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Union Insurance (TPE:2816) Shiller PE Ratio : 13.52 (As of May. 25, 2024)


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What is Union Insurance Shiller PE Ratio?

As of today (2024-05-25), Union Insurance's current share price is NT$33.00. Union Insurance's E10 for the quarter that ended in Mar. 2024 was NT$2.44. Union Insurance's Shiller PE Ratio for today is 13.52.

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

TPE:2816' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.03   Med: 9.31   Max: 17.29
Current: 14.07

During the past years, Union Insurance's highest Shiller PE Ratio was 17.29. The lowest was 6.03. And the median was 9.31.

TPE:2816's Shiller PE Ratio is ranked worse than
53.7% of 365 companies
in the Insurance industry
Industry Median: 13.46 vs TPE:2816: 14.07

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.

Union Insurance's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$1.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NT$2.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Insurance Shiller PE Ratio Historical Data

The historical data trend for Union Insurance'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.

Union Insurance Shiller PE Ratio Chart

Union Insurance 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 14.44 9.81 7.57 7.76 16.22

Union Insurance 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 7.32 8.15 11.76 16.22 12.18

Competitive Comparison of Union Insurance's Shiller PE Ratio

For the Insurance - Diversified subindustry, Union Insurance'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.


Union Insurance's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Union Insurance 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.

Union Insurance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.00/2.44
=13.52

* 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.

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

For example, Union Insurance'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)
=1.81/131.7762*131.7762
=1.810

Current CPI (Mar. 2024) = 131.7762.

Union Insurance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.019 100.560 1.335
201409 0.667 100.428 0.875
201412 0.057 99.070 0.076
201503 1.086 99.621 1.437
201506 0.333 100.684 0.436
201509 -0.419 100.392 -0.550
201512 0.162 99.792 0.214
201603 0.248 100.470 0.325
201606 0.029 101.688 0.038
201609 0.381 101.861 0.493
201612 0.314 101.863 0.406
201703 0.467 102.862 0.598
201706 0.705 103.349 0.899
201709 1.038 104.136 1.314
201712 0.762 104.011 0.965
201803 0.581 105.290 0.727
201806 1.143 106.317 1.417
201809 0.657 106.507 0.813
201812 0.324 105.998 0.403
201903 0.971 107.251 1.193
201906 0.857 108.070 1.045
201909 1.060 108.329 1.289
201912 0.250 108.420 0.304
202003 -0.300 108.902 -0.363
202006 1.590 108.767 1.926
202009 1.460 109.815 1.752
202012 0.380 109.897 0.456
202103 0.940 111.754 1.108
202106 0.420 114.631 0.483
202109 0.370 115.734 0.421
202112 1.370 117.630 1.535
202203 -0.280 121.301 -0.304
202206 -3.370 125.017 -3.552
202209 0.030 125.227 0.032
202212 -2.300 125.222 -2.420
202303 0.890 127.348 0.921
202306 2.530 128.729 2.590
202309 1.260 129.860 1.279
202312 0.684 129.419 0.696
202403 1.810 131.776 1.810

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.


Union Insurance  (TPE:2816) 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.


Union Insurance Shiller PE Ratio Related Terms

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


Union Insurance (TPE:2816) Business Description

Traded in Other Exchanges
N/A
Address
No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690
Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.

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