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Euroseas (NAS:ESEA) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Euroseas Shiller PE Ratio Historical Data

The historical data trend for Euroseas'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.

Euroseas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Euroseas Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison

For the Marine Shipping subindustry, Euroseas'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.

   

Euroseas Shiller PE Ratio Distribution

For the Transportation industry and Industrials sector, Euroseas's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Euroseas's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Euroseas 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.

Euroseas's E10 for the quarter that ended in Mar. 2023 is calculated as:

For example, Euroseas's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=4.1/113.6197*113.6197
=4.100

Current CPI (Mar. 2023) = 113.6197.

Euroseas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -13.995 104.198 -15.261
201309 -5.598 103.487 -6.146
201312 -132.249 102.937 -145.973
201403 -3.499 102.748 -3.869
201406 -6.647 103.060 -7.328
201409 -5.760 102.624 -6.377
201412 -9.097 100.254 -10.310
201503 -8.000 100.549 -9.040
201506 -5.120 100.838 -5.769
201509 -2.320 100.856 -2.614
201512 -4.000 100.087 -4.541
201603 -3.200 99.041 -3.671
201606 -19.360 100.121 -21.970
201609 -4.880 99.878 -5.551
201612 -17.360 100.110 -19.703
201703 -1.920 100.770 -2.165
201706 -1.040 101.138 -1.168
201709 -4.240 100.882 -4.775
201712 1.040 100.762 1.173
201803 -1.360 100.534 -1.537
201806 1.520 102.121 1.691
201809 4.240 101.982 4.724
201812 -0.560 101.330 -0.628
201903 -0.320 101.482 -0.358
201906 -1.120 101.837 -1.250
201909 -0.100 101.906 -0.111
201912 -0.180 102.120 -0.200
202003 0.320 101.479 0.358
202006 0.200 100.239 0.227
202009 0.010 99.886 0.011
202012 0.070 99.751 0.080
202103 0.530 99.817 0.603
202106 1.110 101.270 1.245
202109 1.170 102.095 1.302
202112 3.130 104.853 3.392
202203 4.130 108.651 4.319
202206 4.230 113.517 4.234
202209 3.500 114.371 3.477
202212 2.860 112.428 2.890
202303 4.100 113.620 4.100

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.


Euroseas  (NAS:ESEA) 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.


Euroseas Shiller PE Ratio Related Terms

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


Euroseas (NAS:ESEA) Business Description

Euroseas logo
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

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