GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RLI Corp (NYSE:RLI) » Definitions » E10

RLI (RLI) E10 : $2.90 (As of Mar. 2025)


View and export this data going back to 1972. Start your Free Trial

What is RLI 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.

RLI's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, RLI's average E10 Growth Rate was 5.80% per year. During the past 3 years, the average E10 Growth Rate was 17.10% per year. During the past 5 years, the average E10 Growth Rate was 15.40% per year. During the past 10 years, the average E10 Growth Rate was 7.20% 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 RLI was 23.10% per year. The lowest was -1.60% per year. And the median was 10.50% per year.

As of today (2025-07-09), RLI's current stock price is $71.53. RLI's E10 for the quarter that ended in Mar. 2025 was $2.90. RLI's Shiller PE Ratio of today is 24.67.

During the past 13 years, the highest Shiller PE Ratio of RLI was 38.32. The lowest was 17.91. And the median was 26.65.


RLI E10 Historical Data

The historical data trend for RLI'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.

RLI E10 Chart

RLI 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 1.53 1.77 2.37 2.60 2.84

RLI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.74 2.79 2.85 2.84 2.90

Competitive Comparison of RLI's E10

For the Insurance - Property & Casualty subindustry, RLI'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.


RLI's Shiller PE Ratio Distribution in the Insurance Industry

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

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


;
;

RLI 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, RLI's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.68/134.9266*134.9266
=0.680

Current CPI (Mar. 2025) = 134.9266.

RLI Quarterly Data

per share eps CPI Adj_EPS
201506 0.420 100.684 0.563
201509 0.405 100.392 0.544
201512 0.380 99.792 0.514
201603 0.355 100.470 0.477
201606 0.325 101.688 0.431
201609 0.250 101.861 0.331
201612 0.360 101.863 0.477
201703 0.225 102.862 0.295
201706 0.295 103.349 0.385
201709 0.020 104.136 0.026
201712 0.645 104.011 0.837
201803 0.135 105.290 0.173
201806 0.370 106.317 0.470
201809 0.440 106.507 0.557
201812 -0.232 105.998 -0.295
201903 0.730 107.251 0.918
201906 0.445 108.070 0.556
201909 0.355 108.329 0.442
201912 0.590 108.420 0.734
202003 -0.680 108.902 -0.843
202006 1.020 108.767 1.265
202009 0.465 109.815 0.571
202012 0.920 109.897 1.130
202103 0.800 111.754 0.966
202106 0.895 114.631 1.053
202109 0.320 115.734 0.373
202112 1.040 117.630 1.193
202203 0.525 121.301 0.584
202206 -0.025 125.017 -0.027
202209 4.805 125.227 5.177
202212 1.065 125.222 1.148
202303 1.075 127.348 1.139
202306 0.845 128.729 0.886
202309 0.145 129.860 0.151
202312 1.245 129.419 1.298
202403 1.390 131.776 1.423
202406 0.890 132.554 0.906
202409 1.030 133.029 1.045
202412 0.440 133.157 0.446
202503 0.680 134.927 0.680

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


RLI  (NYSE:RLI) 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.

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

Shiller PE Ratio=Share Price/E10
=71.53/2.90
=24.67

* 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 RLI was 38.32. The lowest was 17.91. And the median was 26.65.


Be Aware

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


RLI E10 Related Terms

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


RLI Business Description

Traded in Other Exchanges
N/A
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include Casualty, Property, and Surety and it derives a majority of its revenue from the Casualty segment.
Executives
Restrepo Robert P Jr director
Jordan W Graham director 210 DEVONSHIRE BOULEVARD, SAN CARLOS CA 94070-1637
David B. Duclos director 505 EAVLEVIEW BLVD, SUITE 100, EXTON PA 19341
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
Craig W Kliethermes other: VP, Actuarial RLI Insurance Co 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Jeffrey D Fick officer: Vice President Human Resources 9025 N. LINDBERGH DRIVE, 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603