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Swiss Life Holding AG (XSWX:SLHN) Shiller PE Ratio : 18.26 (As of Apr. 27, 2024)


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What is Swiss Life Holding AG Shiller PE Ratio?

As of today (2024-04-27), Swiss Life Holding AG's current share price is CHF617.80. Swiss Life Holding AG's E10 for the fiscal year that ended in Dec23 was CHF33.84. Swiss Life Holding AG's Shiller PE Ratio for today is 18.26.

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

XSWX:SLHN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.53   Med: 17.09   Max: 23.6
Current: 18.09

During the past 13 years, Swiss Life Holding AG's highest Shiller PE Ratio was 23.60. The lowest was 9.53. And the median was 17.09.

XSWX:SLHN's Shiller PE Ratio is ranked worse than
66.48% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs XSWX:SLHN: 18.09

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.

Swiss Life Holding AG's adjusted earnings per share data of for the fiscal year that ended in Dec23 was CHF37.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF33.84 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swiss Life Holding AG Shiller PE Ratio Historical Data

The historical data trend for Swiss Life Holding AG'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.

Swiss Life Holding AG Shiller PE Ratio Chart

Swiss Life Holding AG 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 20.29 16.29 20.11 14.84 17.26

Swiss Life Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 20.11 - 14.84 - 17.26

Competitive Comparison of Swiss Life Holding AG's Shiller PE Ratio

For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.


Swiss Life Holding AG's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Swiss Life Holding AG's Shiller PE Ratio falls into.



Swiss Life Holding AG 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.

Swiss Life Holding AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=617.80/33.84
=18.26

* 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.

Swiss Life Holding AG's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Swiss Life Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=37.01/106.4611*106.4611
=37.010

Current CPI (Dec23) = 106.4611.

Swiss Life Holding AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 24.110 100.704 25.488
201512 25.850 99.386 27.690
201612 27.270 99.380 29.213
201712 29.630 100.213 31.477
201812 31.490 100.906 33.224
201912 36.480 101.063 38.428
202012 32.780 100.241 34.814
202112 39.930 101.776 41.768
202212 38.620 104.666 39.282
202312 37.010 106.461 37.010

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.


Swiss Life Holding AG  (XSWX:SLHN) 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.


Swiss Life Holding AG Shiller PE Ratio Related Terms

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Swiss Life Holding AG (XSWX:SLHN) Business Description

Address
General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in importance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and its financial advisor network. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

Swiss Life Holding AG (XSWX:SLHN) Headlines

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