For the Aerospace & Defense subindustry, Axon Enterprise'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.


Axon Enterprise Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Shiller PE Ratio distribution charts can be found below:

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


WBO:AXNE
88GF Score
Axon Enterprise Inc WBO:AXNE
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axon Enterprise 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.

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

For example, Axon Enterprise'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)
=0.312/333.9520*333.9520
=0.312

Current CPI (Jun. 2026) = 333.9520.

Axon Enterprise Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.062 241.428 0.086
201612 0.114 241.432 0.158
201703 0.084 243.801 0.115
201706 0.036 244.955 0.049
201709 0.008 246.819 0.011
201712 -0.034 246.524 -0.046
201803 0.195 249.554 0.261
201806 0.128 251.989 0.170
201809 0.086 252.439 0.114
201812 0.026 251.233 0.035
201903 0.097 254.202 0.127
201906 0.009 256.143 0.012
201909 0.091 256.759 0.118
201912 -0.189 256.974 -0.246
202003 0.063 258.115 0.082
202006 -0.453 257.797 -0.587
202009 -0.008 260.280 -0.010
202012 0.329 260.474 0.422
202103 -0.630 264.877 -0.794
202106 -0.598 271.696 -0.735
202109 0.570 274.310 0.694
202112 -0.168 278.802 -0.201
202203 0.690 287.504 0.801
202206 0.672 296.311 0.757
202209 0.172 296.808 0.194
202212 0.378 296.797 0.425
202303 0.570 301.836 0.631
202306 0.148 305.109 0.162
202309 0.759 307.789 0.824
202312 0.688 306.746 0.749
202403 1.592 312.332 1.702
202406 0.492 314.175 0.523
202409 0.775 315.301 0.821
202412 1.595 315.605 1.688
202503 0.999 319.799 1.043
202506 0.381 322.561 0.394
202509 -0.026 324.800 -0.027
202512 0.026 324.054 0.027
202603 1.773 330.213 1.793
202606 0.312 333.952 0.312

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 Axon Enterprise (WBO:AXNE) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of €423.70 is trading 24.8% below its estimated GF Value™ of €563.27.

Key valuation signals for WBO:AXNE:

  • Shiller PE Ratio:
  • GF Value™: €563.27 vs. price of €423.70 (24.8% below fair value)
  • GF Score™: 88/100 with 4 warning signs

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


Axon Enterprise Business Description

Comparable Companies
Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.
88GF Score

Get the complete analysis for WBO:AXNE

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

€423.70
Price
€563.27
GF Value