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PFO (Flaherty & Crumrine Prfdome Oppo) E10 : $0.00 (As of May. 2024)


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What is Flaherty & Crumrine Prfdome Oppo 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.

Flaherty & Crumrine Prfdome Oppo's adjusted earnings per share data for the fiscal year that ended in Nov. 2023 was $0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Nov. 2023.

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.

As of today (2024-12-14), Flaherty & Crumrine Prfdome Oppo's current stock price is $ 9.18. Flaherty & Crumrine Prfdome Oppo's E10 for the fiscal year that ended in Nov. 2023 was $0.00. Flaherty & Crumrine Prfdome Oppo's Shiller PE Ratio of today is .


Flaherty & Crumrine Prfdome Oppo E10 Historical Data

The historical data trend for Flaherty & Crumrine Prfdome Oppo'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.

Flaherty & Crumrine Prfdome Oppo E10 Chart

Flaherty & Crumrine Prfdome Oppo Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
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Flaherty & Crumrine Prfdome Oppo Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - - -

Competitive Comparison of Flaherty & Crumrine Prfdome Oppo's E10

For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo'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.


Flaherty & Crumrine Prfdome Oppo's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prfdome Oppo's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prfdome Oppo's Shiller PE Ratio falls into.



Flaherty & Crumrine Prfdome Oppo 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, Flaherty & Crumrine Prfdome Oppo's adjusted earnings per share data for the fiscal year that ended in Nov. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.12/129.5481*129.5481
=0.120

Current CPI (Nov. 2023) = 129.5481.

Flaherty & Crumrine Prfdome Oppo does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate it.


Flaherty & Crumrine Prfdome Oppo  (NYSE:PFO) 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.


Be Aware

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


Flaherty & Crumrine Prfdome Oppo E10 Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Prfdome Oppo's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Prfdome Oppo Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Executives
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Banc Of America Securities Llc 10 percent owner 100 N TRYON ST., 25TH FLOOR, CHARLOTTE NC 28255
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: Vice President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chf Acct Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

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