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Sun Life Financial (PHS:SLF) Shiller PE Ratio : 14.91 (As of Apr. 29, 2024)


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What is Sun Life Financial Shiller PE Ratio?

As of today (2024-04-29), Sun Life Financial's current share price is ₱2950.00. Sun Life Financial's E10 for the quarter that ended in Dec. 2023 was ₱197.90. Sun Life Financial's Shiller PE Ratio for today is 14.91.

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

PHS:SLF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.78   Med: 17.72   Max: 23.85
Current: 14.13

During the past years, Sun Life Financial's highest Shiller PE Ratio was 23.85. The lowest was 11.78. And the median was 17.72.

PHS:SLF's Shiller PE Ratio is ranked worse than
54.55% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs PHS:SLF: 14.13

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.

Sun Life Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was ₱55.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱197.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Life Financial Shiller PE Ratio Historical Data

The historical data trend for Sun Life Financial'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.

Sun Life Financial Shiller PE Ratio Chart

Sun Life Financial 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 19.65 17.87 17.25 13.95 13.74

Sun Life Financial 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 13.95 13.73 14.75 13.30 13.74

Competitive Comparison of Sun Life Financial's Shiller PE Ratio

For the Insurance - Diversified subindustry, Sun Life Financial'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.


Sun Life Financial's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Sun Life Financial's Shiller PE Ratio falls into.



Sun Life Financial 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.

Sun Life Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2950.00/197.9
=14.91

* 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.

Sun Life Financial's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Sun Life Financial'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)
=55.41/125.4675*125.4675
=55.410

Current CPI (Dec. 2023) = 125.4675.

Sun Life Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 33.724 98.604 42.912
201406 36.715 99.473 46.309
201409 37.158 99.394 46.905
201412 40.476 98.367 51.627
201503 32.882 99.789 41.343
201506 54.993 100.500 68.655
201509 34.317 100.421 42.876
201512 36.560 99.947 45.895
201603 38.342 101.054 47.605
201606 34.860 102.002 42.880
201609 52.755 101.765 65.043
201612 50.977 101.449 63.046
201703 38.311 102.634 46.834
201706 40.310 103.029 49.089
201709 61.948 103.345 75.209
201712 15.344 103.345 18.629
201803 48.567 105.004 58.032
201806 50.930 105.557 60.537
201809 41.117 105.636 48.836
201812 41.174 105.399 49.014
201903 44.822 106.979 52.568
201906 43.364 107.690 50.522
201909 50.049 107.611 58.354
201912 53.386 107.769 62.153
202003 27.657 107.927 32.152
202006 37.419 108.401 43.310
202009 55.753 108.164 64.672
202012 57.136 108.559 66.035
202103 72.898 110.298 82.924
202106 72.150 111.720 81.028
202109 79.133 112.905 87.938
202112 82.837 113.774 91.351
202203 51.436 117.646 54.856
202206 71.110 120.806 73.854
202209 8.208 120.648 8.536
202212 83.989 120.964 87.116
202303 57.698 122.702 58.998
202306 48.578 124.203 49.072
202309 63.030 125.230 63.149
202312 55.410 125.468 55.410

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.


Sun Life Financial  (PHS:SLF) 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.


Sun Life Financial Shiller PE Ratio Related Terms

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


Sun Life Financial (PHS:SLF) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.