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American International Group (STU:AINN) E10 : €2.61 (As of Mar. 2024)


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What is American International 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.

American International Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.601. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American International Group's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 14.80% 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 American International Group was 121.90% per year. The lowest was -50.10% per year. And the median was 11.40% per year.

As of today (2024-05-23), American International Group's current stock price is €72.20. American International Group's E10 for the quarter that ended in Mar. 2024 was €2.61. American International Group's Shiller PE Ratio of today is 27.66.

During the past 13 years, the highest Shiller PE Ratio of American International Group was 242.40. The lowest was 7.41. And the median was 22.36.


American International Group E10 Historical Data

The historical data trend for American International 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.

American International Group E10 Chart

American International 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 0.24 1.45 1.57 2.76 2.48

American International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.58 2.56 2.79 2.48 2.61

Competitive Comparison of American International Group's E10

For the Insurance - Diversified subindustry, American International 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.


American International Group's Shiller PE Ratio Distribution in the Insurance Industry

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

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



American International 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, American International Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.601/131.7762*131.7762
=1.601

Current CPI (Mar. 2024) = 131.7762.

American International Group Quarterly Data

per share eps CPI Adj_EPS
201406 1.546 100.560 2.026
201409 1.180 100.428 1.548
201412 0.397 99.070 0.528
201503 1.645 99.621 2.176
201506 1.176 100.684 1.539
201509 -0.160 100.392 -0.210
201512 -1.248 99.792 -1.648
201603 -0.144 100.470 -0.189
201606 1.495 101.688 1.937
201609 0.374 101.861 0.484
201612 -2.607 101.863 -3.373
201703 1.103 102.862 1.413
201706 1.059 103.349 1.350
201709 -1.602 104.136 -2.027
201712 -6.042 104.011 -7.655
201803 0.819 105.290 1.025
201806 0.873 106.317 1.082
201809 -1.208 106.507 -1.495
201812 -0.607 105.998 -0.755
201903 0.664 107.251 0.816
201906 1.097 108.070 1.338
201909 0.654 108.329 0.796
201912 0.927 108.420 1.127
202003 1.792 108.902 2.168
202006 -8.125 108.767 -9.844
202009 0.272 109.815 0.326
202012 -0.066 109.897 -0.079
202103 3.704 111.754 4.368
202106 0.091 114.631 0.105
202109 1.632 115.734 1.858
202112 4.868 117.630 5.453
202203 4.576 121.301 4.971
202206 3.245 125.017 3.420
202209 3.586 125.227 3.774
202212 0.812 125.222 0.855
202303 0.028 127.348 0.029
202306 1.874 128.729 1.918
202309 2.633 129.860 2.672
202312 0.110 129.419 0.112
202403 1.601 131.776 1.601

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


American International Group  (STU:AINN) 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.

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

Shiller PE Ratio=Share Price/E10
=72.20/2.61
=27.66

* 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 American International Group was 242.40. The lowest was 7.41. And the median was 22.36.


Be Aware

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


American International Group E10 Related Terms

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


American International Group (STU:AINN) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

American International Group (STU:AINN) Headlines

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