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WhiteHorse Finance (WhiteHorse Finance) Shiller PE Ratio : 8.07 (As of May. 18, 2024)


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What is WhiteHorse Finance Shiller PE Ratio?

As of today (2024-05-18), WhiteHorse Finance's current share price is $13.08. WhiteHorse Finance's E10 for the quarter that ended in Mar. 2024 was $1.62. WhiteHorse Finance's Shiller PE Ratio for today is 8.07.

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

WHF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.49   Med: 7.74   Max: 8.69
Current: 8.1

During the past years, WhiteHorse Finance's highest Shiller PE Ratio was 8.69. The lowest was 6.49. And the median was 7.74.

WHF's Shiller PE Ratio is ranked better than
81.82% of 759 companies
in the Asset Management industry
Industry Median: 13.06 vs WHF: 8.10

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.

WhiteHorse Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WhiteHorse Finance Shiller PE Ratio Historical Data

The historical data trend for WhiteHorse Finance'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.

WhiteHorse Finance Shiller PE Ratio Chart

WhiteHorse Finance 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 - - 8.64 7.96 7.61

WhiteHorse Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.50 7.65 7.68 7.61 7.68

Competitive Comparison of WhiteHorse Finance's Shiller PE Ratio

For the Asset Management subindustry, WhiteHorse Finance'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.


WhiteHorse Finance's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where WhiteHorse Finance's Shiller PE Ratio falls into.



WhiteHorse Finance 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.

WhiteHorse Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.08/1.62
=8.07

* 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.

WhiteHorse Finance's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, WhiteHorse Finance'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)
=0.26/131.7762*131.7762
=0.260

Current CPI (Mar. 2024) = 131.7762.

WhiteHorse Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.340 100.560 0.446
201409 0.310 100.428 0.407
201412 0.240 99.070 0.319
201503 0.320 99.621 0.423
201506 0.380 100.684 0.497
201509 0.100 100.392 0.131
201512 -0.980 99.792 -1.294
201603 0.300 100.470 0.393
201606 0.440 101.688 0.570
201609 0.470 101.861 0.608
201612 0.500 101.863 0.647
201703 0.530 102.862 0.679
201706 0.390 103.349 0.497
201709 0.450 104.136 0.569
201712 0.410 104.011 0.519
201803 0.680 105.290 0.851
201806 0.930 106.317 1.153
201809 0.950 106.507 1.175
201812 0.240 105.998 0.298
201903 0.340 107.251 0.418
201906 0.410 108.070 0.500
201909 0.340 108.329 0.414
201912 0.420 108.420 0.510
202003 -1.010 108.902 -1.222
202006 1.110 108.767 1.345
202009 1.060 109.815 1.272
202012 0.400 109.897 0.480
202103 0.400 111.754 0.472
202106 0.510 114.631 0.586
202109 0.400 115.734 0.455
202112 0.120 117.630 0.134
202203 0.250 121.301 0.272
202206 0.320 125.017 0.337
202209 0.170 125.227 0.179
202212 -0.050 125.222 -0.053
202303 0.320 127.348 0.331
202306 0.170 128.729 0.174
202309 0.240 129.860 0.244
202312 0.150 129.419 0.153
202403 0.260 131.776 0.260

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.


WhiteHorse Finance  (NAS:WHF) 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.


WhiteHorse Finance Shiller PE Ratio Related Terms

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


WhiteHorse Finance (WhiteHorse Finance) Business Description

Traded in Other Exchanges
Address
1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.
Executives
John Bolduc director 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Marco A. Collazos officer: Chief Compliance Officer 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Stuart D Aronson director, officer: Chief Executive Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Joyson Thomas officer: Chief Financial Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
G Stacy Smith director 300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Rick Patrick Frier director 11808 PLEASANT WYATT PLACE, CHARLOTTE NC 28277
Anthony Tamer 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Sami Mnaymneh 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Kevin Francis Burke director C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Rick D Puckett director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Edward J. Giordano officer: Chief Financial Officer C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Gerhard Lombard officer: Chief Financial Officer 600 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10020
Carvell James Demus Iii director, officer: Chief Executive Officer 200 CRESCENT COURT, SUITE 1414, DALLAS TX 75201
Tom C Davis director DEAN FOODS COMPANY, 2515 MCKINNEY AVE STE 1200, DALLAS TX 75201
William D Markert director, officer: CHIEF OPERATING OFFICER EVP - NETWORK FINANCIAL MANAGEMENT, 1467 ASHBOURNE CIRCLE, SHAKOPEE MN 55379