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MetLife (MetLife) Shiller PE Ratio

: 12.81 (As of Today)
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As of today (2024-04-18), MetLife's current share price is $69.95. MetLife's E10 for the quarter that ended in Dec. 2023 was $5.46. MetLife's Shiller PE Ratio for today is 12.81.

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

MET' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.96   Med: 12.05   Max: 18.46
Current: 12.81

During the past years, MetLife's highest Shiller PE Ratio was 18.46. The lowest was 5.96. And the median was 12.05.

MET's Shiller PE Ratio is ranked better than
52.35% of 361 companies
in the Insurance industry
Industry Median: 13.04 vs MET: 12.81

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.

MetLife's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Shiller PE Ratio Historical Data

The historical data trend for MetLife'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.

MetLife Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.47 10.75 13.25 13.21 12.10

MetLife 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 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 Premium Member Only Premium Member Only Premium Member Only 13.21 10.61 10.25 11.42 12.10

Competitive Comparison

For the Insurance - Life subindustry, MetLife'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.


MetLife Shiller PE Ratio Distribution

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

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



MetLife 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.

MetLife's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.95/5.46
=12.81

* 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.

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

For example, MetLife'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)
=0.77/129.4194*129.4194
=0.770

Current CPI (Dec. 2023) = 129.4194.

MetLife Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.140 99.695 1.480
201406 1.170 100.560 1.506
201409 1.810 100.428 2.333
201412 1.300 99.070 1.698
201503 1.870 99.621 2.429
201506 0.923 100.684 1.186
201509 1.060 100.392 1.366
201512 0.700 99.792 0.908
201603 1.980 100.470 2.551
201606 0.060 101.688 0.076
201609 0.510 101.861 0.648
201612 -1.940 101.863 -2.465
201703 0.790 102.862 0.994
201706 0.800 103.349 1.002
201709 -0.090 104.136 -0.112
201712 2.140 104.011 2.663
201803 1.190 105.290 1.463
201806 0.830 106.317 1.010
201809 0.880 106.507 1.069
201812 2.040 105.998 2.491
201903 1.400 107.251 1.689
201906 1.770 108.070 2.120
201909 2.300 108.329 2.748
201912 0.580 108.420 0.692
202003 4.746 108.902 5.640
202006 0.070 108.767 0.083
202009 0.690 109.815 0.813
202012 0.138 109.897 0.163
202103 0.330 111.754 0.382
202106 3.909 114.631 4.413
202109 1.770 115.734 1.979
202112 1.390 117.630 1.529
202203 1.890 121.301 2.016
202206 1.080 125.017 1.118
202209 1.370 125.227 1.416
202212 1.660 125.222 1.716
202303 0.020 127.348 0.020
202306 0.480 128.729 0.483
202309 0.560 129.860 0.558
202312 0.770 129.419 0.770

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.


MetLife  (NYSE:MET) 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.


MetLife Shiller PE Ratio Related Terms

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


MetLife (MetLife) Business Description

Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.
Executives
Marlene Debel officer: EVP & Chief Risk Officer METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Bill Pappas officer: EVP, Global Tech. & Ops. METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Susan M Podlogar officer: EVP & Chief HR Officer 200 PARK AVENUE, NEW YORK NY 10166
Steven J Goulart officer: EVP & Chief Investment Officer 200 PARK AVENUE, NEW YORK NY 10166
Michel Khalaf director, officer: President & CEO 200 PARK AVENUE, NEW YORK NY 10166
Carla A Harris director 702 SW 8TH STREET, BENTONVILLE AR 72716
William E Kennard director METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
Catherine R Kinney director C/O QTS REALTY TRUST INC., 12851 FOSTER STREET, OVERLAND PARK KS 66213
Cheryl W Grise director NORTHEAST UTILITIES, 107 SELDEN STREET, BERLIN CT 06037
Gerald L Hassell director
Mark A Weinberger director METLIFE, INC., 200 PARK AVENUE, NEW YORK NY 10166
David L Herzog director 180 MAIDEN LANE, NEW YORK NY 10038
Denise M Morrison director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166

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