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Costamare Shiller PE Ratio

: 4.31 (As of Today)
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As of today (2020-06-05), Costamare's current share price is $5.00. Costamare's E10 for the quarter that ended in Mar. 2020 was $1.16. Costamare's Shiller PE Ratio for today is 4.31.

NYSE:CMRE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.18   Med: 4.81   Max: 8.59
Current: 4.29

3.18
8.59

During the past years, Costamare's highest Shiller PE Ratio was 8.59. The lowest was 3.18. And the median was 4.81.

NYSE:CMRE's Shiller PE Ratio is ranked higher than
93% of the 393 Companies
in the Transportation industry.

( Industry Median: 14.66 vs. NYSE:CMRE: 4.29 )

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.

Costamare's adjusted earnings per share data for the three months ended in Mar. 2020 was $0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.16 for the trailing ten years ended in Mar. 2020.


Costamare Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Costamare Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 7.84

Costamare Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.00 4.04 4.91 7.84 3.89

Competitive Comparison
* 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.


Costamare Shiller PE Ratio Distribution

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



Costamare 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.

Costamare's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.00/1.16
=4.31

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Costamare's E10 for the quarter that ended in Mar. 2020 is calculated as:

For example, Costamare's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=0.21/258.12*258.12
=0.210

Current CPI (Mar. 2020) = 258.12.

Costamare Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201006 0.440 217.970 0.521
201009 0.510 218.440 0.603
201012 0.170 219.180 0.200
201103 0.300 223.470 0.347
201106 0.430 225.720 0.492
201109 0.290 226.890 0.330
201112 0.430 225.670 0.492
201203 0.400 229.390 0.450
201206 0.310 229.480 0.349
201209 0.180 231.410 0.201
201212 0.310 229.600 0.349
201303 0.330 232.770 0.366
201306 0.410 233.500 0.453
201309 0.270 234.150 0.298
201312 0.350 233.050 0.388
201403 0.230 236.290 0.251
201406 0.320 238.340 0.347
201409 0.450 238.030 0.488
201412 0.370 234.810 0.407
201503 0.310 236.120 0.339
201506 0.530 238.640 0.573
201509 0.390 237.940 0.423
201512 0.440 236.530 0.480
201603 0.400 238.130 0.434
201606 0.420 241.020 0.450
201609 0.200 241.430 0.214
201612 -0.200 241.430 -0.214
201703 0.200 243.800 0.212
201706 0.180 244.960 0.190
201709 0.180 246.820 0.188
201712 -0.020 246.520 -0.021
201803 0.110 249.550 0.114
201806 0.060 251.990 0.061
201809 0.060 252.440 0.061
201812 0.110 251.230 0.113
201903 -0.080 254.200 -0.081
201906 0.180 256.140 0.181
201909 0.250 256.760 0.251
201912 0.240 256.970 0.241
202003 0.210 258.120 0.210

Add all the adjusted EPS together and divide 10 will get our E10.


Costamare  (NYSE:CMRE) 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.


Costamare Shiller PE Ratio Related Terms


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