GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (HKSE:01299) » Definitions » Shiller PE Ratio

AIA Group (HKSE:01299) Shiller PE Ratio : 17.49 (As of Dec. 15, 2024)


View and export this data going back to 2010. Start your Free Trial

What is AIA Group Shiller PE Ratio?

As of today (2024-12-15), AIA Group's current share price is HK$56.50. AIA Group's E10 for the fiscal year that ended in Dec23 was HK$3.23. AIA Group's Shiller PE Ratio for today is 17.49.

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

HKSE:01299' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.61   Med: 26.13   Max: 38.96
Current: 17.47

During the past 13 years, AIA Group's highest Shiller PE Ratio was 38.96. The lowest was 14.61. And the median was 26.13.

HKSE:01299's Shiller PE Ratio is ranked worse than
58.79% of 347 companies
in the Insurance industry
Industry Median: 14.91 vs HKSE:01299: 17.47

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.

AIA Group's adjusted earnings per share data of for the fiscal year that ended in Dec23 was HK$2.577. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$3.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIA Group Shiller PE Ratio Historical Data

The historical data trend for AIA Group'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.

AIA Group Shiller PE Ratio Chart

AIA Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.92 35.56 25.37 27.72 21.04

AIA Group Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 27.72 - 21.04 -

Competitive Comparison of AIA Group's Shiller PE Ratio

For the Insurance - Life subindustry, AIA 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.


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

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

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



AIA Group 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.

AIA Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=56.50/3.23
=17.49

* 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.

AIA Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, AIA Group's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.577/117.2957*117.2957
=2.577

Current CPI (Dec23) = 117.2957.

AIA Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 2.249 99.487 2.652
201511 1.783 101.686 2.057
201611 2.715 103.005 3.092
201711 3.968 104.654 4.447
201812 2.033 107.622 2.216
201912 3.866 110.700 4.096
202012 3.709 109.711 3.965
202112 4.792 112.349 5.003
202212 2.180 114.548 2.232
202312 2.577 117.296 2.577

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.


AIA Group  (HKSE:01299) 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.


AIA Group Shiller PE Ratio Related Terms

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


AIA Group Business Description

Traded in Other Exchanges
Address
No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG
Headquartered in Hong Kong, AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. It was previously part of American International Group and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.
Executives
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Jpmorgan Chase & Co. 2502 Approved lending agent
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent

AIA Group Headlines

No Headlines