GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (MEX:MKL) » Definitions » E10

Markel Group (MEX:MKL) E10 : MXN1,591.07 (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Markel 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.

Markel Group's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN807.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN1,591.07 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Markel Group's average E10 Growth Rate was 27.70% per year. During the past 3 years, the average E10 Growth Rate was 15.40% per year. During the past 5 years, the average E10 Growth Rate was 19.60% per year. During the past 10 years, the average E10 Growth Rate was 14.20% 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 Markel Group was 33.00% per year. The lowest was -9.90% per year. And the median was 15.00% per year.

As of today (2025-03-17), Markel Group's current stock price is MXN31400.00. Markel Group's E10 for the quarter that ended in Dec. 2024 was MXN1,591.07. Markel Group's Shiller PE Ratio of today is 19.74.

During the past 13 years, the highest Shiller PE Ratio of Markel Group was 51.86. The lowest was 18.26. And the median was 31.74.


Markel Group E10 Historical Data

The historical data trend for Markel 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.

Markel Group E10 Chart

Markel Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 885.53 1,066.59 1,038.77 1,128.62 1,591.07

Markel Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,128.62 1,279.46 1,409.43 1,527.95 1,591.07

Competitive Comparison of Markel Group's E10

For the Insurance - Property & Casualty subindustry, Markel 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.


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

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

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



Markel 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, Markel Group's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=807.95/133.1571*133.1571
=807.950

Current CPI (Dec. 2024) = 133.1571.

Markel Group Quarterly Data

per share eps CPI Adj_EPS
201503 205.655 99.621 274.886
201506 105.438 100.684 139.445
201509 124.876 100.392 165.633
201512 243.137 99.792 324.428
201603 191.936 100.470 254.380
201606 100.050 101.688 131.012
201609 108.279 101.861 141.547
201612 187.821 101.863 245.524
201703 73.433 102.862 95.060
201706 186.364 103.349 240.115
201709 -341.545 104.136 -436.730
201712 596.844 104.011 764.092
201803 -77.212 105.290 -97.648
201806 392.400 106.317 491.464
201809 533.092 106.507 666.484
201812 -1,057.934 105.998 -1,329.002
201903 829.458 107.251 1,029.815
201906 692.865 108.070 853.709
201909 275.401 108.329 338.519
201912 683.864 108.420 839.894
202003 -2,358.869 108.902 -2,884.259
202006 1,517.648 108.767 1,857.963
202009 685.484 109.815 831.190
202012 1,180.192 109.897 1,429.987
202103 858.931 111.754 1,023.430
202106 1,135.040 114.631 1,318.475
202109 310.281 115.734 356.991
202112 1,280.894 117.630 1,449.978
202203 -129.421 121.301 -142.071
202206 -1,391.160 125.017 -1,481.744
202209 61.954 125.227 65.878
202212 956.279 125.222 1,016.878
202303 671.611 127.348 702.248
202306 858.738 128.729 888.279
202309 54.695 129.860 56.084
202312 958.706 129.419 986.394
202403 1,251.856 131.776 1,264.974
202406 341.120 132.554 342.673
202409 1,304.482 133.029 1,305.739
202412 807.950 133.157 807.950

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


Markel Group  (MEX:MKL) 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.

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

Shiller PE Ratio=Share Price/E10
=31400.00/1591.07
=19.74

* 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 Markel Group was 51.86. The lowest was 18.26. And the median was 31.74.


Be Aware

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


Markel Group E10 Related Terms

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


Markel Group Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.