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iA Financial (TSX:IAG) Shiller PE Ratio : 14.67 (As of May. 26, 2024)


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What is iA Financial Shiller PE Ratio?

As of today (2024-05-26), iA Financial's current share price is C$92.83. iA Financial's E10 for the quarter that ended in Mar. 2024 was C$6.33. iA Financial's Shiller PE Ratio for today is 14.67.

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

TSX:IAG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.6   Med: 14.72   Max: 19.88
Current: 14.66

During the past years, iA Financial's highest Shiller PE Ratio was 19.88. The lowest was 8.60. And the median was 14.72.

TSX:IAG's Shiller PE Ratio is ranked worse than
56.71% of 365 companies
in the Insurance industry
Industry Median: 13.46 vs TSX:IAG: 14.66

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.

iA Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was C$2.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$6.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


iA Financial Shiller PE Ratio Historical Data

The historical data trend for iA 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.

iA Financial Shiller PE Ratio Chart

iA 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 16.55 12.08 13.32 14.01 14.70

iA Financial 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 14.54 14.89 14.14 14.70 13.29

Competitive Comparison of iA Financial's Shiller PE Ratio

For the Insurance - Diversified subindustry, iA 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.


iA Financial's Shiller PE Ratio Distribution in the Insurance Industry

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

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



iA 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.

iA Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=92.83/6.33
=14.67

* 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.

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

For example, iA Financial'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)
=2.34/126.2576*126.2576
=2.340

Current CPI (Mar. 2024) = 126.2576.

iA Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.130 99.473 1.434
201409 0.910 99.394 1.156
201412 1.110 98.367 1.425
201503 1.030 99.789 1.303
201506 1.400 100.500 1.759
201509 1.110 100.421 1.396
201512 0.030 99.947 0.038
201603 0.960 101.054 1.199
201606 1.350 102.002 1.671
201609 1.400 101.765 1.737
201612 1.480 101.449 1.842
201703 1.030 102.634 1.267
201706 1.190 103.029 1.458
201709 1.350 103.345 1.649
201712 1.240 103.345 1.515
201803 1.290 105.004 1.551
201806 1.440 105.557 1.722
201809 1.500 105.636 1.793
201812 1.360 105.399 1.629
201903 1.400 106.979 1.652
201906 1.690 107.690 1.981
201909 1.720 107.611 2.018
201912 1.590 107.769 1.863
202003 0.360 107.927 0.421
202006 1.710 108.401 1.992
202009 2.030 108.164 2.370
202012 1.600 108.559 1.861
202103 1.610 110.298 1.843
202106 2.150 111.720 2.430
202109 2.010 112.905 2.248
202112 1.940 113.774 2.153
202203 -0.230 117.646 -0.247
202206 1.410 120.806 1.474
202209 0.010 120.648 0.010
202212 1.700 120.964 1.774
202303 2.580 122.702 2.655
202306 1.890 124.203 1.921
202309 0.540 125.230 0.544
202312 2.440 125.072 2.463
202403 2.340 126.258 2.340

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.


iA Financial  (TSX:IAG) 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.


iA Financial Shiller PE Ratio Related Terms

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


iA Financial (TSX:IAG) Business Description

Traded in Other Exchanges
Address
1080, Grande Allee Ouest, PO Box 1907, Station Terminus, Quebec, QC, CAN, G1K 7M3
iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and U.S Operations.
Executives
Alain Bergeron Senior Officer

iA Financial (TSX:IAG) Headlines

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