GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Challenger Ltd (OTCPK:CFIGY) » Definitions » Cyclically Adjusted PS Ratio

Challenger (Challenger) Cyclically Adjusted PS Ratio : 2.96 (As of Apr. 29, 2024)


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

What is Challenger Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Challenger's current share price is $43.70. Challenger's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $14.74. Challenger's Cyclically Adjusted PS Ratio for today is 2.96.

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

CFIGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.48   Med: 6.44   Max: 14.61
Current: 3.11

During the past 13 years, Challenger's highest Cyclically Adjusted PS Ratio was 14.61. The lowest was 2.48. And the median was 6.44.

CFIGY's Cyclically Adjusted PS Ratio is ranked worse than
87.16% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs CFIGY: 3.11

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.

Challenger's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $5.770. 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 $14.74 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Challenger Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Challenger'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.

Challenger Cyclically Adjusted PS Ratio Chart

Challenger Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.09 2.94 3.12 3.42 3.00

Challenger Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 3.42 - 3.00 -

Competitive Comparison of Challenger's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Challenger'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.


Challenger's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Challenger 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.

Challenger's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.70/14.74
=2.96

* 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.

Challenger's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Challenger's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=5.77/124.1700*124.1700
=5.770

Current CPI (Jun23) = 124.1700.

Challenger Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.905 98.352 16.293
201506 8.618 99.838 10.718
201606 9.639 100.859 11.867
201706 23.370 102.809 28.226
201806 20.137 104.945 23.826
201906 13.339 106.617 15.535
202006 15.610 106.246 18.244
202106 15.723 110.332 17.695
202206 12.474 117.112 13.226
202306 5.770 124.170 5.770

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.


Challenger  (OTCPK:CFIGY) 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.


Challenger Cyclically Adjusted PS Ratio Related Terms

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


Challenger (Challenger) Business Description

Address
5 Martin Place, Level 2, Sydney, NSW, AUS, 2000
Challenger's core business is selling annuity products in the Australian retirement market and, since November 2016, selling Australian dollar-denominated annuities into Japan's large retirement market. The firm's annuity products provide investors guaranteed regular payments over an agreed term for an up-front lump sum investment and is designed primarily to protect investors from the longevity risk of outliving their savings. Challenger also operates a funds management business, Fidante Partners, which has minority stakes in several boutique global investment managers, and Challenger Investment Management, which primarily manages investments supporting its annuities business.

Challenger (Challenger) Headlines

From GuruFocus

Challenger Ltd Investor Day Transcript

By GuruFocus Research 02-13-2024

Full Year 2021 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2023 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2019 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2022 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Challenger Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

Challenger Ltd Investor Day Transcript

By GuruFocus Research 02-13-2024

Full Year 2020 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Challenger Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

Half Year 2020 Challenger Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024