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Capstead Mortgage (Capstead Mortgage) Shiller PE Ratio : 10.32 (As of Apr. 25, 2024)


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What is Capstead Mortgage Shiller PE Ratio?

As of today (2024-04-25), Capstead Mortgage's current share price is $6.50. Capstead Mortgage's E10 for the quarter that ended in Jun. 2021 was $0.63. Capstead Mortgage's Shiller PE Ratio for today is 10.32.

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

CMO's Shiller PE Ratio is not ranked *
in the REITs industry.
Industry Median: 11.36
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Capstead Mortgage's adjusted earnings per share data for the three months ended in Jun. 2021 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.63 for the trailing ten years ended in Jun. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capstead Mortgage Shiller PE Ratio Historical Data

The historical data trend for Capstead Mortgage'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.

Capstead Mortgage Shiller PE Ratio Chart

Capstead Mortgage Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 6.14 5.35 7.83 8.51

Capstead Mortgage Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 7.72 7.90 8.51 9.42 9.73

Competitive Comparison of Capstead Mortgage's Shiller PE Ratio

For the REIT - Mortgage subindustry, Capstead Mortgage'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.


Capstead Mortgage's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Capstead Mortgage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Capstead Mortgage's Shiller PE Ratio falls into.



Capstead Mortgage 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.

Capstead Mortgage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.50/0.63
=10.32

* 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.

Capstead Mortgage's E10 for the quarter that ended in Jun. 2021 is calculated as:

For example, Capstead Mortgage's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0.11/114.6314*114.6314
=0.110

Current CPI (Jun. 2021) = 114.6314.

Capstead Mortgage Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201109 0.430 95.727 0.515
201112 0.430 95.213 0.518
201203 0.440 96.783 0.521
201206 0.400 96.819 0.474
201209 0.350 97.633 0.411
201212 0.310 96.871 0.367
201303 0.310 98.209 0.362
201306 0.040 98.518 0.047
201309 0.230 98.790 0.267
201312 0.350 98.326 0.408
201403 0.370 99.695 0.425
201406 0.350 100.560 0.399
201409 0.300 100.428 0.342
201412 0.310 99.070 0.359
201503 0.320 99.621 0.368
201506 0.220 100.684 0.250
201509 0.180 100.392 0.206
201512 0.260 99.792 0.299
201603 0.250 100.470 0.285
201606 0.190 101.688 0.214
201609 0.130 101.861 0.146
201612 0.140 101.863 0.158
201703 0.200 102.862 0.223
201706 0.140 103.349 0.155
201709 0.130 104.136 0.143
201712 0.190 104.011 0.209
201803 0.160 105.290 0.174
201806 0.090 106.317 0.097
201809 0.040 106.507 0.043
201812 0.050 105.998 0.054
201903 -0.150 107.251 -0.160
201906 -0.800 108.070 -0.849
201909 -0.020 108.329 -0.021
201912 0.290 108.420 0.307
202003 -2.210 108.902 -2.326
202006 0.190 108.767 0.200
202009 0.250 109.815 0.261
202012 0.190 109.897 0.198
202103 0.150 111.754 0.154
202106 0.110 114.631 0.110

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.


Capstead Mortgage  (NYSE:CMO) 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.


Capstead Mortgage Shiller PE Ratio Related Terms

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


Capstead Mortgage (Capstead Mortgage) Business Description

Traded in Other Exchanges
N/A
Address
8401 North Central Expressway, Suite 800, Dallas, TX, USA, 75225-4404
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
Executives
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mark S Whiting director C/O TRINET CORPORATE REALTY TRUST INC, FOUR EMBARCADERO CENTER #3150, SAN FRANCISCO CA 94111
Christopher W Mahowald director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, ANN ARBOR MI 48108
Michael G Oneil director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Jack Biegler director 8401 NORTH CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
John L Bernard director 2815 BRODERICK STREET, SAN FRANCISCO CA 94123
Phillip A Reinsch director, officer: President & CEO 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Lance Phillips officer: Chief Financial Officer 1807 ROSS AVE., 4TH FLOOR, DALLAS TX 75201
Roy Kim officer: Senior Vice President 5929 GLENDORA AVE, DALLAS TX 75230
Spears Robert R Jr officer: EVP & CIO 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Andrew F Jacobs officer: CEO & President 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Mike Brown officer: Senior VP 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Paul M Low other: Retired Director

Capstead Mortgage (Capstead Mortgage) Headlines

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