GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Square Capital Corp (STU:22T) » Definitions » E10

Oxford Square Capital (STU:22T) E10 : €0.06 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Oxford Square 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.

Oxford Square Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oxford Square Capital's average E10 Growth Rate was -61.10% per year. During the past 3 years, the average E10 Growth Rate was -38.50% 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 Oxford Square Capital was 24.60% per year. The lowest was -38.50% per year. And the median was -12.60% per year.

As of today (2024-06-04), Oxford Square Capital's current stock price is €2.815. Oxford Square Capital's E10 for the quarter that ended in Mar. 2024 was €0.06. Oxford Square Capital's Shiller PE Ratio of today is 46.92.

During the past 13 years, the highest Shiller PE Ratio of Oxford Square Capital was 46.00. The lowest was 0.02. And the median was 10.06.


Oxford Square Capital E10 Historical Data

The historical data trend for Oxford Square 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.

Oxford Square Capital E10 Chart

Oxford Square 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 0.61 0.34 - 0.20 0.09

Oxford Square Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.17 0.14 0.09 0.06

Competitive Comparison of Oxford Square Capital's E10

For the Asset Management subindustry, Oxford Square 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.


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

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

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



Oxford Square 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, Oxford Square Capital's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.028/131.7762*131.7762
=-0.028

Current CPI (Mar. 2024) = 131.7762.

Oxford Square Capital Quarterly Data

per share eps CPI Adj_EPS
201406 0.155 100.560 0.203
201409 -0.016 100.428 -0.021
201412 -0.397 99.070 -0.528
201503 0.296 99.621 0.392
201506 0.151 100.684 0.198
201509 -0.445 100.392 -0.584
201512 -1.037 99.792 -1.369
201603 -0.287 100.470 -0.376
201606 0.721 101.688 0.934
201609 0.642 101.861 0.831
201612 0.588 101.863 0.761
201703 0.215 102.862 0.275
201706 0.160 103.349 0.204
201709 0.101 104.136 0.128
201712 0.253 104.011 0.321
201803 0.178 105.290 0.223
201806 0.118 106.317 0.146
201809 0.111 106.507 0.137
201812 -0.607 105.998 -0.755
201903 0.239 107.251 0.294
201906 -0.140 108.070 -0.171
201909 -0.627 108.329 -0.763
201912 -0.090 108.420 -0.109
202003 -1.466 108.902 -1.774
202006 0.364 108.767 0.441
202009 0.357 109.815 0.428
202012 0.666 109.897 0.799
202103 0.370 111.754 0.436
202106 0.158 114.631 0.182
202109 0.196 115.734 0.223
202112 0.000 117.630 0.000
202203 -0.145 121.301 -0.158
202206 -0.085 125.017 -0.090
202209 -0.222 125.227 -0.234
202212 -0.434 125.222 -0.457
202303 0.121 127.348 0.125
202306 0.120 128.729 0.123
202309 0.112 129.860 0.114
202312 -0.138 129.419 -0.141
202403 -0.028 131.776 -0.028

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


Oxford Square Capital  (STU:22T) 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.

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

Shiller PE Ratio=Share Price/E10
=2.815/0.06
=46.92

* 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 Oxford Square Capital was 46.00. The lowest was 0.02. And the median was 10.06.


Be Aware

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


Oxford Square Capital E10 Related Terms

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


Oxford Square Capital (STU:22T) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Square Capital Corp is a closed-end, non-diversified management investment company with a focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. its capital is generally used by its corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital. The group invests in various industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.

Oxford Square Capital (STU:22T) Headlines

No Headlines