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Nuveen Missouri Quality Municipalome Fund (Nuveen Missouri Quality Municipalome Fund) E10 : $0.37 (As of Nov. 2023)


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What is Nuveen Missouri Quality Municipalome 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.

Nuveen Missouri Quality Municipalome Fund's adjusted earnings per share data for the fiscal year that ended in May. 2023 was $-0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.37 for the trailing ten years ended in May. 2023.

During the past 3 years, the average E10 Growth Rate was -21.00% 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 Nuveen Missouri Quality Municipalome Fund was -18.40% per year. The lowest was -21.00% per year. And the median was -19.70% per year.

As of today (2024-05-01), Nuveen Missouri Quality Municipalome Fund's current stock price is $ 9.8802. Nuveen Missouri Quality Municipalome Fund's E10 for the fiscal year that ended in May. 2023 was $0.37. Nuveen Missouri Quality Municipalome Fund's Shiller PE Ratio of today is 26.70.

During the past 13 years, the highest Shiller PE Ratio of Nuveen Missouri Quality Municipalome Fund was 27.68. The lowest was 13.21. And the median was 19.16.


Nuveen Missouri Quality Municipalome Fund E10 Historical Data

The historical data trend for Nuveen Missouri Quality Municipalome 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.

Nuveen Missouri Quality Municipalome Fund E10 Chart

Nuveen Missouri Quality Municipalome Fund 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 0.92 0.75 0.84 0.50 0.37

Nuveen Missouri Quality Municipalome Fund 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 - 0.50 - 0.37 -

Competitive Comparison of Nuveen Missouri Quality Municipalome Fund's E10

For the Asset Management subindustry, Nuveen Missouri Quality Municipalome 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.


Nuveen Missouri Quality Municipalome Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Missouri Quality Municipalome Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Missouri Quality Municipalome Fund's Shiller PE Ratio falls into.



Nuveen Missouri Quality Municipalome 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, Nuveen Missouri Quality Municipalome Fund'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)
=-0.51/128.3144*128.3144
=-0.510

Current CPI (May. 2023) = 128.3144.

Nuveen Missouri Quality Municipalome Fund Annual Data

per_share_eps CPI Adj_EPS
201405 0.312 100.373 0.399
201505 0.450 100.333 0.576
201605 1.270 101.355 1.608
201705 0.210 103.256 0.261
201805 0.160 106.148 0.193
201905 0.880 108.048 1.045
202005 0.290 108.175 0.344
202105 1.030 113.576 1.164
202205 -1.290 123.323 -1.342
202305 -0.510 128.314 -0.510

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


Nuveen Missouri Quality Municipalome Fund  (NYSE:NOM) 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.

Nuveen Missouri Quality Municipalome Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.8802/0.37
=26.70

* 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 Nuveen Missouri Quality Municipalome Fund was 27.68. The lowest was 13.21. And the median was 19.16.


Be Aware

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


Nuveen Missouri Quality Municipalome Fund E10 Related Terms

Thank you for viewing the detailed overview of Nuveen Missouri Quality Municipalome Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Missouri Quality Municipalome Fund (Nuveen Missouri Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Missouri Quality Municipal Income Fund is a diversified, closed-end management investment company operating in United States. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Missouri state income taxes; its secondary investment objective is the enhancement of portfolio value. The fund invests in municipal securities as well as floating rate securities as well as derivatives such as futures, options and swap contracts to the necessary extent. Nuveen Fund Advisors, LLC acts as an investment adviser of the company.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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