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WisdomTree (WisdomTree) E10 : $0.31 (As of Mar. 2024)


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What is WisdomTree 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.

WisdomTree's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WisdomTree's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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 WisdomTree was 50.80% per year. The lowest was -16.30% per year. And the median was 9.65% per year.

As of today (2024-05-16), WisdomTree's current stock price is $9.55. WisdomTree's E10 for the quarter that ended in Mar. 2024 was $0.31. WisdomTree's Shiller PE Ratio of today is 30.81.

During the past 13 years, the highest Shiller PE Ratio of WisdomTree was 320.50. The lowest was 9.46. And the median was 23.96.


WisdomTree E10 Historical Data

The historical data trend for WisdomTree'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.

WisdomTree E10 Chart

WisdomTree 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 0.24 0.23 0.26 0.30 0.32

WisdomTree Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.33 0.32 0.32 0.31

Competitive Comparison of WisdomTree's E10

For the Asset Management subindustry, WisdomTree'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.


WisdomTree's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WisdomTree's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.13/129.4194*129.4194
=0.130

Current CPI (Mar. 2024) = 129.4194.

WisdomTree Quarterly Data

per share eps CPI Adj_EPS
201406 0.080 100.560 0.103
201409 0.080 100.428 0.103
201412 0.070 99.070 0.091
201503 0.090 99.621 0.117
201506 0.180 100.684 0.231
201509 0.170 100.392 0.219
201512 0.150 99.792 0.195
201603 0.090 100.470 0.116
201606 0.030 101.688 0.038
201609 0.060 101.861 0.076
201612 0.020 101.863 0.025
201703 0.050 102.862 0.063
201706 0.090 103.349 0.113
201709 0.060 104.136 0.075
201712 0.002 104.011 0.002
201803 0.070 105.290 0.086
201806 0.100 106.317 0.122
201809 0.130 106.507 0.158
201812 -0.080 105.998 -0.098
201903 0.050 107.251 0.060
201906 0.010 108.070 0.012
201909 0.020 108.329 0.024
201912 0.020 108.420 0.024
202003 -0.060 108.902 -0.071
202006 -0.090 108.767 -0.107
202009 -0.010 109.815 -0.012
202012 -0.100 109.897 -0.118
202103 0.090 111.754 0.104
202106 0.110 114.631 0.124
202109 0.040 115.734 0.045
202112 0.070 117.630 0.077
202203 -0.080 121.301 -0.085
202206 0.050 125.017 0.052
202209 0.500 125.227 0.517
202212 -0.200 125.222 -0.207
202303 0.100 127.348 0.102
202306 0.320 128.729 0.322
202309 0.070 129.860 0.070
202312 0.160 129.419 0.160
202403 0.130 129.419 0.130

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


WisdomTree  (NYSE:WT) 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.

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

Shiller PE Ratio=Share Price/E10
=9.55/0.31
=30.81

* 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 WisdomTree was 320.50. The lowest was 9.46. And the median was 23.96.


Be Aware

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


WisdomTree E10 Related Terms

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


WisdomTree (WisdomTree) Business Description

Traded in Other Exchanges
Address
250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, and solutions. It offers a broad range of ETFs and exchange-traded products (ETPs). The firm also engages in developing next-generation digital products and structures, including digital funds and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime.
Executives
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Peter M Ziemba director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
Deborah Fuhr director C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305
Lion Point Capital, Lp other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Point Holdings Gp, Llc other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
Didric Cederholm other: See Explanation of Responses 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019
David M Yates officer: Chief Information Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Jonathan L Steinberg director, officer: Chief Executive Officer 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Harold Iii Singleton director C/O WISDOMTREE INVESTMENTS, INC., 230 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10169
Frank Salerno director C/O K-SEA TRANSPORTATION PARTNERS L.P., 3245 RICHMOND TERRACE, STATEN ISLAND NY 10303
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708