GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz SE (WAR:ALV) » Definitions » Shiller PE Ratio

Allianz SE (WAR:ALV) Shiller PE Ratio : 13.03 (As of May. 17, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Allianz SE Shiller PE Ratio?

As of today (2024-05-17), Allianz SE's current share price is zł1124.50. Allianz SE's E10 for the quarter that ended in Dec. 2023 was zł86.32. Allianz SE's Shiller PE Ratio for today is 13.03.

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

WAR:ALV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.35   Med: 11.03   Max: 13.24
Current: 12.68

During the past years, Allianz SE's highest Shiller PE Ratio was 13.24. The lowest was 7.35. And the median was 11.03.

WAR:ALV's Shiller PE Ratio is ranked better than
53.87% of 362 companies
in the Insurance industry
Industry Median: 13.6 vs WAR:ALV: 12.68

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.

Allianz SE's adjusted earnings per share data for the three months ended in Dec. 2023 was zł23.522. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is zł86.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Shiller PE Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Shiller PE Ratio Chart

Allianz SE 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 11.92 11.46 10.13 10.17 11.52

Allianz SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.17 10.48 10.36 10.82 11.52

Competitive Comparison of Allianz SE's Shiller PE Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Allianz SE 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.

Allianz SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1124.50/86.32
=13.03

* 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.

Allianz SE's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Allianz SE's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.522/123.7729*123.7729
=23.522

Current CPI (Dec. 2023) = 123.7729.

Allianz SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 19.327 99.543 24.032
201406 20.536 99.543 25.535
201409 17.855 99.823 22.139
201412 13.056 99.543 16.234
201503 17.039 99.717 21.150
201506 19.349 100.417 23.849
201509 13.216 100.417 16.290
201512 13.378 99.717 16.605
201603 20.662 100.017 25.570
201606 10.570 100.717 12.990
201609 18.422 101.017 22.572
201612 16.774 101.217 20.512
201703 16.799 101.417 20.502
201706 19.379 102.117 23.489
201709 16.514 102.717 19.899
201712 15.139 102.617 18.260
201803 21.443 102.917 25.788
201806 20.292 104.017 24.146
201809 20.852 104.718 24.646
201812 17.643 104.217 20.954
201903 20.678 104.217 24.558
201906 22.474 105.718 26.312
201909 19.929 106.018 23.267
201912 19.418 105.818 22.713
202003 14.617 105.718 17.113
202006 16.248 106.618 18.862
202009 22.960 105.818 26.856
202012 20.593 105.518 24.156
202103 29.181 107.518 33.593
202106 25.608 108.486 29.217
202109 23.724 109.435 26.832
202112 48.015 110.384 53.839
202203 5.033 113.968 5.466
202206 20.151 115.760 21.546
202209 27.319 118.818 28.458
202212 39.714 119.345 41.187
202303 21.324 122.402 21.563
202306 24.817 123.140 24.944
202309 21.424 124.195 21.351
202312 23.522 123.773 23.522

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.


Allianz SE  (WAR:ALV) 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.


Allianz SE Shiller PE Ratio Related Terms

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


Allianz SE (WAR:ALV) Business Description

Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

Allianz SE (WAR:ALV) Headlines