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White Mountains Insurance Group (White Mountains Insurance Group) Cyclically Adjusted PS Ratio : 5.72 (As of Apr. 30, 2024)


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What is White Mountains Insurance Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), White Mountains Insurance Group's current share price is $1768.43. White Mountains Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $309.25. White Mountains Insurance Group's Cyclically Adjusted PS Ratio for today is 5.72.

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

WTM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3.45   Max: 6.36
Current: 5.72

During the past years, White Mountains Insurance Group's highest Cyclically Adjusted PS Ratio was 6.36. The lowest was 1.30. And the median was 3.45.

WTM's Cyclically Adjusted PS Ratio is ranked worse than
94.57% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs WTM: 5.72

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.

White Mountains Insurance Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $292.033. 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 $309.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


White Mountains Insurance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for White Mountains Insurance 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.

White Mountains Insurance Group Cyclically Adjusted PS Ratio Chart

White Mountains Insurance Group 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 4.78 4.37 4.34 5.79 4.87

White Mountains Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.79 5.38 5.27 5.46 4.87

Competitive Comparison of White Mountains Insurance Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, White Mountains Insurance 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.


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

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

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



White Mountains Insurance 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.

White Mountains Insurance Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1768.43/309.25
=5.72

* 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.

White Mountains Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, White Mountains Insurance Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=292.033/129.4194*129.4194
=292.033

Current CPI (Dec. 2023) = 129.4194.

White Mountains Insurance Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 94.869 99.695 123.155
201406 107.433 100.560 138.266
201409 53.062 100.428 68.380
201412 61.312 99.070 80.095
201503 66.182 99.621 85.978
201506 62.344 100.684 80.137
201509 50.272 100.392 64.808
201512 -107.400 99.792 -139.286
201603 67.305 100.470 86.698
201606 9.760 101.688 12.422
201609 11.806 101.861 15.000
201612 -1.225 101.863 -1.556
201703 19.681 102.862 24.762
201706 18.494 103.349 23.159
201709 20.617 104.136 25.623
201712 30.886 104.011 38.431
201803 11.348 105.290 13.949
201806 36.066 106.317 43.903
201809 63.300 106.507 76.918
201812 1.913 105.998 2.336
201903 138.089 107.251 166.632
201906 41.070 108.070 49.184
201909 49.491 108.329 59.126
201912 55.792 108.420 66.598
202003 -28.068 108.902 -33.356
202006 84.726 108.767 100.813
202009 150.212 109.815 177.028
202012 77.051 109.897 90.739
202103 58.083 111.754 67.264
202106 110.167 114.631 124.379
202109 -30.265 115.734 -33.844
202112 87.584 117.630 96.362
202203 87.471 121.301 93.325
202206 26.080 125.017 26.998
202209 134.174 125.227 138.666
202212 172.760 125.222 178.551
202303 209.492 127.348 212.900
202306 149.861 128.729 150.665
202309 205.945 129.860 205.247
202312 292.033 129.419 292.033

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.


White Mountains Insurance Group  (NYSE:WTM) 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.


White Mountains Insurance Group Cyclically Adjusted PS Ratio Related Terms

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


White Mountains Insurance Group (White Mountains Insurance Group) Business Description

Traded in Other Exchanges
Address
23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.
Executives
Weston M Hicks director C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Steven Yi director 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Michaela Hildreth officer: Chief Accounting Officer 23 S MAIN STREET, SUITE 3B, HANOVER NH 03755
Peter M Carlson director BRIGHTHOUSE FINANCIAL, INC., 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Mary C Choksi director
Philip A Gelston director 80 SOUTH MAIN ST, C/O WHITE MOUNTAINS, HANOVER NH 03755
David Allen Tanner director C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Margaret Dillon director C/O GUIDEWIRE SOFTWARE, INC., 2850 DELAWARE ST. STE 400, SAN MATEO CA 94403
Liam P Caffrey officer: EVP & Chief Financial Officer 23 S MAIN STREET, STE. 3B, HANOVER NH 03755
Robert Lawrence Seelig officer: EVP & General Counsel
George Manning Rountree director, officer: Chief Executive Officer C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Reid Tarlton Campbell officer: EVP & Chief Financial Officer C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755