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ICICI Lombard General Insurance Co (BOM:540716) Shiller PE Ratio : 65.77 (As of Apr. 30, 2024)


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What is ICICI Lombard General Insurance Co Shiller PE Ratio?

As of today (2024-04-30), ICICI Lombard General Insurance Co's current share price is ₹1706.05. ICICI Lombard General Insurance Co's E10 for the fiscal year that ended in Mar23 was ₹25.94. ICICI Lombard General Insurance Co's Shiller PE Ratio for today is 65.77.

The historical rank and industry rank for ICICI Lombard General Insurance Co's Shiller PE Ratio or its related term are showing as below:

BOM:540716' s Shiller PE Ratio Range Over the Past 10 Years
Min: 40.84   Med: 49.33   Max: 65.22
Current: 65.22

During the past 11 years, ICICI Lombard General Insurance Co's highest Shiller PE Ratio was 65.22. The lowest was 40.84. And the median was 49.33.

BOM:540716's Shiller PE Ratio is ranked worse than
95.04% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs BOM:540716: 65.22

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

ICICI Lombard General Insurance Co's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹35.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹25.94 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICICI Lombard General Insurance Co Shiller PE Ratio Historical Data

The historical data trend for ICICI Lombard General Insurance Co's Shiller PE Ratio 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.

ICICI Lombard General Insurance Co Shiller PE Ratio Chart

ICICI Lombard General Insurance Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 59.08 41.23

ICICI Lombard General Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 - 41.23 - - -

Competitive Comparison of ICICI Lombard General Insurance Co's Shiller PE Ratio

For the Insurance - Diversified subindustry, ICICI Lombard General Insurance Co'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.


ICICI Lombard General Insurance Co's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where ICICI Lombard General Insurance Co's Shiller PE Ratio falls into.



ICICI Lombard General Insurance Co Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

ICICI Lombard General Insurance Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1706.05/25.94
=65.77

* 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.

ICICI Lombard General Insurance Co's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, ICICI Lombard General Insurance Co's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=35.16/146.8646*146.8646
=35.160

Current CPI (Mar23) = 146.8646.

ICICI Lombard General Insurance Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 11.570 91.425 18.586
201503 13.040 97.163 19.710
201603 11.230 102.518 16.088
201703 15.506 105.196 21.648
201803 18.990 109.786 25.403
201903 23.060 118.202 28.652
202003 26.190 124.705 30.844
202103 32.270 131.771 35.966
202203 25.820 138.822 27.316
202303 35.160 146.865 35.160

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


ICICI Lombard General Insurance Co  (BOM:540716) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


ICICI Lombard General Insurance Co Shiller PE Ratio Related Terms

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ICICI Lombard General Insurance Co (BOM:540716) Business Description

Traded in Other Exchanges
Address
414, Veer Savarkar Marg, ICICI Lombard House, Near Siddhivinayak Temple, Prabhadevi, Mumbai, MH, IND, 400 025
ICICI Lombard General Insurance Co Ltd is a general insurance company. Its business activities include Fire; Engineering; Marine and Liability. The company products include Motor Insurance; Car Insurance; Two Wheeler Insurance; Health Insurance; Complete Health Insurance; Health Booster; Personal Accident Insurance; International Travel Insurance; Home Insurance; Marine Insurance; NRI Insurance Services; Business Insurance; Third Party Insurance; Crop Insurance and Rural Insurance. Geographically, it operates only in India.

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