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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Shiller PE Ratio : 17.50 (As of May. 27, 2024)


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What is Kuwait Reinsurance Co KSC Shiller PE Ratio?

As of today (2024-05-27), Kuwait Reinsurance Co KSC's current share price is KWD0.35. Kuwait Reinsurance Co KSC's E10 for the quarter that ended in Mar. 2024 was KWD0.02. Kuwait Reinsurance Co KSC's Shiller PE Ratio for today is 17.50.

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

KUW:KUWAITRE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.09   Med: 19.18   Max: 31.14
Current: 17.23

During the past years, Kuwait Reinsurance Co KSC's highest Shiller PE Ratio was 31.14. The lowest was 12.09. And the median was 19.18.

KUW:KUWAITRE's Shiller PE Ratio is ranked worse than
64.01% of 364 companies
in the Insurance industry
Industry Median: 13.17 vs KUW:KUWAITRE: 17.23

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.

Kuwait Reinsurance Co KSC's adjusted earnings per share data for the three months ended in Mar. 2024 was KWD0.013. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is KWD0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuwait Reinsurance Co KSC Shiller PE Ratio Historical Data

The historical data trend for Kuwait Reinsurance Co KSC'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.

Kuwait Reinsurance Co KSC Shiller PE Ratio Chart

Kuwait Reinsurance Co KSC 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 - - 16.21 15.48 18.51

Kuwait Reinsurance Co KSC 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 17.39 19.16 20.09 18.51 21.03

Competitive Comparison of Kuwait Reinsurance Co KSC's Shiller PE Ratio

For the Insurance - Reinsurance subindustry, Kuwait Reinsurance Co KSC'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.


Kuwait Reinsurance Co KSC's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Kuwait Reinsurance Co KSC's Shiller PE Ratio falls into.



Kuwait Reinsurance Co KSC 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.

Kuwait Reinsurance Co KSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.35/0.02
=17.50

* 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.

Kuwait Reinsurance Co KSC's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Kuwait Reinsurance Co KSC'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)
=0.013/131.7762*131.7762
=0.013

Current CPI (Mar. 2024) = 131.7762.

Kuwait Reinsurance Co KSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.001 100.560 0.001
201409 -0.002 100.428 -0.003
201412 -0.001 99.070 -0.001
201503 0.003 99.621 0.004
201506 0.002 100.684 0.003
201509 0.002 100.392 0.003
201512 0.005 99.792 0.007
201603 0.003 100.470 0.004
201606 0.000 101.688 0.000
201609 -0.003 101.861 -0.004
201612 0.006 101.863 0.008
201703 0.003 102.862 0.004
201706 0.003 103.349 0.004
201709 0.003 104.136 0.004
201712 0.001 104.011 0.001
201803 0.004 105.290 0.005
201806 0.003 106.317 0.004
201809 0.004 106.507 0.005
201812 0.001 105.998 0.001
201903 0.006 107.251 0.007
201906 0.004 108.070 0.005
201909 0.003 108.329 0.004
201912 0.003 108.420 0.004
202003 0.006 108.902 0.007
202006 0.005 108.767 0.006
202009 0.004 109.815 0.005
202012 0.004 109.897 0.005
202103 0.007 111.754 0.008
202106 0.006 114.631 0.007
202109 0.004 115.734 0.005
202112 0.006 117.630 0.007
202203 0.007 121.301 0.008
202206 0.007 125.017 0.007
202209 0.006 125.227 0.006
202212 0.008 125.222 0.008
202303 0.009 127.348 0.009
202306 0.007 128.729 0.007
202309 0.009 129.860 0.009
202312 0.012 129.419 0.012
202403 0.013 131.776 0.013

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.


Kuwait Reinsurance Co KSC  (KUW:KUWAITRE) 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.


Kuwait Reinsurance Co KSC Shiller PE Ratio Related Terms

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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT
Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Headlines

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