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MGNI (Magnite) E10 : $-0.98 (As of Dec. 2024)


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What is Magnite 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.

Magnite's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.98 for the trailing ten years ended in Dec. 2024.

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 (2025-03-14), Magnite's current stock price is $12.08. Magnite's E10 for the quarter that ended in Dec. 2024 was $-0.98. Magnite's Shiller PE Ratio of today is .


Magnite E10 Historical Data

The historical data trend for Magnite'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.

Magnite E10 Chart

Magnite Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.95 -1.04 -0.98

Magnite Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.04 -1.04 -1.01 -0.99 -0.98

Competitive Comparison of Magnite's E10

For the Advertising Agencies subindustry, Magnite'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.


Magnite's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Magnite's Shiller PE Ratio distribution charts can be found below:

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



Magnite 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, Magnite's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.24/133.1571*133.1571
=0.240

Current CPI (Dec. 2024) = 133.1571.

Magnite Quarterly Data

per share eps CPI Adj_EPS
201503 -0.140 99.621 -0.187
201506 -0.300 100.684 -0.397
201509 -0.070 100.392 -0.093
201512 0.430 99.792 0.574
201603 0.050 100.470 0.066
201606 -0.060 101.688 -0.079
201609 0.070 101.861 0.092
201612 -0.440 101.863 -0.575
201703 -0.330 102.862 -0.427
201706 -0.240 103.349 -0.309
201709 -2.110 104.136 -2.698
201712 -0.480 104.011 -0.615
201803 -0.560 105.290 -0.708
201806 -0.360 106.317 -0.451
201809 -0.270 106.507 -0.338
201812 -0.040 105.998 -0.050
201903 -0.240 107.251 -0.298
201906 -0.160 108.070 -0.197
201909 -0.120 108.329 -0.148
201912 0.030 108.420 0.037
202003 -0.180 108.902 -0.220
202006 -0.360 108.767 -0.441
202009 -0.100 109.815 -0.121
202012 0.050 109.897 0.061
202103 -0.110 111.754 -0.131
202106 0.260 114.631 0.302
202109 -0.180 115.734 -0.207
202112 0.003 117.630 0.003
202203 -0.340 121.301 -0.373
202206 -0.190 125.017 -0.202
202209 -0.180 125.227 -0.191
202212 -0.270 125.222 -0.287
202303 -0.730 127.348 -0.763
202306 -0.540 128.729 -0.559
202309 -0.130 129.860 -0.133
202312 0.160 129.419 0.165
202403 -0.130 131.776 -0.131
202406 -0.010 132.554 -0.010
202409 0.040 133.029 0.040
202412 0.240 133.157 0.240

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


Magnite  (NAS:MGNI) 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.


Magnite E10 Related Terms

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


Magnite Business Description

Traded in Other Exchanges
Address
1250 Broadway, 15th Floor, New York, NY, USA, 10001
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
Executives
Paul Caine director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Sean Patrick Buckley officer: Chief Revenue Officer, CTV C/O MAGNITE, INC., 6080 CENTER DRIVE, 4TH FLOOR, LOS ANGELES CA 90045
James Rossman director DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Aaron Saltz officer: General Counsel & Secy C/O TELARIA INC., 222 BROADWAY, 16TH FLOOR, NEW YORK NY 10038
Katie Seitz Evans officer: Chief Operating Officer C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
David Day officer: Chief Accounting Officer 21700 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
David Buonasera officer: Chief Technology Officer C/O MAGNITE, INC., 1250 BROADWAY, 15TH FLOOR, NEW YORK NY 10001
Michael G. Barrett director, officer: CEO C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DRIVE, 4TH FLOOR, PLAYA VISTA CA 90094
Adam Lee Soroca officer: Head of Global Buyer Team C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DR., 4TH FLOOR, PLAYA VISTA CA 90094
Robert F Spillane director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Brian Gephart officer: Chief Accounting Officer 1655 26TH STREET, SANTA MONICA CA 90404
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Diane Yu director C/O MAGNITE, INC., 1250 BROADWAY, 15TH FLOOR, NEW YORK NY 10001