GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ICG-Longbow Senior Secured UK Prop Debt Inv Ltd (LSE:LBOW) » Definitions » E10

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) E10 : £0.04 (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is ICG-Longbow Senior Secured UK Prop Debt Inv 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's adjusted earnings per share data for the fiscal year that ended in Jan. 2024 was £-0.205. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.04 for the trailing ten years ended in Jan. 2024.

During the past 12 months, ICG-Longbow Senior Secured UK Prop Debt Inv's average E10 Growth Rate was -42.90% 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.

As of today (2024-06-06), ICG-Longbow Senior Secured UK Prop Debt Inv's current stock price is £ 0.2035. ICG-Longbow Senior Secured UK Prop Debt Inv's E10 for the fiscal year that ended in Jan. 2024 was £0.04. ICG-Longbow Senior Secured UK Prop Debt Inv's Shiller PE Ratio of today is 5.09.

During the past 11 years, the highest Shiller PE Ratio of ICG-Longbow Senior Secured UK Prop Debt Inv was 6.86. The lowest was 2.89. And the median was 5.21.


ICG-Longbow Senior Secured UK Prop Debt Inv E10 Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

ICG-Longbow Senior Secured UK Prop Debt Inv E10 Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.07 0.04

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - 0.07 - 0.04

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's E10

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's Shiller PE Ratio falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv 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, ICG-Longbow Senior Secured UK Prop Debt Inv's adjusted earnings per share data for the fiscal year that ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.205/130.1244*130.1244
=-0.205

Current CPI (Jan. 2024) = 130.1244.

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data

per_share_eps CPI Adj_EPS
201501 0.071 98.604 0.094
201601 0.062 99.957 0.081
201701 0.092 102.456 0.117
201801 0.053 104.578 0.066
201901 0.044 106.200 0.054
202001 0.050 108.841 0.060
202101 0.061 110.364 0.072
202201 0.061 118.619 0.067
202301 0.016 126.223 0.016
202401 -0.205 130.124 -0.205

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


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.2035/0.04
=5.09

* 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 11 years, the highest Shiller P/E Ratio of ICG-Longbow Senior Secured UK Prop Debt Inv was 6.86. The lowest was 2.89. And the median was 5.21.


Be Aware

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


ICG-Longbow Senior Secured UK Prop Debt Inv E10 Related Terms

Thank you for viewing the detailed overview of ICG-Longbow Senior Secured UK Prop Debt Inv's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Headlines

No Headlines