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Everest Group (Everest Group) E10 : $26.87 (As of Dec. 2023)


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What is Everest 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.

Everest Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $18.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $26.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Everest Group's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 years, the average E10 Growth Rate was 11.30% per year. During the past 10 years, the average E10 Growth Rate was 8.90% 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 Everest Group was 19.60% per year. The lowest was 3.50% per year. And the median was 10.40% per year.

As of today (2024-04-27), Everest Group's current stock price is $364.70. Everest Group's E10 for the quarter that ended in Dec. 2023 was $26.87. Everest Group's Shiller PE Ratio of today is 13.57.

During the past 13 years, the highest Shiller PE Ratio of Everest Group was 17.03. The lowest was 9.46. And the median was 14.20.


Everest Group E10 Historical Data

The historical data trend for Everest 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.

Everest Group E10 Chart

Everest 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 17.28 17.52 22.48 23.44 26.87

Everest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.44 23.79 24.95 26.10 26.87

Competitive Comparison of Everest Group's E10

For the Insurance - Reinsurance subindustry, Everest 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.


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

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

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



Everest 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, Everest Group'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)
=18.53/129.4194*129.4194
=18.530

Current CPI (Dec. 2023) = 129.4194.

Everest Group Quarterly Data

per share eps CPI Adj_EPS
201403 6.210 99.695 8.062
201406 6.260 100.560 8.057
201409 6.000 100.428 7.732
201412 7.470 99.070 9.758
201503 7.190 99.621 9.341
201506 4.680 100.684 6.016
201509 2.000 100.392 2.578
201512 8.260 99.792 10.712
201603 4.000 100.470 5.153
201606 3.670 101.688 4.671
201609 7.060 101.861 8.970
201612 9.080 101.863 11.536
201703 7.070 102.862 8.895
201706 5.950 103.349 7.451
201709 -15.730 104.136 -19.549
201712 13.850 104.011 17.233
201803 5.110 105.290 6.281
201806 1.700 106.317 2.069
201809 4.840 106.507 5.881
201812 -9.500 105.998 -11.599
201903 8.670 107.251 10.462
201906 8.150 108.070 9.760
201909 2.560 108.329 3.058
201912 5.320 108.420 6.350
202003 0.410 108.902 0.487
202006 4.770 108.767 5.676
202009 6.070 109.815 7.154
202012 1.600 109.897 1.884
202103 8.520 111.754 9.867
202106 16.950 114.631 19.137
202109 -1.880 115.734 -2.102
202112 10.900 117.630 11.992
202203 7.560 121.301 8.066
202206 3.110 125.017 3.220
202209 -8.220 125.227 -8.495
202212 12.620 125.222 13.043
202303 9.310 127.348 9.461
202306 16.260 128.729 16.347
202309 15.630 129.860 15.577
202312 18.530 129.419 18.530

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


Everest Group  (NYSE:EG) 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.

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

Shiller PE Ratio=Share Price/E10
=364.70/26.87
=13.57

* 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 Everest Group was 17.03. The lowest was 9.46. And the median was 14.20.


Be Aware

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


Everest Group E10 Related Terms

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


Everest Group (Everest Group) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
Executives
Juan C Andrade officer: President and CEO THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John A Weber director COPLEY SQUARE CAPITAL MANAGEMENT, 108 MYRTLE STREET, NORTH QUINCY MA 02171
Sanjoy Mukherjee officer: General Counsel 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Galtney William F Jr director THE GALTNEY GROUP, INC., 820 GESSNER, SUITE 1000, HOUSTON TX 77024-4259
Roger M. Singer director P.O. BOX 2756, DURANGO CO 81302
John P Doucette officer: Executive VP and CUO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Mike Karmilowicz officer: EVP, Pres/CEO Insurance Div 100 EVEREST WAY, WARREN NJ 07059
James Allan Williamson officer: EVP, Chief Operating Officer 100 EVEREST WAY, WARREN NJ 07059
Mark Kociancic officer: EVP & CFO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Geraldine Losquadro director 200 EAST 74TH STREET APT 10, NEW YORK CITY NY 10021
Joseph V Taranto director, officer: Chairman and CEO EVEREST REINSURANCE CO, 100 EVEREST WAY, WARREN NJ 07059
John A Graf director 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Jonathan Zaffino officer: SVP & President Everest Nat'l 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938