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AMERISAFE (AMERISAFE) Shiller PE Ratio

: 11.89 (As of Today)
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As of today (2024-04-19), AMERISAFE's current share price is $50.30. AMERISAFE's E10 for the quarter that ended in Dec. 2023 was $4.23. AMERISAFE's Shiller PE Ratio for today is 11.89.

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

AMSF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.64   Med: 20.48   Max: 26.22
Current: 11.89

During the past years, AMERISAFE's highest Shiller PE Ratio was 26.22. The lowest was 10.64. And the median was 20.48.

AMSF's Shiller PE Ratio is ranked better than
58.06% of 360 companies
in the Insurance industry
Industry Median: 13.06 vs AMSF: 11.89

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.

AMERISAFE's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMERISAFE Shiller PE Ratio Historical Data

The historical data trend for AMERISAFE'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.

AMERISAFE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.67 17.28 14.36 12.75 11.05

AMERISAFE 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 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 Premium Member Only Premium Member Only Premium Member Only 12.75 11.73 12.55 11.73 11.05

Competitive Comparison

For the Insurance - Specialty subindustry, AMERISAFE'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.


AMERISAFE Shiller PE Ratio Distribution

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

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



AMERISAFE 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.

AMERISAFE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.30/4.23
=11.89

* 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.

AMERISAFE's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, AMERISAFE'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)
=1/129.4194*129.4194
=1.000

Current CPI (Dec. 2023) = 129.4194.

AMERISAFE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.560 99.695 0.727
201406 0.680 100.560 0.875
201409 0.710 100.428 0.915
201412 0.890 99.070 1.163
201503 0.790 99.621 1.026
201506 0.750 100.684 0.964
201509 0.940 100.392 1.212
201512 1.210 99.792 1.569
201603 1.270 100.470 1.636
201606 0.870 101.688 1.107
201609 0.930 101.861 1.182
201612 0.990 101.863 1.258
201703 0.700 102.862 0.881
201706 0.810 103.349 1.014
201709 0.860 104.136 1.069
201712 0.030 104.011 0.037
201803 0.840 105.290 1.033
201806 0.880 106.317 1.071
201809 1.020 106.507 1.239
201812 0.980 105.998 1.197
201903 1.010 107.251 1.219
201906 0.930 108.070 1.114
201909 1.110 108.329 1.326
201912 1.760 108.420 2.101
202003 0.560 108.902 0.666
202006 1.240 108.767 1.475
202009 1.210 109.815 1.426
202012 1.470 109.897 1.731
202103 0.990 111.754 1.146
202106 1.230 114.631 1.389
202109 0.990 115.734 1.107
202112 0.180 117.630 0.198
202203 0.890 121.301 0.950
202206 0.320 125.017 0.331
202209 0.590 125.227 0.610
202212 1.080 125.222 1.116
202303 0.900 127.348 0.915
202306 0.810 128.729 0.814
202309 0.520 129.860 0.518
202312 1.000 129.419 1.000

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.


AMERISAFE  (NAS:AMSF) 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.


AMERISAFE Shiller PE Ratio Related Terms

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


AMERISAFE (AMERISAFE) Business Description

Traded in Other Exchanges
Address
2301 Highway 190 West, DeRidder, LA, USA, 70634
AMERISAFE Inc is a specialty provider of workers' compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas, and agriculture. The company generates a majority of its revenue in the form of premiums.
Executives
Anastasios Omiridis officer: EVP-CFO 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Wise Raymond F. Jr. officer: EVP - CSO 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Andrew B. Mccray officer: EVP-CUO 2301 HIGHWAY 27, DERIDDER LA 70634
Kathryn Housh Shirley officer: EVP, General Counsel 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Vincent J. Gagliano officer: EVP - Chief Technology Officer 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
G. Janelle Frost officer: EVP/CFO 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Neal Andrew Fuller officer: EVP-CFO C/O SEABRIGHT HOLDINGS, INC., 1501 4TH AVENUE, SUITE 2600, SEATTLE WA 98101
Billy B Greer director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Philip A Garcia director 100 ERIE INSURANCE PL, ERIE PA 16530
Sean Traynor director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Randy Roach director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006
Jared A Morris director AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Millard E Morris director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006
Bradley C Allen Jr director, officer: President and CEO AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Teri G. Fontenot director 18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634