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As of today (2024-04-19), Rand Capital's current share price is $13.87. Rand Capital's E10 for the quarter that ended in Dec. 2023 was $1.32. Rand Capital's Shiller PE Ratio for today is 10.51.
The historical rank and industry rank for Rand Capital's Shiller PE Ratio or its related term are showing as below:
During the past years, Rand Capital's highest Shiller PE Ratio was 26.53. The lowest was 6.98. And the median was 11.47.
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.
Rand Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.32 for the trailing ten years ended in Dec. 2023.
The historical data trend for Rand Capital'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.
For the Asset Management subindustry, Rand Capital'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.
For the Asset Management industry and Financial Services sector, Rand Capital's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Rand Capital's Shiller PE Ratio falls into.
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.
Rand Capital's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 13.87 | / | 1.32 | |
= | 10.51 |
* 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.
Rand Capital's E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Rand Capital'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) |
= | 0.42 | / | 129.4194 | * | 129.4194 | |
= | 0.420 |
Current CPI (Dec. 2023) = 129.4194.
Rand Capital Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201403 | -0.270 | 99.695 | -0.351 |
201406 | 0.720 | 100.560 | 0.927 |
201409 | 0.270 | 100.428 | 0.348 |
201412 | 5.580 | 99.070 | 7.289 |
201503 | 0.270 | 99.621 | 0.351 |
201506 | 0.180 | 100.684 | 0.231 |
201509 | 0.450 | 100.392 | 0.580 |
201512 | 1.260 | 99.792 | 1.634 |
201603 | -0.360 | 100.470 | -0.464 |
201606 | -0.270 | 101.688 | -0.344 |
201609 | -0.810 | 101.861 | -1.029 |
201612 | -0.270 | 101.863 | -0.343 |
201703 | -0.540 | 102.862 | -0.679 |
201706 | -0.900 | 103.349 | -1.127 |
201709 | 0.090 | 104.136 | 0.112 |
201712 | 0.360 | 104.011 | 0.448 |
201803 | -0.720 | 105.290 | -0.885 |
201806 | -0.900 | 106.317 | -1.096 |
201809 | -0.270 | 106.507 | -0.328 |
201812 | 1.330 | 105.998 | 1.624 |
201903 | 0.630 | 107.251 | 0.760 |
201906 | -1.920 | 108.070 | -2.299 |
201909 | -4.100 | 108.329 | -4.898 |
201912 | 2.630 | 108.420 | 3.139 |
202003 | 0.260 | 108.902 | 0.309 |
202006 | 0.200 | 108.767 | 0.238 |
202009 | 0.100 | 109.815 | 0.118 |
202012 | -0.190 | 109.897 | -0.224 |
202103 | 3.110 | 111.754 | 3.602 |
202106 | 1.740 | 114.631 | 1.964 |
202109 | 0.900 | 115.734 | 1.006 |
202112 | 0.370 | 117.630 | 0.407 |
202203 | -0.160 | 121.301 | -0.171 |
202206 | -0.730 | 125.017 | -0.756 |
202209 | 0.430 | 125.227 | 0.444 |
202212 | 0.130 | 125.222 | 0.134 |
202303 | 0.840 | 127.348 | 0.854 |
202306 | 1.040 | 128.729 | 1.046 |
202309 | 0.230 | 129.860 | 0.229 |
202312 | 0.420 | 129.419 | 0.420 |
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.
Rand Capital (NAS:RAND) 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.
Thank you for viewing the detailed overview of Rand Capital's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Benjamin E Godley | director | RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203 |
Adam Samuel Gusky | director | RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203 |
Cari L Jaroslawsky | director | C/O HARTER SECREST & EMERY LLP, 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604 |
Daniel P Penberthy | officer: EVP and CFO | C/O RAND CAPITAL CORP, 2200 RAND BLDG, BUFFALO NY 14203 |
Robert M Zak | director | 250 MAIN STREET, BUFFALO NY 14202 |
Erland E Kailbourne | director | C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203 |
Heather Eastgate | officer: Chief Compliance Officer | C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203 |
East Asset Management, Llc | 10 percent owner | 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487 |
Nancy Marie Stone | officer: Chief Compliance Officer | C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203 |
Margaret Brechtel | officer: EVP, Treas., CFO & Sec. | C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203 |
User-friendly Holding, Llc | 10 percent owner | 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380 |
User-friendly Phone Book, Llc | 10 percent owner | 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380 |
Newman Reginald B Ii | director | PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225 |
Utility Service Holding Co., Inc. | 10 percent owner | P.O. BOX 240, WARTHEN GA 31094 |
Colmac Holdings Ltd | 10 percent owner | 8 KING STREET EAST, SUITE 1901, TORONTO A6 M5C 1B5 |
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