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Sun Life Financial (Sun Life Financial) Shiller PE Ratio : 13.71 (As of Apr. 28, 2024)


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What is Sun Life Financial Shiller PE Ratio?

As of today (2024-04-28), Sun Life Financial's current share price is $51.67. Sun Life Financial's E10 for the quarter that ended in Dec. 2023 was $3.77. Sun Life Financial's Shiller PE Ratio for today is 13.71.

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

SLF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.78   Med: 17.72   Max: 23.85
Current: 14.13

During the past years, Sun Life Financial's highest Shiller PE Ratio was 23.85. The lowest was 11.78. And the median was 17.72.

SLF's Shiller PE Ratio is ranked worse than
55.12% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs SLF: 14.13

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.

Sun Life Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.962. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Life Financial Shiller PE Ratio Historical Data

The historical data trend for Sun Life 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.

Sun Life Financial Shiller PE Ratio Chart

Sun Life 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 19.65 17.87 17.25 13.95 13.74

Sun Life 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 13.95 13.73 14.75 13.30 13.74

Competitive Comparison of Sun Life Financial's Shiller PE Ratio

For the Insurance - Diversified subindustry, Sun Life 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.


Sun Life Financial's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Sun Life 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.

Sun Life Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.67/3.77
=13.71

* 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.

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

For example, Sun Life 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)
=0.962/125.4675*125.4675
=0.962

Current CPI (Dec. 2023) = 125.4675.

Sun Life Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.585 98.604 0.744
201406 0.637 99.473 0.803
201409 0.645 99.394 0.814
201412 0.702 98.367 0.895
201503 0.571 99.789 0.718
201506 0.954 100.500 1.191
201509 0.596 100.421 0.745
201512 0.634 99.947 0.796
201603 0.665 101.054 0.826
201606 0.605 102.002 0.744
201609 0.915 101.765 1.128
201612 0.885 101.449 1.095
201703 0.665 102.634 0.813
201706 0.700 103.029 0.852
201709 1.075 103.345 1.305
201712 0.266 103.345 0.323
201803 0.843 105.004 1.007
201806 0.884 105.557 1.051
201809 0.714 105.636 0.848
201812 0.714 105.399 0.850
201903 0.778 106.979 0.912
201906 0.753 107.690 0.877
201909 0.869 107.611 1.013
201912 0.926 107.769 1.078
202003 0.480 107.927 0.558
202006 0.649 108.401 0.751
202009 0.967 108.164 1.122
202012 0.991 108.559 1.145
202103 1.265 110.298 1.439
202106 1.252 111.720 1.406
202109 1.373 112.905 1.526
202112 1.438 113.774 1.586
202203 0.893 117.646 0.952
202206 1.234 120.806 1.282
202209 0.142 120.648 0.148
202212 1.457 120.964 1.511
202303 1.001 122.702 1.024
202306 0.843 124.203 0.852
202309 1.094 125.230 1.096
202312 0.962 125.468 0.962

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.


Sun Life Financial  (NYSE:SLF) 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.


Sun Life Financial Shiller PE Ratio Related Terms

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


Sun Life Financial (Sun Life Financial) Business Description

Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.