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abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Price-to-Owner-Earnings

: (As of Today)
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As of today (2024-04-23), abrdnome Credit Strategies Fund's share price is $6.58. abrdnome Credit Strategies Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for abrdnome Credit Strategies Fund's Price-to-Owner-Earnings or its related term are showing as below:


ACP's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 10.895
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-23), abrdnome Credit Strategies Fund's share price is $6.58. abrdnome Credit Strategies Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $1.02. Therefore, abrdnome Credit Strategies Fund's PE Ratio for today is 6.47.

As of today (2024-04-23), abrdnome Credit Strategies Fund's share price is $6.58. abrdnome Credit Strategies Fund's EPS without NRI for the trailing twelve months (TTM) ended in was $1.02. Therefore, abrdnome Credit Strategies Fund's PE Ratio without NRI for today is 6.47.

During the past 7 years, abrdnome Credit Strategies Fund's highest PE Ratio without NRI was 48.19. The lowest was 2.95. And the median was 6.75.


abrdnome Credit Strategies Fund Price-to-Owner-Earnings Historical Data

The historical data trend for abrdnome Credit Strategies Fund's Price-to-Owner-Earnings 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.

abrdnome Credit Strategies Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Owner-Earnings
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abrdnome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Asset Management subindustry, abrdnome Credit Strategies Fund's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


abrdnome Credit Strategies Fund Price-to-Owner-Earnings Distribution

For the Asset Management industry and Financial Services sector, abrdnome Credit Strategies Fund's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where abrdnome Credit Strategies Fund's Price-to-Owner-Earnings falls into.



abrdnome Credit Strategies Fund Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

abrdnome Credit Strategies Fund's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=6.58/0.00
=

* 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.


abrdnome Credit Strategies Fund  (NYSE:ACP) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


abrdnome Credit Strategies Fund Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of abrdnome Credit Strategies Fund's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.
Executives
Peter Branner other: Other - Director of Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Matthew J. Kence officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022