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General American Investors CoGAM -0.64%59 Shiller PE Ratio is 9.20 as of Aug. 30, 2026, which is 6% above its 10-year median of 8.68. GuruFocus rates GAM with a GF Score™ of 59/100 and a GF Value™ of $67.61 (Fairly Valued). The stock has 2 warning signs investors should review. Among 790 Asset Management companies, General American Investors Co ranks better than 74.3% on this metric.
The historical rank and industry rank for General American Investors Co's Shiller PE Ratio or its related term are showing as below:
GAM'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.79 Med: 8.68 Max: 9.3
Current: 9.2
During the past 10 years, General American Investors Co's highest Shiller PE Ratio was 9.30. The lowest was 7.79. And the median was 8.68.
GAM's Shiller PE Ratio is ranked better than 74.3% of 790
companies
in the Asset Management industry
Industry Median: 13.05
vs GAM: 9.20
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.
General American Investors Co's adjusted earnings per share data of for the fiscal year that ended in Dec25 was $14.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.30 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
General American Investors Co (NYSE:GAM) 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.
General American Investors Co Shiller PE Ratio Related Terms
General American Investors Co Shiller PE Ratio Historical Data
* 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.
General American Investors Co Shiller PE Ratio Chart
GAM vs CET, TRIN, BST: Shiller PE Ratio Comparison
For the Asset Management subindustry, General American Investors 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.
General American Investors Co Shiller PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, General American Investors Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where General American Investors Co's Shiller PE Ratio falls into.
General American Investors 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.
* 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.
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.
General American Investors Co (GAM) has a Shiller PE Ratio of 9.20 as of Aug. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on General American Investors Co and its competitors. This is near median its historical median of 8.68. Over the past decade, General American Investors Co's Shiller PE Ratio has ranged from 7.79 to 9.30. According to the industry distribution chart, General American Investors Co ranks #203 out of 790 companies in the Asset Management industry, placing it in the top 25.7%.
Is General American Investors Co's Shiller PE Ratio too high?
General American Investors Co's current Shiller PE Ratio of 9.20 is near median its 10-year median of 8.68. Over the past 10 years, this metric has ranged from a low of 7.79 to a high of 9.30. The Asset Management industry median Shiller PE Ratio is 13.05. General American Investors Co's value of 9.20 is 29.5% below this industry median. Based on the distribution chart, General American Investors Co ranks #203 out of 790 companies in the Asset Management industry, which is above the industry midpoint. Overall, General American Investors Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General American Investors Co's Shiller PE Ratio compare to CET and TRIN?
According to the Asset Management industry distribution chart, General American Investors Co ranks #203 out of 790 companies for Shiller PE Ratio. This puts General American Investors Co in the upper half of its industry. The industry median Shiller PE Ratio is 13.05. General American Investors Co's value of 9.20 is 29.5% below this benchmark. Historically, General American Investors Co's own Shiller PE Ratio has ranged from 7.79 to 9.30 over the past decade. While the company's 10-year median is 8.68 vs. the industry median of 13.05, General American Investors Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 13.05, based on 790 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General American Investors Co's current Shiller PE Ratio of 9.20 is 29.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on General American Investors Co and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 13.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General American Investors Co's current Shiller PE Ratio is 9.20, which is near median its own 10-year median of 8.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General American Investors Co stock overvalued right now?
Based on GuruFocus' analysis, General American Investors Co (GAM) is currently considered Fairly Valued. The stock's GF Value™ is $67.61, compared to a current price of $67.16 — trading 0.7% below its estimated fair value. The current Shiller PE Ratio is 9.20, which is near median its 10-year median of 8.68 and 29.5% below the Asset Management industry median of 13.05. General American Investors Co's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For General American Investors Co (GAM), the current Shiller PE Ratio is 9.20 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is General American Investors Co (GAM) Overvalued in 2026?
Based on GuruFocus' analysis, General American Investors Co stock appears to be undervalued.
The current stock price of $67.16 is trading 0.7% below its estimated GF Value™ of $67.61.
GuruFocus considers General American Investors Co to be Fairly Valued.
Key valuation signals for GAM:
Shiller PE Ratio: 9.20 (near median its 10-year median of 8.68)
GF Value™: $67.61 vs. price of $67.16 (0.7% below fair value)
Industry Position: 29.5% below the Asset Management median (#203 of 790)
No single metric tells the full story. See the GAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General American Investors Co Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations. The company invests principally in common stocks believed by management to have growth potential.
59GF Score
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