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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) E10 : $0.79 (As of Dec. 2023)


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What is MS&AD Insurance Group Holdings 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.

MS&AD Insurance Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.845. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MS&AD Insurance Group Holdings's average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 20.00% per year. During the past 5 years, the average E10 Growth Rate was 6.80% per year. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of MS&AD Insurance Group Holdings was 20.70% per year. The lowest was -12.60% per year. And the median was 4.90% per year.

As of today (2024-05-01), MS&AD Insurance Group Holdings's current stock price is $17.925. MS&AD Insurance Group Holdings's E10 for the quarter that ended in Dec. 2023 was $0.79. MS&AD Insurance Group Holdings's Shiller PE Ratio of today is 22.69.

During the past 13 years, the highest Shiller PE Ratio of MS&AD Insurance Group Holdings was 27.98. The lowest was 10.92. And the median was 16.26.


MS&AD Insurance Group Holdings E10 Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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.

MS&AD Insurance Group Holdings E10 Chart

MS&AD Insurance Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.53 0.60 0.76 0.76

MS&AD Insurance Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.76 0.72 0.68 0.79

Competitive Comparison of MS&AD Insurance Group Holdings's E10

For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group Holdings'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.


MS&AD Insurance Group Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where MS&AD Insurance Group Holdings's Shiller PE Ratio falls into.



MS&AD Insurance Group Holdings 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, MS&AD Insurance Group Holdings'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)
=0.845/106.8000*106.8000
=0.845

Current CPI (Dec. 2023) = 106.8000.

MS&AD Insurance Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 -0.347 95.700 -0.387
201406 0.341 98.000 0.372
201409 0.226 98.500 0.245
201412 0.441 97.900 0.481
201503 -0.318 97.900 -0.347
201506 0.429 98.400 0.466
201509 -0.051 98.500 -0.055
201512 0.382 98.100 0.416
201603 0.053 97.900 0.058
201606 0.200 98.100 0.218
201609 0.329 98.000 0.359
201612 0.532 98.400 0.577
201703 0.006 98.100 0.007
201706 0.465 98.500 0.504
201709 -0.081 98.800 -0.088
201712 0.109 99.400 0.117
201803 0.299 99.200 0.322
201806 0.429 99.200 0.462
201809 -0.188 99.900 -0.201
201812 0.652 99.700 0.698
201903 0.091 99.700 0.097
201906 0.508 99.800 0.544
201909 0.364 100.100 0.388
201912 0.565 100.500 0.600
202003 -0.677 100.300 -0.721
202006 0.527 99.900 0.563
202009 0.001 99.900 0.001
202012 0.304 99.300 0.327
202103 -0.029 99.900 -0.031
202106 0.644 99.500 0.691
202109 0.035 100.100 0.037
202112 0.422 100.100 0.450
202203 0.298 101.100 0.315
202206 0.355 101.800 0.372
202209 -0.345 103.100 -0.357
202212 0.641 104.100 0.658
202303 0.106 104.400 0.108
202306 0.493 105.200 0.500
202309 -0.101 106.200 -0.102
202312 0.845 106.800 0.845

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


MS&AD Insurance Group Holdings  (OTCPK:MSADY) 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.

MS&AD Insurance Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.925/0.79
=22.69

* 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.

During the past 13 years, the highest Shiller P/E Ratio of MS&AD Insurance Group Holdings was 27.98. The lowest was 10.92. And the median was 16.26.


Be Aware

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


MS&AD Insurance Group Holdings E10 Related Terms

Thank you for viewing the detailed overview of MS&AD Insurance Group Holdings's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Business Description

Traded in Other Exchanges
Address
Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028
MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.

MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Headlines