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Virtus Investment Partners (Virtus Investment Partners) Shiller PE Ratio : 16.76 (As of May. 02, 2024)


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What is Virtus Investment Partners Shiller PE Ratio?

As of today (2024-05-02), Virtus Investment Partners's current share price is $219.90. Virtus Investment Partners's E10 for the quarter that ended in Dec. 2023 was $13.12. Virtus Investment Partners's Shiller PE Ratio for today is 16.76.

The historical rank and industry rank for Virtus Investment Partners's Shiller PE Ratio or its related term are showing as below:

VRTS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.02   Med: 16.7   Max: 39.27
Current: 16.76

During the past years, Virtus Investment Partners's highest Shiller PE Ratio was 39.27. The lowest was 8.02. And the median was 16.70.

VRTS's Shiller PE Ratio is ranked worse than
68.89% of 765 companies
in the Asset Management industry
Industry Median: 12.7 vs VRTS: 16.76

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.

Virtus Investment Partners's adjusted earnings per share data for the three months ended in Dec. 2023 was $4.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virtus Investment Partners Shiller PE Ratio Historical Data

The historical data trend for Virtus Investment Partners'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.

Virtus Investment Partners Shiller PE Ratio Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.96 23.71 28.42 15.83 18.43

Virtus Investment Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.11 15.31 15.43 18.43 -

Competitive Comparison of Virtus Investment Partners's Shiller PE Ratio

For the Asset Management subindustry, Virtus Investment Partners'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.


Virtus Investment Partners's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's Shiller PE Ratio falls into.



Virtus Investment Partners 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.

Virtus Investment Partners's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=219.90/13.12
=16.76

* 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.

Virtus Investment Partners's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Virtus Investment Partners's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.21/129.4194*129.4194
=4.210

Current CPI (Dec. 2023) = 129.4194.

Virtus Investment Partners Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.340 99.695 3.038
201406 2.100 100.560 2.703
201409 4.020 100.428 5.180
201412 2.050 99.070 2.678
201503 2.110 99.621 2.741
201506 1.080 100.684 1.388
201509 -0.070 100.392 -0.090
201512 0.760 99.792 0.986
201603 1.450 100.470 1.868
201606 0.970 101.688 1.235
201609 1.990 101.861 2.528
201612 1.870 101.863 2.376
201703 1.620 102.862 2.038
201706 -0.340 103.349 -0.426
201709 2.210 104.136 2.747
201712 0.460 104.011 0.572
201803 2.770 105.290 3.405
201806 2.750 106.317 3.348
201809 3.190 106.507 3.876
201812 0.010 105.998 0.012
201903 2.610 107.251 3.149
201906 3.260 108.070 3.904
201909 2.950 108.329 3.524
201912 2.830 108.420 3.378
202003 -0.580 108.902 -0.689
202006 1.430 108.767 1.702
202009 3.710 109.815 4.372
202012 5.400 109.897 6.359
202103 4.540 111.754 5.258
202106 7.860 114.631 8.874
202109 7.360 115.734 8.230
202112 6.290 117.630 6.920
202203 4.220 121.301 4.502
202206 2.290 125.017 2.371
202209 4.250 125.227 4.392
202212 4.770 125.222 4.930
202303 5.210 127.348 5.295
202306 4.100 128.729 4.122
202309 4.190 129.860 4.176
202312 4.210 129.419 4.210

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.


Virtus Investment Partners  (NYSE:VRTS) 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.


Virtus Investment Partners Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Virtus Investment Partners's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Investment Partners (Virtus Investment Partners) Business Description

Traded in Other Exchanges
N/A
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Executives
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Mardelle W Pena officer: EVP, Human Resources C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Barry M. Mandinach officer: EVP, Head of Distribution 1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Bradley William Patrick Iii officer: EVP, Fund Services C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Stephen T Zarrilli director FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
Richard W Smirl officer: EVP & Chief Operating Officer C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Francis G Waltman officer: EVP, Product Management C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Mark C Treanor director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Peter L Bain director LEGG MASON INC, 100 LIGHT ST, BALTIMORE MD 21202
Paul G Greig director III CASCADE PLAZA, AKRON OH 44308
Wendy J Hills officer: EVP, CLO & General Counsel 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
James R Baio director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Timothy A Holt director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Melody L Jones director T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103