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Ellington Credit Co (STU:73Z) E10 : €0.49 (As of Mar. 2024)


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What is Ellington Credit Co 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.

Ellington Credit Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.184. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ellington Credit Co's average E10 Growth Rate was 29.30% 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.

As of today (2024-05-20), Ellington Credit Co's current stock price is €6.50. Ellington Credit Co's E10 for the quarter that ended in Mar. 2024 was €0.49. Ellington Credit Co's Shiller PE Ratio of today is 13.27.

During the past 12 years, the highest Shiller PE Ratio of Ellington Credit Co was 23.84. The lowest was 9.86. And the median was 13.35.


Ellington Credit Co E10 Historical Data

The historical data trend for Ellington Credit Co'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.

Ellington Credit Co E10 Chart

Ellington Credit Co 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 - - - - 0.49

Ellington Credit Co 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 - 0.58 0.43 0.49 0.49

Competitive Comparison of Ellington Credit Co's E10

For the Asset Management subindustry, Ellington Credit Co'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.


Ellington Credit Co's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Ellington Credit Co's Shiller PE Ratio falls into.



Ellington Credit Co 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, Ellington Credit Co'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)
=0.184/131.7762*131.7762
=0.184

Current CPI (Mar. 2024) = 131.7762.

Ellington Credit Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.891 100.560 1.168
201409 0.303 100.428 0.398
201412 -0.105 99.070 -0.140
201503 0.370 99.621 0.489
201506 0.018 100.684 0.024
201509 -0.472 100.392 -0.620
201512 0.101 99.792 0.133
201603 -0.027 100.470 -0.035
201606 0.338 101.688 0.438
201609 0.650 101.861 0.841
201612 0.209 101.863 0.270
201703 0.206 102.862 0.264
201706 0.134 103.349 0.171
201709 0.403 104.136 0.510
201712 0.051 104.011 0.065
201803 -0.243 105.290 -0.304
201806 0.120 106.317 0.149
201809 0.060 106.507 0.074
201812 -0.703 105.998 -0.874
201903 0.637 107.251 0.783
201906 -0.009 108.070 -0.011
201909 0.272 108.329 0.331
201912 0.702 108.420 0.853
202003 -1.222 108.902 -1.479
202006 1.536 108.767 1.861
202009 0.560 109.815 0.672
202012 0.493 109.897 0.591
202103 0.008 111.754 0.009
202106 -0.299 114.631 -0.344
202109 0.060 115.734 0.068
202112 -0.186 117.630 -0.208
202203 -1.208 121.301 -1.312
202206 -0.776 125.017 -0.818
202209 -1.050 125.227 -1.105
202212 0.831 125.222 0.874
202303 0.159 127.348 0.165
202306 0.083 128.729 0.085
202309 -0.703 129.860 -0.713
202312 0.688 129.419 0.701
202403 0.184 131.776 0.184

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


Ellington Credit Co  (STU:73Z) 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.

Ellington Credit Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.50/0.49
=13.27

* 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 12 years, the highest Shiller P/E Ratio of Ellington Credit Co was 23.84. The lowest was 9.86. And the median was 13.35.


Be Aware

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


Ellington Credit Co E10 Related Terms

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


Ellington Credit Co (STU:73Z) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.

Ellington Credit Co (STU:73Z) Headlines

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