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ArrowMark Financial (ArrowMark Financial) Shiller PE Ratio : 10.49 (As of Apr. 30, 2024)


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What is ArrowMark Financial Shiller PE Ratio?

As of today (2024-04-30), ArrowMark Financial's current share price is $18.35. ArrowMark Financial's E10 for the fiscal year that ended in Dec23 was $1.75. ArrowMark Financial's Shiller PE Ratio for today is 10.49.

The historical rank and industry rank for ArrowMark Financial's Shiller PE Ratio or its related term are showing as below:

BANX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.3   Med: 11.44   Max: 12.04
Current: 10.49

During the past 11 years, ArrowMark Financial's highest Shiller PE Ratio was 12.04. The lowest was 9.30. And the median was 11.44.

BANX's Shiller PE Ratio is ranked better than
66.27% of 762 companies
in the Asset Management industry
Industry Median: 12.79 vs BANX: 10.49

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.

ArrowMark Financial's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $2.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.75 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ArrowMark Financial Shiller PE Ratio Historical Data

The historical data trend for ArrowMark Financial'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.

ArrowMark Financial Shiller PE Ratio Chart

ArrowMark Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.78 10.35

ArrowMark Financial Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
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 - - 10.78 - 10.35

Competitive Comparison of ArrowMark Financial's Shiller PE Ratio

For the Asset Management subindustry, ArrowMark Financial'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.


ArrowMark Financial's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where ArrowMark Financial's Shiller PE Ratio falls into.



ArrowMark Financial 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.

ArrowMark Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.35/1.75
=10.49

* 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.

ArrowMark Financial's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, ArrowMark Financial's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.84/129.4194*129.4194
=2.840

Current CPI (Dec23) = 129.4194.

ArrowMark Financial Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.790 99.070 1.032
201512 1.270 99.792 1.647
201612 1.060 101.863 1.347
201712 1.840 104.011 2.289
201812 1.530 105.998 1.868
201912 1.920 108.420 2.292
202012 1.180 109.897 1.390
202112 1.880 117.630 2.068
202212 0.750 125.222 0.775
202312 2.840 129.419 2.840

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.


ArrowMark Financial  (NAS:BANX) 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.


ArrowMark Financial Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial (ArrowMark Financial) Business Description

Traded in Other Exchanges
N/A
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investment in various portfolios such as debt securities, trust preferred securities, preferred shares of credit securitization, preferred securities, convertible preferred stock, exchange-traded fund, limited partnership interest, and money market fund.
Executives
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Dana Staggs officer: President C/O ARROWMARK FINANCIAL CORP., 340 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10173
Guy M Arnold director 518 17TH STREET, STE 1700, DENVER CO 80202
Patrick Joseph Farrell officer: Chief Financial Officer 152 WEST 57TH STREET, NEW YORK NY 10019
Sanjai Bhonsle director, officer: CEO C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Richard Allen Grove officer: Chief Compliance Officer 518 17TH STREET, 17TH FLOOR, DENVER CO 80202
Michael Stolper director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Karen Reidy director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Praag Michael Van director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
S David Lentinello officer: Controller 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Joshua S. Siegel director, 10 percent owner, officer: Chief Executive Officer 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Clara Miller director STONECASTLE FINANCIAL CORP, 152 WEST 57TH STREET, 35TH FL., NEW YORK NY 10019
George Shilowitz director, 10 percent owner, officer: President 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Emil Henry director HENRY, TIGER LLC, 717 5TH AVE, FLOOR 12-A, NEW YORK NY 10022
Rachel Schatten officer: See Remarks 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019