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Ansys (WBO:ANSS) E10 : €4.72 (As of Mar. 2024)


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What is Ansys 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.

Ansys's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.368. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ansys's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 13.10% per year. During the past 10 years, the average E10 Growth Rate was 13.90% 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 Ansys was 25.40% per year. The lowest was 12.70% per year. And the median was 15.65% per year.

As of today (2024-05-23), Ansys's current stock price is €302.70. Ansys's E10 for the quarter that ended in Mar. 2024 was €4.72. Ansys's Shiller PE Ratio of today is 64.13.

During the past 13 years, the highest Shiller PE Ratio of Ansys was 114.33. The lowest was 40.20. And the median was 62.76.


Ansys E10 Historical Data

The historical data trend for Ansys'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.

Ansys E10 Chart

Ansys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.65 4.36 4.52

Ansys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.35 4.45 4.62 4.52 4.72

Competitive Comparison of Ansys's E10

For the Software - Application subindustry, Ansys'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.


Ansys's Shiller PE Ratio Distribution in the Software Industry

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

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



Ansys 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, Ansys's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.368/131.7762*131.7762
=0.368

Current CPI (Mar. 2024) = 131.7762.

Ansys Quarterly Data

per share eps CPI Adj_EPS
201406 0.493 100.560 0.646
201409 0.543 100.428 0.712
201412 0.600 99.070 0.798
201503 0.564 99.621 0.746
201506 0.606 100.684 0.793
201509 0.642 100.392 0.843
201512 0.689 99.792 0.910
201603 0.566 100.470 0.742
201606 0.694 101.688 0.899
201609 0.695 101.861 0.899
201612 0.758 101.863 0.981
201703 0.683 102.862 0.875
201706 0.712 103.349 0.908
201709 0.713 104.136 0.902
201712 0.515 104.011 0.652
201803 0.795 105.290 0.995
201806 0.924 106.317 1.145
201809 0.891 106.507 1.102
201812 1.573 105.998 1.956
201903 0.894 107.251 1.098
201906 1.133 108.070 1.382
201909 0.944 108.329 1.148
201912 1.719 108.420 2.089
202003 0.480 108.902 0.581
202006 0.986 108.767 1.195
202009 0.739 109.815 0.887
202012 2.022 109.897 2.425
202103 0.689 111.754 0.812
202106 0.880 114.631 1.012
202109 0.825 115.734 0.939
202112 2.036 117.630 2.281
202203 0.735 121.301 0.798
202206 1.069 125.017 1.127
202209 1.111 125.227 1.169
202212 2.785 125.222 2.931
202303 1.074 127.348 1.111
202306 0.738 128.729 0.755
202309 0.600 129.860 0.609
202312 2.889 129.419 2.942
202403 0.368 131.776 0.368

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


Ansys  (WBO:ANSS) 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.

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

Shiller PE Ratio=Share Price/E10
=302.70/4.72
=64.13

* 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 Ansys was 114.33. The lowest was 40.20. And the median was 62.76.


Be Aware

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


Ansys E10 Related Terms

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


Ansys (WBO:ANSS) Business Description

Address
2600 ANSYS Drive, Canonsburg, PA, USA, 15317
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.

Ansys (WBO:ANSS) Headlines

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