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Dai-ichi Life Holdings (TSE:8750) Shiller PE Ratio : 15.92 (As of Apr. 28, 2024)


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What is Dai-ichi Life Holdings Shiller PE Ratio?

As of today (2024-04-28), Dai-ichi Life Holdings's current share price is 円3611.00. Dai-ichi Life Holdings's E10 for the quarter that ended in Dec. 2023 was 円226.76. Dai-ichi Life Holdings's Shiller PE Ratio for today is 15.92.

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

TSE:8750' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.26   Med: 13.7   Max: 21.01
Current: 15.92

During the past years, Dai-ichi Life Holdings's highest Shiller PE Ratio was 21.01. The lowest was 8.26. And the median was 13.70.

TSE:8750's Shiller PE Ratio is ranked worse than
58.17% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs TSE:8750: 15.92

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.

Dai-ichi Life Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円62.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円226.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dai-ichi Life Holdings Shiller PE Ratio Historical Data

The historical data trend for Dai-ichi Life Holdings'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.

Dai-ichi Life Holdings Shiller PE Ratio Chart

Dai-ichi Life Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.48 10.99 12.84 13.41 11.71

Dai-ichi Life Holdings 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 14.65 11.71 12.83 13.94 13.19

Competitive Comparison of Dai-ichi Life Holdings's Shiller PE Ratio

For the Insurance - Life subindustry, Dai-ichi Life Holdings'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.


Dai-ichi Life Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Dai-ichi Life Holdings's Shiller PE Ratio falls into.



Dai-ichi Life Holdings 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.

Dai-ichi Life Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3611.00/226.76
=15.92

* 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.

Dai-ichi Life Holdings's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Dai-ichi Life Holdings'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)
=62.04/106.8000*106.8000
=62.040

Current CPI (Dec. 2023) = 106.8000.

Dai-ichi Life Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.060 95.700 4.531
201406 68.950 98.000 75.141
201409 44.210 98.500 47.935
201412 4.020 97.900 4.385
201503 7.690 97.900 8.389
201506 96.950 98.400 105.226
201509 16.920 98.500 18.346
201512 32.350 98.100 35.219
201603 4.220 97.900 4.604
201606 41.030 98.100 44.669
201609 48.970 98.000 53.367
201612 65.840 98.400 71.460
201703 40.640 98.100 44.244
201706 61.160 98.500 66.314
201709 48.000 98.800 51.887
201712 60.500 99.400 65.004
201803 140.790 99.200 151.576
201806 35.540 99.200 38.263
201809 64.330 99.900 68.773
201812 29.960 99.700 32.094
201903 64.460 99.700 69.050
201906 45.230 99.800 48.402
201909 35.110 100.100 37.460
201912 31.450 100.500 33.421
202003 -83.340 100.300 -88.741
202006 36.140 99.900 38.636
202009 37.930 99.900 40.550
202012 73.410 99.300 78.955
202103 177.930 99.900 190.219
202106 125.340 99.500 134.536
202109 38.020 100.100 40.565
202112 107.620 100.100 114.823
202203 111.980 101.100 118.293
202206 87.180 101.800 91.462
202209 30.010 103.100 31.087
202212 32.620 104.100 33.466
202303 39.400 104.400 40.306
202306 68.450 105.200 69.491
202309 91.630 106.200 92.148
202312 62.040 106.800 62.040

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.


Dai-ichi Life Holdings  (TSE:8750) 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.


Dai-ichi Life Holdings Shiller PE Ratio Related Terms

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Dai-ichi Life Holdings (TSE:8750) Business Description

Traded in Other Exchanges
Address
13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.

Dai-ichi Life Holdings (TSE:8750) Headlines

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