GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » James River Group Holdings Ltd (NAS:JRVR) » Definitions » Shiller PE Ratio

James River Group Holdings (James River Group Holdings) Shiller PE Ratio : 17.62 (As of Apr. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is James River Group Holdings Shiller PE Ratio?

As of today (2024-04-25), James River Group Holdings's current share price is $9.16. James River Group Holdings's E10 for the quarter that ended in Dec. 2023 was $0.52. James River Group Holdings's Shiller PE Ratio for today is 17.62.

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

JRVR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.41   Med: 18.1   Max: 25.72
Current: 17.62

During the past years, James River Group Holdings's highest Shiller PE Ratio was 25.72. The lowest was 8.41. And the median was 18.10.

JRVR's Shiller PE Ratio is ranked worse than
64.53% of 358 companies
in the Insurance industry
Industry Median: 13.36 vs JRVR: 17.62

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.

James River Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $-4.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


James River Group Holdings Shiller PE Ratio Historical Data

The historical data trend for James River Group Holdings'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.

James River Group Holdings Shiller PE Ratio Chart

James River Group Holdings 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 - - - 21.91 17.72

James River Group Holdings 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 21.91 21.42 18.53 15.14 17.72

Competitive Comparison of James River Group Holdings's Shiller PE Ratio

For the Insurance - Specialty subindustry, James River Group Holdings'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.


James River Group Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

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



James River Group Holdings 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.

James River Group Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.16/0.52
=17.62

* 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.

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

For example, James River Group Holdings'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)
=-4.06/129.4194*129.4194
=-4.060

Current CPI (Dec. 2023) = 129.4194.

James River Group Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.320 99.695 0.415
201406 0.333 100.560 0.429
201409 0.602 100.428 0.776
201412 0.310 99.070 0.405
201503 0.320 99.621 0.416
201506 0.430 100.684 0.553
201509 0.640 100.392 0.825
201512 0.430 99.792 0.558
201603 0.430 100.470 0.554
201606 0.490 101.688 0.624
201609 0.710 101.861 0.902
201612 0.850 101.863 1.080
201703 0.610 102.862 0.767
201706 0.480 103.349 0.601
201709 0.340 104.136 0.423
201712 0.010 104.011 0.012
201803 0.520 105.290 0.639
201806 0.560 106.317 0.682
201809 0.640 106.507 0.778
201812 0.380 105.998 0.464
201903 0.750 107.251 0.905
201906 0.660 108.070 0.790
201909 -0.830 108.329 -0.992
201912 0.670 108.420 0.800
202003 -1.210 108.902 -1.438
202006 1.160 108.767 1.380
202009 0.850 109.815 1.002
202012 -0.660 109.897 -0.777
202103 -3.370 111.754 -3.903
202106 0.600 114.631 0.677
202109 -0.640 115.734 -0.716
202112 -1.780 117.630 -1.958
202203 0.250 121.301 0.267
202206 0.130 125.017 0.135
202209 -0.190 125.227 -0.196
202212 0.400 125.222 0.413
202303 0.180 127.348 0.183
202306 0.350 128.729 0.352
202309 0.450 129.860 0.448
202312 -4.060 129.419 -4.060

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.


James River Group Holdings  (NAS:JRVR) 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.


James River Group Holdings Shiller PE Ratio Related Terms

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


James River Group Holdings (James River Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Pitts Bay Road, Wellesley House, 2nd Floor, Pembroke, BMU, HM08
James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.
Executives
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Matthew Botein director 141 FRONT STREET, HAMILTON D0 HM19
Gallatin Point Capital Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Investments (thames) Lp director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Lewis A Sachs director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Ii Gp Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Gould Kirstin Romann director C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter B. Migliorato director 3401 NORTH OCEAN, NORTH 301, PALM BEACH FL 33480
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Sherman Ollie L. Jr. director C/O JAMES RIVER GROUP HOLDINGS,LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Sundar Srinivasan director C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08
Sarah C. Doran officer: Chief Financial Officer C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Richard Schmitzer officer: Pres. & CEO - E&S Lines Sgmt C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08

James River Group Holdings (James River Group Holdings) Headlines

From GuruFocus