Using the industry peer median P/E multiple (trailing + forward), Cincinnati Financial Corporation (CINF) has a fair value of $216.35 based on 4 comparable companies in the Insurance - Property & Casualty industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Cincinnati Financial CorporationCINF | 24,795 | 10.4x | 11.5x |
| Northern Trust CorporationNTRS | 25,646 | 15.8x | 15.9x |
| W. R. Berkley CorporationWRB | 24,743 | 14.6x | 16.1x |
| Huntington Bancshares IncorporatedHBAN | 22,916 | 11.1x | 12.9x |
| Loews CorporationL | 22,121 | 13.4x | 30.2x |
| Industry Median | 14.0x | 16.0x | |
| (*) Profit after tax | 2,393 | 2,165 | |
| Equity Value | 33,576 | 34,680 | |
| (/) Outstanding shares | 158 | 158 | |
| Fair Price | $213 | $220 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.