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Alexander Forbes Group Holdings (JSE:AFH) Shiller PE Ratio : 15.71 (As of May. 24, 2024)


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What is Alexander Forbes Group Holdings Shiller PE Ratio?

As of today (2024-05-24), Alexander Forbes Group Holdings's current share price is R6.60. Alexander Forbes Group Holdings's E10 for the fiscal year that ended in Mar23 was R0.42. Alexander Forbes Group Holdings's Shiller PE Ratio for today is 15.71.

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

JSE:AFH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.43   Med: 15.01   Max: 18.72
Current: 15.02

During the past 12 years, Alexander Forbes Group Holdings's highest Shiller PE Ratio was 18.72. The lowest was 11.43. And the median was 15.01.

JSE:AFH's Shiller PE Ratio is ranked worse than
55.81% of 43 companies
in the Diversified Financial Services industry
Industry Median: 14.63 vs JSE:AFH: 15.02

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.

Alexander Forbes Group Holdings's adjusted earnings per share data of for the fiscal year that ended in Mar23 was R0.535. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R0.42 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alexander Forbes Group Holdings Shiller PE Ratio Historical Data

The historical data trend for Alexander Forbes Group Holdings'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.

Alexander Forbes Group Holdings Shiller PE Ratio Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16.29 14.39 12.07

Alexander Forbes Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 14.39 - 12.07 -

Competitive Comparison of Alexander Forbes Group Holdings's Shiller PE Ratio

For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings'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.


Alexander Forbes Group Holdings's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Shiller PE Ratio distribution charts can be found below:

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



Alexander Forbes Group Holdings 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.

Alexander Forbes Group Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.60/0.42
=15.71

* 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.

Alexander Forbes Group Holdings's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Alexander Forbes Group Holdings's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.535/147.5864*147.5864
=0.535

Current CPI (Mar23) = 147.5864.

Alexander Forbes Group Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.071 94.723 0.111
201503 0.202 98.538 0.303
201603 0.564 104.969 0.793
201703 1.138 111.400 1.508
201803 0.188 115.542 0.240
201903 0.269 120.774 0.329
202003 -0.118 125.679 -0.139
202103 0.137 129.628 0.156
202203 0.365 137.594 0.392
202303 0.535 147.586 0.535

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.


Alexander Forbes Group Holdings  (JSE:AFH) 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.


Alexander Forbes Group Holdings Shiller PE Ratio Related Terms

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Alexander Forbes Group Holdings (JSE:AFH) Business Description

Traded in Other Exchanges
N/A
Address
115 West Street, Alexander Forbes, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd offers integrated retirement, investment, life, and insurance solutions to customers worldwide. Alexander's business is divided into two platforms, institutional and retail. Its reported segments Investment Solutions, AF Financial Services, and AF Insurance serve clients under each of its platforms. The group's customer base is composed of retirement funds, corporations, trustees, unions, individuals, dependents, and other organizations. Products and services include consulting and advisory for a range of different situations, such as actuarial, asset and investment, and beneficiary fund. On the retail side, individuals and dependents are offered insurance, research, investment portfolios, and other services.

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