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Aflac (NYSE:AFL) Shiller PE Ratio

: 12.87 (As of Today)
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As of today (2023-02-04), Aflac's current share price is $69.39. Aflac's E10 for the quarter that ended in Sep. 2022 was $5.39. Aflac's Shiller PE Ratio for today is 12.87.

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

AFL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.28   Med: 13.47   Max: 16.38
Current: 12.87

During the past years, Aflac's highest Shiller PE Ratio was 16.38. The lowest was 7.28. And the median was 13.47.

AFL's Shiller PE Ratio is ranked worse than
52.54% of 354 companies
in the Insurance industry
Industry Median: 12.22 vs AFL: 12.87

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.

Aflac's adjusted earnings per share data for the three months ended in Sep. 2022 was $2.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.39 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aflac Shiller PE Ratio Historical Data

The historical data trend for Aflac'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.

Aflac Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.70 14.48 10.90 12.25 -

Aflac Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 12.25 12.96 10.50 10.42 -

Competitive Comparison

For the Insurance - Life subindustry, Aflac'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.

   

Aflac Shiller PE Ratio Distribution

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

* The bar in red indicates where Aflac's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Aflac 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.

Aflac's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.39/5.39
=12.87

* 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.

Aflac's E10 for the quarter that ended in Sep. 2022 is calculated as:

For example, Aflac's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.53/125.2265*125.2265
=2.530

Current CPI (Sep. 2022) = 125.2265.

Aflac Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.620 96.871 0.801
201303 0.950 98.209 1.211
201306 0.950 98.518 1.208
201309 0.750 98.790 0.951
201312 0.725 98.326 0.923
201403 0.800 99.695 1.005
201406 0.890 100.560 1.108
201409 0.780 100.428 0.973
201412 0.785 99.070 0.992
201503 0.755 99.621 0.949
201506 0.660 100.684 0.821
201509 0.660 100.392 0.823
201512 0.855 99.792 1.073
201603 0.870 100.470 1.084
201606 0.660 101.688 0.813
201609 0.765 101.861 0.940
201612 0.915 101.863 1.125
201703 0.730 102.862 0.889
201706 0.890 103.349 1.078
201709 0.900 104.136 1.082
201712 2.975 104.011 3.582
201803 0.910 105.290 1.082
201806 1.070 106.317 1.260
201809 1.090 106.507 1.282
201812 0.690 105.998 0.815
201903 1.230 107.251 1.436
201906 1.090 108.070 1.263
201909 1.040 108.329 1.202
201912 1.060 108.420 1.224
202003 0.780 108.902 0.897
202006 1.120 108.767 1.289
202009 3.440 109.815 3.923
202012 1.360 109.897 1.550
202103 1.870 111.754 2.095
202106 1.620 114.631 1.770
202109 1.320 115.734 1.428
202112 1.570 117.630 1.671
202203 1.580 121.301 1.631
202206 2.160 125.017 2.164
202209 2.530 125.227 2.530

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.


Aflac  (NYSE:AFL) 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.


Aflac Shiller PE Ratio Related Terms

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


Aflac (NYSE:AFL) Business Description

Aflac logo
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Virgil Raynard Miller officer: President, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin officer: Executive Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nobuchika Mori director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
Richard Jr Williams officer: Executive V.P. 1932 WYNNTON RD, COLUMBUS GA 31999
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Katherine Rohrer director 1932 WYNNTON RD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
Max Broden officer: Senior Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Toshihiko Fukuzawa director 1932 WYNNTON RD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999

Aflac (NYSE:AFL) Headlines

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