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Primerica (Primerica) Shiller PE Ratio

: 23.16 (As of Today)
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As of today (2024-04-24), Primerica's current share price is $218.39. Primerica's E10 for the quarter that ended in Dec. 2023 was $9.43. Primerica's Shiller PE Ratio for today is 23.16.

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

PRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.78   Med: 24.02   Max: 30.77
Current: 23.16

During the past years, Primerica's highest Shiller PE Ratio was 30.77. The lowest was 12.78. And the median was 24.02.

PRI's Shiller PE Ratio is ranked worse than
74.86% of 358 companies
in the Insurance industry
Industry Median: 13.065 vs PRI: 23.16

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.

Primerica's adjusted earnings per share data for the three months ended in Dec. 2023 was $4.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $9.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primerica Shiller PE Ratio Historical Data

The historical data trend for Primerica'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.

Primerica 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 26.75 24.17 23.09 17.85 21.82

Primerica 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 17.85 20.67 22.67 21.27 21.82

Competitive Comparison

For the Insurance - Life subindustry, Primerica'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.


Primerica Shiller PE Ratio Distribution

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

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



Primerica 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.

Primerica's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=218.39/9.43
=23.16

* 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.

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

For example, Primerica'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)
=4.3/129.4194*129.4194
=4.300

Current CPI (Dec. 2023) = 129.4194.

Primerica Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.810 99.695 1.052
201406 0.890 100.560 1.145
201409 0.750 100.428 0.967
201412 0.840 99.070 1.097
201503 0.820 99.621 1.065
201506 0.940 100.684 1.208
201509 0.980 100.392 1.263
201512 0.970 99.792 1.258
201603 0.920 100.470 1.185
201606 1.230 101.688 1.565
201609 1.220 101.861 1.550
201612 1.210 101.863 1.537
201703 1.110 102.862 1.397
201706 1.360 103.349 1.703
201709 1.460 104.136 1.814
201712 3.720 104.011 4.629
201803 1.460 105.290 1.795
201806 1.950 106.317 2.374
201809 1.940 106.507 2.357
201812 1.990 105.998 2.430
201903 1.830 107.251 2.208
201906 2.280 108.070 2.730
201909 2.280 108.329 2.724
201912 2.240 108.420 2.674
202003 1.750 108.902 2.080
202006 2.510 108.767 2.987
202009 2.810 109.815 3.312
202012 2.520 109.897 2.968
202103 2.460 111.754 2.849
202106 3.220 114.631 3.635
202109 2.820 115.734 3.153
202112 0.870 117.630 0.957
202203 2.910 121.301 3.105
202206 3.310 125.017 3.427
202209 2.110 125.227 2.181
202212 3.860 125.222 3.989
202303 3.380 127.348 3.435
202306 3.970 128.729 3.991
202309 4.230 129.860 4.216
202312 4.300 129.419 4.300

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.


Primerica  (NYSE:PRI) 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.


Primerica Shiller PE Ratio Related Terms

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


Primerica (Primerica) Business Description

Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Executives
Alison S. Rand officer: Executive VP and CFO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams officer: President 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan officer: Executive VP, Finance 5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider officer: Exec. VP and General Counsel 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr. director, officer: Co-Chief Executive Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts officer: Executive VP and COO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson director NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle director 3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer director 22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss director ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099