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Allianz SE (BSE:ALV) Shiller PE Ratio : 12.95 (As of May. 20, 2024)


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What is Allianz SE Shiller PE Ratio?

As of today (2024-05-20), Allianz SE's current share price is lei1336.40. Allianz SE's E10 for the quarter that ended in Dec. 2023 was lei103.23. Allianz SE's Shiller PE Ratio for today is 12.95.

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

BSE:ALV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.35   Med: 11.03   Max: 13.23
Current: 12.73

During the past years, Allianz SE's highest Shiller PE Ratio was 13.23. The lowest was 7.35. And the median was 11.03.

BSE:ALV's Shiller PE Ratio is ranked better than
53.57% of 364 companies
in the Insurance industry
Industry Median: 13.555 vs BSE:ALV: 12.73

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.

Allianz SE's adjusted earnings per share data for the three months ended in Dec. 2023 was lei27.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei103.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Shiller PE Ratio Historical Data

The historical data trend for Allianz 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.

* Premium members only.

Allianz SE Shiller PE Ratio Chart

Allianz SE 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 11.92 11.46 10.13 10.17 11.52

Allianz SE 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 10.17 10.48 10.36 10.82 11.52

Competitive Comparison of Allianz SE's Shiller PE Ratio

For the Insurance - Diversified subindustry, Allianz 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.


Allianz SE's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Allianz 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.

Allianz SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1336.40/103.23
=12.95

* 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.

Allianz SE's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Allianz SE'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)
=27.376/123.7729*123.7729
=27.376

Current CPI (Dec. 2023) = 123.7729.

Allianz SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 22.493 99.543 27.968
201406 23.900 99.543 29.718
201409 20.779 99.823 25.765
201412 15.194 99.543 18.892
201503 19.831 99.717 24.615
201506 22.519 100.417 27.757
201509 15.382 100.417 18.960
201512 15.569 99.717 19.325
201603 24.047 100.017 29.759
201606 12.301 100.717 15.117
201609 21.439 101.017 26.269
201612 19.522 101.217 23.872
201703 19.551 101.417 23.861
201706 22.553 102.117 27.336
201709 19.219 102.717 23.159
201712 17.619 102.617 21.251
201803 24.955 102.917 30.012
201806 23.616 104.017 28.101
201809 24.268 104.718 28.684
201812 20.533 104.217 24.386
201903 24.066 104.217 28.582
201906 26.156 105.718 30.623
201909 23.194 106.018 27.078
201912 22.599 105.818 26.434
202003 17.011 105.718 19.916
202006 18.910 106.618 21.953
202009 26.721 105.818 31.255
202012 23.966 105.518 28.112
202103 33.961 107.518 39.095
202106 29.803 108.486 34.003
202109 27.611 109.435 31.229
202112 55.880 110.384 62.658
202203 5.858 113.968 6.362
202206 23.452 115.760 25.075
202209 31.794 118.818 33.120
202212 46.220 119.345 47.935
202303 24.817 122.402 25.095
202306 28.882 123.140 29.030
202309 24.933 124.195 24.848
202312 27.376 123.773 27.376

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.


Allianz SE  (BSE:ALV) 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.


Allianz SE Shiller PE Ratio Related Terms

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


Allianz SE (BSE:ALV) Business Description

Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.