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Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Shiller PE Ratio : 12.50 (As of May. 01, 2024)


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What is Credit Suisse High Yield Bond Fund Shiller PE Ratio?

As of today (2024-05-01), Credit Suisse High Yield Bond Fund's current share price is $2.00. Credit Suisse High Yield Bond Fund's E10 for the fiscal year that ended in Oct23 was $0.16. Credit Suisse High Yield Bond Fund's Shiller PE Ratio for today is 12.50.

The historical rank and industry rank for Credit Suisse High Yield Bond Fund's Shiller PE Ratio or its related term are showing as below:

DHY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.73   Med: 9.98   Max: 12.75
Current: 12.5

During the past 13 years, Credit Suisse High Yield Bond Fund's highest Shiller PE Ratio was 12.75. The lowest was 5.73. And the median was 9.98.

DHY's Shiller PE Ratio is ranked better than
51.7% of 764 companies
in the Asset Management industry
Industry Median: 12.745 vs DHY: 12.50

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.

Credit Suisse High Yield Bond Fund's adjusted earnings per share data of for the fiscal year that ended in Oct23 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.16 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse High Yield Bond Fund Shiller PE Ratio Historical Data

The historical data trend for Credit Suisse High Yield Bond Fund'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.

Credit Suisse High Yield Bond Fund Shiller PE Ratio Chart

Credit Suisse High Yield Bond Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 8.91 9.72 9.66 11.44

Credit Suisse High Yield Bond Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 9.72 - 9.66 - 11.44

Competitive Comparison of Credit Suisse High Yield Bond Fund's Shiller PE Ratio

For the Asset Management subindustry, Credit Suisse High Yield Bond 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.


Credit Suisse High Yield Bond Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Credit Suisse High Yield Bond Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Credit Suisse High Yield Bond Fund's Shiller PE Ratio falls into.



Credit Suisse High Yield Bond Fund 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.

Credit Suisse High Yield Bond Fund's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.00/0.16
=12.50

* 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.

Credit Suisse High Yield Bond Fund's E10 for the fiscal year that ended in Oct23 is calculated as:

For example, Credit Suisse High Yield Bond Fund's adjusted earnings per share data for the fiscal year that ended in Oct23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.22/129.8097*129.8097
=0.220

Current CPI (Oct23) = 129.8097.

Credit Suisse High Yield Bond Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201410 0.210 100.176 0.272
201510 -0.130 100.346 -0.168
201610 0.280 101.988 0.356
201710 0.450 104.070 0.561
201810 0.020 106.695 0.024
201910 0.200 108.577 0.239
202010 0.050 109.861 0.059
202110 0.350 116.696 0.389
202210 -0.360 125.734 -0.372
202310 0.220 129.810 0.220

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.


Credit Suisse High Yield Bond Fund  (AMEX:DHY) 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.


Credit Suisse High Yield Bond Fund Shiller PE Ratio Related Terms

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Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eleven Madison Avenue, New York, NY, USA, 10010
Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment company with the objective to seek high current income and capital appreciation as a secondary objective.
Executives
Laura A Defelice other: Trustee ONE MADISON AVENUE, NEW YORK NY 10010
Thomas J. Flannery officer: Chief Investment Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Brandi Sinkovich officer: Chief Compliance Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Samantha Kappagoda other: Trustee C/O CREDIT SUISSE ASSET MANAGEMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK NY 10010
Rachael Inez Hoffman officer: Chief Compliance Officer 11 MADISON AVENUE, NEW YORK NY 10010
Antonio Muinos officer: Chief Compliance Officer ELEVEN MADISON AVENUE, 9TH AVENUE, NEW YORK NY 10010
Jason Patrick Gossett officer: Chief Compliance Officer RALEIGH LT BUILDING, MORRISVILLE NC 27560
Omar Tariq officer: CFO & Treasurer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Jeffrey E Garten other: Trustee AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Mahendra R Gupta officer: Chairman of Audit Committee, other: and Trustee WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Csam Americas Holding Corp. other: Affiliate of InvestmentAdviser ONE MADISON AVENUE, NEW YORK NY 10010
Terry Fires Bovarnick director C/O CREDIT SUISSE ASSET MANAGMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK CITY NY 10010
Lawrence Joseph Fox officer: Audit Committee Chairman &, other: Trustee C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

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