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AIICO InsuranceNSA:AIIC 43 Shiller PE Ratio is 14.32 as of Aug. 16, 2026, which is 25% above its 10-year median of 11.46. GuruFocus rates NSA:AIIC with a GF Score™ of 43/100 and a GF Value™ of ₦5.08 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 376 Insurance companies, AIICO Insurance ranks better than 58.51% on this metric.
As of today (2026-08-16), AIICO Insurance's current share price is ₦4.01. AIICO Insurance's E10 for the fiscal year that ended in Dec25 was ₦0.28. AIICO Insurance's Shiller PE Ratio for today is 14.32.
The historical rank and industry rank for AIICO Insurance's Shiller PE Ratio or its related term are showing as below:
NSA:AIIC'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.33 Med: 11.46 Max: 15.79
Current: 14.46
During the past 11 years, AIICO Insurance's highest Shiller PE Ratio was 15.79. The lowest was 7.33. And the median was 11.46.
NSA:AIIC's Shiller PE Ratio is ranked better than 58.51% of 376
companies
in the Insurance industry
Industry Median: 16.77
vs NSA:AIIC: 14.46
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.
AIICO Insurance's adjusted earnings per share data of for the fiscal year that ended in Dec25 was ₦0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦0.28 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
AIICO Insurance (NSA:AIIC) 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.
AIICO Insurance Shiller PE Ratio Related Terms
AIICO Insurance Shiller PE Ratio Historical Data
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The historical data trend for AIICO Insurance'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.
NSA:AIIC vs BRK.A, AIG, HIG: Shiller PE Ratio Comparison
For the Insurance - Diversified subindustry, AIICO Insurance'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.
AIICO Insurance Shiller PE Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's Shiller PE Ratio falls into.
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.
AIICO Insurance'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.
AIICO Insurance's E10 for the fiscal year that ended in Dec25 is calculated as:
For example, AIICO Insurance's adjusted earnings per share data for the fiscal year that ended in Dec25 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.
AIICO Insurance (NSA:AIIC) has a Shiller PE Ratio of 14.32 as of Aug. 16, 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 AIICO Insurance and its competitors. This is 25% above median its historical median of 11.46. Over the past decade, AIICO Insurance's Shiller PE Ratio has ranged from 7.33 to 15.79. According to the industry distribution chart, AIICO Insurance ranks #156 out of 376 companies in the Insurance industry, placing it in the top 41.5%.
Is AIICO Insurance's Shiller PE Ratio too high?
AIICO Insurance's current Shiller PE Ratio of 14.32 is 25% above median its 10-year median of 11.46. Over the past 10 years, this metric has ranged from a low of 7.33 to a high of 15.79. The Insurance industry median Shiller PE Ratio is 16.77. AIICO Insurance's value of 14.32 is 14.6% below this industry median. Based on the distribution chart, AIICO Insurance ranks #156 out of 376 companies in the Insurance industry, which is above the industry midpoint. Overall, AIICO Insurance has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's Shiller PE Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #156 out of 376 companies for Shiller PE Ratio. This puts AIICO Insurance in the upper half of its industry. The industry median Shiller PE Ratio is 16.77. AIICO Insurance's value of 14.32 is 14.6% below this benchmark. Historically, AIICO Insurance's own Shiller PE Ratio has ranged from 7.33 to 15.79 over the past decade. While the company's 10-year median is 11.46 vs. the industry median of 16.77, AIICO Insurance 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 Insurance company?
The median Shiller PE Ratio among Insurance companies is 16.77, based on 376 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. AIICO Insurance's current Shiller PE Ratio of 14.32 is 14.6% 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 AIICO Insurance and its competitors. For the Insurance industry, the median Shiller PE Ratio is 16.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current Shiller PE Ratio is 14.32, which is 25% above median its own 10-year median of 11.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.08, compared to a current price of ₦4.01 — trading 21.1% below its estimated fair value. The current Shiller PE Ratio is 14.32, which is 25% above median its 10-year median of 11.46 and 14.6% below the Insurance industry median of 16.77. AIICO Insurance's overall GF Score™ is 43/100 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 AIICO Insurance (NSA:AIIC), the current Shiller PE Ratio is 14.32 as of Aug. 16, 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 AIICO Insurance (NSA:AIIC) Overvalued in 2026?
Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued.
The current stock price of ₦4.01 is trading 21.1% below its estimated GF Value™ of ₦5.08.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
Shiller PE Ratio: 14.32 (25% above median its 10-year median of 11.46)
GF Value™: ₦5.08 vs. price of ₦4.01 (21.1% below fair value)
Industry Position: 14.6% below the Insurance median (#156 of 376)
No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
43GF Score
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