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MetLife (STU:MWZ) Shiller PE Ratio : 12.55 (As of Jun. 13, 2024)


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What is MetLife Shiller PE Ratio?

As of today (2024-06-13), MetLife's current share price is €63.64. MetLife's E10 for the quarter that ended in Mar. 2024 was €5.07. MetLife's Shiller PE Ratio for today is 12.55.

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

STU:MWZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.96   Med: 12.13   Max: 18.46
Current: 12.5

During the past years, MetLife's highest Shiller PE Ratio was 18.46. The lowest was 5.96. And the median was 12.13.

STU:MWZ's Shiller PE Ratio is ranked better than
51.38% of 362 companies
in the Insurance industry
Industry Median: 13.035 vs STU:MWZ: 12.50

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.

MetLife's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Shiller PE Ratio Historical Data

The historical data trend for MetLife'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.

MetLife Shiller PE Ratio Chart

MetLife 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 12.47 10.75 13.25 13.21 12.10

MetLife Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.61 10.25 11.42 12.10 13.42

Competitive Comparison of MetLife's Shiller PE Ratio

For the Insurance - Life subindustry, MetLife'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.


MetLife's Shiller PE Ratio Distribution in the Insurance Industry

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

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



MetLife 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.

MetLife's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=63.64/5.07
=12.55

* 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.

MetLife's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, MetLife's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.012/131.7762*131.7762
=1.012

Current CPI (Mar. 2024) = 131.7762.

MetLife Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.861 100.560 1.128
201409 1.405 100.428 1.844
201412 1.054 99.070 1.402
201503 1.728 99.621 2.286
201506 0.823 100.684 1.077
201509 0.944 100.392 1.239
201512 0.643 99.792 0.849
201603 1.778 100.470 2.332
201606 0.053 101.688 0.069
201609 0.454 101.861 0.587
201612 -1.839 101.863 -2.379
201703 0.739 102.862 0.947
201706 0.712 103.349 0.908
201709 -0.076 104.136 -0.096
201712 1.808 104.011 2.291
201803 0.965 105.290 1.208
201806 0.710 106.317 0.880
201809 0.754 106.507 0.933
201812 1.793 105.998 2.229
201903 1.239 107.251 1.522
201906 1.566 108.070 1.910
201909 2.088 108.329 2.540
201912 0.522 108.420 0.634
202003 4.295 108.902 5.197
202006 0.062 108.767 0.075
202009 0.586 109.815 0.703
202012 0.113 109.897 0.135
202103 0.277 111.754 0.327
202106 3.245 114.631 3.730
202109 1.505 115.734 1.714
202112 1.230 117.630 1.378
202203 1.716 121.301 1.864
202206 1.022 125.017 1.077
202209 1.384 125.227 1.456
202212 1.567 125.222 1.649
202303 0.019 127.348 0.020
202306 0.443 128.729 0.453
202309 0.525 129.860 0.533
202312 0.706 129.419 0.719
202403 1.012 131.776 1.012

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.


MetLife  (STU:MWZ) 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.


MetLife Shiller PE Ratio Related Terms

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


MetLife (STU:MWZ) Business Description

Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

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