As of today (2024-05-16), Protective Life's current share price is €53.38. Protective Life's E10 for the quarter that ended in Sep. 2014 was €2.80. Protective Life's Shiller PE Ratio for today is 19.06.
The historical rank and industry rank for Protective Life's Shiller PE Ratio or its related term are showing as below:
FRA:PV7'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.04 Med: 12.11 Max: 21.3
Current: 18.56
During the past years, Protective Life's highest Shiller PE Ratio was 21.30. The lowest was 1.04. And the median was 12.11.
FRA:PV7's Shiller PE Ratio is not ranked
in the Insurance industry.
Industry Median: 13.52
vs FRA:PV7: 18.56
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.
Protective Life's adjusted earnings per share data for the three months ended in Sep. 2014 was €1.133. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.80 for the trailing ten years ended in Sep. 2014.
Shiller PE for Stocks: The True Measure of Stock Valuation
Protective Life Shiller PE Ratio Historical Data
The historical data trend for Protective Life'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.
Competitive Comparison of Protective Life's Shiller PE Ratio
For the Insurance - Life subindustry, Protective Life'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.
Protective Life's Shiller PE Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Protective Life's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Protective Life's Shiller PE Ratio falls into.
Protective Life 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.
Protective Life's Shiller PE Ratio for today is calculated as
* 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.
Protective Life's E10 for the quarter that ended in Sep. 2014 is calculated as:
For example, Protective Life's adjusted earnings per share data for the three months ended in Sep. 2014 was:
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.
Protective Life (FRA:PV7) 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.
Protective Life Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Protective Life's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Protective Life Corporation, a Delaware corporation was founded in 1907. A holding company, whose subsidiaries provide financial services through the production, distribution, and administration of insurance and investment products. The Company's operating segments are Life Marketing, Acquisitions, Annuities, Stable Value Products, Asset Protection and Corporate and Other. The Life Marketing segment markets universal life, variable universal life, bank-owned life insurance and level premium term insurance products on a national basis mainly through networks of independent insurance agents and brokers, stockbrokers, and independent marketing organizations. The Acquisitions segment focuses on acquiring, converting, and servicing policies acquired from other companies. The segment's main focus is on life insurance policies and annuity products that were sold to individuals. The Annuities segment markets fixed and variable annuity products. These products are mainly sold through broker-dealers, but are also sold through financial institutions and independent agents and brokers. The Stable Value Products segment sells fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, money market funds, bank trust departments, and other institutional investors. The segment also issues funding agreements to the Federal Home Loan Bank and markets guaranteed investment contracts (GICs) to 401(k) and other qualified retirement savings plans. The Asset Protection segment mainly markets extended service contracts and credit life and disability insurance to protect consumers' investments in automobiles, watercraft, and recreational vehicles. In addition, the segment markets a guaranteed asset protection product and an inventory protection product. The Company has an additional segment referred to as Corporate and Other which earnings from several non-strategic or runoff lines of business, various investment-related transactions, the operations of several small subsidiaries, and the repurchase of non-recourse funding obligations. The Company encounters competition in all lines of business from other insurance companies, many of which have greater financial resources and higher ratings than the Company and which might have a greater market share, offer products, services or features, assume a greater level of risk, have lower operating or financing costs, or have different profitability expectations than the Company. The Company also faces competition from other providers of financial services. The Company and its subsidiaries are subject to government regulation in each of the states in which it conducts business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:PV7 has been successfully added to your 