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Ellington Financial (Ellington Financial) Shiller PE Ratio : 9.91 (As of May. 06, 2024)


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What is Ellington Financial Shiller PE Ratio?

As of today (2024-05-06), Ellington Financial's current share price is $11.69. Ellington Financial's E10 for the quarter that ended in Dec. 2023 was $1.18. Ellington Financial's Shiller PE Ratio for today is 9.91.

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

EFC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.18   Med: 8.06   Max: 10.98
Current: 9.91

During the past years, Ellington Financial's highest Shiller PE Ratio was 10.98. The lowest was 2.18. And the median was 8.06.

EFC's Shiller PE Ratio is ranked better than
58.84% of 447 companies
in the REITs industry
Industry Median: 11.52 vs EFC: 9.91

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 Dec. 2023 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.18 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.29 9.22 10.79 10.05 10.79

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
=11.69/1.18
=9.91

* 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 Dec. 2023 is calculated as:

For example, Ellington Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.18/129.4194*129.4194
=0.180

Current CPI (Dec. 2023) = 129.4194.

Ellington Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.880 99.695 1.142
201406 0.810 100.560 1.042
201409 0.460 100.428 0.593
201412 0.080 99.070 0.105
201503 0.570 99.621 0.740
201506 0.390 100.684 0.501
201509 0.120 100.392 0.155
201512 0.050 99.792 0.065
201603 -0.690 100.470 -0.889
201606 0.150 101.688 0.191
201609 0.020 101.861 0.025
201612 0.050 101.863 0.064
201703 0.470 102.862 0.591
201706 0.160 103.349 0.200
201709 0.190 104.136 0.236
201712 0.230 104.011 0.286
201803 0.670 105.290 0.824
201806 0.690 106.317 0.840
201809 0.220 106.507 0.267
201812 -0.070 105.998 -0.085
201903 0.520 107.251 0.627
201906 0.430 108.070 0.515
201909 0.530 108.329 0.633
201912 0.310 108.420 0.370
202003 -3.040 108.902 -3.613
202006 0.850 108.767 1.011
202009 1.060 109.815 1.249
202012 1.440 109.897 1.696
202103 0.860 111.754 0.996
202106 0.750 114.631 0.847
202109 0.410 115.734 0.458
202112 0.610 117.630 0.671
202203 -0.170 121.301 -0.181
202206 -1.080 125.017 -1.118
202209 -0.550 125.227 -0.568
202212 0.370 125.222 0.382
202303 0.580 127.348 0.589
202306 0.040 128.729 0.040
202309 0.100 129.860 0.100
202312 0.180 129.419 0.180

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  (NYSE:EFC) 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 (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.
Executives
Lisa Mumford officer: Chief Financial Officer 6 BEACHWOOD COURT, DIX HILLS NY 11746
Stephen J Dannhauser director 122 WEST 55TH STREET, NEW YORK NY 10019
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Michael W Vranos director, 10 percent owner, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Accounting Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Thomas F Robards director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Daniel R. Margolis officer: Secretary 53 FOREST AVENUE, OLD GREENWICH CT 06870
Edward Resendez director 52 FOREST AVENUE, OLD GREENWICH CT 06870
Vc Investments Llc 10 percent owner 53 FOREST AVENUE, 2ND FLOOR, OLD GREENWICH CT 06870
Emg Holdings, L.p. 10 percent owner 53 FOREST AVENUE, OLD GREENWICH CT 06870
Fbr Capital Markets Pt Inc 10 percent owner 1001 NINETEENTH STREET NORTH, ARLINGTON VA 22302