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As of today (2024-05-24), Nuveen Municipal Creditome Fund's current share price is $11.92. Nuveen Municipal Creditome Fund's E10 for the fiscal year that ended in Oct23 was $0.72. Nuveen Municipal Creditome Fund's Shiller PE Ratio for today is 16.56.
The historical rank and industry rank for Nuveen Municipal Creditome Fund's Shiller PE Ratio or its related term are showing as below:
During the past 13 years, Nuveen Municipal Creditome Fund's highest Shiller PE Ratio was 22.32. The lowest was 9.17. And the median was 15.55.
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.
Nuveen Municipal Creditome Fund's adjusted earnings per share data of for the fiscal year that ended in Oct23 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.72 for the trailing ten years ended in Oct23.
The historical data trend for Nuveen Municipal Creditome Fund'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.
Nuveen Municipal Creditome Fund Annual Data | |||||||||||||||||||||
Trend | Oct14 | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial |
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13.41 | 14.28 | 14.17 | 19.46 | 14.02 |
Nuveen Municipal Creditome Fund Semi-Annual Data | ||||||||||||||||||||
Apr14 | Oct14 | Apr15 | Oct15 | Apr16 | Oct16 | Apr17 | Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | |
Shiller PE Ratio | Get a 7-Day Free Trial |
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14.17 | - | 19.46 | - | 14.02 |
For the Asset Management subindustry, Nuveen Municipal Creditome Fund'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, Nuveen Municipal Creditome Fund's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen Municipal Creditome Fund'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.
Nuveen Municipal Creditome Fund's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 11.92 | / | 0.72 | |
= | 16.56 |
* 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.
Nuveen Municipal Creditome Fund's E10 for the fiscal year that ended in Oct23 is calculated as:
For example, Nuveen Municipal Creditome Fund's adjusted earnings per share data for the fiscal year that ended in Oct23 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Oct23 (Change) | * | Current CPI (Oct23) |
= | 0.25 | / | 129.8097 | * | 129.8097 | |
= | 0.250 |
Current CPI (Oct23) = 129.8097.
Nuveen Municipal Creditome Fund Annual Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201410 | 2.190 | 100.176 | 2.838 |
201510 | 0.700 | 100.346 | 0.906 |
201610 | 1.460 | 101.988 | 1.858 |
201710 | 0.580 | 104.070 | 0.723 |
201810 | -0.130 | 106.695 | -0.158 |
201910 | 2.350 | 108.577 | 2.810 |
202010 | 0.090 | 109.861 | 0.106 |
202110 | 1.810 | 116.696 | 2.013 |
202210 | -4.010 | 125.734 | -4.140 |
202310 | 0.250 | 129.810 | 0.250 |
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.
Nuveen Municipal Creditome Fund (NYSE:NZF) 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 Nuveen Municipal Creditome Fund's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Terence J Toth | other: Trustee | |
Young L Robert | other: Trustee | 1111 POLARIS PARKWAY, COLUMBUS OH 43240 |
Kristen Dejong | other: Portfolio Manager | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
David J Lamb | officer: Vice President | 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606 |
Trey Iii Stenersen | officer: Vice President | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
Brett Black | officer: Chief Compliance Officer | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
John M. Mccann | officer: Vice President | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
Gifford R Zimmerman | officer: Secretary | 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606 |
Joanne Medero | other: Trustee | 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606 |
Lancellotta Amy B.r. | other: Trustee | 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606 |
Matthew Iii Thornton | other: Trustee | 3610 HACKS CROSS ROAD, MEMPHIS TN 38125 |
Deann Morgan | officer: Vice President | TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281 |
Jon Scott Meissner | officer: Vice President | 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606 |
Jacques M Longerstaey | officer: Vice President | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
Brian J Lockhart | officer: Vice President | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
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