Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Shiller PE Ratio : (As of May. 11, 2024)

Kayne Anderson Energy Development Co Shiller PE Ratio Chart

Kayne Anderson Energy Development Co Annual Data
	Trend	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16	Nov17
Shiller PE Ratio		Get a 7-Day Free Trial					-	-	-	16.21	-

Kayne Anderson Energy Development Co Semi-Annual Data
	May08	Nov08	May09	Nov09	May10	Nov10	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
Shiller PE Ratio	Get a 7-Day Free Trial															-	16.21	-	-	-

Competitive Comparison of Kayne Anderson Energy Development Co's Shiller PE Ratio

For the Asset Management subindustry, Kayne Anderson Energy Development Co'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.

Kayne Anderson Energy Development Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Development Co's Shiller PE Ratio falls into.

Kayne Anderson Energy Development Co 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.

Kayne Anderson Energy Development Co's E10 for the fiscal year that ended in Nov17 is calculated as:

For example, Kayne Anderson Energy Development Co's adjusted earnings per share data for the fiscal year that ended in Nov17 was:

Current CPI (Nov17) = 104.0723.

Kayne Anderson Energy Development Co Annual Data

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.

Kayne Anderson Energy Development Co  (NYSE:KED) 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.

Kayne Anderson Energy Development Co Shiller PE Ratio Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description