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Old Republic International (FRA:ORJ) Cyclically Adjusted PS Ratio : 1.13 (As of May. 25, 2024)


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What is Old Republic International Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Old Republic International's current share price is €28.83. Old Republic International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €25.51. Old Republic International's Cyclically Adjusted PS Ratio for today is 1.13.

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

FRA:ORJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.99   Max: 1.16
Current: 1.12

During the past years, Old Republic International's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.63. And the median was 0.99.

FRA:ORJ's Cyclically Adjusted PS Ratio is ranked worse than
53.92% of 395 companies
in the Insurance industry
Industry Median: 1.04 vs FRA:ORJ: 1.12

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.

Old Republic International's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.733. 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 €25.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Republic International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Old Republic International'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.

Old Republic International Cyclically Adjusted PS Ratio Chart

Old Republic International 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 1.05 0.89 1.00 0.92 1.08

Old Republic International 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 0.93 0.93 0.99 1.08 1.10

Competitive Comparison of Old Republic International's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Old Republic International'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.


Old Republic International's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Old Republic International 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.

Old Republic International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.83/25.51
=1.13

* 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.

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

For example, Old Republic International'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)
=6.733/131.7762*131.7762
=6.733

Current CPI (Mar. 2024) = 131.7762.

Old Republic International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.327 100.560 4.360
201409 3.658 100.428 4.800
201412 3.776 99.070 5.023
201503 4.158 99.621 5.500
201506 4.243 100.684 5.553
201509 4.654 100.392 6.109
201512 4.582 99.792 6.051
201603 4.294 100.470 5.632
201606 4.335 101.688 5.618
201609 4.496 101.861 5.816
201612 4.944 101.863 6.396
201703 4.529 102.862 5.802
201706 4.471 103.349 5.701
201709 4.477 104.136 5.665
201712 4.832 104.011 6.122
201803 3.859 105.290 4.830
201806 4.636 106.317 5.746
201809 5.077 106.507 6.282
201812 4.438 105.998 5.517
201903 5.509 107.251 6.769
201906 4.839 108.070 5.901
201909 5.335 108.329 6.490
201912 6.490 108.420 7.888
202003 2.302 108.902 2.786
202006 6.044 108.767 7.323
202009 5.560 109.815 6.672
202012 6.671 109.897 7.999
202103 6.600 111.754 7.782
202106 6.186 114.631 7.111
202109 5.634 115.734 6.415
202112 7.870 117.630 8.816
202203 6.559 121.301 7.125
202206 5.636 125.017 5.941
202209 5.724 125.227 6.023
202212 7.454 125.222 7.844
202303 5.586 127.348 5.780
202306 5.765 128.729 5.901
202309 5.891 129.860 5.978
202312 6.404 129.419 6.521
202403 6.733 131.776 6.733

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.


Old Republic International  (FRA:ORJ) 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.


Old Republic International Cyclically Adjusted PS Ratio Related Terms

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


Old Republic International (FRA:ORJ) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.

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