GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Intact Financial Corp (OTCPK:IFCZF) » Definitions » Cyclically Adjusted PS Ratio

Intact Financial (Intact Financial) Cyclically Adjusted PS Ratio : 2.23 (As of May. 16, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Intact Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Intact Financial's current share price is $164.48. Intact Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $73.88. Intact Financial's Cyclically Adjusted PS Ratio for today is 2.23.

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

IFCZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 1.96   Max: 2.39
Current: 2.25

During the past years, Intact Financial's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 1.57. And the median was 1.96.

IFCZF's Cyclically Adjusted PS Ratio is ranked worse than
81.73% of 405 companies
in the Insurance industry
Industry Median: 1.01 vs IFCZF: 2.25

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.

Intact Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was $25.627. 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 $73.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intact Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intact Financial'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.

Intact Financial Cyclically Adjusted PS Ratio Chart

Intact Financial 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 2.13 2.15 2.09 2.18 2.06

Intact Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.10 2.16 2.05 2.06 2.19

Competitive Comparison of Intact Financial's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Intact Financial'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.


Intact Financial's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Intact Financial 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.

Intact Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.48/73.88
=2.23

* 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.

Intact Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Intact Financial'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)
=25.627/125.4675*125.4675
=25.627

Current CPI (Mar. 2024) = 125.4675.

Intact Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.938 99.473 17.580
201409 13.737 99.394 17.341
201412 13.090 98.367 16.696
201503 12.192 99.789 15.329
201506 12.122 100.500 15.133
201509 11.579 100.421 14.467
201512 11.313 99.947 14.202
201603 11.867 101.054 14.734
201606 12.575 102.002 15.468
201609 12.889 101.765 15.891
201612 12.044 101.449 14.896
201703 12.824 102.634 15.677
201706 13.143 103.029 16.005
201709 13.656 103.345 16.579
201712 14.773 103.345 17.935
201803 14.153 105.004 16.911
201806 14.220 105.557 16.902
201809 14.611 105.636 17.354
201812 14.891 105.399 17.726
201903 15.167 106.979 17.788
201906 15.045 107.690 17.529
201909 15.110 107.611 17.617
201912 15.998 107.769 18.625
202003 15.043 107.927 17.488
202006 16.043 108.401 18.569
202009 16.576 108.164 19.228
202012 17.552 108.559 20.286
202103 16.090 110.298 18.303
202106 20.296 111.720 22.794
202109 23.510 112.905 26.126
202112 24.847 113.774 27.401
202203 26.491 117.646 28.252
202206 26.376 120.806 27.394
202209 20.747 120.648 21.576
202212 21.252 120.964 22.043
202303 24.797 122.702 25.356
202306 23.469 124.203 23.708
202309 22.633 125.230 22.676
202312 27.135 125.468 27.135
202403 25.627 125.468 25.627

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.


Intact Financial  (OTCPK:IFCZF) 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.


Intact Financial Cyclically Adjusted PS Ratio Related Terms

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


Intact Financial (Intact Financial) Business Description

Address
700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.