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American Equity Investment Life Holding Co (FRA:AM5) Shiller PE Ratio : 10.58 (As of May. 02, 2024)


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What is American Equity Investment Life Holding Co Shiller PE Ratio?

As of today (2024-05-02), American Equity Investment Life Holding Co's current share price is €52.50. American Equity Investment Life Holding Co's E10 for the quarter that ended in Dec. 2023 was €4.96. American Equity Investment Life Holding Co's Shiller PE Ratio for today is 10.58.

The historical rank and industry rank for American Equity Investment Life Holding Co's Shiller PE Ratio or its related term are showing as below:

FRA:AM5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.22   Med: 13.52   Max: 22.93
Current: 10.26

During the past years, American Equity Investment Life Holding Co's highest Shiller PE Ratio was 22.93. The lowest was 5.22. And the median was 13.52.

FRA:AM5's Shiller PE Ratio is ranked better than
68.78% of 362 companies
in the Insurance industry
Industry Median: 13.15 vs FRA:AM5: 10.26

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.

American Equity Investment Life Holding Co's adjusted earnings per share data for the three months ended in Dec. 2023 was €-5.539. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Equity Investment Life Holding Co Shiller PE Ratio Historical Data

The historical data trend for American Equity Investment Life Holding Co'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.

American Equity Investment Life Holding Co Shiller PE Ratio Chart

American Equity Investment Life Holding Co 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 13.29 9.56 11.44 8.24 10.19

American Equity Investment Life Holding Co 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 8.24 6.78 9.22 8.67 10.19

Competitive Comparison of American Equity Investment Life Holding Co's Shiller PE Ratio

For the Insurance - Life subindustry, American Equity Investment Life Holding Co'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.


American Equity Investment Life Holding Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where American Equity Investment Life Holding Co's Shiller PE Ratio falls into.



American Equity Investment Life Holding Co 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.

American Equity Investment Life Holding Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.50/4.96
=10.58

* 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.

American Equity Investment Life Holding Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, American Equity Investment Life Holding Co'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)
=-5.539/129.4194*129.4194
=-5.539

Current CPI (Dec. 2023) = 129.4194.

American Equity Investment Life Holding Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.094 99.695 -0.122
201406 0.339 100.560 0.436
201409 0.660 100.428 0.851
201412 0.316 99.070 0.413
201503 0.065 99.621 0.084
201506 0.936 100.684 1.203
201509 1.060 100.392 1.366
201512 0.367 99.792 0.476
201603 -0.494 100.470 -0.636
201606 0.160 101.688 0.204
201609 -0.080 101.861 -0.102
201612 1.280 101.863 1.626
201703 0.561 102.862 0.706
201706 0.267 103.349 0.334
201709 0.529 104.136 0.657
201712 0.346 104.011 0.431
201803 1.257 105.290 1.545
201806 0.882 106.317 1.074
201809 1.585 106.507 1.926
201812 0.519 105.998 0.634
201903 -0.292 107.251 -0.352
201906 0.177 108.070 0.212
201909 0.372 108.329 0.444
201912 2.160 108.420 2.578
202003 2.326 108.902 2.764
202006 -2.451 108.767 -2.916
202009 6.087 109.815 7.174
202012 -0.058 109.897 -0.068
202103 2.369 111.754 2.743
202106 -0.573 114.631 -0.647
202109 1.301 115.734 1.455
202112 0.779 117.630 0.857
202203 6.202 121.301 6.617
202206 7.625 125.017 7.894
202209 4.949 125.227 5.115
202212 0.236 125.222 0.244
202303 -1.868 127.348 -1.898
202306 4.024 128.729 4.046
202309 5.453 129.860 5.435
202312 -5.539 129.419 -5.539

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.


American Equity Investment Life Holding Co  (FRA:AM5) 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.


American Equity Investment Life Holding Co Shiller PE Ratio Related Terms

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American Equity Investment Life Holding Co (FRA:AM5) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.

American Equity Investment Life Holding Co (FRA:AM5) Headlines

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