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Brown & Brown (FRA:BTW) Shiller PE Ratio : 44.49 (As of Apr. 28, 2024)


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What is Brown & Brown Shiller PE Ratio?

As of today (2024-04-28), Brown & Brown's current share price is €76.96. Brown & Brown's E10 for the quarter that ended in Mar. 2024 was €1.73. Brown & Brown's Shiller PE Ratio for today is 44.49.

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

FRA:BTW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.3   Med: 33.95   Max: 54.13
Current: 43.37

During the past years, Brown & Brown's highest Shiller PE Ratio was 54.13. The lowest was 21.30. And the median was 33.95.

FRA:BTW's Shiller PE Ratio is ranked worse than
91.14% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs FRA:BTW: 43.37

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.

Brown & Brown's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.938. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brown & Brown Shiller PE Ratio Historical Data

The historical data trend for Brown & Brown'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.

Brown & Brown Shiller PE Ratio Chart

Brown & Brown 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 41.01 43.97 54.19 37.04 39.51

Brown & Brown 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 35.43 40.94 40.31 39.51 46.60

Competitive Comparison of Brown & Brown's Shiller PE Ratio

For the Insurance Brokers subindustry, Brown & Brown'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.


Brown & Brown's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Brown & Brown 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.

Brown & Brown's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=76.96/1.73
=44.49

* 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.

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

For example, Brown & Brown'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)
=0.938/129.4194*129.4194
=0.938

Current CPI (Mar. 2024) = 129.4194.

Brown & Brown Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.155 100.560 0.199
201409 0.182 100.428 0.235
201412 0.069 99.070 0.090
201503 0.180 99.621 0.234
201506 0.192 100.684 0.247
201509 0.209 100.392 0.269
201512 0.188 99.792 0.244
201603 0.198 100.470 0.255
201606 0.209 101.688 0.266
201609 0.223 101.861 0.283
201612 0.194 101.863 0.246
201703 0.234 102.862 0.294
201706 0.205 103.349 0.257
201709 0.227 104.136 0.282
201712 0.558 104.011 0.694
201803 0.260 105.290 0.320
201806 0.223 106.317 0.271
201809 0.326 106.507 0.396
201812 0.229 105.998 0.280
201903 0.354 107.251 0.427
201906 0.292 108.070 0.350
201909 0.372 108.329 0.444
201912 0.243 108.420 0.290
202003 0.489 108.902 0.581
202006 0.302 108.767 0.359
202009 0.399 109.815 0.470
202012 0.279 109.897 0.329
202103 0.588 111.754 0.681
202106 0.407 114.631 0.460
202109 0.442 115.734 0.494
202112 0.319 117.630 0.351
202203 0.699 121.301 0.746
202206 0.482 125.017 0.499
202209 0.576 125.227 0.595
202212 0.481 125.222 0.497
202303 0.775 127.348 0.788
202306 0.618 128.729 0.621
202309 0.581 129.860 0.579
202312 0.862 129.419 0.862
202403 0.938 129.419 0.938

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.


Brown & Brown  (FRA:BTW) 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.


Brown & Brown Shiller PE Ratio Related Terms

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


Brown & Brown (FRA:BTW) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

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