Equinix (WBO:EQIX) E10: €6.88 (As of Mar. 2026)


WBO:EQIX Equinix Inc WBO:EQIX
19 GF Score
Price €942.80
GF Value €789.70
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Equinix E10?

Equinix WBO:EQIX -0.19% 19 E10 is €6.88 as of Mar. 2026. GuruFocus rates WBO:EQIX with a GF Score™ of 19/100 and a GF Value™ of €789.70 (Modestly Overvalued). The stock has 10 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.

Equinix's adjusted earnings per share data for the three months ended in Mar. 2026 was €3.633. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €6.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Equinix's average E10 Growth Rate was 22.70% per year. During the past 3 years, the average E10 Growth Rate was 25.40% per year. During the past 5 years, the average E10 Growth Rate was 24.00% per year. During the past 10 years, the average E10 Growth Rate was 20.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Equinix was 72.30% per year. The lowest was 16.50% per year. And the median was 21.50% per year.

As of today (2026-06-28), Equinix's current stock price is €942.80. Equinix's E10 for the quarter that ended in Mar. 2026 was €6.88. Equinix's Shiller PE Ratio of today is 137.03.

During the past 13 years, the highest Shiller PE Ratio of Equinix was 338.65. The lowest was 103.82. And the median was 233.93.


Equinix  (WBO:EQIX) 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.

Equinix's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=942.80/6.88
=137.03

* 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 Equinix was 338.65. The lowest was 103.82. And the median was 233.93.


Be Aware

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


Equinix E10 Related Terms


Equinix E10 Historical Data

* Premium members only.

The historical data trend for Equinix'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.

Equinix E10 Chart

Equinix 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 2.75 3.53 4.25 5.94 6.26

Equinix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.99 5.70 6.04 6.26 6.88

WBO:EQIX vs AMT, DLR, CCI: E10 Comparison

For the REIT - Specialty subindustry, Equinix'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.


Equinix Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Equinix's Shiller PE Ratio distribution charts can be found below:

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


WBO:EQIX
19GF Score
Equinix Inc WBO:EQIX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equinix 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, Equinix's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.633/330.2130*330.2130
=3.633

Current CPI (Mar. 2026) = 330.2130.

Equinix Quarterly Data

per share eps CPI Adj_EPS
201606 0.570 241.018 0.781
201609 0.642 241.428 0.878
201612 0.815 241.432 1.115
201703 0.533 243.801 0.722
201706 0.516 244.955 0.696
201709 0.856 246.819 1.145
201712 0.693 246.524 0.928
201803 0.641 249.554 0.848
201806 0.728 251.989 0.954
201809 1.328 252.439 1.737
201812 1.195 251.233 1.571
201903 1.274 254.202 1.655
201906 1.496 256.143 1.929
201909 1.280 256.759 1.646
201912 1.314 256.974 1.688
202003 1.249 258.115 1.598
202006 1.350 257.797 1.729
202009 0.628 260.280 0.797
202012 0.469 260.474 0.595
202103 1.462 264.877 1.823
202106 0.631 271.696 0.767
202109 1.428 274.310 1.719
202112 1.204 278.802 1.426
202203 1.471 287.504 1.690
202206 2.242 296.311 2.499
202209 2.323 296.808 2.584
202212 1.312 296.797 1.460
202303 2.587 301.836 2.830
202306 2.040 305.109 2.208
202309 2.745 307.789 2.945
202312 2.201 306.746 2.369
202403 2.236 312.332 2.364
202406 2.936 314.175 3.086
202409 2.793 315.301 2.925
202412 -0.134 315.605 -0.140
202503 3.237 319.799 3.342
202506 3.251 322.561 3.328
202509 3.246 324.800 3.300
202512 2.297 324.054 2.341
202603 3.633 330.213 3.633

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 €6.88 mean?
Equinix (WBO:EQIX) has a E10 of €6.88 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Equinix and its competitors.
Is Equinix's E10 too high?
Equinix's current E10 is €6.88. Overall, Equinix has a GF Score™ of 19/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinix's E10 compare to AMT and DLR?
Equinix's E10 of €6.88 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Equinix and its competitors. Equinix's current E10 is €6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinix stock overvalued right now?
Based on GuruFocus' analysis, Equinix (WBO:EQIX) is currently considered Modestly Overvalued. The stock's GF Value™ is €789.70, compared to a current price of €942.80 — trading 19.4% above its estimated fair value. The current E10 is €6.88. Equinix's overall GF Score™ is 19/100 with 10 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 Equinix (WBO:EQIX), the current E10 is €6.88 as of Mar. 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 Equinix (WBO:EQIX) Overvalued in 2026?

Based on GuruFocus' analysis, Equinix stock appears to be overvalued. The current stock price of €942.80 is trading 19.4% above its estimated GF Value™ of €789.70. GuruFocus considers Equinix to be Modestly Overvalued.

Key valuation signals for WBO:EQIX:

  • E10: €6.88
  • GF Value™: €789.70 vs. price of €942.80 (19.4% above fair value)
  • GF Score™: 19/100 with 10 warning signs

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


Equinix Business Description

Industry Real EstateREITs
Address One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and businesses. Equinix operates 270 properties in 77 metropolitan areas across 36 countries, serving over 10,000 customers. About 70% of Equinix's revenue comes from renting physical space, which allows hyperscalers and other clients to store servers, data storage, and networking equipment. The other 30% of revenue is generated primarily through interconnection services (20%) and other managed services (10%).
19GF Score

Get the complete analysis for WBO:EQIX

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

€942.80
Price
€789.70
GF Value