GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Shiller PE Ratio

Capital Product Partners LP (Capital Product Partners LP) Shiller PE Ratio : 9.55 (As of Apr. 29, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Capital Product Partners LP Shiller PE Ratio?

As of today (2024-04-29), Capital Product Partners LP's current share price is $16.53. Capital Product Partners LP's E10 for the quarter that ended in Dec. 2023 was $1.73. Capital Product Partners LP's Shiller PE Ratio for today is 9.55.

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: 4.84   Max: 16.91
Current: 9.55

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 4.84.

CPLP's Shiller PE Ratio is ranked better than
79.37% of 572 companies
in the Transportation industry
Industry Median: 17.21 vs CPLP: 9.55

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 Dec. 2023 was $0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.73 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.19 6.51 7.61 8.45 8.23

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
=16.53/1.73
=9.55

* 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 Dec. 2023 is calculated as:

For example, Capital Product Partners LP'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)
=0.48/116.4647*116.4647
=0.480

Current CPI (Dec. 2023) = 116.4647.

Capital Product Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.560 102.748 0.635
201406 0.280 103.060 0.316
201409 0.630 102.624 0.715
201412 0.700 100.254 0.813
201503 0.630 100.549 0.730
201506 0.630 100.838 0.728
201509 0.630 100.856 0.727
201512 0.700 100.087 0.815
201603 0.560 99.041 0.659
201606 0.700 100.121 0.814
201609 0.490 99.878 0.571
201612 0.630 100.110 0.733
201703 0.560 100.770 0.647
201706 0.420 101.138 0.484
201709 0.350 100.882 0.404
201712 0.210 100.762 0.243
201803 0.130 100.534 0.151
201806 0.070 102.121 0.080
201809 -1.370 101.982 -1.565
201812 0.560 101.330 0.644
201903 -8.160 101.482 -9.365
201906 0.430 101.837 0.492
201909 0.180 101.906 0.206
201912 0.300 102.120 0.342
202003 0.350 101.479 0.402
202006 0.460 100.239 0.534
202009 0.410 99.886 0.478
202012 0.380 99.751 0.444
202103 0.570 99.817 0.665
202106 1.890 101.270 2.174
202109 0.620 102.095 0.707
202112 2.030 104.853 2.255
202203 1.260 108.651 1.351
202206 1.000 113.517 1.026
202209 2.900 114.371 2.953
202212 1.030 112.428 1.067
202303 0.490 113.620 0.502
202306 0.360 115.515 0.363
202309 0.840 116.234 0.842
202312 0.480 116.465 0.480

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

Thank you for viewing the detailed overview of Capital Product Partners LP's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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.