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Autodesk (Autodesk) E10 : $0.98 (As of Jan. 2024)


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What is Autodesk E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Autodesk's adjusted earnings per share data for the three months ended in Jan. 2024 was $1.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.98 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Autodesk's average E10 Growth Rate was 46.30% per year. During the past 3 years, the average E10 Growth Rate was 48.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Autodesk was 48.40% per year. The lowest was -30.90% per year. And the median was 12.80% per year.

As of today (2024-04-27), Autodesk's current stock price is $217.93. Autodesk's E10 for the quarter that ended in Jan. 2024 was $0.98. Autodesk's Shiller PE Ratio of today is 222.38.

During the past 13 years, the highest Shiller PE Ratio of Autodesk was 2158.33. The lowest was 32.02. And the median was 240.00.


Autodesk E10 Historical Data

The historical data trend for Autodesk's E10 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.

* Premium members only.

Autodesk E10 Chart

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 0.30 0.40 0.67 0.98

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
E10 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 0.67 0.72 0.79 0.88 0.98

Competitive Comparison of Autodesk's E10

For the Software - Application subindustry, Autodesk'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.


Autodesk's Shiller PE Ratio Distribution in the Software Industry

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

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



Autodesk E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Autodesk's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.31/129.4194*129.4194
=1.310

Current CPI (Jan. 2024) = 129.4194.

Autodesk Quarterly Data

per share eps CPI Adj_EPS
201404 0.120 100.023 0.155
201407 0.130 100.520 0.167
201410 0.050 100.176 0.065
201501 0.050 98.604 0.066
201504 0.080 99.824 0.104
201507 -1.180 100.691 -1.517
201510 -0.190 100.346 -0.245
201601 -0.150 99.957 -0.194
201604 -0.750 100.947 -0.962
201607 -0.440 101.524 -0.561
201610 -0.640 101.988 -0.812
201701 -0.770 102.456 -0.973
201704 -0.590 103.167 -0.740
201707 -0.660 103.278 -0.827
201710 -0.550 104.070 -0.684
201801 -0.790 104.578 -0.978
201804 -0.380 105.708 -0.465
201807 -0.180 106.324 -0.219
201810 -0.110 106.695 -0.133
201901 0.290 106.200 0.353
201904 -0.110 107.818 -0.132
201907 0.180 108.250 0.215
201910 0.300 108.577 0.358
202001 0.590 108.841 0.702
202004 0.300 108.173 0.359
202007 0.440 109.318 0.521
202010 0.590 109.861 0.695
202101 4.100 110.364 4.808
202104 0.700 112.673 0.804
202107 0.520 115.183 0.584
202110 0.620 116.696 0.688
202201 0.400 118.619 0.436
202204 0.670 121.978 0.711
202207 0.850 125.002 0.880
202210 0.910 125.734 0.937
202301 1.350 126.223 1.384
202304 0.750 127.992 0.758
202307 1.030 128.974 1.034
202310 1.120 129.810 1.117
202401 1.310 129.419 1.310

Add all the adjusted EPS together and divide 10 will get our e10.


Autodesk  (NAS:ADSK) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Autodesk's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=217.93/0.98
=222.38

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Autodesk was 2158.33. The lowest was 32.02. And the median was 240.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Autodesk E10 Related Terms

Thank you for viewing the detailed overview of Autodesk's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Autodesk (Autodesk) Business Description

Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
Executives
Mary T Mcdowell director
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Rebecca Pearce officer: EVP, Chief People Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Stephen W. Hope officer: VP & Chief Accounting Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Andrew Anagnost director, officer: President and CEO 111 MCINNIS PARKWAY, AUTODESK, INC., SAN RAFAEL CA 94903
Deborah Clifford officer: EVP & Chief Financial Officer 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Rami Rahim director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Ruth Ann Keene officer: EVP, Corp Affairs, CLO C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
Di Fronzo Pascal W officer: EVP, Corp Affairs, CLO & Sec AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Steven M Blum officer: Chief Revenue Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Stephen D Milligan director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119