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OUTsurance Group (JSE:OUT) Cyclically Adjusted PS Ratio : 3.12 (As of Jun. 13, 2024)


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What is OUTsurance Group Cyclically Adjusted PS Ratio?

As of today (2024-06-13), OUTsurance Group's current share price is R41.93. OUTsurance Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was R13.43. OUTsurance Group's Cyclically Adjusted PS Ratio for today is 3.12.

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

JSE:OUT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.42   Max: 3.28
Current: 3.08

During the past 13 years, OUTsurance Group's highest Cyclically Adjusted PS Ratio was 3.28. The lowest was 1.59. And the median was 2.42.

JSE:OUT's Cyclically Adjusted PS Ratio is ranked worse than
87.44% of 406 companies
in the Insurance industry
Industry Median: 0.97 vs JSE:OUT: 3.08

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.

OUTsurance Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was R17.082. 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 R13.43 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


OUTsurance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OUTsurance Group'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.

OUTsurance Group Cyclically Adjusted PS Ratio Chart

OUTsurance Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.68 1.63 2.31 2.53

OUTsurance Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.63 - 2.31 - 2.53

Competitive Comparison of OUTsurance Group's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, OUTsurance Group'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.


OUTsurance Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



OUTsurance Group 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.

OUTsurance Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.93/13.43
=3.12

* 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.

OUTsurance Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, OUTsurance Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=17.082/148.8016*148.8016
=17.082

Current CPI (Jun23) = 148.8016.

OUTsurance Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.801 95.813 12.115
201506 7.870 100.173 11.691
201606 9.491 106.713 13.234
201706 9.976 112.054 13.248
201806 9.924 116.959 12.626
201906 10.381 122.191 12.642
202006 10.738 124.807 12.802
202106 12.401 131.113 14.074
202206 14.015 140.835 14.808
202306 17.082 148.802 17.082

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.


OUTsurance Group  (JSE:OUT) 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.


OUTsurance Group Cyclically Adjusted PS Ratio Related Terms

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


OUTsurance Group (JSE:OUT) Business Description

Traded in Other Exchanges
N/A
Address
1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157
OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.