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Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) E10 : $1.03 (As of Feb. 2024)


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What is Allspring Utilities and Highome Fund 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.

Allspring Utilities and Highome Fund's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was $-1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.03 for the trailing ten years ended in Aug. 2023.

During the past 3 years, the average E10 Growth Rate was -3.90% 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 Allspring Utilities and Highome Fund was 3.80% per year. The lowest was -3.90% per year. And the median was -0.05% per year.

As of today (2024-05-20), Allspring Utilities and Highome Fund's current stock price is $ 10.04. Allspring Utilities and Highome Fund's E10 for the fiscal year that ended in Aug. 2023 was $1.03. Allspring Utilities and Highome Fund's Shiller PE Ratio of today is 9.75.

During the past 13 years, the highest Shiller PE Ratio of Allspring Utilities and Highome Fund was 13.50. The lowest was 7.51. And the median was 10.37.


Allspring Utilities and Highome Fund E10 Historical Data

The historical data trend for Allspring Utilities and Highome Fund'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.

Allspring Utilities and Highome Fund E10 Chart

Allspring Utilities and Highome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.16 1.27 1.31 1.03

Allspring Utilities and Highome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 1.31 - 1.03 -

Competitive Comparison of Allspring Utilities and Highome Fund's E10

For the Asset Management subindustry, Allspring Utilities and Highome Fund'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.


Allspring Utilities and Highome Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Allspring Utilities and Highome Fund's Shiller PE Ratio falls into.



Allspring Utilities and Highome Fund 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, Allspring Utilities and Highome Fund's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=-1.42/129.5375*129.5375
=-1.420

Current CPI (Aug. 2023) = 129.5375.

Allspring Utilities and Highome Fund Annual Data

per_share_eps CPI Adj_EPS
201408 2.490 100.352 3.214
201508 -0.490 100.548 -0.631
201608 1.210 101.617 1.542
201708 1.630 103.587 2.038
201808 -0.150 106.383 -0.183
201908 1.410 108.245 1.687
202008 0.950 109.662 1.122
202108 2.170 115.421 2.435
202208 0.520 124.958 0.539
202308 -1.420 129.538 -1.420

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


Allspring Utilities and Highome Fund  (AMEX:ERH) 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.

Allspring Utilities and Highome Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.04/1.03
=9.75

* 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 Allspring Utilities and Highome Fund was 13.50. The lowest was 7.51. And the median was 10.37.


Be Aware

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


Allspring Utilities and Highome Fund E10 Related Terms

Thank you for viewing the detailed overview of Allspring Utilities and Highome Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company's investment portfolio includes direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. It also invests in various industries which includes auto components, hotels, household durables, media, specialty retail, apparel, oil, gas, consumable fuels, industrials, information technology, telecommunication services, financial and healthcare. Its investment advisor is Wells Fargo Funds Management LLC.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Jack E Spudich other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Kent A Newcomb other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Andrew R Tuttle officer: Portfolio Mgr. 25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043
William R. Ebsworth director WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105