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Lancashire Holdings (Lancashire Holdings) Cyclically Adjusted PS Ratio : 2.06 (As of Apr. 27, 2024)


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What is Lancashire Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Lancashire Holdings's current share price is $6.95. Lancashire Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $3.38. Lancashire Holdings's Cyclically Adjusted PS Ratio for today is 2.06.

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

LCSHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.82   Max: 3.72
Current: 2.21

During the past 13 years, Lancashire Holdings's highest Cyclically Adjusted PS Ratio was 3.72. The lowest was 1.63. And the median was 2.82.

LCSHF's Cyclically Adjusted PS Ratio is ranked worse than
80.69% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs LCSHF: 2.21

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.

Lancashire Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $5.141. 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 $3.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lancashire Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lancashire Holdings'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.

Lancashire Holdings Cyclically Adjusted PS Ratio Chart

Lancashire Holdings 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 3.36 3.31 2.31 2.67 2.35

Lancashire Holdings 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 2.31 - 2.67 - 2.35

Competitive Comparison of Lancashire Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Lancashire 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.


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

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

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



Lancashire Holdings 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.

Lancashire Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.95/3.38
=2.06

* 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.

Lancashire Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Lancashire Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.141/129.4194*129.4194
=5.141

Current CPI (Dec23) = 129.4194.

Lancashire Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.793 99.070 4.955
201512 3.060 99.792 3.968
201612 2.712 101.863 3.446
201712 2.423 104.011 3.015
201812 2.224 105.998 2.715
201912 2.380 108.420 2.841
202012 2.384 109.897 2.808
202112 3.044 117.630 3.349
202212 3.221 125.222 3.329
202312 5.141 129.419 5.141

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.


Lancashire Holdings  (OTCPK:LCSHF) 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.


Lancashire Holdings Cyclically Adjusted PS Ratio Related Terms

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


Lancashire Holdings (Lancashire Holdings) Business Description

Traded in Other Exchanges
Address
7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.