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Aviva (AIVAF) Shiller PE Ratio : 11.73 (As of May. 01, 2024)


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What is Aviva Shiller PE Ratio?

As of today (2024-05-01), Aviva's current share price is $5.98. Aviva's E10 for the fiscal year that ended in Dec23 was $0.51. Aviva's Shiller PE Ratio for today is 11.73.

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

AIVAF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.39   Med: 15.4   Max: 38.82
Current: 11.24

During the past 13 years, Aviva's highest Shiller PE Ratio was 38.82. The lowest was 8.39. And the median was 15.40.

AIVAF's Shiller PE Ratio is ranked better than
61.98% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs AIVAF: 11.24

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.

Aviva's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.471. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aviva Shiller PE Ratio Historical Data

The historical data trend for Aviva'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.

Aviva Shiller PE Ratio Chart

Aviva 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 16.82 12.43 13.04 9.97 10.49

Aviva Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 13.04 - 9.97 - 10.49

Competitive Comparison of Aviva's Shiller PE Ratio

For the Insurance - Diversified subindustry, Aviva'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.


Aviva's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aviva's Shiller PE Ratio distribution charts can be found below:

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



Aviva 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.

Aviva's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.98/0.51
=11.73

* 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.

Aviva's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Aviva's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.471/130.0000*130.0000
=0.471

Current CPI (Dec23) = 130.0000.

Aviva Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.767 99.900 0.998
201512 0.337 100.400 0.436
201612 0.186 102.200 0.237
201712 0.458 105.000 0.567
201812 0.473 107.100 0.574
201912 0.824 108.500 0.987
202012 0.927 109.400 1.102
202112 0.661 114.700 0.749
202212 -0.423 125.300 -0.439
202312 0.471 130.000 0.471

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.


Aviva  (OTCPK:AIVAF) 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.


Aviva Shiller PE Ratio Related Terms

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


Aviva (AIVAF) Business Description

Address
St Helen's, 1 Undershaft, London, GBR, EC3P 3DQ
Aviva is a multiline insurer that is listed on the London Stock Exchange. The company traces its roots back to the 17th century with the establishment of Hand-in-Hand. After the Great Fire of London, this mutual was formed to provide protection against fires. Hand-in-Hand was then acquired by Commercial Union in 1905. Over the years, Hand-in-Hand insured London landmarks such as London Bridge, the British Museum, and the Palace in Lambeth. The life insurance part of Aviva began in the early part of the 18th century with the establishment of Amicable, again a mutual society but this time to protect widows and children against the loss of life.

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