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Equus Total Return (Equus Total Return) E10 : $0.06 (As of Mar. 2024)


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What is Equus Total Return E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Equus Total Return's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.06 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Equus Total Return was 55.00% per year. The lowest was -7.10% per year. And the median was 45.20% per year.

As of today (2024-06-08), Equus Total Return's current stock price is $1.48. Equus Total Return's E10 for the quarter that ended in Mar. 2024 was $0.06. Equus Total Return's Shiller PE Ratio of today is 24.67.

During the past 13 years, the highest Shiller PE Ratio of Equus Total Return was 38.50. The lowest was 13.00. And the median was 22.29.


Equus Total Return E10 Historical Data

The historical data trend for Equus Total Return's E10 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.

Equus Total Return E10 Chart

Equus Total Return Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.14 -0.08 -0.02 0.07

Equus Total Return Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -0.01 0.04 0.11 0.07 0.06

Competitive Comparison of Equus Total Return's E10

For the Asset Management subindustry, Equus Total Return'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.


Equus Total Return's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Equus Total Return's Shiller PE Ratio falls into.



Equus Total Return E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Equus Total Return's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.17/131.7762*131.7762
=-0.170

Current CPI (Mar. 2024) = 131.7762.

Equus Total Return Quarterly Data

per share eps CPI Adj_EPS
201406 0.090 100.560 0.118
201409 -0.030 100.428 -0.039
201412 -0.110 99.070 -0.146
201503 -0.070 99.621 -0.093
201506 0.210 100.684 0.275
201509 -0.030 100.392 -0.039
201512 -0.030 99.792 -0.040
201603 0.020 100.470 0.026
201606 0.170 101.688 0.220
201609 0.160 101.861 0.207
201612 0.100 101.863 0.129
201703 -0.140 102.862 -0.179
201706 0.010 103.349 0.013
201709 -0.010 104.136 -0.013
201712 0.080 104.011 0.101
201803 0.004 105.290 0.005
201806 0.060 106.317 0.074
201809 0.170 106.507 0.210
201812 -0.236 105.998 -0.293
201903 0.220 107.251 0.270
201906 0.100 108.070 0.122
201909 0.070 108.329 0.085
201912 -0.230 108.420 -0.280
202003 -0.530 108.902 -0.641
202006 0.190 108.767 0.230
202009 -0.300 109.815 -0.360
202012 -0.270 109.897 -0.324
202103 0.020 111.754 0.024
202106 0.050 114.631 0.057
202109 0.110 115.734 0.125
202112 0.010 117.630 0.011
202203 0.080 121.301 0.087
202206 -0.020 125.017 -0.021
202209 -0.070 125.227 -0.074
202212 -0.070 125.222 -0.074
202303 -0.080 127.348 -0.083
202306 0.440 128.729 0.450
202309 0.520 129.860 0.528
202312 0.080 129.419 0.081
202403 -0.170 131.776 -0.170

Add all the adjusted EPS together and divide 10 will get our e10.


Equus Total Return  (NYSE:EQS) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Equus Total Return's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.48/0.06
=24.67

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Equus Total Return was 38.50. The lowest was 13.00. And the median was 22.29.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Equus Total Return E10 Related Terms

Thank you for viewing the detailed overview of Equus Total Return's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Equus Total Return (Equus Total Return) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, 48th Floor, Houston, TX, USA, 77002
Equus Total Return Inc is a United States-based closed-end management investment company providing financial solutions for privately-owned middle market and small capitalization companies. Its investment objective is to seek the highest total return, consisting of capital appreciation and current income. It focuses to provide long-term capital gains by investing in the debt and equity securities of small and middle-market capitalization companies that are generally not publicly traded at the time of its investment. Its investment operations include investment selection, due diligence, structuring investments, and providing management assistance and monitoring of investments.
Executives
Robert L Knauss director 5151 SAN FELIPE, SUITE 1661, HOUSTON TX 77056
Pallieres Bertrand Des director EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Michael T Tokarz 10 percent owner 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Mvc Capital, Inc. 10 percent owner RIVERVIEW AT PURCHASE, 287 BOWMAN AVENUE, 3RD FLOOR, PURCHASE NY 10577
Tokarz Group Advisers Llc 10 percent owner RIVERVIEW PLAZA, 287 BOWMAN AVENUE, 2ND FLOOR, PURCHASE NY 10577
John A. Hardy director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Richard F Bergner director 2727 ALLEN PARKWAY, 13TH FLOOR, HOUSTON TX 77019
Fraser Atkinson director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Henry W Hankinson director 2727 ALLEN PARKWAY, 13TH FLOOR, HOUSTON TX 77019
Kenneth I Denos officer: Executive VP and Secretary 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Mobiquity Investments Ltd director 19105 36TH AVENUE WEST, SUITE 213, LYNNWOOD WA 98036
Alessandro Benedetti director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Tiel Trust Fbo Paula T. Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219
Tiel Trust Fbo Sam P. Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219
Douglass Trust Iv - Fbo S. Preston Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219

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