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Delaware Investments Natl Muniome (Delaware Investments Natl Muniome) Shiller PE Ratio : 22.89 (As of May. 22, 2024)


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What is Delaware Investments Natl Muniome Shiller PE Ratio?

As of today (2024-05-22), Delaware Investments Natl Muniome's current share price is $10.30. Delaware Investments Natl Muniome's E10 for the fiscal year that ended in Mar23 was $0.45. Delaware Investments Natl Muniome's Shiller PE Ratio for today is 22.89.

The historical rank and industry rank for Delaware Investments Natl Muniome's Shiller PE Ratio or its related term are showing as below:

VFL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.3   Med: 16.35   Max: 23.78
Current: 22.89

During the past 13 years, Delaware Investments Natl Muniome's highest Shiller PE Ratio was 23.78. The lowest was 13.30. And the median was 16.35.

VFL's Shiller PE Ratio is ranked worse than
80.61% of 758 companies
in the Asset Management industry
Industry Median: 12.97 vs VFL: 22.89

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Delaware Investments Natl Muniome's adjusted earnings per share data of for the fiscal year that ended in Mar23 was $-1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.45 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delaware Investments Natl Muniome Shiller PE Ratio Historical Data

The historical data trend for Delaware Investments Natl Muniome's Shiller 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.

Delaware Investments Natl Muniome Shiller PE Ratio Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 16.23 14.04 17.11 23.97

Delaware Investments Natl Muniome Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Shiller PE Ratio 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 - 17.11 - 23.97 -

Competitive Comparison of Delaware Investments Natl Muniome's Shiller PE Ratio

For the Asset Management subindustry, Delaware Investments Natl Muniome'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.


Delaware Investments Natl Muniome's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Delaware Investments Natl Muniome's Shiller PE Ratio falls into.



Delaware Investments Natl Muniome Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Delaware Investments Natl Muniome's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.30/0.45
=22.89

* 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.

Delaware Investments Natl Muniome's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Delaware Investments Natl Muniome's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-1.26/127.3478*127.3478
=-1.260

Current CPI (Mar23) = 127.3478.

Delaware Investments Natl Muniome Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.470 99.695 -0.600
201503 1.930 99.621 2.467
201603 0.810 100.470 1.027
201703 -0.030 102.862 -0.037
201803 0.630 105.290 0.762
201903 0.700 107.251 0.831
202003 -0.030 108.902 -0.035
202103 1.700 111.754 1.937
202203 -0.610 121.301 -0.640
202303 -1.260 127.348 -1.260

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


Delaware Investments Natl Muniome  (AMEX:VFL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Delaware Investments Natl Muniome Shiller PE Ratio Related Terms

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Delaware Investments Natl Muniome (Delaware Investments Natl Muniome) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund seeks to provide current income exempt from regular federal income tax consistent with the preservation of capital. The company's product portfolio includes Mutual funds, Exchange-traded funds, Private markets, Delaware Funds by Macquarie Premier Models, Managed accounts, Closed-end funds, and Variable Insurance Products.
Executives
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Todd Reit director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Jonathan Mondillo officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Jaclyn Marie Matsick 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 Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA 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
Aberdeen Standard Investments Inc. other: Adviser 1900 MARKET ST., 2ND FLOOR, PHILADELPHIA PA 19103
Nancy Yao Maasbach director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103