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CT Global Managed Portfolio Trust (LSE:CMPG) E10 : £0.13 (As of Nov. 2023)


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What is CT Global Managed Portfolio Trust 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.

CT Global Managed Portfolio Trust's adjusted earnings per share data for the fiscal year that ended in May. 2023 was £-0.102. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.13 for the trailing ten years ended in May. 2023.

During the past 3 years, the average E10 Growth Rate was -8.00% per year. During the past 5 years, the average E10 Growth Rate was -4.00% 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 CT Global Managed Portfolio Trust was 3.60% per year. The lowest was -8.00% per year. And the median was -2.90% per year.

As of today (2024-06-06), CT Global Managed Portfolio Trust's current stock price is £ 2.54. CT Global Managed Portfolio Trust's E10 for the fiscal year that ended in May. 2023 was £0.13. CT Global Managed Portfolio Trust's Shiller PE Ratio of today is 19.54.

During the past 13 years, the highest Shiller PE Ratio of CT Global Managed Portfolio Trust was 17.07. The lowest was 7.88. And the median was 14.11.


CT Global Managed Portfolio Trust E10 Historical Data

The historical data trend for CT Global Managed Portfolio Trust'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.

CT Global Managed Portfolio Trust E10 Chart

CT Global Managed Portfolio Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.16 0.19 0.20 0.13

CT Global Managed Portfolio Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 0.20 - 0.13 -

Competitive Comparison of CT Global Managed Portfolio Trust's E10

For the Asset Management subindustry, CT Global Managed Portfolio Trust'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.


CT Global Managed Portfolio Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CT Global Managed Portfolio Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CT Global Managed Portfolio Trust's Shiller PE Ratio falls into.



CT Global Managed Portfolio Trust 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, CT Global Managed Portfolio Trust's adjusted earnings per share data for the fiscal year that ended in May. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.102/129.1000*129.1000
=-0.102

Current CPI (May. 2023) = 129.1000.

CT Global Managed Portfolio Trust Annual Data

per_share_eps CPI Adj_EPS
201405 0.068 99.600 0.088
201505 0.118 100.100 0.152
201605 -0.056 100.800 -0.072
201705 0.272 103.500 0.339
201805 0.039 105.900 0.048
201905 0.031 107.900 0.037
202005 -0.104 108.600 -0.124
202105 0.325 111.000 0.378
202205 -0.021 119.700 -0.023
202305 -0.102 129.100 -0.102

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


CT Global Managed Portfolio Trust  (LSE:CMPG) 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.

CT Global Managed Portfolio Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.54/0.13
=19.54

* 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 CT Global Managed Portfolio Trust was 17.07. The lowest was 7.88. And the median was 14.11.


Be Aware

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


CT Global Managed Portfolio Trust E10 Related Terms

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


CT Global Managed Portfolio Trust (LSE:CMPG) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth, and the Growth shares, where the investment focus is to achieve capital growth.

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