GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SIC Insurance Co Ltd (XGHA:SIC) » Definitions » Cyclically Adjusted PS Ratio

SIC Insurance Co (XGHA:SIC) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 06, 2024)


View and export this data going back to 2008. Start your Free Trial

What is SIC Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), SIC Insurance Co's current share price is GHS0.25. SIC Insurance Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was GHS0.89. SIC Insurance Co's Cyclically Adjusted PS Ratio for today is 0.28.

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

XGHA:SIC's Cyclically Adjusted PS Ratio is not ranked *
in the Insurance industry.
Industry Median: 1
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

SIC Insurance Co's adjusted revenue per share data of for the fiscal year that ended in Dec22 was GHS1.276. 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 GHS0.89 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIC Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SIC Insurance Co'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.

SIC Insurance Co Cyclically Adjusted PS Ratio Chart

SIC Insurance Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.15 0.12 0.10 0.35

SIC Insurance Co Quarterly Data
Dec15 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 - - - 0.10 0.35

Competitive Comparison of SIC Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, SIC Insurance Co'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.


SIC Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where SIC Insurance Co's Cyclically Adjusted PS Ratio falls into.



SIC Insurance Co 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.

SIC Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.25/0.89
=0.28

* 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.

SIC Insurance Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, SIC Insurance Co's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.276/125.2218*125.2218
=1.276

Current CPI (Dec22) = 125.2218.

SIC Insurance Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.452 98.326 0.576
201412 0.457 99.070 0.578
201512 0.559 99.792 0.701
201612 0.516 101.863 0.634
201712 0.600 104.011 0.722
201812 1.147 105.998 1.355
201912 0.776 108.420 0.896
202012 0.839 109.897 0.956
202112 1.102 117.630 1.173
202212 1.276 125.222 1.276

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.


SIC Insurance Co  (XGHA:SIC) 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.


SIC Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


SIC Insurance Co (XGHA:SIC) Business Description

Traded in Other Exchanges
N/A
Address
28/29 Ring Road East, Nyemitei House, P. O. Box 2363, Osu, Accra, GHA
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products including Motor insurance, Fire insurance, Marine and aviation insurance; and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.