GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kinsale Capital Group Inc (FRA:KCH) » Definitions » E10

Kinsale Capital Group (FRA:KCH) E10 : €3.83 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Kinsale Capital 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.

Kinsale Capital Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €12.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.83 for the trailing ten years ended in Dec. 2023.

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 (2024-06-09), Kinsale Capital Group's current stock price is € 360.00. Kinsale Capital Group's E10 for the fiscal year that ended in Dec. 2023 was €3.83. Kinsale Capital Group's Shiller PE Ratio of today is 93.99.

During the past 11 years, the highest Shiller PE Ratio of Kinsale Capital Group was 123.11. The lowest was 83.97. And the median was 99.15.


Kinsale Capital Group E10 Historical Data

The historical data trend for Kinsale Capital 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.

Kinsale Capital Group E10 Chart

Kinsale Capital 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 - - - 2.73 3.83

Kinsale Capital 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 - - - 3.83 -

Competitive Comparison of Kinsale Capital Group's E10

For the Insurance - Property & Casualty subindustry, Kinsale Capital 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.


Kinsale Capital Group's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Kinsale Capital 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, Kinsale Capital Group's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.123/129.4194*129.4194
=12.123

Current CPI (Dec. 2023) = 129.4194.

Kinsale Capital Group Annual Data

per_share_eps CPI Adj_EPS
201412 0.502 99.070 0.656
201512 0.975 99.792 1.264
201612 1.176 101.863 1.494
201712 0.980 104.011 1.219
201812 1.371 105.998 1.674
201912 2.574 108.420 3.073
202012 3.181 109.897 3.746
202112 5.859 117.630 6.446
202212 6.495 125.222 6.713
202312 12.123 129.419 12.123

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


Kinsale Capital Group  (FRA:KCH) 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.

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

Shiller PE Ratio=Share Price/E10
=360.00/3.83
=93.99

* 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 11 years, the highest Shiller P/E Ratio of Kinsale Capital Group was 123.11. The lowest was 83.97. And the median was 99.15.


Be Aware

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


Kinsale Capital Group E10 Related Terms

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


Kinsale Capital Group (FRA:KCH) Business Description

Traded in Other Exchanges
Address
2035 Maywill Street, Suite 100, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment that is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.

Kinsale Capital Group (FRA:KCH) Headlines

No Headlines