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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Cyclically Adjusted PS Ratio : 7.63 (As of Jun. 06, 2024)


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What is Ellsworth Growth andome Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Ellsworth Growth andome Fund's current share price is $8.32. Ellsworth Growth andome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was $1.09. Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio for today is 7.63.

The historical rank and industry rank for Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

ECF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.35   Med: 7.55   Max: 14.56
Current: 7.64

During the past 13 years, Ellsworth Growth andome Fund's highest Cyclically Adjusted PS Ratio was 14.56. The lowest was 5.35. And the median was 7.55.

ECF's Cyclically Adjusted PS Ratio is ranked better than
50.75% of 871 companies
in the Asset Management industry
Industry Median: 7.67 vs ECF: 7.64

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ellsworth Growth andome Fund's adjusted revenue per share data of for the fiscal year that ended in Sep23 was $0.504. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $1.09 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellsworth Growth andome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ellsworth Growth andome Fund's Cyclically Adjusted PS 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.

Ellsworth Growth andome Fund Cyclically Adjusted PS Ratio Chart

Ellsworth Growth andome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.43 9.89 8.56 6.84 7.41

Ellsworth Growth andome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted PS 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 8.56 - 6.84 - 7.41

Competitive Comparison of Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio falls into.



Ellsworth Growth andome Fund Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.32/1.09
=7.63

* 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.

Ellsworth Growth andome Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Ellsworth Growth andome Fund's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.504/129.8595*129.8595
=0.504

Current CPI (Sep23) = 129.8595.

Ellsworth Growth andome Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.977 100.428 1.263
201509 -0.126 100.392 -0.163
201609 0.993 101.861 1.266
201709 1.142 104.136 1.424
201809 1.670 106.507 2.036
201909 1.151 108.329 1.380
202009 2.837 109.815 3.355
202109 3.041 115.734 3.412
202209 -3.484 125.227 -3.613
202309 0.504 129.860 0.504

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Ellsworth Growth andome Fund  (AMEX:ECF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ellsworth Growth andome Fund Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ellsworth Growth andome Fund's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.
Executives
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
James P Conn director
Gary I Levine other: former Exec. VP and CFO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Nicolas W Platt director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVENUE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Davis Dinsmore Management Co/nj other: Investment Adviser 65 MADISON AVE, SUITE 550, MORRISTOWN NJ 07960
Thomas H Dinsmore director, officer: Chairman of the Board C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960

Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Headlines