GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Great Elm Capital Corp (NAS:GECC) » Definitions » Shiller PE Ratio

Great Elm Capital (Great Elm Capital) Shiller PE Ratio : (As of Apr. 26, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Great Elm Capital Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Elm Capital Shiller PE Ratio Historical Data

The historical data trend for Great Elm Capital'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.

Great Elm Capital Shiller PE Ratio Chart

Great Elm Capital Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Great Elm Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Great Elm Capital's Shiller PE Ratio

For the Asset Management subindustry, Great Elm Capital'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.


Great Elm Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Great Elm Capital's Shiller PE Ratio falls into.



Great Elm Capital 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.

Great Elm Capital's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Great Elm Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.56/129.4194*129.4194
=0.560

Current CPI (Dec. 2023) = 129.4194.

Great Elm Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 -1.733 98.790 -2.270
201312 -0.924 98.326 -1.216
201403 2.160 99.695 2.804
201406 -4.218 100.560 -5.429
201409 0.120 100.428 0.155
201412 -3.300 99.070 -4.311
201503 0.840 99.621 1.091
201506 -0.120 100.684 -0.154
201509 -1.260 100.392 -1.624
201512 -0.900 99.792 -1.167
201603 -0.240 100.470 -0.309
201606 -0.120 101.688 -0.153
201703 1.620 102.862 2.038
201706 -1.200 103.349 -1.503
201709 -4.620 104.136 -5.742
201712 2.460 104.011 3.061
201803 -2.280 105.290 -2.803
201806 1.500 106.317 1.826
201809 2.760 106.507 3.354
201812 -7.080 105.998 -8.644
201903 4.560 107.251 5.503
201906 -2.580 108.070 -3.090
201909 -5.760 108.329 -6.881
201912 -0.960 108.420 -1.146
202003 -19.980 108.902 -23.744
202006 2.040 108.767 2.427
202009 4.320 109.815 5.091
202012 -2.598 109.897 -3.060
202103 3.220 111.754 3.729
202106 0.630 114.631 0.711
202109 -4.740 115.734 -5.300
202112 -4.945 117.630 -5.441
202203 -1.120 121.301 -1.195
202206 -0.870 125.017 -0.901
202209 0.180 125.227 0.186
202212 -1.060 125.222 -1.096
202303 1.070 127.348 1.087
202306 0.680 128.729 0.684
202309 1.020 129.860 1.017
202312 0.560 129.419 0.560

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.


Great Elm Capital  (NAS:GECC) 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.


Great Elm Capital Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Great Elm Capital's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Elm Capital (Great Elm Capital) Business Description

Traded in Other Exchanges
N/A
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. The company seeks to generate current income and capital appreciation through debt and equity investments, including investments in specialty finance businesses. It invests in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. The company generates revenue from interest on the debt investments that it holds.
Executives
Great Elm Group, Inc. 10 percent owner 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Richard M Cohen director C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Mark Kuperschmid director MAST CAPITAL MANAGEMENT, LLC, 200 CLARENDON STREET, 51ST FLOOR, BOSTON MA 02116
Matthew D Kaplan officer: CEO and President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Lenders Funding Llc /california 10 percent owner 523 A AVENUE, CORONADO CA 92118
Robert A Zadek 10 percent owner 523 A AVENUE, CORONADO CA 92118
Erik A Falk director C/O KKR ASSET MANAGEMENT LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Adam M Kleinman officer: Chief Compliance Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Michael C Speller director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453