GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Infinity Property and Casualty Corp (NAS:IPCC) » Definitions » Cyclically Adjusted PS Ratio

Infinity Property and Casualty (Infinity Property and Casualty) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Infinity Property and Casualty Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infinity Property and Casualty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Infinity Property and Casualty'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.

Infinity Property and Casualty Cyclically Adjusted PS Ratio Chart

Infinity Property and Casualty Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Infinity Property and Casualty Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 - - - - -

Competitive Comparison of Infinity Property and Casualty's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Infinity Property and Casualty'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.


Infinity Property and Casualty's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Infinity Property and Casualty's Cyclically Adjusted PS Ratio falls into.



Infinity Property and Casualty 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.

Infinity Property and Casualty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Infinity Property and Casualty's adjusted Revenue per Share data for the three months ended in Mar. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=35.313/105.2895*105.2895
=35.313

Current CPI (Mar. 2018) = 105.2895.

Infinity Property and Casualty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200806 15.156 92.320 17.285
200809 15.085 92.307 17.207
200812 13.776 88.697 16.353
200903 15.667 89.744 18.381
200906 16.349 91.003 18.916
200909 15.295 91.120 17.674
200912 16.385 91.111 18.935
201003 16.368 91.821 18.769
201006 17.780 91.962 20.357
201009 19.490 92.162 22.266
201012 19.475 92.474 22.174
201103 19.889 94.283 22.211
201106 21.068 95.235 23.292
201109 21.559 95.727 23.713
201112 23.998 95.213 26.538
201203 23.752 96.783 25.840
201206 26.132 96.819 28.418
201209 26.974 97.633 29.089
201212 37.223 96.871 40.458
201303 30.299 98.209 32.483
201306 31.406 98.518 33.565
201309 30.902 98.790 32.935
201312 31.187 98.326 33.396
201403 31.640 99.695 33.416
201406 31.767 100.560 33.261
201409 31.691 100.428 33.225
201412 31.736 99.070 33.728
201503 32.115 99.621 33.942
201506 32.636 100.684 34.129
201509 32.714 100.392 34.310
201512 32.893 99.792 34.705
201603 33.246 100.470 34.841
201606 33.804 101.688 35.001
201609 34.114 101.861 35.262
201612 37.455 101.863 38.715
201703 33.934 102.862 34.735
201706 34.009 103.349 34.648
201709 34.415 104.136 34.796
201712 34.836 104.011 35.264
201803 35.313 105.290 35.313

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.


Infinity Property and Casualty  (NAS:IPCC) 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.


Infinity Property and Casualty Cyclically Adjusted PS Ratio Related Terms

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


Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines