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Old Republic International (FRA:ORJ) Shiller PE Ratio : 11.54 (As of May. 01, 2024)


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What is Old Republic International Shiller PE Ratio?

As of today (2024-05-01), Old Republic International's current share price is €27.69. Old Republic International's E10 for the quarter that ended in Dec. 2023 was €2.40. Old Republic International's Shiller PE Ratio for today is 11.54.

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

FRA:ORJ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.77   Med: 22.2   Max: 62.88
Current: 11.3

During the past years, Old Republic International's highest Shiller PE Ratio was 62.88. The lowest was 8.77. And the median was 22.20.

FRA:ORJ's Shiller PE Ratio is ranked better than
61.43% of 363 companies
in the Insurance industry
Industry Median: 13.14 vs FRA:ORJ: 11.30

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.

Old Republic International's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.633. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Republic International Shiller PE Ratio Historical Data

The historical data trend for Old Republic International'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.

Old Republic International Shiller PE Ratio Chart

Old Republic International 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 17.71 13.55 11.46 9.47 11.13

Old Republic International 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 9.48 9.57 10.27 11.13 -

Competitive Comparison of Old Republic International's Shiller PE Ratio

For the Insurance - Diversified subindustry, Old Republic International'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.


Old Republic International's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Old Republic International's Shiller PE Ratio falls into.



Old Republic International 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.

Old Republic International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=27.69/2.4
=11.54

* 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.

Old Republic International's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Old Republic International'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)
=0.633/129.4194*129.4194
=0.633

Current CPI (Dec. 2023) = 129.4194.

Old Republic International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.484 99.695 0.628
201406 0.177 100.560 0.228
201409 0.233 100.428 0.300
201412 0.187 99.070 0.244
201503 0.333 99.621 0.433
201506 0.321 100.684 0.413
201509 0.392 100.392 0.505
201512 0.294 99.792 0.381
201603 0.386 100.470 0.497
201606 0.312 101.688 0.397
201609 0.347 101.861 0.441
201612 0.436 101.863 0.554
201703 0.365 102.862 0.459
201706 0.312 103.349 0.391
201709 0.143 104.136 0.178
201712 0.853 104.011 1.061
201803 0.008 105.290 0.010
201806 0.565 106.317 0.688
201809 0.788 106.507 0.958
201812 -0.316 105.998 -0.386
201903 1.212 107.251 1.463
201906 0.487 108.070 0.583
201909 0.608 108.329 0.726
201912 0.819 108.420 0.978
202003 -1.819 108.902 -2.162
202006 1.190 108.767 1.416
202009 0.705 109.815 0.831
202012 1.430 109.897 1.684
202103 1.411 111.754 1.634
202106 0.872 114.631 0.984
202109 0.247 115.734 0.276
202112 1.823 117.630 2.006
202203 0.908 121.301 0.969
202206 -0.123 125.017 -0.127
202209 -0.313 125.227 -0.323
202212 1.633 125.222 1.688
202303 0.635 127.348 0.645
202306 0.498 128.729 0.501
202309 0.178 129.860 0.177
202312 0.633 129.419 0.633

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.


Old Republic International  (FRA:ORJ) 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.


Old Republic International Shiller PE Ratio Related Terms

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


Old Republic International (FRA:ORJ) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.

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