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Autodesk (BSP:A1UT34) E10 : R$1.22 (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 R$1.611. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.22 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 (2024-05-24), Autodesk's current stock price is R$276.36. Autodesk's E10 for the quarter that ended in Jan. 2024 was R$1.22. Autodesk's Shiller PE Ratio of today is 226.52.

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 - 0.41 0.52 0.84 1.22

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 0.84 0.89 0.93 1.12 1.22

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)
=1.611/130.1244*130.1244
=1.611

Current CPI (Jan. 2024) = 130.1244.

Autodesk Quarterly Data

per share eps CPI Adj_EPS
201404 0.067 100.023 0.087
201407 0.072 100.520 0.093
201410 0.031 100.176 0.040
201501 0.033 98.604 0.044
201504 0.061 99.824 0.080
201507 -0.952 100.691 -1.230
201510 -0.184 100.346 -0.239
201601 -0.152 99.957 -0.198
201604 -0.668 100.947 -0.861
201607 -0.361 101.524 -0.463
201610 -0.510 101.988 -0.651
201701 -0.614 102.456 -0.780
201704 -0.463 103.167 -0.584
201707 -0.528 103.278 -0.665
201710 -0.439 104.070 -0.549
201801 -0.634 104.578 -0.789
201804 -0.324 105.708 -0.399
201807 -0.172 106.324 -0.211
201810 -0.103 106.695 -0.126
201901 0.271 106.200 0.332
201904 -0.107 107.818 -0.129
201907 0.170 108.250 0.204
201910 0.306 108.577 0.367
202001 0.612 108.841 0.732
202004 0.399 108.173 0.480
202007 0.580 109.318 0.690
202010 0.830 109.861 0.983
202101 5.501 110.364 6.486
202104 0.975 112.673 1.126
202107 0.671 115.183 0.758
202110 0.859 116.696 0.958
202201 0.553 118.619 0.607
202204 0.796 121.978 0.849
202207 1.141 125.002 1.188
202210 1.195 125.734 1.237
202301 1.752 126.223 1.806
202304 0.942 127.992 0.958
202307 1.236 128.974 1.247
202310 1.416 129.810 1.419
202401 1.611 130.124 1.611

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


Autodesk  (BSP:A1UT34) 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
=276.36/1.22
=226.52

* 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 (BSP:A1UT34) 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.

Autodesk (BSP:A1UT34) Headlines

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