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Wix.com (Wix.com) Cyclically Adjusted Book per Share : $1.22 (As of Mar. 2024)


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What is Wix.com Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Wix.com's adjusted book value per share for the three months ended in Mar. 2024 was $-3.490. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wix.com's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-21), Wix.com's current stock price is $173.00. Wix.com's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.22. Wix.com's Cyclically Adjusted PB Ratio of today is 141.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wix.com was 137.61. The lowest was 32.20. And the median was 57.61.


Wix.com Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wix.com's Cyclically Adjusted Book per Share 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.

Wix.com Cyclically Adjusted Book per Share Chart

Wix.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.74 1.57 1.33

Wix.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 1.46 1.42 1.41 1.33 1.22

Competitive Comparison of Wix.com's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Wix.com's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Wix.com's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wix.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wix.com's Cyclically Adjusted PB Ratio falls into.



Wix.com Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

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, Wix.com's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.49/131.7762*131.7762
=-3.490

Current CPI (Mar. 2024) = 131.7762.

Wix.com Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.076 100.560 1.410
201409 0.794 100.428 1.042
201412 0.485 99.070 0.645
201503 0.233 99.621 0.308
201506 0.131 100.684 0.171
201509 -0.006 100.392 -0.008
201512 -0.094 99.792 -0.124
201603 -0.320 100.470 -0.420
201606 -0.385 101.688 -0.499
201609 -0.183 101.861 -0.237
201612 -0.056 101.863 -0.072
201703 -0.047 102.862 -0.060
201706 0.017 103.349 0.022
201709 0.094 104.136 0.119
201712 0.244 104.011 0.309
201803 0.747 105.290 0.935
201806 2.215 106.317 2.745
201809 2.722 106.507 3.368
201812 3.090 105.998 3.841
201903 3.183 107.251 3.911
201906 3.375 108.070 4.115
201909 3.886 108.329 4.727
201912 4.032 108.420 4.901
202003 4.064 108.902 4.918
202006 3.716 108.767 4.502
202009 4.808 109.815 5.770
202012 5.126 109.897 6.147
202103 3.791 111.754 4.470
202106 5.352 114.631 6.152
202109 3.437 115.734 3.913
202112 2.545 117.630 2.851
202203 -0.043 121.301 -0.047
202206 -1.559 125.017 -1.643
202209 -1.096 125.227 -1.153
202212 -4.675 125.222 -4.920
202303 -3.821 127.348 -3.954
202306 -3.100 128.729 -3.173
202309 -1.657 129.860 -1.681
202312 -0.953 129.419 -0.970
202403 -3.490 131.776 -3.490

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Wix.com  (NAS:WIX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Wix.com's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=173.00/1.22
=141.80

* 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 Cyclically Adjusted PB Ratio of Wix.com was 137.61. The lowest was 32.20. And the median was 57.61.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Wix.com Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Wix.com's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wix.com (Wix.com) Business Description

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Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.