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Prudential Financial (Prudential Financial) Shiller PE Ratio

: 11.02 (As of Today)
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As of today (2024-04-24), Prudential Financial's current share price is $112.05. Prudential Financial's E10 for the quarter that ended in Dec. 2023 was $10.17. Prudential Financial's Shiller PE Ratio for today is 11.02.

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

PRU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.16   Med: 13.29   Max: 20.73
Current: 11.02

During the past years, Prudential Financial's highest Shiller PE Ratio was 20.73. The lowest was 5.16. And the median was 13.29.

PRU's Shiller PE Ratio is ranked better than
64.53% of 358 companies
in the Insurance industry
Industry Median: 13.065 vs PRU: 11.02

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.

Prudential Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $10.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prudential Financial Shiller PE Ratio Historical Data

The historical data trend for Prudential Financial'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.

Prudential Financial 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 11.45 10.63 12.06 11.07 10.20

Prudential Financial 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 11.07 8.50 8.72 9.76 10.20

Competitive Comparison

For the Insurance - Life subindustry, Prudential Financial'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.


Prudential Financial Shiller PE Ratio Distribution

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

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



Prudential Financial 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.

Prudential Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=112.05/10.17
=11.02

* 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.

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

For example, Prudential Financial'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)
=3.61/129.4194*129.4194
=3.610

Current CPI (Dec. 2023) = 129.4194.

Prudential Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.590 99.695 3.362
201406 2.220 100.560 2.857
201409 0.990 100.428 1.276
201412 -3.194 99.070 -4.172
201503 4.370 99.621 5.677
201506 3.030 100.684 3.895
201509 3.160 100.392 4.074
201512 1.600 99.792 2.075
201603 2.930 100.470 3.774
201606 2.040 101.688 2.596
201609 4.070 101.861 5.171
201612 1.711 101.863 2.174
201703 3.090 102.862 3.888
201706 1.120 103.349 1.403
201709 5.090 104.136 6.326
201712 8.701 104.011 10.827
201803 3.140 105.290 3.860
201806 0.460 106.317 0.560
201809 3.900 106.507 4.739
201812 1.999 105.998 2.441
201903 2.220 107.251 2.679
201906 1.710 108.070 2.048
201909 3.440 108.329 4.110
201912 2.794 108.420 3.335
202003 -0.700 108.902 -0.832
202006 -6.120 108.767 -7.282
202009 3.700 109.815 4.361
202012 2.030 109.897 2.391
202103 6.980 111.754 8.083
202106 5.400 114.631 6.097
202109 3.900 115.734 4.361
202112 3.130 117.630 3.444
202203 -1.330 121.301 -1.419
202206 -2.710 125.017 -2.805
202209 -0.260 125.227 -0.269
202212 -0.160 125.222 -0.165
202303 3.930 127.348 3.994
202306 1.380 128.729 1.387
202309 -2.230 129.860 -2.222
202312 3.610 129.419 3.610

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.


Prudential Financial  (NYSE:PRU) 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.


Prudential Financial Shiller PE Ratio Related Terms

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


Prudential Financial (Prudential Financial) Business Description

Address
751 Broad Street, Newark, NJ, USA, 07102
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 15% of its earnings and has over $1.5 trillion in assets under management. The U.S. businesses are responsible for about 45% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
Executives
Kenneth Tanji officer: EVP and CFO 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Timothy L Schmidt officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Kathleen Murphy director 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Caroline Feeney officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Ann M Kappler officer: EVP and General Counsel PRUDENTIAL FINANCIAL, INC., 751 BROAD STREET, 5TH FLOOR, NEWARK NJ 07102
Robert Axel officer: SVP and Controller 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Andrew F Sullivan officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Nicholas C Silitch officer: Senior Vice President 751 BROAD STREET, 5TH FLR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Scott Sleyster officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Robert Falzon officer: EVP and CFO 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Charles F Lowrey officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Michael Todman director C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Wendy Elizabeth Jones director 2025 HAMILTON AVE, SAN JOSE CA 95125
Stacey Goodman officer: Executive Vice President C/O CIT GROUP INC., ATTN:GENERAL COUNSEL, 1 CIT DRIVE, LIVINGSTON NJ 07039
Candace Woods officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102