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Pennant Park Investment (Pennant Park Investment) Shiller PE Ratio

: 12.52 (As of Today)
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As of today (2024-04-19), Pennant Park Investment's current share price is $7.01. Pennant Park Investment's E10 for the quarter that ended in Dec. 2023 was $0.56. Pennant Park Investment's Shiller PE Ratio for today is 12.52.

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

PNNT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.05   Med: 7.96   Max: 17.85
Current: 12.52

During the past years, Pennant Park Investment's highest Shiller PE Ratio was 17.85. The lowest was 3.05. And the median was 7.96.

PNNT's Shiller PE Ratio is ranked better than
52.56% of 761 companies
in the Asset Management industry
Industry Median: 12.67 vs PNNT: 12.52

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.

Pennant Park Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pennant Park Investment Shiller PE Ratio Historical Data

The historical data trend for Pennant Park Investment'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.

Pennant Park Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.07 4.59 6.85 6.56 10.58

Pennant Park Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 8.64 8.37 9.17 10.58 12.38

Competitive Comparison

For the Asset Management subindustry, Pennant Park Investment'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.


Pennant Park Investment Shiller PE Ratio Distribution

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

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



Pennant Park Investment 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.

Pennant Park Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.01/0.56
=12.52

* 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.

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

For example, Pennant Park Investment'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)
=0.16/129.4194*129.4194
=0.160

Current CPI (Dec. 2023) = 129.4194.

Pennant Park Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.610 99.695 0.792
201406 0.480 100.560 0.618
201409 -0.020 100.428 -0.026
201412 -0.320 99.070 -0.418
201503 0.100 99.621 0.130
201506 0.070 100.684 0.090
201509 0.020 100.392 0.026
201512 -0.560 99.792 -0.726
201603 0.060 100.470 0.077
201606 0.390 101.688 0.496
201609 0.380 101.861 0.483
201612 0.340 101.863 0.432
201703 0.160 102.862 0.201
201706 0.260 103.349 0.326
201709 0.100 104.136 0.124
201712 0.180 104.011 0.224
201803 0.080 105.290 0.098
201806 0.240 106.317 0.292
201809 0.180 106.507 0.219
201812 0.100 105.998 0.122
201903 -0.070 107.251 -0.084
201906 0.080 108.070 0.096
201909 0.130 108.329 0.155
201912 0.290 108.420 0.346
202003 -0.900 108.902 -1.070
202006 0.230 108.767 0.274
202009 0.140 109.815 0.165
202012 1.060 109.897 1.248
202103 0.570 111.754 0.660
202106 0.480 114.631 0.542
202109 0.380 115.734 0.425
202112 0.380 117.630 0.418
202203 0.047 121.301 0.050
202206 -0.280 125.017 -0.290
202209 -0.520 125.227 -0.537
202212 -1.100 125.222 -1.137
202303 0.070 127.348 0.071
202306 0.320 128.729 0.322
202309 0.190 129.860 0.189
202312 0.160 129.419 0.160

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.


Pennant Park Investment  (NYSE:PNNT) 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.


Pennant Park Investment Shiller PE Ratio Related Terms

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


Pennant Park Investment (Pennant Park Investment) Business Description

Traded in Other Exchanges
Address
1691 Michigan Avenue, Miami Beach, FL, USA, 33139
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
Executives
Jose A Briones director 55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Samuel L Katz director 9 WEST 57TH ST, NEW YORK NY 10019
Arthur H Penn officer: Chairman and CEO / Investment
Allorto Richard T Jr officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard Cheung officer: See Remarks C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Aviv Efrat officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Adam K Bernstein director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Pennantpark Investment Corp director, officer: Chairman and CEO/, other: Investment Adviser 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Marshall Brozost director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Williams P Whitridge Jr other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Salvatore Iii Giannetti other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Geoffrey S Chang other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022

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