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Conifer Holdings (STU:9KK) E10 : €-0.56 (As of Sep. 2024)


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What is Conifer Holdings 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.

Conifer Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was €3.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.56 for the trailing ten years ended in Sep. 2024.

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.

As of today (2024-12-14), Conifer Holdings's current stock price is €1.01. Conifer Holdings's E10 for the quarter that ended in Sep. 2024 was €-0.56. Conifer Holdings's Shiller PE Ratio of today is .


Conifer Holdings E10 Historical Data

The historical data trend for Conifer Holdings'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.

Conifer Holdings E10 Chart

Conifer Holdings 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 - - - - -1.06

Conifer Holdings 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 -1.00 -1.06 -1.05 -1.05 -0.56

Competitive Comparison of Conifer Holdings's E10

For the Insurance - Property & Casualty subindustry, Conifer Holdings'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.


Conifer Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Conifer Holdings 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, Conifer Holdings'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)
=3.892/133.0289*133.0289
=3.892

Current CPI (Sep. 2024) = 133.0289.

Conifer Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 -0.020 99.070 -0.027
201503 0.036 99.621 0.048
201506 0.037 100.684 0.049
201509 0.187 100.392 0.248
201512 -0.275 99.792 -0.367
201603 -0.242 100.470 -0.320
201606 -0.062 101.688 -0.081
201609 -0.169 101.861 -0.221
201612 -0.550 101.863 -0.718
201703 -0.224 102.862 -0.290
201706 -0.125 103.349 -0.161
201709 -2.064 104.136 -2.637
201712 0.093 104.011 0.119
201803 0.016 105.290 0.020
201806 -0.111 106.317 -0.139
201809 -0.360 106.507 -0.450
201812 -0.492 105.998 -0.617
201903 -0.071 107.251 -0.088
201906 -0.301 108.070 -0.371
201909 -0.118 108.329 -0.145
201912 -0.297 108.420 -0.364
202003 -0.443 108.902 -0.541
202006 0.142 108.767 0.174
202009 0.051 109.815 0.062
202012 0.279 109.897 0.338
202103 -0.403 111.754 -0.480
202106 0.473 114.631 0.549
202109 -0.102 115.734 -0.117
202112 -0.071 117.630 -0.080
202203 -0.272 121.301 -0.298
202206 -0.814 125.017 -0.866
202209 -0.141 125.227 -0.150
202212 0.160 125.222 0.170
202303 0.075 127.348 0.078
202306 -0.360 128.729 -0.372
202309 -0.206 129.860 -0.211
202312 -1.458 129.419 -1.499
202403 0.009 131.776 0.009
202406 -0.297 132.554 -0.298
202409 3.892 133.029 3.892

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


Conifer Holdings  (STU:9KK) 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.


Be Aware

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


Conifer Holdings E10 Related Terms

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


Conifer Holdings Business Description

Traded in Other Exchanges
Address
3001 West Big Beaver Road, Suite 200, Troy, MI, USA, 48084
Conifer Holdings Inc is an insurance company engaged in the sale of property and casualty insurance products. It is engaged in three classes of insurance businesses namely commercial lines, personal lines, and wholesale agency business. Within these three businesses, the company offers various insurance products and insurance agency services. The company views the commercial and personal lines segments as underwriting business. The wholesale agency business provides non-risk bearing revenue through commissions and policy fees. Its revenues are derived from premiums earned from insurance operations.

Conifer Holdings Headlines

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