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Unum Group (BSP:U1NM34) E10 : R$29.24 (As of Sep. 2024)


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What is Unum Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Unum Group's adjusted earnings per share data for the three months ended in Sep. 2024 was R$19.161. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$29.24 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Unum Group's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 10.40% per year. During the past 10 years, the average E10 Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Unum Group was 20.40% per year. The lowest was -11.10% per year. And the median was 6.10% per year.

As of today (2024-12-14), Unum Group's current stock price is R$469.95. Unum Group's E10 for the quarter that ended in Sep. 2024 was R$29.24. Unum Group's Shiller PE Ratio of today is 16.07.

During the past 13 years, the highest Shiller PE Ratio of Unum Group was 20.03. The lowest was 3.17. And the median was 10.35.


Unum Group E10 Historical Data

The historical data trend for Unum Group's E10 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.

Unum Group E10 Chart

Unum Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 16.33 22.62 24.15 22.48

Unum Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 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 24.31 22.48 24.84 27.58 29.24

Competitive Comparison of Unum Group's E10

For the Insurance - Life subindustry, Unum Group'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.


Unum Group's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Unum Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Unum Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=19.161/133.0289*133.0289
=19.161

Current CPI (Sep. 2024) = 133.0289.

Unum Group Quarterly Data

per share eps CPI Adj_EPS
201412 -2.959 99.070 -3.973
201503 2.639 99.621 3.524
201506 2.801 100.684 3.701
201509 3.240 100.392 4.293
201512 3.609 99.792 4.811
201603 3.254 100.470 4.308
201606 3.423 101.688 4.478
201609 3.286 101.861 4.291
201612 3.589 101.863 4.687
201703 3.128 102.862 4.045
201706 3.526 103.349 4.539
201709 3.508 104.136 4.481
201712 3.921 104.011 5.015
201803 4.033 105.290 5.096
201806 4.865 106.317 6.087
201809 -5.341 106.507 -6.671
201812 4.466 105.998 5.605
201903 5.031 107.251 6.240
201906 5.128 108.070 6.312
201909 4.779 108.329 5.869
201912 5.910 108.420 7.251
202003 3.860 108.902 4.715
202006 6.745 108.767 8.250
202009 6.102 109.815 7.392
202012 3.396 109.897 4.111
202103 4.226 111.754 5.030
202106 4.475 114.631 5.193
202109 8.446 115.734 9.708
202112 4.411 117.630 4.988
202203 5.872 121.301 6.440
202206 9.136 125.017 9.722
202209 13.266 125.227 14.093
202212 7.291 125.222 7.746
202303 9.375 127.348 9.793
202306 9.610 128.729 9.931
202309 5.037 129.860 5.160
202312 8.281 129.419 8.512
202403 10.159 131.776 10.256
202406 11.042 132.554 11.082
202409 19.161 133.029 19.161

Add all the adjusted EPS together and divide 10 will get our e10.


Unum Group  (BSP:U1NM34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Unum Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=469.95/29.24
=16.07

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Unum Group was 20.03. The lowest was 3.17. And the median was 10.35.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Unum Group E10 Related Terms

Thank you for viewing the detailed overview of Unum Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Unum Group Business Description

Traded in Other Exchanges
Address
1 Fountain Square, Chattanooga, TN, USA, 37402
Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Unum Group Headlines

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