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

Monroe Capital (Monroe Capital) Shiller PE Ratio : 7.13 (As of Apr. 25, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Monroe Capital Shiller PE Ratio?

As of today (2024-04-25), Monroe Capital's current share price is $7.27. Monroe Capital's E10 for the quarter that ended in Dec. 2023 was $1.02. Monroe Capital's Shiller PE Ratio for today is 7.13.

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

MRCC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.24   Med: 7.12   Max: 8.96
Current: 7.13

During the past years, Monroe Capital's highest Shiller PE Ratio was 8.96. The lowest was 6.24. And the median was 7.12.

MRCC's Shiller PE Ratio is ranked better than
86.02% of 758 companies
in the Asset Management industry
Industry Median: 12.63 vs MRCC: 7.13

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.

Monroe Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monroe Capital Shiller PE Ratio Historical Data

The historical data trend for Monroe 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.

Monroe Capital Shiller PE Ratio Chart

Monroe Capital 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 - - - 7.39 6.93

Monroe 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 7.39 6.85 7.69 7.14 6.93

Competitive Comparison of Monroe Capital's Shiller PE Ratio

For the Asset Management subindustry, Monroe 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.


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

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

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



Monroe 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.

Monroe Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.27/1.02
=7.13

* 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.

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

For example, Monroe 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)
=0.08/129.4194*129.4194
=0.080

Current CPI (Dec. 2023) = 129.4194.

Monroe Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.380 99.695 0.493
201406 0.280 100.560 0.360
201409 0.350 100.428 0.451
201412 0.440 99.070 0.575
201503 0.410 99.621 0.533
201506 0.430 100.684 0.553
201509 0.380 100.392 0.490
201512 0.330 99.792 0.428
201603 0.610 100.470 0.786
201606 0.410 101.688 0.522
201609 0.230 101.861 0.292
201612 0.450 101.863 0.572
201703 0.150 102.862 0.189
201706 0.060 103.349 0.075
201709 0.310 104.136 0.385
201712 0.310 104.011 0.386
201803 0.070 105.290 0.086
201806 0.210 106.317 0.256
201809 -0.050 106.507 -0.061
201812 0.060 105.998 0.073
201903 0.360 107.251 0.434
201906 0.200 108.070 0.240
201909 0.170 108.329 0.203
201912 0.210 108.420 0.251
202003 -1.810 108.902 -2.151
202006 0.690 108.767 0.821
202009 0.710 109.815 0.837
202012 0.420 109.897 0.495
202103 0.330 111.754 0.382
202106 0.530 114.631 0.598
202109 0.340 115.734 0.380
202112 0.320 117.630 0.352
202203 0.040 121.301 0.043
202206 -0.340 125.017 -0.352
202209 -0.030 125.227 -0.031
202212 0.210 125.222 0.217
202303 0.160 127.348 0.163
202306 -0.200 128.729 -0.201
202309 -0.010 129.860 -0.010
202312 0.080 129.419 0.080

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.


Monroe Capital  (NAS:MRCC) 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.


Monroe Capital Shiller PE Ratio Related Terms

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


Monroe Capital (Monroe Capital) Business Description

Traded in Other Exchanges
Address
311 South Wacker Drive, Suite 6400, Chicago, IL, USA, 60606
Monroe Capital Corp is a speciality finance company focused on providing financing to lower middle-market companies, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. Its investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC.
Executives
Lewis Solimene officer: CFO and CIO C/O GSV GROWTH CREDIT FUND INC., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Caroline Davidson director 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Thomas J. Allison director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey D. Steele director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jorde M. Nathan director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Robert S Rubin director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Theodore L Koenig director, officer: Chairman, President & CEO C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Aaron Daniel Peck director, officer: See Remarks C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Jeffrey A Golman director C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606