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Assured Guaranty (Assured Guaranty) Cyclically Adjusted PS Ratio : 5.74 (As of Apr. 27, 2024)


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What is Assured Guaranty Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Assured Guaranty's current share price is $78.46. Assured Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.67. Assured Guaranty's Cyclically Adjusted PS Ratio for today is 5.74.

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

AGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.88   Med: 4.31   Max: 6.72
Current: 5.7

During the past years, Assured Guaranty's highest Cyclically Adjusted PS Ratio was 6.72. The lowest was 1.88. And the median was 4.31.

AGO's Cyclically Adjusted PS Ratio is ranked worse than
94.31% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs AGO: 5.70

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.

Assured Guaranty's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.956. 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 $13.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assured Guaranty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Cyclically Adjusted PS Ratio Chart

Assured Guaranty 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 2.95 4.51 5.01 5.48

Assured Guaranty 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 5.01 3.81 4.07 4.44 5.48

Competitive Comparison of Assured Guaranty's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Assured Guaranty'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.


Assured Guaranty's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Assured Guaranty 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.

Assured Guaranty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.46/13.67
=5.74

* 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.

Assured Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Assured Guaranty'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)
=4.956/129.4194*129.4194
=4.956

Current CPI (Dec. 2023) = 129.4194.

Assured Guaranty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.208 99.695 0.270
201406 1.827 100.560 2.351
201409 2.799 100.428 3.607
201412 5.536 99.070 7.232
201503 2.398 99.621 3.115
201506 3.140 100.684 4.036
201509 2.498 100.392 3.220
201512 5.220 99.792 6.770
201603 1.657 100.470 2.134
201606 2.908 101.688 3.701
201609 2.395 101.861 3.043
201612 3.364 101.863 4.274
201703 3.611 102.862 4.543
201706 2.412 103.349 3.020
201709 5.137 104.136 6.384
201712 2.325 104.011 2.893
201803 2.479 105.290 3.047
201806 1.931 106.317 2.351
201809 2.553 106.507 3.102
201812 1.728 105.998 2.110
201903 1.827 107.251 2.205
201906 2.287 108.070 2.739
201909 2.042 108.329 2.440
201912 3.115 108.420 3.718
202003 1.263 108.902 1.501
202006 3.920 108.767 4.664
202009 2.983 109.815 3.516
202012 4.666 109.897 5.495
202103 2.013 111.754 2.331
202106 2.197 114.631 2.480
202109 2.595 115.734 2.902
202112 2.655 117.630 2.921
202203 4.154 121.301 4.432
202206 1.207 125.017 1.250
202209 0.350 125.227 0.362
202212 5.092 125.222 5.263
202303 3.808 127.348 3.870
202306 5.940 128.729 5.972
202309 2.450 129.860 2.442
202312 4.956 129.419 4.956

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.


Assured Guaranty  (NYSE:AGO) 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.


Assured Guaranty Cyclically Adjusted PS Ratio Related Terms

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


Assured Guaranty (Assured Guaranty) Business Description

Traded in Other Exchanges
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
Executives
G Lawrence Buhl director 30 WOODBOURNE AVE, C/O ASSURED GUARANTY LTD, HAMILTON BERMUDA D0 0000
Stephen Donnarumma officer: Chief Credit Officer 30 WOODOURNE AVENUE, HAMILTON D0 HM08
Dominic Frederico director, officer: Deputy Chairman/President/CEO ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Robert Bailenson officer: Chief Accounting Officer ASSURED GUARANTY LTD., 30 WOODBOURNE AVENUE, HAMILTON D0 HM08
Jorge A. Gana officer: Chief Risk Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Howard Albert officer: Chief Risk Officer 31 WEST 52ND STREET, NEW YORK NY 10019
David A. Buzen officer: Head of Asset Management* 850 3RD AVENUE, NEW YORK NY 10022
Laura Bieling officer: Chief Accounting Officer* 30 WOODBOURNE AVE., 5TH FLOOR, HAMILTON D0 D0 HM08
Holly Horn officer: Chief Surveillance Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Brewer Russell B. Ii officer: Chief Surveillance Officer 31 WEST 52ND STREET, NEW YORK NY 10019
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Michelle Mccloskey director C/O ALLIANCEBERNSTEIN LP, 9TH FLOOR, NEW YORK NY 10105
Lorin Radtke director 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Thomas W Jones director ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
Andrew T Feldstein officer: Chief Investment Officer 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017