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Markel Group (FRA:MKV) Shiller PE Ratio : 21.98 (As of Apr. 29, 2024)


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What is Markel Group Shiller PE Ratio?

As of today (2024-04-29), Markel Group's current share price is €1350.00. Markel Group's E10 for the quarter that ended in Dec. 2023 was €61.43. Markel Group's Shiller PE Ratio for today is 21.98.

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

FRA:MKV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.63   Med: 30.36   Max: 51.86
Current: 20.98

During the past years, Markel Group's highest Shiller PE Ratio was 51.86. The lowest was 20.63. And the median was 30.36.

FRA:MKV's Shiller PE Ratio is ranked worse than
72.3% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs FRA:MKV: 20.98

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.

Markel Group's adjusted earnings per share data for the three months ended in Dec. 2023 was €51.792. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €61.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Shiller PE Ratio Historical Data

The historical data trend for Markel Group'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.

Markel Group Shiller PE Ratio Chart

Markel Group 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 32.40 27.16 21.66 23.99 20.74

Markel Group 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 23.99 21.89 21.72 23.02 20.74

Competitive Comparison of Markel Group's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Markel Group'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.


Markel Group's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Markel Group 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.

Markel Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1350.00/61.43
=21.98

* 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.

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

For example, Markel Group'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)
=51.792/129.4194*129.4194
=51.792

Current CPI (Dec. 2023) = 129.4194.

Markel Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.519 99.695 5.866
201406 1.958 100.560 2.520
201409 4.113 100.428 5.300
201412 6.529 99.070 8.529
201503 12.465 99.621 16.193
201506 5.988 100.684 7.697
201509 6.584 100.392 8.488
201512 12.981 99.792 16.835
201603 10.013 100.470 12.898
201606 4.815 101.688 6.128
201609 4.990 101.861 6.340
201612 8.636 101.863 10.972
201703 3.646 102.862 4.587
201706 9.176 103.349 11.491
201709 -15.790 104.136 -19.624
201712 25.680 104.011 31.953
201803 -3.447 105.290 -4.237
201806 17.094 106.317 20.809
201809 24.425 106.507 29.680
201812 -47.361 105.998 -57.826
201903 37.843 107.251 45.665
201906 31.922 108.070 38.228
201909 12.667 108.329 15.133
201912 32.634 108.420 38.955
202003 -91.043 108.902 -108.196
202006 58.386 108.767 69.472
202009 26.344 109.815 31.047
202012 48.769 109.897 57.433
202103 35.297 111.754 40.876
202106 47.327 114.631 53.432
202109 12.827 115.734 14.344
202112 55.259 117.630 60.798
202203 -5.902 121.301 -6.297
202206 -65.416 125.017 -67.720
202209 3.111 125.227 3.215
202212 46.303 125.222 47.855
202303 34.801 127.348 35.367
202306 46.233 128.729 46.481
202309 2.942 129.860 2.932
202312 51.792 129.419 51.792

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.


Markel Group  (FRA:MKV) 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.


Markel Group Shiller PE Ratio Related Terms

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


Markel Group (FRA:MKV) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.