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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Shiller PE Ratio : (As of Jun. 22, 2024)


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What is Ellsworth Growth andome Fund Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellsworth Growth andome Fund Shiller PE Ratio Historical Data

The historical data trend for Ellsworth Growth andome Fund'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.

Ellsworth Growth andome Fund Shiller PE Ratio Chart

Ellsworth Growth andome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.13 10.60 9.12 7.59 8.33

Ellsworth Growth andome Fund 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 9.12 - 7.59 - 8.33

Competitive Comparison of Ellsworth Growth andome Fund's Shiller PE Ratio

For the Asset Management subindustry, Ellsworth Growth andome Fund'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.


Ellsworth Growth andome Fund's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Ellsworth Growth andome Fund's Shiller PE Ratio falls into.



Ellsworth Growth andome Fund 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.

Ellsworth Growth andome Fund's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Ellsworth Growth andome Fund's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0/129.8595*129.8595
=0.000

Current CPI (Sep23) = 129.8595.

Ellsworth Growth andome Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.000 100.428 0.000
201509 0.000 100.392 0.000
201609 0.000 101.861 0.000
201709 0.000 104.136 0.000
201809 0.000 106.507 0.000
201909 0.000 108.329 0.000
202009 0.000 109.815 0.000
202109 0.000 115.734 0.000
202209 0.000 125.227 0.000
202309 0.000 129.860 0.000

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.


Ellsworth Growth andome Fund  (AMEX:ECF.PRA.PFD) 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.


Ellsworth Growth andome Fund Shiller PE Ratio Related Terms

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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.

Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Headlines

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