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GLV (Clough Global Dividend andome Fund) E10 : $0.23 (As of Oct. 2024)


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What is Clough Global Dividend andome 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.

Clough Global Dividend andome Fund's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was $1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.23 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Clough Global Dividend andome Fund's average E10 Growth Rate was -25.80% per year. During the past 3 years, the average E10 Growth Rate was -32.30% 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 Clough Global Dividend andome Fund was -26.50% per year. The lowest was -32.30% per year. And the median was -29.40% per year.

As of today (2025-03-13), Clough Global Dividend andome Fund's current stock price is $ 5.3881. Clough Global Dividend andome Fund's E10 for the fiscal year that ended in Oct. 2024 was $0.23. Clough Global Dividend andome Fund's Shiller PE Ratio of today is 23.43.

During the past 13 years, the highest Shiller PE Ratio of Clough Global Dividend andome Fund was 25.70. The lowest was 7.40. And the median was 14.28.


Clough Global Dividend andome Fund E10 Historical Data

The historical data trend for Clough Global Dividend andome 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.

Clough Global Dividend andome Fund E10 Chart

Clough Global Dividend andome Fund Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.74 0.65 0.31 0.23

Clough Global Dividend andome Fund Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.65 - 0.31 - 0.23

Competitive Comparison of Clough Global Dividend andome Fund's E10

For the Asset Management subindustry, Clough Global Dividend andome 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.


Clough Global Dividend andome Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Dividend andome Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Clough Global Dividend andome Fund's Shiller PE Ratio falls into.



Clough Global Dividend andome 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, Clough Global Dividend andome Fund's adjusted earnings per share data for the fiscal year that ended in Oct. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=1.26/133.1820*133.1820
=1.260

Current CPI (Oct. 2024) = 133.1820.

Clough Global Dividend andome Fund Annual Data

per_share_eps CPI Adj_EPS
201510 0.107 100.346 0.142
201610 -0.458 101.988 -0.598
201710 2.203 104.070 2.819
201810 -0.907 106.695 -1.132
201910 1.209 108.577 1.483
202010 -0.751 109.861 -0.910
202110 2.340 116.696 2.671
202210 -2.610 125.734 -2.765
202310 -0.690 129.810 -0.708
202410 1.260 133.182 1.260

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


Clough Global Dividend andome Fund  (AMEX:GLV) 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.

Clough Global Dividend andome Fund's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.3881/0.23
=23.43

* 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 Clough Global Dividend andome Fund was 25.70. The lowest was 7.40. And the median was 14.28.


Be Aware

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


Clough Global Dividend andome Fund E10 Related Terms

Thank you for viewing the detailed overview of Clough Global Dividend andome Fund's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Clough Global Dividend andome Fund Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, Denver, CO, USA, 80290
Clough Global Dividend and Income Fund is a closed-ended investment management company. The fund's investment objective is to provide a high level of total return. It invests in equity and debt securities in both U.S. and non-U.S. markets of companies of any market capitalization.
Executives
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Adviser 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Adam D Crescenzi director 100 WALDEN STREET, CONCORD MA 01742
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906