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Muang Thai Insurance PCL (BKK:MTI) Shiller PE Ratio : 7.93 (As of May. 05, 2024)


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What is Muang Thai Insurance PCL Shiller PE Ratio?

As of today (2024-05-05), Muang Thai Insurance PCL's current share price is ฿110.00. Muang Thai Insurance PCL's E10 for the quarter that ended in Dec. 2023 was ฿13.87. Muang Thai Insurance PCL's Shiller PE Ratio for today is 7.93.

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

BKK:MTI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.75   Med: 10.47   Max: 14.5
Current: 7.93

During the past years, Muang Thai Insurance PCL's highest Shiller PE Ratio was 14.50. The lowest was 7.75. And the median was 10.47.

BKK:MTI's Shiller PE Ratio is ranked better than
81.77% of 362 companies
in the Insurance industry
Industry Median: 13.105 vs BKK:MTI: 7.93

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.

Muang Thai Insurance PCL's adjusted earnings per share data for the three months ended in Dec. 2023 was ฿1.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ฿13.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muang Thai Insurance PCL Shiller PE Ratio Historical Data

The historical data trend for Muang Thai Insurance PCL'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.

Muang Thai Insurance PCL Shiller PE Ratio Chart

Muang Thai Insurance PCL 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 11.18 10.80 10.96 8.82 8.15

Muang Thai Insurance PCL 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 8.82 8.13 7.87 8.20 8.15

Competitive Comparison of Muang Thai Insurance PCL's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Muang Thai Insurance PCL'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.


Muang Thai Insurance PCL's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Muang Thai Insurance PCL's Shiller PE Ratio falls into.



Muang Thai Insurance PCL 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.

Muang Thai Insurance PCL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=110.00/13.87
=7.93

* 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.

Muang Thai Insurance PCL's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Muang Thai Insurance PCL'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)
=1.88/129.4194*129.4194
=1.880

Current CPI (Dec. 2023) = 129.4194.

Muang Thai Insurance PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.880 99.695 6.335
201406 3.160 100.560 4.067
201409 4.040 100.428 5.206
201412 2.427 99.070 3.171
201503 4.030 99.621 5.235
201506 4.650 100.684 5.977
201509 4.480 100.392 5.775
201512 2.560 99.792 3.320
201603 2.930 100.470 3.774
201606 3.430 101.688 4.365
201609 2.880 101.861 3.659
201612 0.870 101.863 1.105
201703 2.930 102.862 3.686
201706 3.570 103.349 4.471
201709 2.570 104.136 3.194
201712 1.410 104.011 1.754
201803 1.870 105.290 2.299
201806 2.660 106.317 3.238
201809 1.530 106.507 1.859
201812 0.980 105.998 1.197
201903 0.960 107.251 1.158
201906 1.070 108.070 1.281
201909 2.850 108.329 3.405
201912 2.329 108.420 2.780
202003 2.190 108.902 2.603
202006 3.770 108.767 4.486
202009 2.520 109.815 2.970
202012 1.535 109.897 1.808
202103 3.820 111.754 4.424
202106 7.660 114.631 8.648
202109 2.950 115.734 3.299
202112 2.398 117.630 2.638
202203 4.000 121.301 4.268
202206 4.100 125.017 4.244
202209 3.740 125.227 3.865
202212 1.890 125.222 1.953
202303 3.090 127.348 3.140
202306 2.720 128.729 2.735
202309 3.420 129.860 3.408
202312 1.880 129.419 1.880

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.


Muang Thai Insurance PCL  (BKK:MTI) 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.


Muang Thai Insurance PCL Shiller PE Ratio Related Terms

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Muang Thai Insurance PCL (BKK:MTI) Business Description

Traded in Other Exchanges
N/A
Address
252, Rajadapisek Road, Building 1, Huaykwang Sub-district, Huaykwang District, Bangkok, THA, 10310
Muang Thai Insurance PCL is an insurance company whose core business is non-life insurance. As such, the company provides services including motor, property, marine, transportation, engineering, personal accident, health, special products, liability, and miscellaneous insurance. The company organizes these operations into two segments: Motor and Non-Motor Products. It generates its revenue from the premium income both direct premiums and reinsurance premiums, including the fees and commissions received.

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