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Munchener Ruckversicherungs-Gesellschaft AG (MEX:MUV2) E10 : MXN542.03 (As of Dec. 2024)


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What is Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN164.694. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN542.03 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Munchener Ruckversicherungs-Gesellschaft AG's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 Munchener Ruckversicherungs-Gesellschaft AG was 17.70% per year. The lowest was -8.90% per year. And the median was 8.90% per year.

As of today (2025-03-24), Munchener Ruckversicherungs-Gesellschaft AG's current stock price is MXN11227.16. Munchener Ruckversicherungs-Gesellschaft AG's E10 for the quarter that ended in Dec. 2024 was MXN542.03. Munchener Ruckversicherungs-Gesellschaft AG's Shiller PE Ratio of today is 20.71.

During the past 13 years, the highest Shiller PE Ratio of Munchener Ruckversicherungs-Gesellschaft AG was 24.19. The lowest was 9.89. And the median was 16.19.


Munchener Ruckversicherungs-Gesellschaft AG E10 Historical Data

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

Munchener Ruckversicherungs-Gesellschaft AG E10 Chart

Munchener Ruckversicherungs-Gesellschaft AG 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 330.81 354.79 387.91 343.25 542.03

Munchener Ruckversicherungs-Gesellschaft AG 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 343.25 412.51 413.83 515.44 542.03

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's E10

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 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, Munchener Ruckversicherungs-Gesellschaft AG'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)
=164.694/127.0412*127.0412
=164.694

Current CPI (Dec. 2024) = 127.0412.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

per share eps CPI Adj_EPS
201503 77.710 99.717 99.004
201506 113.054 100.417 143.029
201509 59.551 100.417 75.340
201512 83.353 99.717 106.194
201603 50.799 100.017 64.525
201606 125.714 100.717 158.572
201609 93.314 101.017 117.354
201612 68.056 101.217 85.420
201703 71.490 101.417 89.553
201706 95.661 102.117 119.009
201709 -202.678 102.717 -250.674
201712 79.953 102.617 98.983
201803 122.984 102.917 151.812
201806 111.102 104.017 135.694
201809 74.427 104.718 90.293
201812 39.222 104.217 47.812
201903 95.346 104.217 116.227
201906 149.330 105.718 179.450
201909 134.150 106.018 160.752
201912 31.998 105.818 38.416
202003 40.678 105.718 48.883
202006 107.612 106.618 128.226
202009 37.469 105.818 44.984
202012 35.755 105.518 43.048
202103 103.178 107.518 121.913
202106 189.227 108.486 221.592
202109 63.137 109.435 73.295
202112 143.714 110.384 165.402
202203 230.906 113.968 257.393
202206 240.735 115.760 264.195
202209 158.132 118.818 169.076
202212 171.829 119.345 182.910
202303 179.285 122.402 186.080
202306 156.951 123.140 161.923
202309 160.061 124.195 163.730
202312 139.036 123.773 142.707
202403 287.909 125.038 292.521
202406 239.798 125.882 242.007
202409 153.414 126.198 154.439
202412 164.694 127.041 164.694

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


Munchener Ruckversicherungs-Gesellschaft AG  (MEX:MUV2) 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.

Munchener Ruckversicherungs-Gesellschaft AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11227.16/542.03
=20.71

* 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 Munchener Ruckversicherungs-Gesellschaft AG was 24.19. The lowest was 9.89. And the median was 16.19.


Be Aware

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


Munchener Ruckversicherungs-Gesellschaft AG E10 Related Terms

Thank you for viewing the detailed overview of Munchener Ruckversicherungs-Gesellschaft AG's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl von Thieme amid a flurry of other reinsurance companies set up independent of primaries. Then, most reinsurers typically focused on a few customers with strong reputations. Thieme focused 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 von Thieme and Wilhelm von Finck 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.

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