HVRRY (Hannover Rueck SE) Shiller PE Ratio: 18.48 (As of Aug. 30, 2026) — Near Median

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HVRRY Hannover Rueck SE HVRRY
78 GF Score
Price $49.72
GF Value $57.16
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Hannover Rueck SE Shiller PE Ratio?

Hannover Rueck SE HVRRY +0.14% 78 Shiller PE Ratio is 18.48 as of Aug. 30, 2026, which is 5% above its 10-year median of 17.52. GuruFocus rates HVRRY with a GF Score™ of 78/100 and a GF Value™ of $57.16 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 370 Insurance companies, Hannover Rueck SE ranks worse than 56.22% on this metric.

As of today (2026-08-30), Hannover Rueck SE's current share price is $49.72. Hannover Rueck SE's E10 for the quarter that ended in Jun. 2026 was $2.69. Hannover Rueck SE's Shiller PE Ratio for today is 18.48.

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

HVRRY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.39   Med: 17.52   Max: 23.32
Current: 18.25

During the past years, Hannover Rueck SE's highest Shiller PE Ratio was 23.32. The lowest was 12.39. And the median was 17.52.

HVRRY's Shiller PE Ratio is ranked worse than
56.22% of 370 companies
in the Insurance industry
Industry Median: 16.715 vs HVRRY: 18.25

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.

Hannover Rueck SE's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.108. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hannover Rueck SE  (OTCPK:HVRRY) 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.


Hannover Rueck SE Shiller PE Ratio Related Terms


Hannover Rueck SE Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Shiller PE Ratio Chart

Hannover Rueck SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.87 18.69 19.88 19.99 20.07

Hannover Rueck SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 20.99 19.61 20.07 19.48 17.19

HVRRY vs RGA, EG, RNR: Shiller PE Ratio Comparison

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE Shiller PE Ratio vs Insurance Industry

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

* The bar in red indicates where Hannover Rueck SE's Shiller PE Ratio falls into.


HVRRY
78GF Score
Hannover Rueck SE HVRRY
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannover Rueck SE 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.

Hannover Rueck SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.72/2.69
=18.48

* 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.

Hannover Rueck SE's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Hannover Rueck SE's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.108/131.3638*131.3638
=1.108

Current CPI (Jun. 2026) = 131.3638.

Hannover Rueck SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.471 101.017 0.612
201612 0.552 101.217 0.716
201703 0.392 101.417 0.508
201706 0.419 102.117 0.539
201709 0.022 102.717 0.028
201712 0.671 102.617 0.859
201803 0.467 102.917 0.596
201806 0.456 104.017 0.576
201809 0.274 104.718 0.344
201812 0.527 104.217 0.664
201903 0.458 104.217 0.577
201906 0.576 105.718 0.716
201909 0.518 106.018 0.642
201912 0.431 105.818 0.535
202003 0.459 105.718 0.570
202006 0.160 106.618 0.197
202009 0.432 105.818 0.536
202012 0.361 105.518 0.449
202103 0.504 107.518 0.616
202106 0.606 108.486 0.734
202109 0.302 109.435 0.363
202112 0.586 110.384 0.697
202203 0.652 113.968 0.752
202206 0.566 115.760 0.642
202209 0.413 118.818 0.457
202212 -0.493 119.345 -0.543
202303 0.717 122.402 0.769
202306 0.711 123.140 0.758
202309 0.647 124.195 0.684
202312 0.642 123.773 0.681
202403 0.839 125.038 0.881
202406 0.897 125.882 0.936
202409 1.017 126.198 1.059
202412 0.730 127.041 0.755
202503 0.717 127.779 0.737
202506 1.328 128.412 1.359
202509 1.056 129.255 1.073
202512 1.095 129.361 1.112
202603 1.135 131.258 1.136
202606 1.108 131.364 1.108

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 18.48 mean?
Hannover Rueck SE (HVRRY) has a Shiller PE Ratio of 18.48 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 Hannover Rueck SE and its competitors. This is near median its historical median of 17.52. Over the past decade, Hannover Rueck SE's Shiller PE Ratio has ranged from 12.39 to 23.32. According to the industry distribution chart, Hannover Rueck SE ranks #208 out of 370 companies in the Insurance industry, placing it in the top 56.2%.
Is Hannover Rueck SE's Shiller PE Ratio too high?
Hannover Rueck SE's current Shiller PE Ratio of 18.48 is near median its 10-year median of 17.52. Over the past 10 years, this metric has ranged from a low of 12.39 to a high of 23.32. The Insurance industry median Shiller PE Ratio is 16.72. Hannover Rueck SE's value of 18.48 is 10.6% above this industry median. Based on the distribution chart, Hannover Rueck SE ranks #208 out of 370 companies in the Insurance industry, which is below the industry midpoint. Overall, Hannover Rueck SE has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's Shiller PE Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #208 out of 370 companies for Shiller PE Ratio. This places Hannover Rueck SE in the lower half of its industry. The industry median Shiller PE Ratio is 16.72. Hannover Rueck SE's value of 18.48 is 10.6% above this benchmark. Historically, Hannover Rueck SE's own Shiller PE Ratio has ranged from 12.39 to 23.32 over the past decade. While the company's 10-year median is 17.52 vs. the industry median of 16.72, Hannover Rueck SE has consistently been above 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 Insurance company?
The median Shiller PE Ratio among Insurance companies is 16.72, based on 370 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. Hannover Rueck SE's current Shiller PE Ratio of 18.48 is 10.6% above 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 Hannover Rueck SE and its competitors. For the Insurance industry, the median Shiller PE Ratio is 16.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannover Rueck SE's current Shiller PE Ratio is 18.48, which is near median its own 10-year median of 17.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.16, compared to a current price of $49.72 — trading 13% below its estimated fair value. The current Shiller PE Ratio is 18.48, which is near median its 10-year median of 17.52 and 10.6% above the Insurance industry median of 16.72. Hannover Rueck SE's overall GF Score™ is 78/100 with 1 warning sign 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 Hannover Rueck SE (HVRRY), the current Shiller PE Ratio is 18.48 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 Hannover Rueck SE (HVRRY) Overvalued in 2026?

Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued. The current stock price of $49.72 is trading 13% below its estimated GF Value™ of $57.16. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRY:

  • Shiller PE Ratio: 18.48 (near median its 10-year median of 17.52)
  • GF Value™: $57.16 vs. price of $49.72 (13% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 10.6% above the Insurance median (#208 of 370)

No single metric tells the full story. See the HVRRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hannover Rueck SE Business Description

Address Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
78GF Score

Get the complete analysis for HVRRY

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$49.72
Price
$57.16
GF Value