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RLI (RLI) Shiller PE Ratio

: 26.41 (As of Today)
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As of today (2024-04-19), RLI's current share price is $137.09. RLI's E10 for the quarter that ended in Dec. 2023 was $5.19. RLI's Shiller PE Ratio for today is 26.41.

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

RLI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.54   Med: 24.57   Max: 38.19
Current: 26.41

During the past years, RLI's highest Shiller PE Ratio was 38.19. The lowest was 13.54. And the median was 24.57.

RLI's Shiller PE Ratio is ranked worse than
80.83% of 360 companies
in the Insurance industry
Industry Median: 13.06 vs RLI: 26.41

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.

RLI's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RLI Shiller PE Ratio Historical Data

The historical data trend for RLI'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.

RLI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.64 33.96 31.64 27.70 25.64

RLI 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 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 27.70 26.79 26.79 26.89 25.64

Competitive Comparison

For the Insurance - Property & Casualty subindustry, RLI'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.


RLI Shiller PE Ratio Distribution

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

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



RLI 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.

RLI's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=137.09/5.19
=26.41

* 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.

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

For example, RLI'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)
=2.49/129.4194*129.4194
=2.490

Current CPI (Dec. 2023) = 129.4194.

RLI Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.660 99.695 0.857
201406 0.820 100.560 1.055
201409 0.760 100.428 0.979
201412 0.850 99.070 1.110
201503 0.700 99.621 0.909
201506 0.840 100.684 1.080
201509 0.810 100.392 1.044
201512 0.760 99.792 0.986
201603 0.710 100.470 0.915
201606 0.650 101.688 0.827
201609 0.500 101.861 0.635
201612 0.720 101.863 0.915
201703 0.450 102.862 0.566
201706 0.590 103.349 0.739
201709 0.040 104.136 0.050
201712 1.290 104.011 1.605
201803 0.270 105.290 0.332
201806 0.740 106.317 0.901
201809 0.880 106.507 1.069
201812 -0.464 105.998 -0.567
201903 1.460 107.251 1.762
201906 0.890 108.070 1.066
201909 0.710 108.329 0.848
201912 1.180 108.420 1.409
202003 -1.360 108.902 -1.616
202006 2.040 108.767 2.427
202009 0.930 109.815 1.096
202012 1.840 109.897 2.167
202103 1.600 111.754 1.853
202106 1.790 114.631 2.021
202109 0.640 115.734 0.716
202112 2.080 117.630 2.288
202203 1.050 121.301 1.120
202206 -0.050 125.017 -0.052
202209 9.610 125.227 9.932
202212 2.130 125.222 2.201
202303 2.150 127.348 2.185
202306 1.690 128.729 1.699
202309 0.290 129.860 0.289
202312 2.490 129.419 2.490

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.


RLI  (NYSE:RLI) 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.


RLI Shiller PE Ratio Related Terms

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


RLI (RLI) Business Description

Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615