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Taiwan Fire & Marine Insurance Co (TPE:2832) Shiller PE Ratio : 11.79 (As of Jun. 03, 2024)


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What is Taiwan Fire & Marine Insurance Co Shiller PE Ratio?

As of today (2024-06-03), Taiwan Fire & Marine Insurance Co's current share price is NT$28.05. Taiwan Fire & Marine Insurance Co's E10 for the quarter that ended in Mar. 2024 was NT$2.38. Taiwan Fire & Marine Insurance Co's Shiller PE Ratio for today is 11.79.

The historical rank and industry rank for Taiwan Fire & Marine Insurance Co's Shiller PE Ratio or its related term are showing as below:

TPE:2832' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.5   Med: 9.2   Max: 12.39
Current: 11.79

During the past years, Taiwan Fire & Marine Insurance Co's highest Shiller PE Ratio was 12.39. The lowest was 1.50. And the median was 9.20.

TPE:2832's Shiller PE Ratio is ranked better than
59.89% of 364 companies
in the Insurance industry
Industry Median: 13.21 vs TPE:2832: 11.79

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.

Taiwan Fire & Marine Insurance Co's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Fire & Marine Insurance Co Shiller PE Ratio Historical Data

The historical data trend for Taiwan Fire & Marine Insurance Co'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.

Taiwan Fire & Marine Insurance Co Shiller PE Ratio Chart

Taiwan Fire & Marine Insurance Co 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 9.21 9.46 9.33 9.08 11.55

Taiwan Fire & Marine Insurance Co 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 9.04 9.82 9.93 11.55 11.10

Competitive Comparison of Taiwan Fire & Marine Insurance Co's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Taiwan Fire & Marine Insurance Co'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.


Taiwan Fire & Marine Insurance Co's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Fire & Marine Insurance Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Fire & Marine Insurance Co's Shiller PE Ratio falls into.



Taiwan Fire & Marine Insurance Co 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.

Taiwan Fire & Marine Insurance Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.05/2.38
=11.79

* 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.

Taiwan Fire & Marine Insurance Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Taiwan Fire & Marine Insurance Co'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)
=1.1/131.7762*131.7762
=1.100

Current CPI (Mar. 2024) = 131.7762.

Taiwan Fire & Marine Insurance Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.320 100.560 0.419
201409 0.400 100.428 0.525
201412 0.500 99.070 0.665
201503 0.640 99.621 0.847
201506 1.500 100.684 1.963
201509 0.410 100.392 0.538
201512 0.440 99.792 0.581
201603 0.330 100.470 0.433
201606 0.170 101.688 0.220
201609 0.570 101.861 0.737
201612 0.280 101.863 0.362
201703 0.580 102.862 0.743
201706 0.630 103.349 0.803
201709 0.780 104.136 0.987
201712 0.350 104.011 0.443
201803 0.520 105.290 0.651
201806 0.490 106.317 0.607
201809 0.460 106.507 0.569
201812 0.070 105.998 0.087
201903 0.570 107.251 0.700
201906 0.410 108.070 0.500
201909 0.610 108.329 0.742
201912 0.340 108.420 0.413
202003 0.360 108.902 0.436
202006 0.560 108.767 0.678
202009 0.620 109.815 0.744
202012 0.360 109.897 0.432
202103 -0.060 111.754 -0.071
202106 -0.670 114.631 -0.770
202109 0.430 115.734 0.490
202112 1.330 117.630 1.490
202203 0.200 121.301 0.217
202206 0.810 125.017 0.854
202209 0.710 125.227 0.747
202212 0.140 125.222 0.147
202303 0.670 127.348 0.693
202306 0.800 128.729 0.819
202309 0.880 129.860 0.893
202312 0.350 129.419 0.356
202403 1.100 131.776 1.100

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.


Taiwan Fire & Marine Insurance Co  (TPE:2832) 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.


Taiwan Fire & Marine Insurance Co Shiller PE Ratio Related Terms

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Taiwan Fire & Marine Insurance Co (TPE:2832) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, No. 49, Guanqian Road, Zhongzheng District, Taipei, TWN, 100
Taiwan Fire & Marine Insurance Co Ltd is a diversified insurance company that generates the vast majority of its revenue through underwriting and investment performance in Taiwan. The company offers a variety of insurance services that include fire, marine, Aviation, automobile, and casualty insurance, as well as reinsurance for the abovementioned insurances. It also provides liability insurance and health insurance, The bulk of the company's income is generated through automobile insurance, commercial fire insurance, and residential earthquake insurance.

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