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Workiva (Workiva) E10 : $-1.45 (As of Dec. 2023)


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What is Workiva 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.

Workiva's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.45 for the trailing ten years ended in Dec. 2023.

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 (2024-04-27), Workiva's current stock price is $80.62. Workiva's E10 for the quarter that ended in Dec. 2023 was $-1.45. Workiva's Shiller PE Ratio of today is .


Workiva E10 Historical Data

The historical data trend for Workiva'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.

Workiva E10 Chart

Workiva 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 - - - - -1.45

Workiva Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -1.38 -1.40 -1.48 -1.45

Competitive Comparison of Workiva's E10

For the Software - Application subindustry, Workiva'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.


Workiva's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Workiva's Shiller PE Ratio distribution charts can be found below:

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



Workiva 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, Workiva's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.08/129.4194*129.4194
=-0.080

Current CPI (Dec. 2023) = 129.4194.

Workiva Quarterly Data

per share eps CPI Adj_EPS
201403 -0.141 99.695 -0.183
201406 -0.328 100.560 -0.422
201409 -0.339 100.428 -0.437
201412 -0.380 99.070 -0.496
201503 -0.190 99.621 -0.247
201506 -0.280 100.684 -0.360
201509 -0.370 100.392 -0.477
201512 -0.260 99.792 -0.337
201603 -0.300 100.470 -0.386
201606 -0.280 101.688 -0.356
201609 -0.320 101.861 -0.407
201612 -0.180 101.863 -0.229
201703 -0.140 102.862 -0.176
201706 -0.250 103.349 -0.313
201709 -0.340 104.136 -0.423
201712 -0.340 104.011 -0.423
201803 -0.220 105.290 -0.270
201806 -0.500 106.317 -0.609
201809 -0.250 106.507 -0.304
201812 -0.170 105.998 -0.208
201903 -0.170 107.251 -0.205
201906 -0.180 108.070 -0.216
201909 -0.340 108.329 -0.406
201912 -0.350 108.420 -0.418
202003 -0.220 108.902 -0.261
202006 -0.410 108.767 -0.488
202009 -0.210 109.815 -0.247
202012 -0.160 109.897 -0.188
202103 -0.150 111.754 -0.174
202106 -0.190 114.631 -0.215
202109 -0.130 115.734 -0.145
202112 -0.280 117.630 -0.308
202203 -0.350 121.301 -0.373
202206 -0.550 125.017 -0.569
202209 -0.560 125.227 -0.579
202212 -0.260 125.222 -0.269
202303 -0.860 127.348 -0.874
202306 -0.390 128.729 -0.392
202309 -1.040 129.860 -1.036
202312 -0.080 129.419 -0.080

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


Workiva  (NYSE:WK) 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.


Workiva E10 Related Terms

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


Workiva (Workiva) Business Description

Traded in Other Exchanges
Address
2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. The firm derives its revenue in the form of subscription and support fees and the remainder from professional services.
Executives
Jill Klindt officer: VP & CAO 2900 UNIVERSITY BLVD, AMES IA 50010
Brandon Ziegler officer: Senior Vice President, other: Gen Counsel & Corp. Secretary C/O WORKIVA INC., 2900 UNIVERSITY BLVD., AMES IA 50010
Robert H Herz director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Michael D. Hawkins officer: EVP, Sales 2900 UNIVERSITY BLVD., AMES IA 50010
Junko Swain officer: SVP, Chief Accounting Officer 2900 UNIVERSITY BLVD., AMES IA 50010
Michael M Crow director 20 W. 9TH STREET, KANSAS CITY MO 64105
Brigid A Bonner director C/O ANALYSTS INTERNATIONAL CORPORATION, 3601 WEST 76TH STREET, EDINA MN 55435
Mithun Banarjee officer: EVP, Global Client Services 2900 UNIVERSITY BOULEVARD, AMES IA 50010
Jeff D Trom 10 percent owner, officer: Executive VP & CTO 2900 UNIVERSITY BLVD., AMES IA 50010
Martin J Vanderploeg director, 10 percent owner, officer: President & COO 2900 UNIVERSITY BLVD., AMES IA 50010
Julie Iskow officer: EVP & Chief Operating Officer 2900 UNIVERSITY BOULEVARD, AMES X1 50010
J Stuart Miller officer: Executive VP, Treasurer & CFO 2900 UNIVERSITY BLVD., AMES IA 50010
Eugene S Katz director 8 GOLDSBOROUGH ST., EASTON MD 21601
Troy M. Calkins officer: Executive VP, Secretary & GC 55 WEST MONROE, SUITE 3150, CHICAGO IL 60603
Scott G. Ryan officer: Executive VP, Global Sales 2900 UNIVERSITY BOULEVARD, AMES IA 50010