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Global Ship Lease (STU:37H) E10 : €-0.76 (As of Mar. 2024)


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What is Global Ship Lease 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.

Global Ship Lease's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.328. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.76 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 7.90% 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 Global Ship Lease was 13.20% per year. The lowest was 1.70% per year. And the median was 12.50% per year.

As of today (2024-06-01), Global Ship Lease's current stock price is €25.58. Global Ship Lease's E10 for the quarter that ended in Mar. 2024 was €-0.76. Global Ship Lease's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Global Ship Lease was 0.23. The lowest was 0.07. And the median was 0.15.


Global Ship Lease E10 Historical Data

The historical data trend for Global Ship Lease'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.

Global Ship Lease E10 Chart

Global Ship Lease 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 -1.68 -1.20 -1.14 -1.14 -0.94

Global Ship Lease 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 -1.07 -1.03 -0.99 -0.94 -0.76

Competitive Comparison of Global Ship Lease's E10

For the Rental & Leasing Services subindustry, Global Ship Lease'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.


Global Ship Lease's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Shiller PE Ratio falls into.



Global Ship Lease 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, Global Ship Lease'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)
=2.328/117.2848*117.2848
=2.328

Current CPI (Mar. 2024) = 117.2848.

Global Ship Lease Quarterly Data

per share eps CPI Adj_EPS
201406 -0.294 103.060 -0.335
201409 0.807 102.624 0.922
201412 -0.130 100.254 -0.152
201503 0.003 100.549 0.003
201506 0.428 100.838 0.498
201509 -6.130 100.856 -7.129
201512 0.955 100.087 1.119
201603 0.718 99.041 0.850
201606 0.926 100.121 1.085
201609 -3.493 99.878 -4.102
201612 -8.722 100.110 -10.218
201703 1.047 100.770 1.219
201706 0.997 101.138 1.156
201709 1.275 100.882 1.482
201712 -14.061 100.762 -16.367
201803 0.491 100.534 0.573
201806 0.479 102.121 0.550
201809 0.548 101.982 0.630
201812 -4.500 101.330 -5.209
201903 0.372 101.482 0.430
201906 0.319 101.837 0.367
201909 0.963 101.906 1.108
201912 0.234 102.120 0.269
202003 0.032 101.479 0.037
202006 0.622 100.239 0.728
202009 0.633 99.886 0.743
202012 0.491 99.751 0.577
202103 0.109 99.817 0.128
202106 0.689 101.270 0.798
202109 1.477 102.095 1.697
202112 1.604 104.853 1.794
202203 1.689 108.651 1.823
202206 1.389 113.517 1.435
202209 2.460 114.371 2.523
202212 1.905 112.428 1.987
202303 1.980 113.620 2.044
202306 1.967 115.515 1.997
202309 2.191 116.234 2.211
202312 1.687 116.364 1.700
202403 2.328 117.285 2.328

Add all the adjusted EPS together and divide 10 will get our e10.


Global Ship Lease  (STU:37H) 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.

During the past 13 years, the highest Shiller P/E Ratio of Global Ship Lease was 0.23. The lowest was 0.07. And the median was 0.15.


Be Aware

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


Global Ship Lease E10 Related Terms

Thank you for viewing the detailed overview of Global Ship Lease's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Ship Lease (STU:37H) Business Description

Traded in Other Exchanges
Address
25 Wilton Road, London, GBR, SW1V 1LW
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.

Global Ship Lease (STU:37H) Headlines

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