GURUFOCUS.COM » STOCK LIST » Technology » Software » Atlassian Corp (NAS:TEAM) » Definitions » E10

Atlassian (Atlassian) E10 : $-1.42 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Atlassian 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.

Atlassian's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.42 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Atlassian's current stock price is $179.45. Atlassian's E10 for the quarter that ended in Dec. 2023 was $-1.42. Atlassian's Shiller PE Ratio of today is .


Atlassian E10 Historical Data

The historical data trend for Atlassian'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.

Atlassian E10 Chart

Atlassian Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Atlassian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -1.42

Competitive Comparison of Atlassian's E10

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's Shiller PE Ratio Distribution in the 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.



Atlassian 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, Atlassian's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.33/125.6559*125.6559
=-0.330

Current CPI (Dec. 2023) = 125.6559.

Atlassian Quarterly Data

per share eps CPI Adj_EPS
201306 0.000 95.473 0.000
201406 0.000 98.352 0.000
201409 0.017 98.816 0.022
201412 0.024 99.002 0.030
201503 -0.003 99.187 -0.004
201506 -0.006 99.838 -0.008
201509 0.033 100.302 0.041
201512 0.030 100.673 0.037
201603 -0.010 100.488 -0.013
201606 -0.020 100.859 -0.025
201609 -0.010 101.602 -0.012
201612 -0.010 102.159 -0.012
201703 -0.080 102.624 -0.098
201706 -0.090 102.809 -0.110
201709 -0.050 103.460 -0.061
201712 -0.280 104.110 -0.338
201803 -0.070 104.574 -0.084
201806 -0.110 104.945 -0.132
201809 -1.030 105.410 -1.228
201812 0.180 105.967 0.213
201903 -0.850 105.967 -1.008
201906 -0.990 106.617 -1.167
201909 0.280 107.174 0.328
201912 0.490 107.917 0.571
202003 -0.650 108.289 -0.754
202006 -1.560 106.246 -1.845
202009 -0.090 107.917 -0.105
202012 -2.490 108.846 -2.875
202103 0.630 109.496 0.723
202106 -0.850 110.332 -0.968
202109 -1.630 111.168 -1.842
202112 -0.090 112.654 -0.100
202203 0.020 115.069 0.022
202206 -0.410 117.112 -0.440
202209 -0.050 119.248 -0.053
202212 -0.800 121.477 -0.828
202303 -0.810 123.148 -0.826
202306 -0.230 124.170 -0.233
202309 -0.120 125.656 -0.120
202312 -0.330 125.656 -0.330

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


Atlassian  (NAS:TEAM) 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.


Be Aware

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


Atlassian E10 Related Terms

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


Atlassian (Atlassian) Business Description

Traded in Other Exchanges
Address
341 George Street, Level 6, Sydney, NSW, AUS, 2000
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.
Executives
Michael Cannon-brookes director, 10 percent owner, officer: Co-CEO, Co-Founder ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Scott Farquhar director, 10 percent owner, officer: Co-CEO, Co-Founder ATLASSIAN, 350 BUSH STREET, SAN FRANCISCO CA 94104
Anutthara Bharadwaj officer: Chief Operating Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Gene Liu officer: Principal Accounting Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Heather Mirjahangir Fernandez director C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Rajeev Bashyam Rajan officer: Chief Technology Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Cameron Deatsch officer: Chief Revenue Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94101
Joseph Leo Binz officer: Chief Financial Officer C/O ATLASSIAN, 350 BUSH STREET FLOOR 13, SAN FRANCISCO CA 94104
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Sasan K Goodarzi director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Shona L Brown director 1600 AMIPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Rich Wong director 428 UNIVERSITY AVE, PALO ALTO CA 94555
Michelle Zatlyn director C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Steven J Sordello director C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Jay Parikh director 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301