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SiriusPoint (FRA:3XPA) E10 : €0.28 (As of Mar. 2024)


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What is SiriusPoint 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.

SiriusPoint's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SiriusPoint's average E10 Growth Rate was -17.90% 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.

As of today (2024-06-03), SiriusPoint's current stock price is €11.70. SiriusPoint's E10 for the quarter that ended in Mar. 2024 was €0.28. SiriusPoint's Shiller PE Ratio of today is 41.79.

During the past 13 years, the highest Shiller PE Ratio of SiriusPoint was 41.09. The lowest was 7.06. And the median was 16.99.


SiriusPoint E10 Historical Data

The historical data trend for SiriusPoint'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.

SiriusPoint E10 Chart

SiriusPoint 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 - - 0.64 0.37 0.28

SiriusPoint 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 0.33 0.35 0.35 0.28 0.28

Competitive Comparison of SiriusPoint's E10

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


SiriusPoint's Shiller PE Ratio Distribution in the Insurance Industry

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

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



SiriusPoint 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, SiriusPoint'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)
=0.451/131.7762*131.7762
=0.451

Current CPI (Mar. 2024) = 131.7762.

SiriusPoint Quarterly Data

per share eps CPI Adj_EPS
201406 0.213 100.560 0.279
201409 -0.047 100.428 -0.062
201412 -0.114 99.070 -0.152
201503 0.434 99.621 0.574
201506 0.134 100.684 0.175
201509 -1.675 100.392 -2.199
201512 0.358 99.792 0.473
201603 -0.440 100.470 -0.577
201606 0.454 101.688 0.588
201609 0.606 101.861 0.784
201612 -0.427 101.863 -0.552
201703 0.916 102.862 1.173
201706 0.632 103.349 0.806
201709 0.436 104.136 0.552
201712 0.355 104.011 0.450
201803 -0.211 105.290 -0.264
201806 0.163 106.317 0.202
201809 -0.120 106.507 -0.148
201812 -2.848 105.998 -3.541
201903 1.266 107.251 1.556
201906 0.504 108.070 0.615
201909 -0.145 108.329 -0.176
201912 0.288 108.420 0.350
202003 -1.801 108.902 -2.179
202006 1.181 108.767 1.431
202009 0.620 109.815 0.744
202012 1.175 109.897 1.409
202103 1.134 111.754 1.337
202106 0.307 114.631 0.353
202109 -0.289 115.734 -0.329
202112 -0.779 117.630 -0.873
202203 -1.235 121.301 -1.342
202206 -0.359 125.017 -0.378
202209 -0.616 125.227 -0.648
202212 -0.160 125.222 -0.168
202303 0.691 127.348 0.715
202306 0.342 128.729 0.350
202309 0.300 129.860 0.304
202312 0.458 129.419 0.466
202403 0.451 131.776 0.451

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


SiriusPoint  (FRA:3XPA) 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.

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

Shiller PE Ratio=Share Price/E10
=11.70/0.28
=41.79

* 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 SiriusPoint was 41.09. The lowest was 7.06. And the median was 16.99.


Be Aware

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


SiriusPoint E10 Related Terms

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


SiriusPoint (FRA:3XPA) Business Description

Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.

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