GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Everest Group Ltd (BSP:E1VE34) » Definitions » E10

Everest Group (BSP:E1VE34) E10 : R$32.95 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Everest Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Everest Group's adjusted earnings per share data for the three months ended in Mar. 2024 was R$21.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$32.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Everest Group's average E10 Growth Rate was 18.70% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 years, the average E10 Growth Rate was 11.30% per year. During the past 10 years, the average E10 Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Everest Group was 19.60% per year. The lowest was 3.50% per year. And the median was 10.40% per year.

As of today (2024-06-03), Everest Group's current stock price is R$464.00. Everest Group's E10 for the quarter that ended in Mar. 2024 was R$32.95. Everest Group's Shiller PE Ratio of today is 14.08.

During the past 13 years, the highest Shiller PE Ratio of Everest Group was 17.03. The lowest was 9.46. And the median was 14.18.


Everest Group E10 Historical Data

The historical data trend for Everest Group's E10 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.

Everest Group E10 Chart

Everest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 23.19 29.88 26.46 33.85

Everest Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 30.05 30.22 29.55 33.85 32.95

Competitive Comparison of Everest Group's E10

For the Insurance - Reinsurance subindustry, Everest 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.


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

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

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



Everest Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Everest Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.002/131.7762*131.7762
=21.002

Current CPI (Mar. 2024) = 131.7762.

Everest Group Quarterly Data

per share eps CPI Adj_EPS
201406 3.499 100.560 4.585
201409 3.507 100.428 4.602
201412 4.934 99.070 6.563
201503 5.647 99.621 7.470
201506 3.641 100.684 4.765
201509 1.952 100.392 2.562
201512 8.014 99.792 10.583
201603 3.698 100.470 4.850
201606 3.141 101.688 4.070
201609 5.742 101.861 7.428
201612 7.614 101.863 9.850
201703 5.528 102.862 7.082
201706 4.902 103.349 6.250
201709 -12.319 104.136 -15.589
201712 11.409 104.011 14.455
201803 4.189 105.290 5.243
201806 1.603 106.317 1.987
201809 4.972 106.507 6.152
201812 -9.223 105.998 -11.466
201903 8.325 107.251 10.229
201906 7.856 108.070 9.579
201909 2.636 108.329 3.207
201912 5.459 108.420 6.635
202003 0.501 108.902 0.606
202006 6.187 108.767 7.496
202009 8.194 109.815 9.833
202012 2.058 109.897 2.468
202103 12.003 111.754 14.153
202106 21.308 114.631 24.495
202109 -2.481 115.734 -2.825
202112 15.410 117.630 17.263
202203 9.405 121.301 10.217
202206 3.925 125.017 4.137
202209 -10.776 125.227 -11.340
202212 16.549 125.222 17.415
202303 12.123 127.348 12.545
202306 19.730 128.729 20.197
202309 19.298 129.860 19.583
202312 22.698 129.419 23.111
202403 21.002 131.776 21.002

Add all the adjusted EPS together and divide 10 will get our e10.


Everest Group  (BSP:E1VE34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Everest Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=464.00/32.95
=14.08

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Everest Group was 17.03. The lowest was 9.46. And the median was 14.18.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Everest Group E10 Related Terms

Thank you for viewing the detailed overview of Everest Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Everest Group (BSP:E1VE34) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.

Everest Group (BSP:E1VE34) Headlines

No Headlines