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Aflac (BSP:A1FL34) Shiller PE Ratio : 14.12 (As of May. 09, 2024)


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What is Aflac Shiller PE Ratio?

As of today (2024-05-09), Aflac's current share price is R$433.01. Aflac's E10 for the quarter that ended in Mar. 2024 was R$30.67. Aflac's Shiller PE Ratio for today is 14.12.

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

BSP:A1FL34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.32   Med: 13.51   Max: 16.38
Current: 13.88

During the past years, Aflac's highest Shiller PE Ratio was 16.38. The lowest was 7.32. And the median was 13.51.

BSP:A1FL34's Shiller PE Ratio is ranked worse than
52.76% of 362 companies
in the Insurance industry
Industry Median: 13.29 vs BSP:A1FL34: 13.88

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.

Aflac's adjusted earnings per share data for the three months ended in Mar. 2024 was R$16.184. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$30.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aflac Shiller PE Ratio Historical Data

The historical data trend for Aflac'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.

Aflac Shiller PE Ratio Chart

Aflac 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 14.48 10.90 12.25 13.38 14.00

Aflac Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.65 12.15 12.87 14.00 14.04

Competitive Comparison of Aflac's Shiller PE Ratio

For the Insurance - Life subindustry, Aflac'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.


Aflac's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Aflac 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.

Aflac's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=433.01/30.67
=14.12

* 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.

Aflac's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Aflac'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)
=16.184/129.4194*129.4194
=16.184

Current CPI (Mar. 2024) = 129.4194.

Aflac Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.990 100.560 2.561
201409 1.824 100.428 2.351
201412 2.074 99.070 2.709
201503 2.372 99.621 3.082
201506 2.054 100.684 2.640
201509 2.576 100.392 3.321
201512 3.318 99.792 4.303
201603 3.217 100.470 4.144
201606 2.259 101.688 2.875
201609 2.489 101.861 3.162
201612 3.069 101.863 3.899
201703 2.283 102.862 2.872
201706 2.933 103.349 3.673
201709 2.819 104.136 3.503
201712 9.803 104.011 12.198
201803 2.984 105.290 3.668
201806 4.035 106.317 4.912
201809 4.478 106.507 5.441
201812 2.680 105.998 3.272
201903 4.724 107.251 5.700
201906 4.203 108.070 5.033
201909 4.284 108.329 5.118
201912 4.351 108.420 5.194
202003 3.811 108.902 4.529
202006 5.811 108.767 6.914
202009 18.576 109.815 21.892
202012 6.997 109.897 8.240
202103 10.538 111.754 12.204
202106 8.146 114.631 9.197
202109 6.968 115.734 7.792
202112 8.878 117.630 9.768
202203 7.962 121.301 8.495
202206 10.954 125.017 11.340
202209 14.787 125.227 15.282
202212 1.626 125.222 1.681
202303 10.105 127.348 10.269
202306 13.154 128.729 13.225
202309 13.038 129.860 12.994
202312 2.254 129.419 2.254
202403 16.184 129.419 16.184

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.


Aflac  (BSP:A1FL34) 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.


Aflac Shiller PE Ratio Related Terms

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


Aflac (BSP:A1FL34) Business Description

Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.

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