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As of today (2024-12-14), Horizon Kinetics Holding's current share price is $41.0304. Horizon Kinetics Holding's E10 for the quarter that ended in Sep. 2024 was $2.84. Horizon Kinetics Holding's Shiller PE Ratio for today is 14.45.
The historical rank and industry rank for Horizon Kinetics Holding's Shiller PE Ratio or its related term are showing as below:
During the past years, Horizon Kinetics Holding's highest Shiller PE Ratio was 147.83. The lowest was 2.57. And the median was 22.63.
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.
Horizon Kinetics Holding's adjusted earnings per share data for the three months ended in Sep. 2024 was $-2.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.84 for the trailing ten years ended in Sep. 2024.
The historical data trend for Horizon Kinetics Holding'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.
Horizon Kinetics Holding Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | - | 15.72 | 49.64 | - | 5.35 |
Horizon Kinetics Holding Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 3.43 | 5.35 | 4.79 | 6.53 | 8.21 |
For the Asset Management subindustry, Horizon Kinetics Holding'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.
For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Horizon Kinetics Holding's Shiller PE Ratio falls into.
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.
Horizon Kinetics Holding's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 41.0304 | / | 2.84 | |
= | 14.45 |
* 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.
Horizon Kinetics Holding's E10 for the quarter that ended in Sep. 2024 is calculated as:
For example, Horizon Kinetics Holding's adjusted earnings per share data for the three months ended in Sep. 2024 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Sep. 2024 (Change) | * | Current CPI (Sep. 2024) |
= | -2.07 | / | 133.0289 | * | 133.0289 | |
= | -2.070 |
Current CPI (Sep. 2024) = 133.0289.
Horizon Kinetics Holding Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201412 | 1.000 | 99.070 | 1.343 |
201503 | 1.200 | 99.621 | 1.602 |
201506 | 5.600 | 100.684 | 7.399 |
201509 | 0.800 | 100.392 | 1.060 |
201512 | 0.400 | 99.792 | 0.533 |
201603 | 1.200 | 100.470 | 1.589 |
201606 | -0.600 | 101.688 | -0.785 |
201609 | 1.000 | 101.861 | 1.306 |
201612 | 1.400 | 101.863 | 1.828 |
201703 | 1.800 | 102.862 | 2.328 |
201706 | 1.400 | 103.349 | 1.802 |
201709 | 2.400 | 104.136 | 3.066 |
201712 | 2.000 | 104.011 | 2.558 |
201803 | -0.400 | 105.290 | -0.505 |
201806 | 2.000 | 106.317 | 2.503 |
201809 | 1.800 | 106.507 | 2.248 |
201812 | 0.000 | 105.998 | 0.000 |
201903 | -0.600 | 107.251 | -0.744 |
201906 | -1.200 | 108.070 | -1.477 |
201909 | 0.600 | 108.329 | 0.737 |
201912 | 0.000 | 108.420 | 0.000 |
202003 | 0.400 | 108.902 | 0.489 |
202006 | -0.200 | 108.767 | -0.245 |
202009 | -0.800 | 109.815 | -0.969 |
202012 | -2.000 | 109.897 | -2.421 |
202103 | -0.400 | 111.754 | -0.476 |
202106 | -1.600 | 114.631 | -1.857 |
202109 | -4.000 | 115.734 | -4.598 |
202112 | -11.600 | 117.630 | -13.119 |
202203 | -0.800 | 121.301 | -0.877 |
202206 | -6.800 | 125.017 | -7.236 |
202209 | -1.200 | 125.227 | -1.275 |
202212 | -5.400 | 125.222 | -5.737 |
202303 | 0.600 | 127.348 | 0.627 |
202306 | -0.800 | 128.729 | -0.827 |
202309 | 28.400 | 129.860 | 29.093 |
202312 | 11.227 | 129.419 | 11.540 |
202403 | -0.800 | 131.776 | -0.808 |
202406 | -0.600 | 132.554 | -0.602 |
202409 | -2.070 | 133.029 | -2.070 |
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.
Horizon Kinetics Holding (OTCPK:HKHC) 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.
Thank you for viewing the detailed overview of Horizon Kinetics Holding's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
John Mcannar | director | 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445 |
Maran Partners Fund, Lp | 10 percent owner | 150 FILLMORE STREET, SUITE 150, DENVER CO 80206 |
Mark E Goldstein | director, 10 percent owner, officer: COB/President/CEO | 4880 HAVANA ST, DENVER CO 80239 |
David M Arndt | officer: Chief Financial Officer | 3184 BARBWIRE WAY, CASTLE ROCK CT 80108 |
Tisha Pedrazzini | director | 15276 W. ELLSWORTH PL, GOLDEN CO 80401 |
R. Rimmy Malhotra | director | C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235 |
Maran Capital Management, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Spv Gp, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Daniel J Roller | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Partners Gp, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Spv, Lp | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Iszo Capital Lp | 10 percent owner | 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Andrew Summers | director | 601 JEFFERSON STREET, HOUSTON TX 77002 |
Kevin A. Paprzycki | officer: Chief Financial Officer | C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027 |
Brian L. Sheehy | 10 percent owner | 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017 |
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