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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Shiller PE Ratio : 18.84 (As of Apr. 25, 2024)


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What is Munchener Ruckversicherungs-Gesellschaft AG Shiller PE Ratio?

As of today (2024-04-25), Munchener Ruckversicherungs-Gesellschaft AG's current share price is $45.98. Munchener Ruckversicherungs-Gesellschaft AG's E10 for the quarter that ended in Dec. 2023 was $2.44. Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio for today is 18.84.

The historical rank and industry rank for Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio or its related term are showing as below:

MURGY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.89   Med: 15.95   Max: 20.8
Current: 19.82

During the past years, Munchener Ruckversicherungs-Gesellschaft AG's highest Shiller PE Ratio was 20.80. The lowest was 9.89. And the median was 15.95.

MURGY's Shiller PE Ratio is ranked worse than
68.44% of 358 companies
in the Insurance industry
Industry Median: 13.36 vs MURGY: 19.82

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.

Munchener Ruckversicherungs-Gesellschaft AG's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.819. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munchener Ruckversicherungs-Gesellschaft AG Shiller PE Ratio Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Shiller PE Ratio Chart

Munchener Ruckversicherungs-Gesellschaft AG 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 18.78 18.20 16.67 15.25 17.26

Munchener Ruckversicherungs-Gesellschaft AG 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 15.25 15.58 16.13 16.85 17.26

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.


Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio falls into.



Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.98/2.44
=18.84

* 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.

Munchener Ruckversicherungs-Gesellschaft AG's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Munchener Ruckversicherungs-Gesellschaft AG'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)
=0.819/123.6675*123.6675
=0.819

Current CPI (Dec. 2023) = 123.6675.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.737 99.543 0.916
201406 0.596 99.543 0.740
201409 0.552 99.823 0.684
201412 0.530 99.543 0.658
201503 0.510 99.717 0.632
201506 0.721 100.417 0.888
201509 0.352 100.417 0.434
201512 0.485 99.717 0.601
201603 0.295 100.017 0.365
201606 0.680 100.717 0.835
201609 0.483 101.017 0.591
201612 0.330 101.217 0.403
201703 0.380 101.417 0.463
201706 0.529 102.117 0.641
201709 -1.117 102.717 -1.345
201712 0.407 102.617 0.490
201803 0.677 102.917 0.813
201806 0.565 104.017 0.672
201809 0.398 104.718 0.470
201812 0.200 104.217 0.237
201903 0.492 104.217 0.584
201906 0.777 105.718 0.909
201909 0.680 106.018 0.793
201912 0.170 105.818 0.199
202003 0.173 105.718 0.202
202006 0.466 106.618 0.541
202009 0.170 105.818 0.199
202012 0.180 105.518 0.211
202103 0.505 107.518 0.581
202106 0.951 108.486 1.084
202109 0.307 109.435 0.347
202112 0.701 110.384 0.785
202203 1.160 113.968 1.259
202206 1.197 115.760 1.279
202209 0.786 118.818 0.818
202212 0.881 119.345 0.913
202303 0.995 122.402 1.005
202306 0.915 123.140 0.919
202309 0.919 124.195 0.915
202312 0.819 123.668 0.819

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.


Munchener Ruckversicherungs-Gesellschaft AG  (OTCPK:MURGY) 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.


Munchener Ruckversicherungs-Gesellschaft AG Shiller PE Ratio Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Business Description

Traded in Other Exchanges
Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Headlines

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