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HKHC (Horizon Kinetics Holding) Shiller PE Ratio : 14.45 (As of Dec. 14, 2024)


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What is Horizon Kinetics Holding Shiller PE Ratio?

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:

HKHC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.57   Med: 22.63   Max: 147.83
Current: 14.42

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.

HKHC's Shiller PE Ratio is ranked worse than
56.77% of 731 companies
in the Asset Management industry
Industry Median: 13.14 vs HKHC: 14.42

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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Horizon Kinetics Holding Shiller PE Ratio Historical Data

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.

* Premium members only.

Horizon Kinetics Holding Shiller PE Ratio Chart

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 Premium Member Only Premium Member Only - 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 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 3.43 5.35 4.79 6.53 8.21

Competitive Comparison of Horizon Kinetics Holding's Shiller PE Ratio

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.


Horizon Kinetics Holding's Shiller PE Ratio Distribution in the Asset Management Industry

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.



Horizon Kinetics Holding 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.

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.


Horizon Kinetics Holding Shiller PE Ratio Related Terms

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.


Horizon Kinetics Holding Business Description

Traded in Other Exchanges
N/A
Address
470 Park Avenue S, New York, NY, USA, 10061
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies.
Executives
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