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Talanx AG (FRA:TLX) Shiller PE Ratio : 18.37 (As of May. 03, 2024)


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What is Talanx AG Shiller PE Ratio?

As of today (2024-05-03), Talanx AG's current share price is €71.10. Talanx AG's E10 for the quarter that ended in Dec. 2023 was €3.87. Talanx AG's Shiller PE Ratio for today is 18.37.

The historical rank and industry rank for Talanx AG's Shiller PE Ratio or its related term are showing as below:

FRA:TLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.32   Med: 11.67   Max: 18.68
Current: 18.14

During the past years, Talanx AG's highest Shiller PE Ratio was 18.68. The lowest was 8.32. And the median was 11.67.

FRA:TLX's Shiller PE Ratio is ranked worse than
66.02% of 362 companies
in the Insurance industry
Industry Median: 13.145 vs FRA:TLX: 18.14

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.

Talanx AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Talanx AG Shiller PE Ratio Historical Data

The historical data trend for Talanx AG'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.

Talanx AG Shiller PE Ratio Chart

Talanx AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.28 12.75 12.50 16.44

Talanx AG 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 12.50 11.54 13.90 15.26 16.44

Competitive Comparison of Talanx AG's Shiller PE Ratio

For the Insurance - Diversified subindustry, Talanx AG'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.


Talanx AG's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Talanx AG's Shiller PE Ratio falls into.



Talanx AG 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.

Talanx AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=71.10/3.87
=18.37

* 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.

Talanx AG's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Talanx AG's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.16/123.6675*123.6675
=1.160

Current CPI (Dec. 2023) = 123.6675.

Talanx AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.860 99.543 1.068
201406 0.650 99.543 0.808
201409 0.590 99.823 0.731
201412 0.940 99.543 1.168
201503 0.990 99.717 1.228
201506 0.240 100.417 0.296
201509 0.700 100.417 0.862
201512 0.970 99.717 1.203
201603 0.880 100.017 1.088
201606 0.710 100.717 0.872
201609 0.920 101.017 1.126
201612 1.060 101.217 1.295
201703 0.940 101.417 1.146
201706 0.890 102.117 1.078
201709 -0.080 102.717 -0.096
201712 0.900 102.617 1.085
201803 0.860 102.917 1.033
201806 0.870 104.017 1.034
201809 0.200 104.718 0.236
201812 0.850 104.217 1.009
201903 0.930 104.217 1.104
201906 0.960 105.718 1.123
201909 1.050 106.018 1.225
201912 0.720 105.818 0.841
202003 0.880 105.718 1.029
202006 0.410 106.618 0.476
202009 0.770 105.818 0.900
202012 0.500 105.518 0.586
202103 1.100 107.518 1.265
202106 1.060 108.486 1.208
202109 0.700 109.435 0.791
202112 1.140 110.384 1.277
202203 1.270 113.968 1.378
202206 1.440 115.760 1.538
202209 0.950 118.818 0.989
202212 -0.870 119.345 -0.902
202303 1.670 122.402 1.687
202306 1.590 123.140 1.597
202309 1.780 124.195 1.772
202312 1.160 123.668 1.160

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.


Talanx AG  (FRA:TLX) 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.


Talanx AG Shiller PE Ratio Related Terms

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Talanx AG (FRA:TLX) Business Description

Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.

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