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DCNSF (Dai-ichi Life Holdings) Shiller PE Ratio : 20.22 (As of Oct. 09, 2024)


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What is Dai-ichi Life Holdings Shiller PE Ratio?

As of today (2024-10-09), Dai-ichi Life Holdings's current share price is $25.48. Dai-ichi Life Holdings's E10 for the quarter that ended in Mar. 2024 was $1.26. Dai-ichi Life Holdings's Shiller PE Ratio for today is 20.22.

The historical rank and industry rank for Dai-ichi Life Holdings's Shiller PE Ratio or its related term are showing as below:

DCNSF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.26   Med: 13.83   Max: 21.01
Current: 16.14

During the past years, Dai-ichi Life Holdings's highest Shiller PE Ratio was 21.01. The lowest was 8.26. And the median was 13.83.

DCNSF's Shiller PE Ratio is ranked worse than
56.7% of 351 companies
in the Insurance industry
Industry Median: 14.19 vs DCNSF: 16.14

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.

Dai-ichi Life Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.717. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dai-ichi Life Holdings Shiller PE Ratio Historical Data

The historical data trend for Dai-ichi Life 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.

* Premium members only.

Dai-ichi Life Holdings Shiller PE Ratio Chart

Dai-ichi Life Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.99 12.84 13.41 11.81 16.31

Dai-ichi Life Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.94 14.05 13.30 16.31 -

Competitive Comparison of Dai-ichi Life Holdings's Shiller PE Ratio

For the Insurance - Life subindustry, Dai-ichi Life 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.


Dai-ichi Life Holdings's Shiller PE Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Dai-ichi Life Holdings's Shiller PE Ratio falls into.



Dai-ichi Life 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.

Dai-ichi Life Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.48/1.26
=20.22

* 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.

Dai-ichi Life Holdings's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Dai-ichi Life 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)
=0.717/107.2000*107.2000
=0.717

Current CPI (Mar. 2024) = 107.2000.

Dai-ichi Life Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.676 98.000 0.739
201409 0.412 98.500 0.448
201412 0.034 97.900 0.037
201503 0.064 97.900 0.070
201506 0.784 98.400 0.854
201509 0.141 98.500 0.153
201512 0.266 98.100 0.291
201603 0.037 97.900 0.041
201606 0.389 98.100 0.425
201609 0.481 98.000 0.526
201612 0.568 98.400 0.619
201703 0.360 98.100 0.393
201706 0.551 98.500 0.600
201709 0.433 98.800 0.470
201712 0.536 99.400 0.578
201803 1.328 99.200 1.435
201806 0.323 99.200 0.349
201809 0.574 99.900 0.616
201812 0.267 99.700 0.287
201903 0.580 99.700 0.624
201906 0.419 99.800 0.450
201909 0.326 100.100 0.349
201912 0.288 100.500 0.307
202003 -0.774 100.300 -0.827
202006 0.336 99.900 0.361
202009 0.359 99.900 0.385
202012 0.707 99.300 0.763
202103 1.637 99.900 1.757
202106 1.138 99.500 1.226
202109 0.345 100.100 0.369
202112 0.945 100.100 1.012
202203 0.944 101.100 1.001
202206 0.651 101.800 0.686
202209 0.209 103.100 0.217
202212 0.242 104.100 0.249
202303 0.158 104.400 0.162
202306 0.484 105.200 0.493
202309 0.620 106.200 0.626
202312 0.431 106.800 0.433
202403 0.717 107.200 0.717

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.


Dai-ichi Life Holdings  (OTCPK:DCNSF) 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.


Dai-ichi Life Holdings Shiller PE Ratio Related Terms

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Dai-ichi Life Holdings Business Description

Traded in Other Exchanges
Address
13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.