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Assurant (FRA:ZAS) Shiller PE Ratio : 18.79 (As of Apr. 26, 2024)


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What is Assurant Shiller PE Ratio?

As of today (2024-04-26), Assurant's current share price is €164.00. Assurant's E10 for the quarter that ended in Dec. 2023 was €8.73. Assurant's Shiller PE Ratio for today is 18.79.

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

FRA:ZAS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.65   Med: 16.55   Max: 24.02
Current: 18.18

During the past years, Assurant's highest Shiller PE Ratio was 24.02. The lowest was 10.65. And the median was 16.55.

FRA:ZAS's Shiller PE Ratio is ranked worse than
65.36% of 358 companies
in the Insurance industry
Industry Median: 13.36 vs FRA:ZAS: 18.18

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.

Assurant's adjusted earnings per share data for the three months ended in Dec. 2023 was €3.136. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €8.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assurant Shiller PE Ratio Historical Data

The historical data trend for Assurant'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.

Assurant Shiller PE Ratio Chart

Assurant 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 21.49 20.71 17.90 13.80 17.30

Assurant 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 13.80 13.00 13.37 14.93 17.30

Competitive Comparison of Assurant's Shiller PE Ratio

For the Insurance - Specialty subindustry, Assurant'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.


Assurant's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Assurant 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.

Assurant's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=164.00/8.73
=18.79

* 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.

Assurant's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Assurant'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)
=3.136/129.4194*129.4194
=3.136

Current CPI (Dec. 2023) = 129.4194.

Assurant Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.345 99.695 1.746
201406 1.435 100.560 1.847
201409 1.490 100.428 1.920
201412 0.560 99.070 0.732
201503 0.656 99.621 0.852
201506 0.419 100.684 0.539
201509 -0.089 100.392 -0.115
201512 0.890 99.792 1.154
201603 2.999 100.470 3.863
201606 2.403 101.688 3.058
201609 2.112 101.861 2.683
201612 0.512 101.863 0.651
201703 2.366 102.862 2.977
201706 1.922 103.349 2.407
201709 -0.881 104.136 -1.095
201712 4.867 104.011 6.056
201803 1.590 105.290 1.954
201806 0.933 106.317 1.136
201809 0.651 106.507 0.791
201812 0.281 105.998 0.343
201903 2.230 107.251 2.691
201906 1.956 108.070 2.342
201909 -0.872 108.329 -1.042
201912 1.782 108.420 2.127
202003 2.199 108.902 2.613
202006 2.495 108.767 2.969
202009 -0.492 109.815 -0.580
202012 1.833 109.897 2.159
202103 2.218 111.754 2.569
202106 2.789 114.631 3.149
202109 12.572 115.734 14.059
202112 1.947 117.630 2.142
202203 2.406 121.301 2.567
202206 0.899 125.017 0.931
202209 0.141 125.227 0.146
202212 1.199 125.222 1.239
202303 1.980 127.348 2.012
202306 2.677 128.729 2.691
202309 3.317 129.860 3.306
202312 3.136 129.419 3.136

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.


Assurant  (FRA:ZAS) 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.


Assurant Shiller PE Ratio Related Terms

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


Assurant (FRA:ZAS) Business Description

Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

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