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Protector Forsikring ASA (OSL:PROT) Cyclically Adjusted PS Ratio : 3.71 (As of Jun. 09, 2024)


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What is Protector Forsikring ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Protector Forsikring ASA's current share price is kr247.50. Protector Forsikring ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr66.63. Protector Forsikring ASA's Cyclically Adjusted PS Ratio for today is 3.71.

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

OSL:PROT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 2.38   Max: 4.18
Current: 3.71

During the past years, Protector Forsikring ASA's highest Cyclically Adjusted PS Ratio was 4.18. The lowest was 0.72. And the median was 2.38.

OSL:PROT's Cyclically Adjusted PS Ratio is ranked worse than
89.19% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs OSL:PROT: 3.71

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.

Protector Forsikring ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr35.376. 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 kr66.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Protector Forsikring ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Protector Forsikring ASA'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.

Protector Forsikring ASA Cyclically Adjusted PS Ratio Chart

Protector Forsikring ASA 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 1.75 1.66 2.44 2.42 2.83

Protector Forsikring ASA 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 2.53 2.84 2.91 2.83 3.41

Competitive Comparison of Protector Forsikring ASA's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Protector Forsikring ASA'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.


Protector Forsikring ASA's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Protector Forsikring ASA 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.

Protector Forsikring ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=247.50/66.63
=3.71

* 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.

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

For example, Protector Forsikring ASA'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)
=35.376/132.6000*132.6000
=35.376

Current CPI (Mar. 2024) = 132.6000.

Protector Forsikring ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.282 97.500 9.904
201409 6.076 98.500 8.179
201412 5.762 98.600 7.749
201503 8.716 99.200 11.651
201506 7.609 100.100 10.079
201509 6.409 100.600 8.448
201512 7.913 100.900 10.399
201603 8.120 102.500 10.505
201606 11.499 103.800 14.689
201609 10.168 104.200 12.939
201612 9.308 104.400 11.822
201703 9.742 105.000 12.303
201706 10.819 105.800 13.560
201709 10.288 105.900 12.882
201712 3.534 106.100 4.417
201803 8.644 107.300 10.682
201806 9.774 108.500 11.945
201809 9.458 109.500 11.453
201812 7.474 109.800 9.026
201903 12.278 110.400 14.747
201906 12.276 110.600 14.718
201909 13.137 111.100 15.679
201912 14.952 111.300 17.813
202003 10.038 111.200 11.970
202006 20.495 112.100 24.243
202009 17.457 112.900 20.503
202012 19.197 112.900 22.547
202103 21.115 114.600 24.431
202106 21.522 115.300 24.751
202109 15.554 117.500 17.553
202112 18.440 118.900 20.565
202203 16.537 119.800 18.304
202206 15.349 122.600 16.601
202209 17.055 125.600 18.006
202212 23.402 125.900 24.647
202303 30.368 127.600 31.558
202306 25.558 130.400 25.989
202309 26.814 129.800 27.392
202312 36.077 131.900 36.268
202403 35.376 132.600 35.376

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.


Protector Forsikring ASA  (OSL:PROT) 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.


Protector Forsikring ASA Cyclically Adjusted PS Ratio Related Terms

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


Protector Forsikring ASA (OSL:PROT) Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

Protector Forsikring ASA (OSL:PROT) Headlines

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