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Axis Capital Holdings (FRA:AXV) Cyclically Adjusted Revenue per Share : €61.28 (As of Mar. 2024)


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What is Axis Capital Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Axis Capital Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was €15.497. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €61.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Axis Capital Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Axis Capital Holdings was 11.90% per year. The lowest was 9.70% per year. And the median was 10.40% per year.

As of today (2024-05-26), Axis Capital Holdings's current stock price is €66.00. Axis Capital Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €61.28. Axis Capital Holdings's Cyclically Adjusted PS Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axis Capital Holdings was 2.13. The lowest was 0.73. And the median was 1.41.


Axis Capital Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Axis Capital Holdings's Cyclically Adjusted Revenue per Share 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.

Axis Capital Holdings Cyclically Adjusted Revenue per Share Chart

Axis Capital Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.39 38.18 46.42 54.03 55.70

Axis Capital Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 57.01 58.02 60.76 55.70 61.28

Competitive Comparison of Axis Capital Holdings's Cyclically Adjusted Revenue per Share

For the Insurance - Specialty subindustry, Axis Capital Holdings'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.


Axis Capital Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Axis Capital Holdings's Cyclically Adjusted PS Ratio falls into.



Axis Capital Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Axis Capital Holdings'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)
=15.497/131.7762*131.7762
=15.497

Current CPI (Mar. 2024) = 131.7762.

Axis Capital Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.897 100.560 10.348
201409 8.859 100.428 11.624
201412 8.605 99.070 11.446
201503 9.360 99.621 12.381
201506 8.808 100.684 11.528
201509 10.825 100.392 14.209
201512 9.489 99.792 12.530
201603 8.371 100.470 10.979
201606 10.726 101.688 13.900
201609 10.614 101.861 13.731
201612 11.265 101.863 14.573
201703 10.633 102.862 13.622
201706 11.053 103.349 14.093
201709 10.990 104.136 13.907
201712 13.378 104.011 16.949
201803 11.841 105.290 14.820
201806 13.232 106.317 16.401
201809 13.461 106.507 16.655
201812 13.340 105.998 16.584
201903 13.171 107.251 16.183
201906 13.611 108.070 16.597
201909 14.478 108.329 17.612
201912 13.660 108.420 16.603
202003 12.826 108.902 15.520
202006 12.392 108.767 15.013
202009 11.942 109.815 14.330
202012 11.724 109.897 14.058
202103 12.320 111.754 14.527
202106 12.859 114.631 14.782
202109 13.603 115.734 15.489
202112 14.358 117.630 16.085
202203 13.821 121.301 15.015
202206 13.909 125.017 14.661
202209 16.265 125.227 17.116
202212 15.211 125.222 16.007
202303 14.561 127.348 15.067
202306 14.556 128.729 14.901
202309 16.160 129.860 16.399
202312 15.015 129.419 15.288
202403 15.497 131.776 15.497

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Axis Capital Holdings  (FRA:AXV) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Axis Capital Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=66.00/61.28
=1.08

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axis Capital Holdings was 2.13. The lowest was 0.73. And the median was 1.41.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Axis Capital Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Axis Capital Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Axis Capital Holdings (FRA:AXV) Business Description

Industry
Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.

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