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Ellington Credit Co (STU:73Z) Shiller PE Ratio : 13.27 (As of May. 20, 2024)


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What is Ellington Credit Co Shiller PE Ratio?

As of today (2024-05-20), Ellington Credit Co's current share price is €6.50. Ellington Credit Co's E10 for the quarter that ended in Mar. 2024 was €0.49. Ellington Credit Co's Shiller PE Ratio for today is 13.27.

The historical rank and industry rank for Ellington Credit Co's Shiller PE Ratio or its related term are showing as below:

STU:73Z' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.86   Med: 13.35   Max: 23.84
Current: 13.57

During the past years, Ellington Credit Co's highest Shiller PE Ratio was 23.84. The lowest was 9.86. And the median was 13.35.

STU:73Z's Shiller PE Ratio is ranked worse than
53.75% of 759 companies
in the Asset Management industry
Industry Median: 13.02 vs STU:73Z: 13.57

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.

Ellington Credit Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.184. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellington Credit Co Shiller PE Ratio Historical Data

The historical data trend for Ellington Credit Co'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.

Ellington Credit Co Shiller PE Ratio Chart

Ellington Credit Co 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 - - - 17.00 11.45

Ellington Credit Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.75 11.50 13.49 11.45 13.15

Competitive Comparison of Ellington Credit Co's Shiller PE Ratio

For the Asset Management subindustry, Ellington Credit Co'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.


Ellington Credit Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ellington Credit Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ellington Credit Co's Shiller PE Ratio falls into.



Ellington Credit Co 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.

Ellington Credit Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.50/0.49
=13.27

* 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.

Ellington Credit Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Ellington Credit Co'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)
=0.184/131.7762*131.7762
=0.184

Current CPI (Mar. 2024) = 131.7762.

Ellington Credit Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.891 100.560 1.168
201409 0.303 100.428 0.398
201412 -0.105 99.070 -0.140
201503 0.370 99.621 0.489
201506 0.018 100.684 0.024
201509 -0.472 100.392 -0.620
201512 0.101 99.792 0.133
201603 -0.027 100.470 -0.035
201606 0.338 101.688 0.438
201609 0.650 101.861 0.841
201612 0.209 101.863 0.270
201703 0.206 102.862 0.264
201706 0.134 103.349 0.171
201709 0.403 104.136 0.510
201712 0.051 104.011 0.065
201803 -0.243 105.290 -0.304
201806 0.120 106.317 0.149
201809 0.060 106.507 0.074
201812 -0.703 105.998 -0.874
201903 0.637 107.251 0.783
201906 -0.009 108.070 -0.011
201909 0.272 108.329 0.331
201912 0.702 108.420 0.853
202003 -1.222 108.902 -1.479
202006 1.536 108.767 1.861
202009 0.560 109.815 0.672
202012 0.493 109.897 0.591
202103 0.008 111.754 0.009
202106 -0.299 114.631 -0.344
202109 0.060 115.734 0.068
202112 -0.186 117.630 -0.208
202203 -1.208 121.301 -1.312
202206 -0.776 125.017 -0.818
202209 -1.050 125.227 -1.105
202212 0.831 125.222 0.874
202303 0.159 127.348 0.165
202306 0.083 128.729 0.085
202309 -0.703 129.860 -0.713
202312 0.688 129.419 0.701
202403 0.184 131.776 0.184

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.


Ellington Credit Co  (STU:73Z) 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.


Ellington Credit Co Shiller PE Ratio Related Terms

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Ellington Credit Co (STU:73Z) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.

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