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Infinity Property and Casualty (Infinity Property and Casualty) E10 : $4.32 (As of Mar. 2018)


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What is Infinity Property and Casualty E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Infinity Property and Casualty's adjusted earnings per share data for the three months ended in Mar. 2018 was $1.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.32 for the trailing ten years ended in Mar. 2018.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-25), Infinity Property and Casualty's current stock price is $142.80. Infinity Property and Casualty's E10 for the quarter that ended in Mar. 2018 was $4.32. Infinity Property and Casualty's Shiller PE Ratio of today is 33.06.


Infinity Property and Casualty E10 Historical Data

The historical data trend for Infinity Property and Casualty's E10 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.

Infinity Property and Casualty E10 Chart

Infinity Property and Casualty Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 4.32 4.16 4.16 4.19

Infinity Property and Casualty Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
E10 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 4.16 4.12 4.19 4.19 4.32

Competitive Comparison of Infinity Property and Casualty's E10

For the Insurance - Property & Casualty subindustry, Infinity Property and Casualty'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.


Infinity Property and Casualty's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Infinity Property and Casualty's Shiller PE Ratio falls into.



Infinity Property and Casualty E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Infinity Property and Casualty's adjusted earnings per share data for the three months ended in Mar. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=1.82/105.2895*105.2895
=1.820

Current CPI (Mar. 2018) = 105.2895.

Infinity Property and Casualty Quarterly Data

per share eps CPI Adj_EPS
200806 0.740 92.320 0.844
200809 0.280 92.307 0.319
200812 -0.680 88.697 -0.807
200903 0.760 89.744 0.892
200906 1.220 91.003 1.412
200909 0.600 91.120 0.693
200912 2.510 91.111 2.901
201003 1.150 91.821 1.319
201006 1.220 91.962 1.397
201009 2.390 92.162 2.730
201012 2.190 92.474 2.494
201103 0.810 94.283 0.905
201106 0.544 95.235 0.601
201109 0.545 95.727 0.599
201112 1.470 95.213 1.626
201203 0.355 96.783 0.386
201206 0.590 96.819 0.642
201209 0.440 97.633 0.475
201212 0.670 96.871 0.728
201303 0.740 98.209 0.793
201306 0.640 98.518 0.684
201309 0.620 98.790 0.661
201312 0.810 98.326 0.867
201403 0.900 99.695 0.951
201406 0.920 100.560 0.963
201409 1.290 100.428 1.352
201412 1.850 99.070 1.966
201503 0.980 99.621 1.036
201506 1.180 100.684 1.234
201509 1.380 100.392 1.447
201512 0.990 99.792 1.045
201603 0.690 100.470 0.723
201606 0.990 101.688 1.025
201609 0.250 101.861 0.258
201612 1.950 101.863 2.016
201703 0.940 102.862 0.962
201706 0.460 103.349 0.469
201709 1.350 104.136 1.365
201712 1.340 104.011 1.356
201803 1.820 105.290 1.820

Add all the adjusted EPS together and divide 10 will get our e10.


Infinity Property and Casualty  (NAS:IPCC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Infinity Property and Casualty's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=142.80/4.32
=33.06

* 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.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Infinity Property and Casualty E10 Related Terms

Thank you for viewing the detailed overview of Infinity Property and Casualty's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines