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Wix.com (BSP:W1IX34) E10 : R$-0.39 (As of Dec. 2023)


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What is Wix.com 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.

Wix.com's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-0.39 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), Wix.com's current stock price is R$20.50. Wix.com's E10 for the quarter that ended in Dec. 2023 was R$-0.39. Wix.com's Shiller PE Ratio of today is .


Wix.com E10 Historical Data

The historical data trend for Wix.com'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.

Wix.com E10 Chart

Wix.com 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 - - -0.53 -0.41 -0.39

Wix.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.41 -0.42 -0.40 -0.41 -0.39

Competitive Comparison of Wix.com's E10

For the Software - Infrastructure subindustry, Wix.com'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.


Wix.com's Shiller PE Ratio Distribution in the Software Industry

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

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



Wix.com 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, Wix.com's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.008/129.4194*129.4194
=0.008

Current CPI (Dec. 2023) = 129.4194.

Wix.com Quarterly Data

per share eps CPI Adj_EPS
201403 -0.031 99.695 -0.040
201406 -0.028 100.560 -0.036
201409 -0.026 100.428 -0.034
201412 -0.034 99.070 -0.044
201503 -0.043 99.621 -0.056
201506 -0.032 100.684 -0.041
201509 -0.039 100.392 -0.050
201512 -0.036 99.792 -0.047
201603 -0.060 100.470 -0.077
201606 -0.032 101.688 -0.041
201609 -0.025 101.861 -0.032
201612 -0.016 101.863 -0.020
201703 -0.049 102.862 -0.062
201706 -0.034 103.349 -0.043
201709 -0.033 104.136 -0.041
201712 -0.015 104.011 -0.019
201803 -0.046 105.290 -0.057
201806 -0.015 106.317 -0.018
201809 -0.016 106.507 -0.019
201812 -0.016 105.998 -0.020
201903 -0.079 107.251 -0.095
201906 -0.042 108.070 -0.050
201909 -0.047 108.329 -0.056
201912 -0.057 108.420 -0.068
202003 -0.124 108.902 -0.147
202006 -0.183 108.767 -0.218
202009 -0.185 109.815 -0.218
202012 -0.194 109.897 -0.228
202103 -0.207 111.754 -0.240
202106 0.101 114.631 0.114
202109 0.048 115.734 0.054
202112 -0.366 117.630 -0.403
202203 -0.655 121.301 -0.699
202206 -0.323 125.017 -0.334
202209 -0.142 125.227 -0.147
202212 -0.117 125.222 -0.121
202303 -0.031 127.348 -0.032
202306 0.091 128.729 0.091
202309 0.020 129.860 0.020
202312 0.008 129.419 0.008

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


Wix.com  (BSP:W1IX34) 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.


Be Aware

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


Wix.com E10 Related Terms

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


Wix.com (BSP:W1IX34) Business Description

Traded in Other Exchanges
Address
5 Yunitsman St., Tel Aviv, ISR, 6936025
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.

Wix.com (BSP:W1IX34) Headlines

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