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Assurant (BSP:A1SU34) Cyclically Adjusted PS Ratio : 1.03 (As of May. 26, 2024)


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What is Assurant Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Assurant's current share price is R$223.52. Assurant's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$216.69. Assurant's Cyclically Adjusted PS Ratio for today is 1.03.

The historical rank and industry rank for Assurant's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:A1SU34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.85   Max: 1.22
Current: 0.93

During the past years, Assurant's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.62. And the median was 0.85.

BSP:A1SU34's Cyclically Adjusted PS Ratio is ranked better than
56.06% of 396 companies
in the Insurance industry
Industry Median: 1.035 vs BSP:A1SU34: 0.93

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Assurant's adjusted revenue per share data for the three months ended in Mar. 2024 was R$67.816. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$216.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assurant Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Assurant's Cyclically Adjusted PS 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.

Assurant Cyclically Adjusted PS Ratio Chart

Assurant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.01 1.03 0.75 0.95

Assurant Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.70 0.72 0.81 0.95 1.03

Competitive Comparison of Assurant's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Assurant's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Assurant's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Assurant's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Assurant's Cyclically Adjusted PS Ratio falls into.



Assurant Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Assurant's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=223.52/216.69
=1.03

* 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.

Assurant's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Assurant's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=67.816/131.7762*131.7762
=67.816

Current CPI (Mar. 2024) = 131.7762.

Assurant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.796 100.560 25.941
201409 21.594 100.428 28.335
201412 24.064 99.070 32.008
201503 28.806 99.621 38.104
201506 29.678 100.684 38.843
201509 36.516 100.392 47.932
201512 36.282 99.792 47.911
201603 29.035 100.470 38.082
201606 22.814 101.688 29.564
201609 22.707 101.861 29.376
201612 23.912 101.863 30.934
201703 20.864 102.862 26.729
201706 23.406 103.349 29.844
201709 22.453 104.136 28.413
201712 24.798 104.011 31.418
201803 24.508 105.290 30.673
201806 29.908 106.317 37.070
201809 36.347 106.507 44.971
201812 35.205 105.998 43.767
201903 35.439 107.251 43.543
201906 37.513 108.070 45.742
201909 41.574 108.329 50.572
201912 34.268 108.420 41.650
202003 47.012 108.902 56.887
202006 47.734 108.767 57.832
202009 53.099 109.815 63.718
202012 49.648 109.897 59.532
202103 55.468 111.754 65.406
202106 52.118 114.631 59.913
202109 58.528 115.734 66.641
202112 62.839 117.630 70.396
202203 54.979 121.301 59.727
202206 57.567 125.017 60.680
202209 61.779 125.227 65.010
202212 64.714 125.222 68.101
202303 64.086 127.348 66.315
202306 61.507 128.729 62.963
202309 63.729 129.860 64.670
202312 68.099 129.419 69.339
202403 67.816 131.776 67.816

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Assurant  (BSP:A1SU34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Assurant Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Assurant's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Assurant (BSP:A1SU34) Business Description

Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

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