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Credit Suisse Asset Mgmtome Fund (Credit Suisse Asset Mgmtome Fund) E10 : $0.21 (As of Dec. 2023)


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What is Credit Suisse Asset Mgmtome Fund E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Credit Suisse Asset Mgmtome Fund's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $0.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Credit Suisse Asset Mgmtome Fund's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was -8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Credit Suisse Asset Mgmtome Fund was -8.00% per year. The lowest was -12.60% per year. And the median was -10.30% per year.

As of today (2024-04-27), Credit Suisse Asset Mgmtome Fund's current stock price is $ 2.885. Credit Suisse Asset Mgmtome Fund's E10 for the fiscal year that ended in Dec. 2023 was $0.21. Credit Suisse Asset Mgmtome Fund's Shiller PE Ratio of today is 13.74.

During the past 13 years, the highest Shiller PE Ratio of Credit Suisse Asset Mgmtome Fund was 15.65. The lowest was 7.30. And the median was 12.19.


Credit Suisse Asset Mgmtome Fund E10 Historical Data

The historical data trend for Credit Suisse Asset Mgmtome Fund's E10 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.

Credit Suisse Asset Mgmtome Fund E10 Chart

Credit Suisse Asset Mgmtome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.27 0.29 0.20 0.21

Credit Suisse Asset Mgmtome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
E10 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 0.29 - 0.20 - 0.21

Competitive Comparison of Credit Suisse Asset Mgmtome Fund's E10

For the Asset Management subindustry, Credit Suisse Asset Mgmtome 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.


Credit Suisse Asset Mgmtome Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Credit Suisse Asset Mgmtome Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Credit Suisse Asset Mgmtome Fund's Shiller PE Ratio falls into.



Credit Suisse Asset Mgmtome Fund E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Credit Suisse Asset Mgmtome Fund's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.5/129.4194*129.4194
=0.500

Current CPI (Dec. 2023) = 129.4194.

Credit Suisse Asset Mgmtome Fund Annual Data

per_share_eps CPI Adj_EPS
201412 0.060 99.070 0.078
201512 -0.150 99.792 -0.195
201612 0.530 101.863 0.673
201712 0.360 104.011 0.448
201812 -0.100 105.998 -0.122
201912 0.540 108.420 0.645
202012 0.210 109.897 0.247
202112 0.280 117.630 0.308
202212 -0.430 125.222 -0.444
202312 0.500 129.419 0.500

Add all the adjusted EPS together and divide 10 will get our e10.


Credit Suisse Asset Mgmtome Fund  (AMEX:CIK) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Credit Suisse Asset Mgmtome Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.885/0.21
=13.74

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Credit Suisse Asset Mgmtome Fund was 15.65. The lowest was 7.30. And the median was 12.19.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Credit Suisse Asset Mgmtome Fund E10 Related Terms

Thank you for viewing the detailed overview of Credit Suisse Asset Mgmtome Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Suisse Asset Mgmtome Fund (Credit Suisse Asset Mgmtome Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eleven Madison Avenue, New York, NY, USA, 10010
Credit Suisse Asset Mgmt Income Fund Inc is a closed-end management investment company. The investment objective of the fund is to provide current income consistent with the preservation of capital. Credit Suisse serves as an investment adviser for the fund. Asset Management offers a wide range of investment products and functions across asset classes and investment styles. The division manages global and regional portfolios, mutual funds, and other investment vehicles for governments, institutions, corporations, and individuals.
Executives
Laura A Defelice director ONE MADISON AVENUE, NEW YORK NY 10010
Brandi Sinkovich officer: Chief Compliance Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Samantha Kappagoda director C/O CREDIT SUISSE ASSET MANAGEMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK NY 10010
Rachael Inez Hoffman officer: Chief Compliance Officer 11 MADISON AVENUE, NEW YORK NY 10010
Antonio Muinos officer: Chief Compliance Officer ELEVEN MADISON AVENUE, 9TH AVENUE, NEW YORK NY 10010
Jason Patrick Gossett officer: Chief Compliance Officer RALEIGH LT BUILDING, MORRISVILLE NC 27560
Thomas J. Flannery officer: Chief Investment Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Omar Tariq officer: CFO & Treasurer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Csam Americas Holding Corp. other: Affiliate of InvestmentAdviser ONE MADISON AVENUE, NEW YORK NY 10010
Jeffrey E Garten director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Mahendra R Gupta director WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Terry Fires Bovarnick director C/O CREDIT SUISSE ASSET MANAGMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK CITY NY 10010
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

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