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Markel Group (Markel Group) Shiller PE Ratio

: 20.86 (As of Today)
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As of today (2024-04-18), Markel Group's current share price is $1428.51. Markel Group's E10 for the quarter that ended in Dec. 2023 was $68.47. Markel Group's Shiller PE Ratio for today is 20.86.

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

MKL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.63   Med: 30.36   Max: 51.86
Current: 20.86

During the past years, Markel Group's highest Shiller PE Ratio was 51.86. The lowest was 20.63. And the median was 30.36.

MKL's Shiller PE Ratio is ranked worse than
71.67% of 360 companies
in the Insurance industry
Industry Median: 13.03 vs MKL: 20.86

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.

Markel Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $56.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $68.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Shiller PE Ratio Historical Data

The historical data trend for Markel Group'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.

Markel Group 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 32.40 27.16 21.66 23.99 20.74

Markel Group 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 23.99 21.89 21.72 23.02 20.74

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Markel Group'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.


Markel Group Shiller PE Ratio Distribution

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

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



Markel Group 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.

Markel Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1428.51/68.47
=20.86

* 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.

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

For example, Markel Group'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)
=56.48/129.4194*129.4194
=56.480

Current CPI (Dec. 2023) = 129.4194.

Markel Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 6.250 99.695 8.113
201406 2.660 100.560 3.423
201409 5.300 100.428 6.830
201412 8.050 99.070 10.516
201503 13.490 99.621 17.525
201506 6.720 100.684 8.638
201509 7.390 100.392 9.527
201512 14.140 99.792 18.338
201603 11.150 100.470 14.363
201606 5.410 101.688 6.885
201609 5.600 101.861 7.115
201612 9.110 101.863 11.575
201703 3.900 102.862 4.907
201706 10.310 103.349 12.911
201709 -18.820 104.136 -23.389
201712 30.390 104.011 37.814
201803 -4.250 105.290 -5.224
201806 19.970 106.317 24.309
201809 28.500 106.507 34.631
201812 -53.880 105.998 -65.785
201903 42.760 107.251 51.599
201906 36.070 108.070 43.196
201909 13.950 108.329 16.666
201912 36.260 108.420 43.283
202003 -100.600 108.902 -119.554
202006 65.750 108.767 78.234
202009 31.030 109.815 36.570
202012 59.330 109.897 69.870
202103 42.020 111.754 48.662
202106 57.020 114.631 64.376
202109 15.090 115.734 16.874
202112 62.440 117.630 68.698
202203 -6.500 121.301 -6.935
202206 -69.150 125.017 -71.585
202209 3.080 125.227 3.183
202212 49.050 125.222 50.694
202303 37.260 127.348 37.866
202306 50.090 128.729 50.359
202309 3.140 129.860 3.129
202312 56.480 129.419 56.480

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.


Markel Group  (NYSE:MKL) 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.


Markel Group Shiller PE Ratio Related Terms

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


Markel Group (Markel Group) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
Executives
Lawrence A Cunningham director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Mark Besca director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
A. Lynne Puckett director C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Sinnickson Gayner officer: Pres. & Chief Investment Off. C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Steven A Markel director, officer: Vice Chairman
Greta J Harris director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Morgan E. Housel director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Teresa S Gendron officer: Chief Financial Officer 520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022
Diane Leopold director 120 TREDEGAR STREET, RICHMOND VA 23219
Anthony F Markel director, officer: Vice Chairman 4551 COX RD, GLEN ALLEN VA 23060
Andrew G. Crowley officer: President, Markel Ventures 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Whitt Richard R Iii officer: President & Co-COO C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brian J. Costanzo officer: CAO and Controller 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Stewart M Kasen director 5818 EL CAMINO REAL, CARLSBAD CA 92008
Susan L. Davies officer: CHRO, Markel Insurance MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060