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Aon (FRA:4VK) Shiller PE Ratio : 34.43 (As of May. 08, 2024)


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What is Aon Shiller PE Ratio?

As of today (2024-05-08), Aon's current share price is €263.40. Aon's E10 for the quarter that ended in Mar. 2024 was €7.65. Aon's Shiller PE Ratio for today is 34.43.

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

FRA:4VK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.67   Med: 38.28   Max: 64.16
Current: 34.97

During the past years, Aon's highest Shiller PE Ratio was 64.16. The lowest was 22.67. And the median was 38.28.

FRA:4VK's Shiller PE Ratio is ranked worse than
87.85% of 362 companies
in the Insurance industry
Industry Median: 13.28 vs FRA:4VK: 34.97

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.

Aon's adjusted earnings per share data for the three months ended in Mar. 2024 was €4.922. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aon Shiller PE Ratio Historical Data

The historical data trend for Aon'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.

Aon Shiller PE Ratio Chart

Aon 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 48.33 43.51 55.82 44.60 37.14

Aon 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 43.38 45.59 41.75 37.14 40.48

Competitive Comparison of Aon's Shiller PE Ratio

For the Insurance Brokers subindustry, Aon'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.


Aon's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Aon 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.

Aon's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=263.40/7.65
=34.43

* 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.

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

For example, Aon'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)
=4.922/120.1096*120.1096
=4.922

Current CPI (Mar. 2024) = 120.1096.

Aon Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.743 100.773 0.886
201409 0.807 100.474 0.965
201412 1.265 99.576 1.526
201503 1.053 99.975 1.265
201506 0.552 100.573 0.659
201509 0.927 100.274 1.110
201512 1.919 99.676 2.312
201603 1.069 99.676 1.288
201606 0.988 101.072 1.174
201609 1.051 100.274 1.259
201612 1.773 99.676 2.136
201703 1.019 100.374 1.219
201706 2.608 100.673 3.112
201709 0.604 100.474 0.722
201712 -0.068 100.075 -0.082
201803 1.922 100.573 2.295
201806 0.163 101.072 0.194
201809 0.514 101.371 0.609
201812 1.239 100.773 1.477
201903 2.390 101.670 2.823
201906 1.009 102.168 1.186
201909 0.844 102.268 0.991
201912 1.422 102.068 1.673
202003 2.977 102.367 3.493
202006 1.510 101.769 1.782
202009 1.002 101.072 1.191
202012 1.866 101.072 2.217
202103 3.360 102.367 3.942
202106 1.378 103.364 1.601
202109 -3.392 104.859 -3.885
202112 3.452 106.653 3.888
202203 4.295 109.245 4.722
202206 2.204 112.734 2.348
202209 1.939 113.431 2.053
202212 2.964 115.425 3.084
202303 4.735 117.618 4.835
202306 2.501 119.611 2.511
202309 2.090 120.708 2.080
202312 2.265 120.110 2.265
202403 4.922 120.110 4.922

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.


Aon  (FRA:4VK) 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.


Aon Shiller PE Ratio Related Terms

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


Aon (FRA:4VK) Business Description

Traded in Other Exchanges
Address
James Joyce Street, Metropolitan Building, Dublin 1, IRL, D01 K0Y8
Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries around the world.

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