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As of today (2024-04-27), Ready Capital's current share price is $8.85. Ready Capital's E10 for the quarter that ended in Dec. 2023 was $1.94. Ready Capital's Shiller PE Ratio for today is 4.56.
The historical rank and industry rank for Ready Capital's Shiller PE Ratio or its related term are showing as below:
During the past years, Ready Capital's highest Shiller PE Ratio was 9.40. The lowest was 4.29. And the median was 6.35.
RC's Shiller PE Ratio is ranked better thanE10 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.
Ready Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.94 for the trailing ten years ended in Dec. 2023.
The historical data trend for Ready 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.
Ready Capital Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 6.32 | 5.71 | 5.41 | 4.89 | 5.29 |
For the REIT - Mortgage subindustry, Ready 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 REITs industry and Real Estate sector, Ready Capital's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Ready 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.
Ready Capital's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 8.85 | / | 1.94 | |
= | 4.56 |
* 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.
Ready Capital's E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Ready 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) |
= | 0.04 | / | 129.4194 | * | 129.4194 | |
= | 0.040 |
Current CPI (Dec. 2023) = 129.4194.
Ready Capital Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201403 | 0.280 | 99.695 | 0.363 |
201406 | 2.470 | 100.560 | 3.179 |
201409 | 0.140 | 100.428 | 0.180 |
201412 | 0.020 | 99.070 | 0.026 |
201503 | 0.050 | 99.621 | 0.065 |
201506 | 0.650 | 100.684 | 0.836 |
201509 | -0.760 | 100.392 | -0.980 |
201512 | -0.210 | 99.792 | -0.272 |
201603 | 0.330 | 100.470 | 0.425 |
201606 | 0.310 | 101.688 | 0.395 |
201609 | 0.340 | 101.861 | 0.432 |
201612 | 0.830 | 101.863 | 1.055 |
201703 | 0.290 | 102.862 | 0.365 |
201706 | 0.340 | 103.349 | 0.426 |
201709 | 0.370 | 104.136 | 0.460 |
201712 | 0.380 | 104.011 | 0.473 |
201803 | 0.560 | 105.290 | 0.688 |
201806 | 0.480 | 106.317 | 0.584 |
201809 | 0.530 | 106.507 | 0.644 |
201812 | 0.300 | 105.998 | 0.366 |
201903 | 0.900 | 107.251 | 1.086 |
201906 | 0.250 | 108.070 | 0.299 |
201909 | 0.270 | 108.329 | 0.323 |
201912 | 0.430 | 108.420 | 0.513 |
202003 | -0.980 | 108.902 | -1.165 |
202006 | 0.620 | 108.767 | 0.738 |
202009 | 0.630 | 109.815 | 0.742 |
202012 | 0.490 | 109.897 | 0.577 |
202103 | 0.490 | 111.754 | 0.567 |
202106 | 0.380 | 114.631 | 0.429 |
202109 | 0.600 | 115.734 | 0.671 |
202112 | 0.680 | 117.630 | 0.748 |
202203 | 0.660 | 121.301 | 0.704 |
202206 | 0.450 | 125.017 | 0.466 |
202209 | 0.500 | 125.227 | 0.517 |
202212 | 0.080 | 125.222 | 0.083 |
202303 | 0.290 | 127.348 | 0.295 |
202306 | 1.760 | 128.729 | 1.769 |
202309 | 0.250 | 129.860 | 0.249 |
202312 | 0.040 | 129.419 | 0.040 |
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.
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.
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 Ready Capital's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas E Capasse | director, officer: Chairman of the Board and CEO | SUTHERLAND ASSET MANAGEMENT CORPORATION, 1185 AVENUE OF THE AMERICAS, 18TH FLOOR, NEW YORK NY 10036 |
Pinkie Dent Mayfield | director | 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101 |
Daniel J. Hirsch | director | 748 DIAMOND STREET, SAN FRANCISCO CA 94114 |
Kevin M Luebbers | director | 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120 |
Gilbert E Nathan | director | C/O EMERGENT CAPITAL, INC., 5355 TOWN CENTER ROAD, SUITE 701, BOCA RATON FL 33486 |
Dominique Mielle | director | C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401 |
Meredith Marshall | director | 50 RIVERSIDE BLVD, APT 14C, NEW YORK NY 10069 |
Andrew Ahlborn | officer: Chief Financial Officer | C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036 |
Erving Julius W Ii | director | DR J ENTERPRISES LLC, 3355 LENOX ROAD NE SUITE 750, ATLANTA GA 30326 |
Andrea Petro | director | C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020 |
Adam Zausmer | officer: Chief Credit Officer | C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK NY 10020 |
Gary Taylor | officer: Chief Operating Officer | C/O READY CAPITAL CORPORATION, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036 |
J Mitchell Reese | director | 210 MONTEREY DR. S., VERO BEACH FL 32963 |
Todd M. Sinai | director | C/O SUTHERLAND ASSET MANAGEMENT CORP, 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036 |
Thomas Buttacavoli | officer: Chief Investment Officer | C/O SUTHERLAND ASSET MANAGEMENT CORP., 1140 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10036 |
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