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Globe Life Shiller PE Ratio

: 14.36 (As of Today)
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As of today (2022-08-12), Globe Life's current share price is $102.23. Globe Life's E10 for the quarter that ended in Jun. 2022 was $7.12. Globe Life's Shiller PE Ratio for today is 14.36.

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

GL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.69   Med: 17.31   Max: 23.34
Current: 14.36

During the past years, Globe Life's highest Shiller PE Ratio was 23.34. The lowest was 9.69. And the median was 17.31.

GL's Shiller PE Ratio is ranked worse than
60.61% of 363 companies
in the Insurance industry
Industry Median: 12.46 vs GL: 14.36

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.

Globe Life's adjusted earnings per share data for the three months ended in Jun. 2022 was $1.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.12 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Life Shiller PE Ratio Historical Data

The historical data trend for Globe Life'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.

Globe Life Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.35 15.25 19.40 16.12 14.06

Globe Life Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 15.02 13.73 14.06 14.49 13.68

Competitive Comparison

For the Insurance - Life subindustry, Globe Life'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.

   

Globe Life Shiller PE Ratio Distribution

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

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



Globe Life 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.

Globe Life's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=102.23/7.12
=14.36

* 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.

Globe Life's E10 for the quarter that ended in Jun. 2022 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=1.79/123.3228*123.3228
=1.790

Current CPI (Jun. 2022) = 123.3228.

Globe Life Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.907 97.633 1.146
201212 1.040 96.871 1.324
201303 0.847 98.209 1.064
201306 0.960 98.518 1.202
201309 0.950 98.790 1.186
201312 1.040 98.326 1.304
201403 0.980 99.695 1.212
201406 0.980 100.560 1.202
201409 1.000 100.428 1.228
201412 1.120 99.070 1.394
201503 0.950 99.621 1.176
201506 1.000 100.684 1.225
201509 1.150 100.392 1.413
201512 1.070 99.792 1.322
201603 1.010 100.470 1.240
201606 1.130 101.688 1.370
201609 1.250 101.861 1.513
201612 1.120 101.863 1.356
201703 1.110 102.862 1.331
201706 1.180 103.349 1.408
201709 1.290 104.136 1.528
201712 8.710 104.011 10.327
201803 1.490 105.290 1.745
201806 1.590 106.317 1.844
201809 1.550 106.507 1.795
201812 1.450 105.998 1.687
201903 1.650 107.251 1.897
201906 1.670 108.070 1.906
201909 1.820 108.329 2.072
201912 1.690 108.420 1.922
202003 1.520 108.902 1.721
202006 1.620 108.767 1.837
202009 1.760 109.815 1.976
202012 1.930 109.897 2.166
202103 1.700 111.754 1.876
202106 1.920 114.631 2.066
202109 1.840 115.734 1.961
202112 1.760 117.630 1.845
202203 1.640 121.301 1.667
202206 1.790 123.323 1.790

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.


Globe Life  (NYSE:GL) 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.


Globe Life Shiller PE Ratio Related Terms

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


Globe Life Business Description

Globe Life logo
Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
Executives
Tyler Christopher Kyle officer: EVP & Chief Info. Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Kalmbach Thomas Peter officer: EVP & Chief Actuary 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Hensley Robert Edward officer: EVP & Chief Investment Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Zorn Rebecca E officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Moore Christopher Todd officer: Corp.SVP, Assoc.Counsel & Sec 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Rogers John Henry Jr other: Officer of Principal Sub 1433 ROLLING HILLS CELINA TX 75009
Mcpartland James Eric officer: EVP &Chief Information Officer 2345 TIMBERLAKE CIRCLE ALLEN TX 75013
Matson Kenneth J other: Officer of Principal Sub. FAMILY HERITAGE LIFE POST OFFICE BOX 470608 CLEVELAND OH 44147-0608
Carlson David Kendall other: Officer of Principal Sub. UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Henrie Michael Shane officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Majors Michael Clay officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY 3700 SOUTH STONEBRIDGE DRIVE MCKINNEY TX 75070
Svoboda Frank M officer: EVP & CFO 3340 PECAN HOLLOW CT GRAPEVINE TX 76051
Hutchison Larry M director, officer: Co-Chaiman & CEO P O BOX 8080 MCKINNEY TX 75010
Addison Linda director 3700 S. STONEBRIDGE DRIVE MCKINNEY TX 75070
Alexander Marilyn A director 565 DUNNEGAN DRIVE LAGUNA BEACH CA 92651

Globe Life Headlines

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