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Allstate (HAM:ALS) Shiller PE Ratio : 23.91 (As of Apr. 29, 2024)


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What is Allstate Shiller PE Ratio?

As of today (2024-04-29), Allstate's current share price is €160.65. Allstate's E10 for the quarter that ended in Dec. 2023 was €6.72. Allstate's Shiller PE Ratio for today is 23.91.

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

HAM:ALS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.13   Med: 16.86   Max: 29.83
Current: 22.61

During the past years, Allstate's highest Shiller PE Ratio was 29.83. The lowest was 12.13. And the median was 16.86.

HAM:ALS's Shiller PE Ratio is ranked worse than
74.93% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs HAM:ALS: 22.61

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.

Allstate's adjusted earnings per share data for the three months ended in Dec. 2023 was €5.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allstate Shiller PE Ratio Historical Data

The historical data trend for Allstate'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.

Allstate Shiller PE Ratio Chart

Allstate 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 18.46 14.23 13.71 16.92 18.61

Allstate 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 16.92 14.16 15.01 15.42 18.61

Competitive Comparison of Allstate's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Allstate'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.


Allstate's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Allstate 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.

Allstate's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=160.65/6.72
=23.91

* 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.

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

For example, Allstate'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)
=5.062/129.4194*129.4194
=5.062

Current CPI (Dec. 2023) = 129.4194.

Allstate Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.940 99.695 1.220
201406 1.023 100.560 1.317
201409 1.350 100.428 1.740
201412 1.508 99.070 1.970
201503 1.414 99.621 1.837
201506 0.704 100.684 0.905
201509 1.372 100.392 1.769
201512 1.083 99.792 1.405
201603 0.512 100.470 0.660
201606 0.570 101.688 0.725
201609 1.167 101.861 1.483
201612 2.067 101.863 2.626
201703 1.674 102.862 2.106
201706 1.326 103.349 1.660
201709 1.460 104.136 1.814
201712 2.831 104.011 3.523
201803 2.198 105.290 2.702
201806 1.635 106.317 1.990
201809 2.297 106.507 2.791
201812 -0.800 105.998 -0.977
201903 3.310 107.251 3.994
201906 2.159 108.070 2.586
201909 2.424 108.329 2.896
201912 4.707 108.420 5.619
202003 1.439 108.902 1.710
202006 3.428 108.767 4.079
202009 3.039 109.815 3.582
202012 6.946 109.897 8.180
202103 -3.906 111.754 -4.523
202106 4.366 114.631 4.929
202109 1.454 115.734 1.626
202112 2.416 117.630 2.658
202203 2.043 121.301 2.180
202206 -3.595 125.017 -3.722
202209 -2.576 125.227 -2.662
202212 -1.104 125.222 -1.141
202303 -1.224 127.348 -1.244
202306 -4.883 128.729 -4.909
202309 -0.150 129.860 -0.149
202312 5.062 129.419 5.062

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.


Allstate  (HAM:ALS) 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.


Allstate Shiller PE Ratio Related Terms

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


Allstate (HAM:ALS) Business Description

Address
3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest U.S. property and casualty insurers in the U.S. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 10,000 company agencies.

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