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Wix.com (MEX:WIX) Cyclically Adjusted Book per Share : MXN18.08 (As of Sep. 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 Sep. 2024 was MXN-71.585. 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 MXN18.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Wix.com's average Cyclically Adjusted Book Growth Rate was -34.00% 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 (2024-12-16), Wix.com's current stock price is MXN4601.74. Wix.com's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MXN18.08. Wix.com's Cyclically Adjusted PB Ratio of today is 254.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wix.com was 240.58. The lowest was 32.20. And the median was 64.36.


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 - - 35.70 29.75 21.35

Wix.com Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.47 21.35 20.10 19.14 18.08

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 Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-71.585/133.0289*133.0289
=-71.585

Current CPI (Sep. 2024) = 133.0289.

Wix.com Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.160 99.070 9.614
201503 3.548 99.621 4.738
201506 2.063 100.684 2.726
201509 -0.109 100.392 -0.144
201512 -1.625 99.792 -2.166
201603 -5.512 100.470 -7.298
201606 -7.123 101.688 -9.318
201609 -3.542 101.861 -4.626
201612 -1.149 101.863 -1.501
201703 -0.877 102.862 -1.134
201706 0.311 103.349 0.400
201709 1.711 104.136 2.186
201712 4.786 104.011 6.121
201803 13.580 105.290 17.158
201806 43.516 106.317 54.449
201809 50.919 106.507 63.599
201812 60.681 105.998 76.156
201903 61.740 107.251 76.580
201906 64.826 108.070 79.798
201909 76.714 108.329 94.205
201912 76.042 108.420 93.302
202003 95.289 108.902 116.401
202006 85.783 108.767 104.918
202009 106.205 109.815 128.656
202012 101.964 109.897 123.426
202103 77.487 111.754 92.238
202106 106.545 114.631 123.645
202109 70.672 115.734 81.233
202112 52.209 117.630 59.044
202203 -0.860 121.301 -0.943
202206 -31.357 125.017 -33.367
202209 -22.041 125.227 -23.414
202212 -91.149 125.222 -96.832
202303 -68.872 127.348 -71.944
202306 -53.138 128.729 -54.913
202309 -28.871 129.860 -29.576
202312 -16.176 129.419 -16.627
202403 -57.922 131.776 -58.473
202406 -107.842 132.554 -108.229
202409 -71.585 133.029 -71.585

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


Wix.com  (MEX: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
=4601.74/18.08
=254.52

* 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 Cyclically Adjusted PB Ratio of Wix.com was 240.58. The lowest was 32.20. And the median was 64.36.


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 Business Description

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Address
5 Yunitsman Street, Tel Aviv, ISR, 6936025
Wix.com is a software-as-a-service content management system platform that allows users to create, customize, and manage websites for themselves, or for clients. Wix is best known for its Wix Editor service for self-creators, but in recent years has invested heavily and introduced its Wix Studio offering for partners, who are agencies and developers. Wix also offers a range of business solutions such as payment services and marketing products.