Euroseas (NAS:ESEA) Shiller PE Ratio

: (As of Today)

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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.

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Euroseas Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Shiller PE Ratio

Euroseas Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Shiller PE Ratio																-	-	-	-	-

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.

Annual Data Quarterly Data

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

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Euroseas (NAS:ESEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroseas Ltd (NAS:ESEA) » Definitions » Shiller PE Ratio

Traded in Other Exchanges

2LE1:Germany

Address

4 Messogiou and Evropis Street, Maroussi, GRC, 151 24

Website

http://www.euroseas.gr

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.