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Markel Group (BSP:MKLC34) Shiller PE Ratio : 20.27 (As of May. 06, 2024)


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What is Markel Group Shiller PE Ratio?

As of today (2024-05-06), Markel Group's current share price is R$378.86. Markel Group's E10 for the quarter that ended in Mar. 2024 was R$18.69. Markel Group's Shiller PE Ratio for today is 20.27.

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

BSP:MKLC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.05   Med: 30.36   Max: 51.86
Current: 21.02

During the past years, Markel Group's highest Shiller PE Ratio was 51.86. The lowest was 19.05. And the median was 30.36.

BSP:MKLC34's Shiller PE Ratio is ranked worse than
73.2% of 362 companies
in the Insurance industry
Industry Median: 13.205 vs BSP:MKLC34: 21.02

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.

Markel Group's adjusted earnings per share data for the three months ended in Mar. 2024 was R$18.781. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$18.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Shiller PE Ratio Historical Data

The historical data trend for Markel Group'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.

Markel Group Shiller PE Ratio Chart

Markel Group 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 32.40 27.16 21.66 23.99 20.74

Markel Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.89 21.72 23.02 20.74 20.23

Competitive Comparison of Markel Group's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Markel 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.


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

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

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



Markel Group 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.

Markel Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=378.86/18.69
=20.27

* 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.

Markel Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Markel 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)
=18.781/129.4194*129.4194
=18.781

Current CPI (Mar. 2024) = 129.4194.

Markel Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.297 100.560 0.382
201409 0.620 100.428 0.799
201412 1.063 99.070 1.389
201503 2.119 99.621 2.753
201506 1.046 100.684 1.345
201509 1.442 100.392 1.859
201512 2.744 99.792 3.559
201603 2.062 100.470 2.656
201606 0.926 101.688 1.179
201609 0.911 101.861 1.157
201612 1.528 101.863 1.941
201703 0.610 102.862 0.767
201706 1.699 103.349 2.128
201709 -2.948 104.136 -3.664
201712 5.007 104.011 6.230
201803 -0.697 105.290 -0.857
201806 3.765 106.317 4.583
201809 5.855 106.507 7.115
201812 -10.462 105.998 -12.774
201903 8.211 107.251 9.908
201906 6.954 108.070 8.328
201909 2.873 108.329 3.432
201912 7.441 108.420 8.882
202003 -24.578 108.902 -29.209
202006 17.057 108.767 20.296
202009 8.378 109.815 9.874
202012 15.262 109.897 17.973
202103 11.839 111.754 13.710
202106 14.336 114.631 16.185
202109 3.983 115.734 4.454
202112 17.655 117.630 19.425
202203 -1.617 121.301 -1.725
202206 -17.452 125.017 -18.067
202209 0.808 125.227 0.835
202212 12.864 125.222 13.295
202303 9.704 127.348 9.862
202306 12.156 128.729 12.221
202309 0.775 129.860 0.772
202312 13.837 129.419 13.837
202403 18.781 129.419 18.781

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.


Markel Group  (BSP:MKLC34) 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.


Markel Group Shiller PE Ratio Related Terms

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


Markel Group (BSP:MKLC34) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

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