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Capital Product Partners LP (Capital Product Partners LP) Shiller PE Ratio : 9.38 (As of May. 16, 2024)


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What is Capital Product Partners LP Shiller PE Ratio?

As of today (2024-05-16), Capital Product Partners LP's current share price is $16.13. Capital Product Partners LP's E10 for the quarter that ended in Mar. 2024 was $1.72. Capital Product Partners LP's Shiller PE Ratio for today is 9.38.

The historical rank and industry rank for Capital Product Partners LP's Shiller PE Ratio or its related term are showing as below:

CPLP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.14   Med: 4.87   Max: 16.91
Current: 9.38

During the past years, Capital Product Partners LP's highest Shiller PE Ratio was 16.91. The lowest was 2.14. And the median was 4.87.

CPLP's Shiller PE Ratio is ranked better than
82.36% of 567 companies
in the Transportation industry
Industry Median: 17.25 vs CPLP: 9.38

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.

Capital Product Partners LP's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital Product Partners LP Shiller PE Ratio Historical Data

The historical data trend for Capital Product Partners LP's Shiller PE Ratio 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.

Capital Product Partners LP Shiller PE Ratio Chart

Capital Product Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 4.20 13.83 6.19 8.23

Capital Product Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 6.51 7.61 8.45 8.23 10.10

Competitive Comparison of Capital Product Partners LP's Shiller PE Ratio

For the Marine Shipping subindustry, Capital Product Partners LP'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.


Capital Product Partners LP's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Capital Product Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Capital Product Partners LP's Shiller PE Ratio falls into.



Capital Product Partners LP Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Capital Product Partners LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.13/1.72
=9.38

* 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.

Capital Product Partners LP's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Capital Product Partners LP'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)
=0.61/117.2848*117.2848
=0.610

Current CPI (Mar. 2024) = 117.2848.

Capital Product Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 103.060 0.319
201409 0.630 102.624 0.720
201412 0.700 100.254 0.819
201503 0.630 100.549 0.735
201506 0.630 100.838 0.733
201509 0.630 100.856 0.733
201512 0.700 100.087 0.820
201603 0.560 99.041 0.663
201606 0.700 100.121 0.820
201609 0.490 99.878 0.575
201612 0.630 100.110 0.738
201703 0.560 100.770 0.652
201706 0.420 101.138 0.487
201709 0.350 100.882 0.407
201712 0.210 100.762 0.244
201803 0.130 100.534 0.152
201806 0.070 102.121 0.080
201809 -1.370 101.982 -1.576
201812 0.560 101.330 0.648
201903 -8.160 101.482 -9.431
201906 0.430 101.837 0.495
201909 0.180 101.906 0.207
201912 0.300 102.120 0.345
202003 0.350 101.479 0.405
202006 0.460 100.239 0.538
202009 0.410 99.886 0.481
202012 0.380 99.751 0.447
202103 0.570 99.817 0.670
202106 1.890 101.270 2.189
202109 0.620 102.095 0.712
202112 2.030 104.853 2.271
202203 1.260 108.651 1.360
202206 1.000 113.517 1.033
202209 2.900 114.371 2.974
202212 1.030 112.428 1.074
202303 0.490 113.620 0.506
202306 0.360 115.515 0.366
202309 0.840 116.234 0.848
202312 0.480 116.364 0.484
202403 0.610 117.285 0.610

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


Capital Product Partners LP  (NAS:CPLP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Capital Product Partners LP Shiller PE Ratio Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
3 Iassonos Street, Piraeus, GRC, 18537
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.