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Wix.com (BSP:W1IX34) Cyclically Adjusted Book per Share : R$0.21 (As of Mar. 2024)


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What is Wix.com Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Wix.com's adjusted book value per share for the three months ended in Mar. 2024 was R$-0.579. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wix.com's average Cyclically Adjusted Book Growth Rate was -16.40% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-01), Wix.com's current stock price is R$27.72. Wix.com's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$0.21. Wix.com's Cyclically Adjusted PB Ratio of today is 132.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wix.com was 139.34. The lowest was 32.20. And the median was 59.37.


Wix.com Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wix.com's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

Wix.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.33 0.26 0.21

Wix.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 0.24 0.23 0.23 0.21 0.21

Competitive Comparison of Wix.com's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Wix.com's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Wix.com's Cyclically Adjusted PB Ratio falls into.



Wix.com Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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 Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.579/131.7762*131.7762
=-0.579

Current CPI (Mar. 2024) = 131.7762.

Wix.com Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.080 100.560 0.105
201409 0.062 100.428 0.081
201412 0.043 99.070 0.057
201503 0.024 99.621 0.032
201506 0.014 100.684 0.018
201509 -0.001 100.392 -0.001
201512 -0.012 99.792 -0.016
201603 -0.039 100.470 -0.051
201606 -0.044 101.688 -0.057
201609 -0.020 101.861 -0.026
201612 -0.006 101.863 -0.008
201703 -0.005 102.862 -0.006
201706 0.002 103.349 0.003
201709 0.010 104.136 0.013
201712 0.027 104.011 0.034
201803 0.082 105.290 0.103
201806 0.278 106.317 0.345
201809 0.373 106.507 0.461
201812 0.400 105.998 0.497
201903 0.407 107.251 0.500
201906 0.434 108.070 0.529
201909 0.534 108.329 0.650
201912 0.552 108.420 0.671
202003 0.662 108.902 0.801
202006 0.643 108.767 0.779
202009 0.865 109.815 1.038
202012 0.879 109.897 1.054
202103 0.712 111.754 0.840
202106 0.897 114.631 1.031
202109 0.605 115.734 0.689
202112 0.480 117.630 0.538
202203 -0.007 121.301 -0.008
202206 -0.262 125.017 -0.276
202209 -0.192 125.227 -0.202
202212 -0.817 125.222 -0.860
202303 -0.663 127.348 -0.686
202306 -0.501 128.729 -0.513
202309 -0.273 129.860 -0.277
202312 -0.156 129.419 -0.159
202403 -0.579 131.776 -0.579

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Wix.com  (BSP:W1IX34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Wix.com's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.72/0.21
=132.00

* 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 Cyclically Adjusted PB Ratio of Wix.com was 139.34. The lowest was 32.20. And the median was 59.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Wix.com Cyclically Adjusted Book per Share Related Terms

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


Wix.com (BSP:W1IX34) Business Description

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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.

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