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Selective Insurance Group (FRA:SV2) E10 : €4.21 (As of Mar. 2024)


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What is Selective Insurance Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Selective Insurance Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.205. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Selective Insurance Group's average E10 Growth Rate was 11.50% per year. During the past 3 years, the average E10 Growth Rate was 18.40% per year. During the past 5 years, the average E10 Growth Rate was 18.20% per year. During the past 10 years, the average E10 Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Selective Insurance Group was 20.90% per year. The lowest was -0.60% per year. And the median was 4.30% per year.

As of today (2024-05-24), Selective Insurance Group's current stock price is €90.00. Selective Insurance Group's E10 for the quarter that ended in Mar. 2024 was €4.21. Selective Insurance Group's Shiller PE Ratio of today is 21.38.

During the past 13 years, the highest Shiller PE Ratio of Selective Insurance Group was 36.44. The lowest was 12.64. And the median was 23.35.


Selective Insurance Group E10 Historical Data

The historical data trend for Selective Insurance Group's E10 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.

Selective Insurance Group E10 Chart

Selective Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.15 3.08 3.80 4.04

Selective Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 3.77 3.93 4.14 4.04 4.21

Competitive Comparison of Selective Insurance Group's E10

For the Insurance - Property & Casualty subindustry, Selective Insurance Group'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.


Selective Insurance Group's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Selective Insurance Group's Shiller PE Ratio falls into.



Selective Insurance Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Selective Insurance Group'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)
=1.205/131.7762*131.7762
=1.205

Current CPI (Mar. 2024) = 131.7762.

Selective Insurance Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.375 100.560 0.491
201409 0.722 100.428 0.947
201412 0.584 99.070 0.777
201503 0.638 99.621 0.844
201506 0.517 100.684 0.677
201509 0.722 100.392 0.948
201512 0.716 99.792 0.945
201603 0.566 100.470 0.742
201606 0.659 101.688 0.854
201609 0.588 101.861 0.761
201612 0.635 101.863 0.821
201703 0.795 102.862 1.018
201706 0.623 103.349 0.794
201709 0.663 104.136 0.839
201712 0.431 104.011 0.546
201803 0.260 105.290 0.325
201806 0.847 106.317 1.050
201809 0.797 106.507 0.986
201812 0.668 105.998 0.830
201903 0.903 107.251 1.109
201906 1.071 108.070 1.306
201909 0.844 108.329 1.027
201912 1.224 108.420 1.488
202003 0.226 108.902 0.273
202006 0.506 108.767 0.613
202009 0.985 109.815 1.182
202012 1.726 109.897 2.070
202103 1.487 111.754 1.753
202106 1.643 114.631 1.889
202109 1.003 115.734 1.142
202112 1.407 117.630 1.576
202203 0.808 121.301 0.878
202206 0.577 125.017 0.608
202209 0.667 125.227 0.702
202212 1.303 125.222 1.371
202303 1.382 127.348 1.430
202306 0.849 128.729 0.869
202309 1.331 129.860 1.351
202312 1.843 129.419 1.877
202403 1.205 131.776 1.205

Add all the adjusted EPS together and divide 10 will get our e10.


Selective Insurance Group  (FRA:SV2) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Selective Insurance Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=90.00/4.21
=21.38

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Selective Insurance Group was 36.44. The lowest was 12.64. And the median was 23.35.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Selective Insurance Group E10 Related Terms

Thank you for viewing the detailed overview of Selective Insurance Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Selective Insurance Group (FRA:SV2) Business Description

Traded in Other Exchanges
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.

Selective Insurance Group (FRA:SV2) Headlines

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