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Everest Group (STU:ERE) E10 : €25.99 (As of Mar. 2024)


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What is Everest 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.

Everest Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €15.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €25.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Everest Group's average E10 Growth Rate was 18.70% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 years, the average E10 Growth Rate was 11.30% per year. During the past 10 years, the average E10 Growth Rate was 8.90% 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 Everest Group was 19.60% per year. The lowest was 3.50% per year. And the median was 10.40% per year.

As of today (2024-05-26), Everest Group's current stock price is €359.10. Everest Group's E10 for the quarter that ended in Mar. 2024 was €25.99. Everest Group's Shiller PE Ratio of today is 13.82.

During the past 13 years, the highest Shiller PE Ratio of Everest Group was 17.03. The lowest was 9.46. And the median was 14.19.


Everest Group E10 Historical Data

The historical data trend for Everest 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.

Everest Group E10 Chart

Everest 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 - - - - 24.17

Everest 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 21.80 22.62 25.14 24.17 25.99

Competitive Comparison of Everest Group's E10

For the Insurance - Reinsurance subindustry, Everest 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.


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

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

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



Everest 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, Everest 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)
=15.52/131.7762*131.7762
=15.520

Current CPI (Mar. 2024) = 131.7762.

Everest Group Quarterly Data

per share eps CPI Adj_EPS
201406 4.607 100.560 6.037
201409 4.656 100.428 6.109
201412 6.058 99.070 8.058
201503 6.644 99.621 8.789
201506 4.170 100.684 5.458
201509 1.782 100.392 2.339
201512 7.583 99.792 10.013
201603 3.592 100.470 4.711
201606 3.266 101.688 4.232
201609 6.290 101.861 8.137
201612 8.608 101.863 11.136
201703 6.610 102.862 8.468
201706 5.296 103.349 6.753
201709 -13.197 104.136 -16.700
201712 11.703 104.011 14.827
201803 4.144 105.290 5.186
201806 1.455 106.317 1.803
201809 4.148 106.507 5.132
201812 -8.350 105.998 -10.381
201903 7.673 107.251 9.428
201906 7.213 108.070 8.795
201909 2.324 108.329 2.827
201912 4.788 108.420 5.819
202003 0.371 108.902 0.449
202006 4.236 108.767 5.132
202009 5.153 109.815 6.184
202012 1.315 109.897 1.577
202103 7.157 111.754 8.439
202106 14.069 114.631 16.173
202109 -1.598 115.734 -1.819
202112 9.647 117.630 10.807
202203 6.864 121.301 7.457
202206 2.942 125.017 3.101
202209 -8.302 125.227 -8.736
202212 11.913 125.222 12.537
202303 8.696 127.348 8.998
202306 15.008 128.729 15.363
202309 14.645 129.860 14.861
202312 16.992 129.419 17.301
202403 15.520 131.776 15.520

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


Everest Group  (STU:ERE) 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.

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

Shiller PE Ratio=Share Price/E10
=359.10/25.99
=13.82

* 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 Everest Group was 17.03. The lowest was 9.46. And the median was 14.19.


Be Aware

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


Everest Group E10 Related Terms

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


Everest Group (STU:ERE) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

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