GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Platinum Underwriters Holdings Ltd (FRA:PMU) » Definitions » Shiller PE Ratio

Platinum Underwriters Holdings (FRA:PMU) Shiller PE Ratio : 16.39 (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is Platinum Underwriters Holdings Shiller PE Ratio?

As of today (2024-06-09), Platinum Underwriters Holdings's current share price is €65.56. Platinum Underwriters Holdings's E10 for the quarter that ended in Dec. 2014 was €4.00. Platinum Underwriters Holdings's Shiller PE Ratio for today is 16.39.

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

FRA:PMU's Shiller PE Ratio is not ranked *
in the Insurance industry.
Industry Median: 12.96
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Platinum Underwriters Holdings's adjusted earnings per share data for the three months ended in Dec. 2014 was €1.155. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.00 for the trailing ten years ended in Dec. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Platinum Underwriters Holdings Shiller PE Ratio Historical Data

The historical data trend for Platinum Underwriters Holdings'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.

Platinum Underwriters Holdings Shiller PE Ratio Chart

Platinum Underwriters Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.34 17.40

Platinum Underwriters Holdings Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 16.34 15.36 16.38 14.37 17.40

Competitive Comparison of Platinum Underwriters Holdings's Shiller PE Ratio

For the Insurance - Reinsurance subindustry, Platinum Underwriters 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.


Platinum Underwriters Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Platinum Underwriters Holdings's Shiller PE Ratio falls into.



Platinum Underwriters Holdings 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.

Platinum Underwriters Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=65.56/4
=16.39

* 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.

Platinum Underwriters Holdings's E10 for the quarter that ended in Dec. 2014 is calculated as:

For example, Platinum Underwriters Holdings's adjusted earnings per share data for the three months ended in Dec. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=1.155/99.0697*99.0697
=1.155

Current CPI (Dec. 2014) = 99.0697.

Platinum Underwriters Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200503 1.129 81.555 1.371
200506 1.144 82.062 1.381
200509 -3.284 83.876 -3.879
200512 -1.655 83.032 -1.975
200603 0.964 84.298 1.133
200606 0.980 85.606 1.134
200609 1.006 85.606 1.164
200612 0.857 85.142 0.997
200703 0.815 86.640 0.932
200706 0.998 87.906 1.125
200709 0.985 87.964 1.109
200712 1.074 88.616 1.201
200803 1.133 90.090 1.246
200806 1.170 92.320 1.256
200809 -0.690 92.307 -0.741
200812 0.834 88.697 0.932
200903 1.210 89.744 1.336
200906 1.357 91.003 1.477
200909 1.441 91.120 1.567
200912 1.206 91.111 1.311
201003 0.236 91.821 0.255
201006 2.192 91.962 2.361
201009 1.625 92.162 1.747
201012 -0.347 92.474 -0.372
201103 -2.995 94.283 -3.147
201106 -0.382 95.235 -0.397
201109 -1.040 95.727 -1.076
201112 0.148 95.213 0.154
201203 1.128 96.783 1.155
201206 1.570 96.819 1.606
201209 1.971 97.633 2.000
201212 2.776 96.871 2.839
201303 2.030 98.209 2.048
201306 1.220 98.518 1.227
201309 0.987 98.790 0.990
201312 1.238 98.326 1.247
201403 1.641 99.695 1.631
201406 0.986 100.560 0.971
201409 0.869 100.428 0.857
201412 1.155 99.070 1.155

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.


Platinum Underwriters Holdings  (FRA:PMU) 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.


Platinum Underwriters Holdings Shiller PE Ratio Related Terms

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


Platinum Underwriters Holdings (FRA:PMU) Business Description

Traded in Other Exchanges
N/A
Address
Platinum Underwriters Holdings, Ltd. was incorporated on April 19, 2002. It operates as a holding company domiciled in Bermuda. Through its operating subsidiaries, it provides property and marine, casualty and finite risk reinsurance coverages, through reinsurance intermediaries, to a diverse clientele of commercial and personal lines insurers and select reinsurers on a basis. The Company operates through two licensed reinsurance subsidiaries, Platinum Underwriters Bermuda, Ltd., a Bermuda reinsurance company and wholly owned subsidiary of Platinum Holdings, and Platinum Underwriters Reinsurance, Inc., a U.S. reinsurance company and a wholly owned subsidiary of Platinum Underwriters Finance, Inc. The Company operates in Property and Marine, Casualty and Finite Risk segments. It provides reinsurance coverage for damage to property and crops. It provides reinsurance coverage for marine and offshore energy insurance programs. Coverages reinsured include hull damage, protection and indemnity, cargo damage, satellite damage and general marine liability. Within Marine, it also writes commercial and general aviation reinsurance. Casualty reinsurance protects a ceding company against financial loss arising out of the obligation to others for loss or damage to persons or property. The Company's Casualty operating segment mainly includes reinsurance contracts that cover umbrella liability, general and product liability, professional liability, workers' compensation, casualty clash, automobile liability, surety, trade credit, political risk and accident and health. Finite reinsurance includes mainly structured reinsurance contracts with ceding companies whose needs might not be met efficiently through traditional reinsurance products. Reinsurance contracts classified as finite are typically structured to include loss limitation or loss mitigation features. It markets its reinsurance products mainly through non-exclusive relationships with reinsurance brokers. The property and casualty reinsurance industry is competitive. It competes with Arch Capital Group Ltd., Axis Capital Holdings Limited, Endurance Specialty Holdings Ltd., Everest Re Group, Ltd., Montpelier Re Holdings Ltd., PartnerRe Ltd., RenaissanceRe Holdings Ltd. and Transatlantic Holdings, Inc. The business of reinsurance is regulated in several countries, although the degree and type of regulation. Reinsurers are generally subject to less direct regulation than main insurers.

Platinum Underwriters Holdings (FRA:PMU) Headlines

No Headlines