>
Switch to:

Calamos Dynamic Convertible andome Fund PE Ratio

: 2.88 (As of Today)
View and export this data going back to . Start your Free Trial

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-01-28), Calamos Dynamic Convertible andome Fund's share price is $25.88. Calamos Dynamic Convertible andome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $8.99. Therefore, Calamos Dynamic Convertible andome Fund's PE Ratio for today is 2.88.

Good Sign:

Calamos Dynamic Convertible and Income Fund stock PE Ratio (=2.82) is close to 5-year low of 2.82


The historical rank and industry rank for Calamos Dynamic Convertible andome Fund's PE Ratio or its related term are showing as below:

NAS:CCD' s PE Ratio Range Over the Past 10 Years
Min: 2.86   Med: 6.33   Max: 40.33
Current: 2.87

2.86
40.33

During the past 5 years, the highest PE Ratio of Calamos Dynamic Convertible andome Fund was 40.33. The lowest was 2.86. And the median was 6.33.


NAS:CCD's PE Ratio is ranked higher than
84% of the 1462 Companies
in the Asset Management industry.

( Industry Median: 6.21 vs. NAS:CCD: 2.87 )

Calamos Dynamic Convertible andome Fund's Earnings per Share (Diluted) for the six months ended in Oct. 2021 was $1.54. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $8.99.

As of today (2022-01-28), Calamos Dynamic Convertible andome Fund's share price is $25.88. Calamos Dynamic Convertible andome Fund's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $8.99. Therefore, Calamos Dynamic Convertible andome Fund's PE Ratio without NRI for today is 2.88.

During the past 5 years, Calamos Dynamic Convertible andome Fund's highest PE Ratio without NRI was 40.33. The lowest was 2.86. And the median was 6.33.

Calamos Dynamic Convertible andome Fund's EPS without NRI for the six months ended in Oct. 2021 was $1.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $8.99.

During the past 12 months, Calamos Dynamic Convertible andome Fund's average EPS without NRI Growth Rate was 27.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was 158.60% per year.

During the past 5 years, Calamos Dynamic Convertible andome Fund's highest 3-Year average EPS without NRI Growth Rate was 158.60% per year. The lowest was 26.80% per year. And the median was 92.70% per year.

Calamos Dynamic Convertible andome Fund's EPS (Basic) for the six months ended in Oct. 2021 was $1.54. Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2021 was $8.99.


Calamos Dynamic Convertible andome Fund PE Ratio Historical Data

The historical data trend for Calamos Dynamic Convertible andome Fund's PE Ratio 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.

Calamos Dynamic Convertible andome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
PE Ratio
5.90 36.44 8.68 3.16 3.62

Calamos Dynamic Convertible andome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.68 N/A 3.16 N/A 3.62

Competitive Comparison

For the Asset Management subindustry, Calamos Dynamic Convertible andome Fund's PE Ratio, along with its competitors' market caps and 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.

   

Calamos Dynamic Convertible andome Fund PE Ratio Distribution

For the Asset Management industry and Financial Services sector, Calamos Dynamic Convertible andome Fund's PE Ratio distribution charts can be found below:

* The bar in red indicates where Calamos Dynamic Convertible andome Fund's PE Ratio falls into.



Calamos Dynamic Convertible andome Fund PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Calamos Dynamic Convertible andome Fund's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=25.88/8.985
=2.88

Calamos Dynamic Convertible andome Fund's Share Price of today is $25.88.
For company reported semi-annually, Calamos Dynamic Convertible andome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $8.99.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Calamos Dynamic Convertible andome Fund  (NAS:CCD) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Calamos Dynamic Convertible andome Fund PE Ratio Related Terms

Thank you for viewing the detailed overview of Calamos Dynamic Convertible andome Fund's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Calamos Dynamic Convertible andome Fund Business Description

Calamos Dynamic Convertible andome Fund logo
Industry
Financial Services » Asset Management NAICS : 523110 SIC : 6733
Traded in Other Exchanges
N/A
Address
2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Dynamic Convertible and Income Fund operate as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.
Executives
Atkins Stephen officer: Treasurer 2020 CALAMOS COURT NAPERVILLE IL 60563
Tripple David D director 2020 CALAMOS COURT NAPERVILLE IL 60563
Toub Christopher M director 2020 CALAMOS COURT NAPERVILLE IL 60563
Stuckey Karen director 2020 CALAMOS COURT NAPERVILLE IL 60563
Vanisko Dave officer: Treasurer 2020 CALAMOS COURT NAPERVILLE IL 60563
Calamos Advisors Llc other: Investment Adviser 2020 CALAMOS COURT NAPERVILLE IL 60563
Calamos John P Sr director, officer: President and Chairman 2020 CALAMOS COURT NAPERVILLE IL 60563
Calamos Family Partners, Inc. other: Ultimate Parent of Inv Adviser 2020 CALAMOS COURT NAPERVILLE IL 60563
Wennlund Lloyd director 2020 CALAMOS COURT NAPERVILLE IL 60563
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET SPRINGFIELD MA 01111
Koudounis John S. officer: Vice President 2020 CALAMOS COURT NAPERVILLE IL 60563
Herman Thomas E officer: VP and CFO 2020 CALAMOS COURT NAPERVILLE IL 60563
Hamacher Theresa director 2020 CALAMOS COURT NAPERVILLE IL 60563
Breen Virginia G director C/O CMGI. INC. 1100 WINTER STREET WALTHAM MA 02451
Behan Robert officer: Vice President 2020 CALAMOS COURT NAPERVILLE IL 60563

Calamos Dynamic Convertible andome Fund Headlines

From GuruFocus

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)