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Conifer Holdings (Conifer Holdings) Shiller PE Ratio : (As of Jun. 06, 2024)


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What is Conifer Holdings Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Conifer Holdings Shiller PE Ratio Historical Data

The historical data trend for Conifer 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.

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Conifer Holdings Shiller PE Ratio Chart

Conifer Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Conifer Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Conifer Holdings's Shiller PE Ratio

For the Insurance - Property & Casualty subindustry, Conifer 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.


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

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

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



Conifer 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.

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

For example, Conifer Holdings'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)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

Conifer Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.243 100.560 -0.318
201409 -0.352 100.428 -0.462
201412 -0.025 99.070 -0.033
201503 0.039 99.621 0.052
201506 0.041 100.684 0.054
201509 0.210 100.392 0.276
201512 -0.300 99.792 -0.396
201603 -0.270 100.470 -0.354
201606 -0.070 101.688 -0.091
201609 -0.190 101.861 -0.246
201612 -0.580 101.863 -0.750
201703 -0.240 102.862 -0.307
201706 -0.140 103.349 -0.179
201709 -2.460 104.136 -3.113
201712 0.110 104.011 0.139
201803 0.020 105.290 0.025
201806 -0.130 106.317 -0.161
201809 -0.420 106.507 -0.520
201812 -0.560 105.998 -0.696
201903 -0.080 107.251 -0.098
201906 -0.340 108.070 -0.415
201909 -0.130 108.329 -0.158
201912 -0.330 108.420 -0.401
202003 -0.490 108.902 -0.593
202006 0.160 108.767 0.194
202009 0.060 109.815 0.072
202012 0.340 109.897 0.408
202103 -0.480 111.754 -0.566
202106 0.570 114.631 0.655
202109 -0.120 115.734 -0.137
202112 -0.080 117.630 -0.090
202203 -0.300 121.301 -0.326
202206 -0.860 125.017 -0.906
202209 -0.140 125.227 -0.147
202212 0.170 125.222 0.179
202303 0.080 127.348 0.083
202306 -0.390 128.729 -0.399
202309 -0.220 129.860 -0.223
202312 -1.590 129.419 -1.619
202403 0.010 131.776 0.010

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.


Conifer Holdings  (NAS:CNFR) 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.


Conifer Holdings Shiller PE Ratio Related Terms

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Conifer Holdings (Conifer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
550 West Merrill Street, Suite 200, Birmingham, MI, USA, 48009
Conifer Holdings Inc is an insurance company engaged in the sale of property and casualty insurance products. It is engaged in three classes of insurance businesses; commercial lines, personal lines, and wholesale agency business. Within these three businesses, the company offers various insurance products and insurance agency services. The company views the commercial and personal lines segments as underwriting business. The wholesale agency business provides non-risk bearing revenue through commissions and policy fees. Its revenues are derived from premiums earned from insurance operations.
Executives
James G Petcoff director, 10 percent owner, officer: Chairman and CEO 350 N NINTH STREET, SUITE 202, BOISE ID 83702
Gerald W Hakala director 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Brian J Roney officer: President 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Nicholas J Petcoff director, officer: EVP, Secretary 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Joseph D Sarafa director 11123 BUGAI, TRAVERSE CITY MI 49684
Clarkston Ventures, Llc 10 percent owner 91 WEST LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Jeffrey Anthony Hakala director 91 WEST LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Williams R Jamison Jr director 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Isolde O'hanlon director 550 W MERRILL, SUITE 200, BIRMINGHAM MI 48009
Timothy Lamothe director 26 WAKEMAN ROAD, SOUTH SALEM NY 10590
Andrew Petcoff officer: SVP, Marketing 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
John William Melstrom director 355 S. OLD WOODWARD AVENUE, SUITE 200, BIRMINGHAM MI 48009
Mark Mccammon director 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Harold J Meloche officer: CFO, Treasurer 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Jorge J Morales director 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034