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MetLife (FRA:MWZ) Shiller PE Ratio : (As of May. 03, 2024)


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What is MetLife Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Shiller PE Ratio Historical Data

The historical data trend for MetLife'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.

MetLife Shiller PE Ratio Chart

MetLife 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 12.47 10.75 13.25 13.21 12.10

MetLife 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 10.61 10.25 11.42 12.10 -

Competitive Comparison of MetLife's Shiller PE Ratio

For the Insurance - Life subindustry, MetLife'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.


MetLife's Shiller PE Ratio Distribution in the Insurance Industry

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

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



MetLife 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.

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

For example, MetLife'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)
=1.012/129.4194*129.4194
=1.012

Current CPI (Mar. 2024) = 129.4194.

MetLife Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.861 100.560 1.108
201409 1.405 100.428 1.811
201412 1.054 99.070 1.377
201503 1.728 99.621 2.245
201506 0.823 100.684 1.058
201509 0.944 100.392 1.217
201512 0.643 99.792 0.834
201603 1.778 100.470 2.290
201606 0.053 101.688 0.067
201609 0.454 101.861 0.577
201612 -1.839 101.863 -2.337
201703 0.739 102.862 0.930
201706 0.712 103.349 0.892
201709 -0.076 104.136 -0.094
201712 1.808 104.011 2.250
201803 0.965 105.290 1.186
201806 0.710 106.317 0.864
201809 0.754 106.507 0.916
201812 1.793 105.998 2.189
201903 1.239 107.251 1.495
201906 1.566 108.070 1.875
201909 2.088 108.329 2.495
201912 0.522 108.420 0.623
202003 4.295 108.902 5.104
202006 0.062 108.767 0.074
202009 0.586 109.815 0.691
202012 0.113 109.897 0.133
202103 0.277 111.754 0.321
202106 3.245 114.631 3.664
202109 1.505 115.734 1.683
202112 1.230 117.630 1.353
202203 1.716 121.301 1.831
202206 1.022 125.017 1.058
202209 1.384 125.227 1.430
202212 1.567 125.222 1.620
202303 0.019 127.348 0.019
202306 0.443 128.729 0.445
202309 0.525 129.860 0.523
202312 0.706 129.419 0.706
202403 1.012 129.419 1.012

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.


MetLife  (FRA:MWZ) 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.


MetLife Shiller PE Ratio Related Terms

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MetLife (FRA:MWZ) Business Description

Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

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