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Ellington Financial (Ellington Financial) Cyclically Adjusted Revenue per Share : $2.23 (As of Mar. 2024)


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What is Ellington Financial Cyclically Adjusted Revenue 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 Revenue per Share and 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.

Ellington Financial's adjusted revenue per share for the three months ended in Mar. 2024 was $0.826. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $2.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ellington Financial's average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.10% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ellington Financial was -3.10% per year. The lowest was -10.50% per year. And the median was -7.70% per year.

As of today (2024-05-28), Ellington Financial's current stock price is $12.01. Ellington Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.23. Ellington Financial's Cyclically Adjusted PS Ratio of today is 5.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ellington Financial was 7.75. The lowest was 1.60. And the median was 5.64.


Ellington Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ellington Financial's Cyclically Adjusted Revenue 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.

Ellington Financial Cyclically Adjusted Revenue per Share Chart

Ellington Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.47 2.80 2.30 2.25

Ellington Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 2.18 2.21 2.23 2.25 2.23

Competitive Comparison of Ellington Financial's Cyclically Adjusted Revenue per Share

For the REIT - Mortgage subindustry, Ellington Financial'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.


Ellington Financial's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ellington Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ellington Financial's Cyclically Adjusted PS Ratio falls into.



Ellington Financial Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Ellington Financial's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.826/131.7762*131.7762
=0.826

Current CPI (Mar. 2024) = 131.7762.

Ellington Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.957 100.560 1.254
201409 0.596 100.428 0.782
201412 0.203 99.070 0.270
201503 0.679 99.621 0.898
201506 0.489 100.684 0.640
201509 0.221 100.392 0.290
201512 0.191 99.792 0.252
201603 -0.577 100.470 -0.757
201606 0.293 101.688 0.380
201609 0.150 101.861 0.194
201612 0.201 101.863 0.260
201703 0.598 102.862 0.766
201706 0.298 103.349 0.380
201709 0.332 104.136 0.420
201712 0.462 104.011 0.585
201803 0.852 105.290 1.066
201806 0.941 106.317 1.166
201809 0.468 106.507 0.579
201812 0.254 105.998 0.316
201903 0.746 107.251 0.917
201906 0.671 108.070 0.818
201909 0.663 108.329 0.806
201912 0.592 108.420 0.720
202003 -2.691 108.902 -3.256
202006 1.037 108.767 1.256
202009 1.102 109.815 1.322
202012 1.282 109.897 1.537
202103 1.044 111.754 1.231
202106 0.683 114.631 0.785
202109 0.536 115.734 0.610
202112 0.346 117.630 0.388
202203 0.128 121.301 0.139
202206 -0.615 125.017 -0.648
202209 0.103 125.227 0.108
202212 1.081 125.222 1.138
202303 1.114 127.348 1.153
202306 0.810 128.729 0.829
202309 0.721 129.860 0.732
202312 1.106 129.419 1.126
202403 0.826 131.776 0.826

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


Ellington Financial  (NYSE:EFC) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Ellington Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.01/2.23
=5.39

* 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 PS Ratio of Ellington Financial was 7.75. The lowest was 1.60. And the median was 5.64.


Be Aware

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


Ellington Financial Cyclically Adjusted Revenue per Share Related Terms

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


Ellington Financial (Ellington Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ellington Financial Inc (NYSE:EFC) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. the Company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.
Executives
Lisa Mumford officer: Chief Financial Officer 6 BEACHWOOD COURT, DIX HILLS NY 11746
Stephen J Dannhauser director 122 WEST 55TH STREET, NEW YORK NY 10019
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Michael W Vranos director, 10 percent owner, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Accounting Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Thomas F Robards director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Daniel R. Margolis officer: Secretary 53 FOREST AVENUE, OLD GREENWICH CT 06870
Edward Resendez director 52 FOREST AVENUE, OLD GREENWICH CT 06870
Vc Investments Llc 10 percent owner 53 FOREST AVENUE, 2ND FLOOR, OLD GREENWICH CT 06870
Emg Holdings, L.p. 10 percent owner 53 FOREST AVENUE, OLD GREENWICH CT 06870
Fbr Capital Markets Pt Inc 10 percent owner 1001 NINETEENTH STREET NORTH, ARLINGTON VA 22302