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Employers Holdings (Employers Holdings) Shiller PE Ratio : 10.56 (As of Apr. 25, 2024)


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What is Employers Holdings Shiller PE Ratio?

As of today (2024-04-25), Employers Holdings's current share price is $44.90. Employers Holdings's E10 for the quarter that ended in Dec. 2023 was $4.25. Employers Holdings's Shiller PE Ratio for today is 10.56.

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

EIG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.95   Med: 10.97   Max: 18.88
Current: 10.56

During the past years, Employers Holdings's highest Shiller PE Ratio was 18.88. The lowest was 7.95. And the median was 10.97.

EIG's Shiller PE Ratio is ranked better than
67.6% of 358 companies
in the Insurance industry
Industry Median: 13.065 vs EIG: 10.56

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.

Employers Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Employers Holdings Shiller PE Ratio Historical Data

The historical data trend for Employers 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.

Employers Holdings Shiller PE Ratio Chart

Employers Holdings 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 13.18 9.37 10.49 10.96 9.26

Employers Holdings 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 10.96 10.28 8.97 9.63 9.26

Competitive Comparison of Employers Holdings's Shiller PE Ratio

For the Insurance - Specialty subindustry, Employers 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.


Employers Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Employers 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.

Employers Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.90/4.25
=10.56

* 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.

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

For example, Employers Holdings'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)
=1.77/129.4194*129.4194
=1.770

Current CPI (Dec. 2023) = 129.4194.

Employers Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.340 99.695 0.441
201406 1.420 100.560 1.828
201409 0.470 100.428 0.606
201412 0.910 99.070 1.189
201503 0.430 99.621 0.559
201506 0.900 100.684 1.157
201509 0.750 100.392 0.967
201512 0.820 99.792 1.063
201603 0.660 100.470 0.850
201606 0.810 101.688 1.031
201609 0.690 101.861 0.877
201612 1.080 101.863 1.372
201703 0.700 102.862 0.881
201706 0.750 103.349 0.939
201709 0.660 104.136 0.820
201712 0.940 104.011 1.170
201803 0.770 105.290 0.946
201806 1.280 106.317 1.558
201809 1.430 106.507 1.738
201812 0.770 105.998 0.940
201903 1.570 107.251 1.895
201906 1.250 108.070 1.497
201909 1.010 108.329 1.207
201912 0.990 108.420 1.182
202003 -1.140 108.902 -1.355
202006 1.970 108.767 2.344
202009 1.050 109.815 1.237
202012 2.190 109.897 2.579
202103 0.800 111.754 0.926
202106 0.920 114.631 1.039
202109 0.530 115.734 0.593
202112 1.940 117.630 2.134
202203 -0.080 121.301 -0.085
202206 -0.560 125.017 -0.580
202209 0.700 125.227 0.723
202212 1.720 125.222 1.778
202303 0.860 127.348 0.874
202306 1.300 128.729 1.307
202309 0.540 129.860 0.538
202312 1.770 129.419 1.770

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.


Employers Holdings  (NYSE:EIG) 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.


Employers Holdings Shiller PE Ratio Related Terms

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


Employers Holdings (Employers Holdings) Business Description

Traded in Other Exchanges
Address
10375 Professional Circle, Reno, NV, USA, 89521
Employers Holdings Inc provides workers' compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay account for more than 90% of total company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.
Executives
Katherine H. Antonello officer: EVP, Chief Actuary 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Alejandro Perez-tenessa director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael J Mcsally director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Christopher Laws officer: EVP, Chief Actuary 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Tracey Lynn Berg officer: EVP, Chief Information Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Stephen V Festa officer: Sr VP & CCO, EICN and ECIC 9790 GATEWAY DRIVE, SUITE 200, RENO NV 89521
Douglas D Dirks director, officer: President and CEO of EIG 10375 PROFESSIONAL CIRCLE, RENO NV 89521
De Figueiredo Joao M director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
James R Kroner director 600 FOURTH STREET, P.O. BOX 6000, SIOUX CITY IA 51102-6000
Jeanne L Mockard director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Lawrence S Rogers officer: SVP, Chief Underwriting Office 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Richard W Blakey director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
John M. Mutschink officer: SVP, Chief HR Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael Scott Paquette officer: EVP, Chief Financial Officer EMPLOYERS HOLDINGS, INC., 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Barry J. Vogt officer: SVP, Chief Claims Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521