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Prudential Financial (BSP:P1DT34) Shiller PE Ratio : 12.05 (As of May. 30, 2024)


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What is Prudential Financial Shiller PE Ratio?

As of today (2024-05-30), Prudential Financial's current share price is R$303.90. Prudential Financial's E10 for the quarter that ended in Mar. 2024 was R$25.21. Prudential Financial's Shiller PE Ratio for today is 12.05.

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

BSP:P1DT34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.16   Med: 13.18   Max: 20.73
Current: 11.38

During the past years, Prudential Financial's highest Shiller PE Ratio was 20.73. The lowest was 5.16. And the median was 13.18.

BSP:P1DT34's Shiller PE Ratio is ranked better than
64.01% of 364 companies
in the Insurance industry
Industry Median: 13.165 vs BSP:P1DT34: 11.38

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.

Prudential Financial's adjusted earnings per share data for the three months ended in Mar. 2024 was R$7.768. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$25.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prudential Financial Shiller PE Ratio Historical Data

The historical data trend for Prudential Financial'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.

Prudential Financial Shiller PE Ratio Chart

Prudential Financial 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 11.45 10.63 12.06 11.07 10.20

Prudential Financial 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 8.50 8.72 9.76 10.20 11.37

Competitive Comparison of Prudential Financial's Shiller PE Ratio

For the Insurance - Life subindustry, Prudential Financial'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.


Prudential Financial's Shiller PE Ratio Distribution in the Insurance Industry

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

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



Prudential Financial 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.

Prudential Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=303.90/25.21
=12.05

* 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.

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

For example, Prudential Financial'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)
=7.768/131.7762*131.7762
=7.768

Current CPI (Mar. 2024) = 131.7762.

Prudential Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.482 100.560 3.252
201409 1.157 100.428 1.518
201412 -4.219 99.070 -5.612
201503 6.864 99.621 9.080
201506 4.714 100.684 6.170
201509 6.167 100.392 8.095
201512 3.105 99.792 4.100
201603 5.418 100.470 7.106
201606 3.492 101.688 4.525
201609 6.620 101.861 8.564
201612 2.869 101.863 3.712
201703 4.832 102.862 6.190
201706 1.845 103.349 2.352
201709 7.972 104.136 10.088
201712 14.335 104.011 18.162
201803 5.148 105.290 6.443
201806 0.867 106.317 1.075
201809 8.012 106.507 9.913
201812 3.882 105.998 4.826
201903 4.263 107.251 5.238
201906 3.297 108.070 4.020
201909 7.086 108.329 8.620
201912 5.734 108.420 6.969
202003 -1.710 108.902 -2.069
202006 -15.877 108.767 -19.236
202009 9.990 109.815 11.988
202012 5.222 109.897 6.262
202103 19.666 111.754 23.189
202106 13.577 114.631 15.608
202109 10.294 115.734 11.721
202112 8.850 117.630 9.914
202203 -3.309 121.301 -3.595
202206 -6.840 125.017 -7.210
202209 -0.682 125.227 -0.718
202212 -0.420 125.222 -0.442
202303 10.235 127.348 10.591
202306 3.349 128.729 3.428
202309 -5.507 129.860 -5.588
202312 8.844 129.419 9.005
202403 7.768 131.776 7.768

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.


Prudential Financial  (BSP:P1DT34) 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.


Prudential Financial Shiller PE Ratio Related Terms

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


Prudential Financial (BSP:P1DT34) Business Description

Traded in Other Exchanges
Address
751 Broad Street, Newark, NJ, USA, 07102
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 15% of its earnings and has over $1.5 trillion in assets under management. The U.S. businesses are responsible for about 45% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.

Prudential Financial (BSP:P1DT34) Headlines

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