GURUFOCUS.COM » STOCK LIST » Technology » Software » Calix Inc (NYSE:CALX) » Definitions » E10

Calix (CALX) E10 : $0.11 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Calix 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.

Calix's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Calix's average E10 Growth Rate was 450.00% 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 Calix was 77.90% per year. The lowest was 56.00% per year. And the median was 66.95% per year.

As of today (2024-04-29), Calix's current stock price is $28.05. Calix's E10 for the quarter that ended in Mar. 2024 was $0.11. Calix's Shiller PE Ratio of today is 255.00.

During the past 13 years, the highest Shiller PE Ratio of Calix was 2783.00. The lowest was 253.32. And the median was 621.14.


Calix E10 Historical Data

The historical data trend for Calix'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.

Calix E10 Chart

Calix 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 -0.93 -0.60 -0.14 -0.01 0.08

Calix 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 0.02 0.05 0.07 0.08 0.11

Competitive Comparison of Calix's E10

For the Software - Application subindustry, Calix'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.


Calix's Shiller PE Ratio Distribution in the Software Industry

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

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



Calix 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, Calix'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)
=0.002/129.4194*129.4194
=0.002

Current CPI (Mar. 2024) = 129.4194.

Calix Quarterly Data

per share eps CPI Adj_EPS
201406 -0.080 100.560 -0.103
201409 -0.080 100.428 -0.103
201412 -0.030 99.070 -0.039
201503 -0.230 99.621 -0.299
201506 -0.110 100.684 -0.141
201509 0.020 100.392 0.026
201512 -0.190 99.792 -0.246
201603 -0.220 100.470 -0.283
201606 -0.120 101.688 -0.153
201609 0.010 101.861 0.013
201612 -0.230 101.863 -0.292
201703 -0.670 102.862 -0.843
201706 -0.380 103.349 -0.476
201709 -0.350 104.136 -0.435
201712 -0.250 104.011 -0.311
201803 -0.230 105.290 -0.283
201806 -0.050 106.317 -0.061
201809 0.020 106.507 0.024
201812 -0.100 105.998 -0.122
201903 -0.180 107.251 -0.217
201906 -0.090 108.070 -0.108
201909 -0.060 108.329 -0.072
201912 0.010 108.420 0.012
202003 -0.120 108.902 -0.143
202006 -0.070 108.767 -0.083
202009 0.320 109.815 0.377
202012 0.370 109.897 0.436
202103 0.310 111.754 0.359
202106 0.300 114.631 0.339
202109 2.610 115.734 2.919
202112 0.290 117.630 0.319
202203 0.120 121.301 0.128
202206 0.110 125.017 0.114
202209 0.190 125.227 0.196
202212 0.170 125.222 0.176
202303 0.140 127.348 0.142
202306 0.130 128.729 0.131
202309 0.240 129.860 0.239
202312 -0.060 129.419 -0.060
202403 0.002 129.419 0.002

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


Calix  (NYSE:CALX) 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.

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

Shiller PE Ratio=Share Price/E10
=28.05/0.11
=255.00

* 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 Calix was 2783.00. The lowest was 253.32. And the median was 621.14.


Be Aware

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


Calix E10 Related Terms

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


Calix (CALX) Business Description

Traded in Other Exchanges
Address
2777 Orchard Parkway, San Jose, CA, USA, 95134
Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission to enable communications, and service providers of all sizes to simplify, excite and grow. The Company's revenue is principally derived in the United States.
Executives
Eleanor Fields director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Rajatish Mukherjee director C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
John Matthew Collins officer: EVP, Commercial Operations C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Eleniak Shane Todd Marshall officer: EVP, Products C/O CALIX, INC., 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Kira Makagon director C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Michael Matthews director C/O CALIX, INC., 1035 N. MCDOWELL BLVD., PETALUMA CA 94954
Sindelar Cory officer: interim CFO & PFO C/O LEGATO SYSTEMS INC, 2350 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Donald J Listwin director 2777 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher J Bowick director 1400 LAKE HEARN DR, ATLANTA GA 30319
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
J Daniel Plants director ONE EMBARCADERO CENTER, SUITE 1140, SAN FRANCISCO CA 94111
Sheila Cheung officer: VP, Finance & Accounting 100 HEADQUARTERS DR, SAN JOSE CA 95134
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
William J Atkins officer: Executive VP and CFO 591 SPRUCE STREET, SAN FRANCISCO CA 94118
Gregory A. Billings officer: SVP, Services 1035 N MCDOWELL BLVD, PETALUMA X1 94954

Calix (CALX) Headlines

From GuruFocus

Calix Releases Third Quarter 2023 Financial Results

By Business Wire 10-23-2023