GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ellington Financial Inc (FRA:1EL) » Definitions » Shiller PE Ratio

Ellington Financial (FRA:1EL) Shiller PE Ratio : 11.62 (As of Sep. 26, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Ellington Financial Shiller PE Ratio?

As of today (2024-09-26), Ellington Financial's current share price is €11.50. Ellington Financial's E10 for the quarter that ended in Jun. 2024 was €0.99. Ellington Financial's Shiller PE Ratio for today is 11.62.

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

FRA:1EL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.18   Med: 8.14   Max: 12.39
Current: 12.03

During the past years, Ellington Financial's highest Shiller PE Ratio was 12.39. The lowest was 2.18. And the median was 8.14.

FRA:1EL's Shiller PE Ratio is ranked better than
51.56% of 450 companies
in the REITs industry
Industry Median: 12.435 vs FRA:1EL: 12.03

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.

Ellington Financial's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.576. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.99 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellington Financial Shiller PE Ratio Historical Data

The historical data trend for Ellington 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.

Ellington Financial Shiller PE Ratio Chart

Ellington 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 8.48 7.99 7.83 8.29 10.79

Ellington Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.79 10.05 10.79 10.59 11.22

Competitive Comparison of Ellington Financial's Shiller PE Ratio

For the REIT - Mortgage subindustry, Ellington 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.


Ellington Financial's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ellington Financial's Shiller PE Ratio distribution charts can be found below:

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



Ellington 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.

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

Shiller PE Ratio=Share Price/ E10
=11.50/0.99
=11.62

* 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.

Ellington Financial's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Ellington Financial's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.576/132.5538*132.5538
=0.576

Current CPI (Jun. 2024) = 132.5538.

Ellington Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.357 100.428 0.471
201412 0.065 99.070 0.087
201503 0.527 99.621 0.701
201506 0.347 100.684 0.457
201509 0.107 100.392 0.141
201512 0.046 99.792 0.061
201603 -0.620 100.470 -0.818
201606 0.134 101.688 0.175
201609 0.018 101.861 0.023
201612 0.047 101.863 0.061
201703 0.439 102.862 0.566
201706 0.142 103.349 0.182
201709 0.159 104.136 0.202
201712 0.194 104.011 0.247
201803 0.543 105.290 0.684
201806 0.591 106.317 0.737
201809 0.189 106.507 0.235
201812 -0.062 105.998 -0.078
201903 0.460 107.251 0.569
201906 0.381 108.070 0.467
201909 0.481 108.329 0.589
201912 0.279 108.420 0.341
202003 -2.751 108.902 -3.348
202006 0.755 108.767 0.920
202009 0.900 109.815 1.086
202012 1.184 109.897 1.428
202103 0.722 111.754 0.856
202106 0.623 114.631 0.720
202109 0.349 115.734 0.400
202112 0.540 117.630 0.609
202203 -0.154 121.301 -0.168
202206 -1.022 125.017 -1.084
202209 -0.556 125.227 -0.589
202212 0.349 125.222 0.369
202303 0.542 127.348 0.564
202306 0.037 128.729 0.038
202309 0.094 129.860 0.096
202312 0.165 129.419 0.169
202403 0.294 131.776 0.296
202406 0.576 132.554 0.576

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.


Ellington Financial  (FRA:1EL) 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.


Ellington Financial Shiller PE Ratio Related Terms

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


Ellington Financial Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. The company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.

Ellington Financial Headlines

No Headlines