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SIC Insurance Co (XGHA:SIC) Shiller PE Ratio : 3.57 (As of Jun. 06, 2024)


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What is SIC Insurance Co Shiller PE Ratio?

As of today (2024-06-06), SIC Insurance Co's current share price is GHS0.25. SIC Insurance Co's E10 for the fiscal year that ended in Dec22 was GHS0.07. SIC Insurance Co's Shiller PE Ratio for today is 3.57.

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

XGHA:SIC's Shiller PE Ratio is not ranked *
in the Insurance industry.
Industry Median: 13.32
* 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.

SIC Insurance Co's adjusted earnings per share data of for the fiscal year that ended in Dec22 was GHS0.092. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is GHS0.07 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIC Insurance Co Shiller PE Ratio Historical Data

The historical data trend for SIC Insurance Co'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.

SIC Insurance Co Shiller PE Ratio Chart

SIC Insurance Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.88 4.60 3.41 1.54 4.61

SIC Insurance Co Quarterly Data
Dec15 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 - - - 1.54 4.61

Competitive Comparison of SIC Insurance Co's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, SIC Insurance Co'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.


SIC Insurance Co's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where SIC Insurance Co's Shiller PE Ratio falls into.



SIC Insurance Co 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.

SIC Insurance Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.25/0.07
=3.57

* 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.

SIC Insurance Co's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, SIC Insurance Co's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.092/125.2218*125.2218
=0.092

Current CPI (Dec22) = 125.2218.

SIC Insurance Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.005 98.326 0.006
201412 -0.041 99.070 -0.052
201512 0.023 99.792 0.029
201612 -0.061 101.863 -0.075
201712 -0.067 104.011 -0.081
201812 0.235 105.998 0.278
201912 0.054 108.420 0.062
202012 0.074 109.897 0.084
202112 0.308 117.630 0.328
202212 0.092 125.222 0.092

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.


SIC Insurance Co  (XGHA:SIC) 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.


SIC Insurance Co Shiller PE Ratio Related Terms

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SIC Insurance Co (XGHA:SIC) Business Description

Traded in Other Exchanges
N/A
Address
28/29 Ring Road East, Nyemitei House, P. O. Box 2363, Osu, Accra, GHA
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products including Motor insurance, Fire insurance, Marine and aviation insurance; and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.

SIC Insurance Co (XGHA:SIC) Headlines