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SuRo Capital (SuRo Capital) E10 : $0.40 (As of Dec. 2023)


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What is SuRo Capital 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.

SuRo Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SuRo Capital's average E10 Growth Rate was -29.80% 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.

As of today (2024-04-28), SuRo Capital's current stock price is $3.82. SuRo Capital's E10 for the quarter that ended in Dec. 2023 was $0.40. SuRo Capital's Shiller PE Ratio of today is 9.55.

During the past 13 years, the highest Shiller PE Ratio of SuRo Capital was 28.22. The lowest was 5.02. And the median was 9.13.


SuRo Capital E10 Historical Data

The historical data trend for SuRo Capital'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.

SuRo Capital E10 Chart

SuRo Capital 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 - -129.06 0.82 0.57 0.40

SuRo Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.57 0.64 0.57 0.63 0.40

Competitive Comparison of SuRo Capital's E10

For the Asset Management subindustry, SuRo 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.


SuRo Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SuRo Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SuRo Capital's Shiller PE Ratio falls into.



SuRo Capital 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, SuRo 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)
=-0.34/129.4194*129.4194
=-0.340

Current CPI (Dec. 2023) = 129.4194.

SuRo Capital Quarterly Data

per share eps CPI Adj_EPS
201403 0.004 99.695 0.005
201406 -0.050 100.560 -0.064
201409 0.300 100.428 0.387
201412 -0.380 99.070 -0.496
201503 0.730 99.621 0.948
201506 0.060 100.684 0.077
201509 0.420 100.392 0.541
201512 -0.930 99.792 -1.206
201603 -1.120 100.470 -1.443
201606 -0.740 101.688 -0.942
201609 -0.100 101.861 -0.127
201612 -1.420 101.863 -1.804
201703 0.170 102.862 0.214
201706 0.260 103.349 0.326
201709 0.400 104.136 0.497
201712 -0.117 104.011 -0.146
201803 0.300 105.290 0.369
201806 0.350 106.317 0.426
201809 0.020 106.507 0.024
201812 -0.771 105.998 -0.941
201903 0.750 107.251 0.905
201906 -0.030 108.070 -0.036
201909 0.250 108.329 0.299
201912 0.130 108.420 0.155
202003 -1.360 108.902 -1.616
202006 1.100 108.767 1.309
202009 0.760 109.815 0.896
202012 2.810 109.897 3.309
202103 4.500 111.754 5.211
202106 1.320 114.631 1.490
202109 0.550 115.734 0.615
202112 -0.700 117.630 -0.770
202203 0.660 121.301 0.704
202206 -3.080 125.017 -3.188
202209 -1.540 125.227 -1.592
202212 -0.480 125.222 -0.496
202303 0.160 127.348 0.163
202306 -0.600 128.729 -0.603
202309 0.990 129.860 0.987
202312 -0.340 129.419 -0.340

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


SuRo Capital  (NAS:SSSS) 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.

SuRo Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.82/0.4
=9.55

* 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 SuRo Capital was 28.22. The lowest was 5.02. And the median was 9.13.


Be Aware

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


SuRo Capital E10 Related Terms

Thank you for viewing the detailed overview of SuRo Capital's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


SuRo Capital (SuRo Capital) Business Description

Traded in Other Exchanges
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
SuRo Capital Corp is a non-diversified closed-end management investment company. The company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments.
Executives
Mark D Klein director, officer: CEO and President 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Allison Green officer: See Remarks C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Ronald M. Lott director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Robert S. Birch 10 percent owner 765 PARK AVENUE, APT. 10A, NEW YORK NY 10021
Lisa Westley director C/O GSV CAPITAL CORP., ONE SANSOME STREET, SUITE 730, SAN FRANCISCO CA 94104
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael T. Moe director, officer: President and CEO C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
David S Pottruck director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Brian Taylor 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Capital Management L.p. 10 percent owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Master Fund Ltd. 10 percent owner C/O PINE RIVER CAPITAL MANAGEMENT L.P., 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Mark W. Flynn director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bradford C. Koenig director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
William F. Tanona officer: CFO, Treasurer & Secretary 580 EL CERRITO AVENUE, HILLSBOROUGH CA 94010