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Allianz SE (BSE:ALV) Shiller PE Ratio : 12.98 (As of May. 24, 2024)


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What is Allianz SE Shiller PE Ratio?

As of today (2024-05-24), Allianz SE's current share price is lei1336.40. Allianz SE's E10 for the quarter that ended in Mar. 2024 was lei102.95. Allianz SE's Shiller PE Ratio for today is 12.98.

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

BSE:ALV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.35   Med: 11   Max: 13.23
Current: 12.34

During the past years, Allianz SE's highest Shiller PE Ratio was 13.23. The lowest was 7.35. And the median was 11.00.

BSE:ALV's Shiller PE Ratio is ranked better than
52.91% of 361 companies
in the Insurance industry
Industry Median: 13.46 vs BSE:ALV: 12.34

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.

Allianz SE's adjusted earnings per share data for the three months ended in Mar. 2024 was lei31.456. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei102.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Shiller PE Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Shiller PE Ratio Chart

Allianz SE 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 11.92 11.46 10.13 10.17 11.52

Allianz SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.48 10.36 10.82 11.52 12.98

Competitive Comparison of Allianz SE's Shiller PE Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Allianz SE 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.

Allianz SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1336.40/102.95
=12.98

* 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.

Allianz SE's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Allianz SE's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.456/125.0381*125.0381
=31.456

Current CPI (Mar. 2024) = 125.0381.

Allianz SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 23.929 99.543 30.058
201409 20.804 99.823 26.059
201412 15.212 99.543 19.108
201503 19.854 99.717 24.896
201506 22.545 100.417 28.073
201509 15.400 100.417 19.176
201512 15.587 99.717 19.545
201603 24.075 100.017 30.098
201606 12.316 100.717 15.290
201609 21.465 101.017 26.569
201612 19.545 101.217 24.145
201703 19.574 101.417 24.133
201706 22.580 102.117 27.648
201709 19.242 102.717 23.423
201712 17.640 102.617 21.494
201803 24.985 102.917 30.355
201806 23.644 104.017 28.422
201809 24.296 104.718 29.011
201812 20.557 104.217 24.664
201903 24.094 104.217 28.908
201906 26.187 105.718 30.973
201909 23.222 106.018 27.388
201912 22.626 105.818 26.736
202003 17.031 105.718 20.144
202006 18.932 106.618 22.203
202009 26.752 105.818 31.611
202012 23.994 105.518 28.433
202103 34.001 107.518 39.542
202106 29.838 108.486 34.391
202109 27.643 109.435 31.584
202112 55.946 110.384 63.373
202203 5.865 113.968 6.435
202206 23.479 115.760 25.361
202209 31.832 118.818 33.498
202212 46.274 119.345 48.481
202303 24.896 122.402 25.432
202306 28.916 123.140 29.362
202309 24.963 124.195 25.133
202312 27.408 123.773 27.688
202403 31.456 125.038 31.456

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.


Allianz SE  (BSE:ALV) 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.


Allianz SE Shiller PE Ratio Related Terms

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


Allianz SE (BSE:ALV) Business Description

Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.