Calix (CALX) E10: $0.30 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CALX Calix Inc CALX
77 GF Score
Price $39.88
GF Value $47.97
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Calix E10?

Calix CALX +1.84% 77 E10 is $0.30 as of Jun. 2026. GuruFocus rates CALX with a GF Score™ of 77/100 and a GF Value™ of $47.97 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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 Jun. 2026 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.30 for the trailing ten years ended in Jun. 2026.

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 (2026-08-19), Calix's current stock price is $39.88. Calix's E10 for the quarter that ended in Jun. 2026 was $0.30. Calix's Shiller PE Ratio of today is 132.93.

During the past 13 years, the highest Shiller PE Ratio of Calix was 2783.00. The lowest was 119.67. And the median was 370.91.


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
=39.88/0.30
=132.93

* 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 119.67. And the median was 370.91.


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


Calix E10 Historical Data

* Premium members only.

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.

Calix E10 Chart

Calix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.01 0.08 0.09 0.20

Calix Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.16 0.20 0.25 0.30

CALX vs RAMP, WIX, PAYO: E10 Comparison

For the Software - Infrastructure 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 Shiller PE Ratio vs 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.


CALX
77GF Score
Calix Inc CALX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.26/333.9520*333.9520
=0.260

Current CPI (Jun. 2026) = 333.9520.

Calix Quarterly Data

per share eps CPI Adj_EPS
201609 0.010 241.428 0.014
201612 -0.230 241.432 -0.318
201703 -0.670 243.801 -0.918
201706 -0.380 244.955 -0.518
201709 -0.350 246.819 -0.474
201712 -0.250 246.524 -0.339
201803 -0.230 249.554 -0.308
201806 -0.050 251.989 -0.066
201809 0.020 252.439 0.026
201812 -0.100 251.233 -0.133
201903 -0.180 254.202 -0.236
201906 -0.090 256.143 -0.117
201909 -0.060 256.759 -0.078
201912 0.010 256.974 0.013
202003 -0.120 258.115 -0.155
202006 -0.070 257.797 -0.091
202009 0.320 260.280 0.411
202012 0.370 260.474 0.474
202103 0.310 264.877 0.391
202106 0.300 271.696 0.369
202109 2.610 274.310 3.177
202112 0.290 278.802 0.347
202203 0.120 287.504 0.139
202206 0.110 296.311 0.124
202209 0.190 296.808 0.214
202212 0.170 296.797 0.191
202303 0.140 301.836 0.155
202306 0.130 305.109 0.142
202309 0.240 307.789 0.260
202312 -0.060 306.746 -0.065
202403 0.000 312.332 0.000
202406 -0.120 314.175 -0.128
202409 -0.060 315.301 -0.064
202412 -0.270 315.605 -0.286
202503 -0.070 319.799 -0.073
202506 0.000 322.561 0.000
202509 0.220 324.800 0.226
202512 0.100 324.054 0.103
202603 0.160 330.213 0.162
202606 0.260 333.952 0.260

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.30 mean?
Calix (CALX) has a E10 of $0.30 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Calix and its competitors.
Is Calix's E10 too high?
Calix's current E10 is $0.30. Overall, Calix has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's E10 compare to RAMP and WIX?
Calix's E10 of $0.30 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Calix and its competitors. Calix's current E10 is $0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (CALX) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.97, compared to a current price of $39.88 — trading 16.9% below its estimated fair value. The current E10 is $0.30. Calix's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Calix (CALX), the current E10 is $0.30 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Calix (CALX) Overvalued in 2026?

Based on GuruFocus' analysis, Calix stock appears to be undervalued. The current stock price of $39.88 is trading 16.9% below its estimated GF Value™ of $47.97. GuruFocus considers Calix to be Modestly Undervalued.

Key valuation signals for CALX:

  • E10: $0.30
  • GF Value™: $47.97 vs. price of $39.88 (16.9% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the CALX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calix Business Description

Other Exchanges CXA:Germany
Address 3155 Olsen Drive, Suite 450, San Jose, CA, USA, 95117
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. 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. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
77GF Score

Get the complete analysis for CALX

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.88
Price
$47.97
GF Value