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Capital Product Partners LP (Capital Product Partners LP) E10 : $1.72 (As of Mar. 2024)


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What is Capital Product Partners LP 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.

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.

During the past 12 months, Capital Product Partners LP's average E10 Growth Rate was -16.50% per year. During the past 3 years, the average E10 Growth Rate was -3.60% per year. During the past 5 years, the average E10 Growth Rate was -11.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Capital Product Partners LP was -0.30% per year. The lowest was -32.50% per year. And the median was -26.80% per year.

As of today (2024-05-16), Capital Product Partners LP's current stock price is $16.14. 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 of today is 9.38.

During the past 13 years, the highest Shiller PE Ratio of Capital Product Partners LP was 16.91. The lowest was 2.14. And the median was 4.87.


Capital Product Partners LP E10 Historical Data

The historical data trend for Capital Product Partners LP'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.

Capital Product Partners LP E10 Chart

Capital Product Partners LP 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 2.22 1.93 1.16 2.20 1.73

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
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 2.06 1.82 1.66 1.73 1.72

Competitive Comparison of Capital Product Partners LP's E10

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 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, 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

per share eps 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.


Capital Product Partners LP  (NAS:CPLP) 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.

Capital Product Partners LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.14/1.72
=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.

During the past 13 years, the highest Shiller P/E Ratio of Capital Product Partners LP was 16.91. The lowest was 2.14. And the median was 4.87.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Capital Product Partners LP E10 Related Terms

Thank you for viewing the detailed overview of Capital Product Partners LP's E10 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.