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National Western Life Group (National Western Life Group) Cyclically Adjusted PS Ratio : 2.12 (As of Apr. 29, 2024)


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What is National Western Life Group Cyclically Adjusted PS Ratio?

As of today (2024-04-29), National Western Life Group's current share price is $488.30. National Western Life Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $230.27. National Western Life Group's Cyclically Adjusted PS Ratio for today is 2.12.

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

NWLI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.33   Max: 2.14
Current: 2.12

During the past years, National Western Life Group's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.63. And the median was 1.33.

NWLI's Cyclically Adjusted PS Ratio is ranked worse than
78.71% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs NWLI: 2.12

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.

National Western Life Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $57.170. 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 $230.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Western Life Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Western Life Group'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.

National Western Life Group Cyclically Adjusted PS Ratio Chart

National Western Life Group 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 1.42 0.99 0.94 1.20 2.10

National Western Life Group 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 1.20 1.04 1.77 1.86 2.10

Competitive Comparison of National Western Life Group's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, National Western Life Group'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.


National Western Life Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where National Western Life Group's Cyclically Adjusted PS Ratio falls into.



National Western Life Group 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.

National Western Life Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=488.30/230.27
=2.12

* 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.

National Western Life Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, National Western Life Group'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)
=57.17/129.4194*129.4194
=57.170

Current CPI (Dec. 2023) = 129.4194.

National Western Life Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 43.443 99.695 56.396
201406 56.871 100.560 73.193
201409 43.876 100.428 56.542
201412 50.650 99.070 66.166
201503 40.651 99.621 52.810
201506 42.677 100.684 54.857
201509 29.173 100.392 37.608
201512 49.652 99.792 64.393
201603 40.952 100.470 52.752
201606 45.955 101.688 58.487
201609 50.013 101.861 63.544
201612 50.683 101.863 64.394
201703 61.653 102.862 77.571
201706 54.518 103.349 68.270
201709 56.103 104.136 69.725
201712 68.156 104.011 84.805
201803 29.983 105.290 36.854
201806 48.036 106.317 58.474
201809 62.001 106.507 75.339
201812 11.685 105.998 14.267
201903 59.931 107.251 72.319
201906 52.994 108.070 63.463
201909 47.625 108.329 56.897
201912 64.749 108.420 77.290
202003 14.436 108.902 17.156
202006 59.410 108.767 70.690
202009 55.749 109.815 65.701
202012 61.479 109.897 72.400
202103 63.360 111.754 73.375
202106 61.101 114.631 68.983
202109 42.597 115.734 47.634
202112 68.658 117.630 75.540
202203 38.023 121.301 40.568
202206 32.530 125.017 33.676
202209 39.097 125.227 40.406
202212 44.374 125.222 45.861
202303 41.973 127.348 42.656
202306 51.204 128.729 51.479
202309 43.094 129.860 42.948
202312 57.170 129.419 57.170

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.


National Western Life Group  (NAS:NWLI) 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.


National Western Life Group Cyclically Adjusted PS Ratio Related Terms

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


National Western Life Group (National Western Life Group) Business Description

Traded in Other Exchanges
N/A
Address
10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.
Executives
E J Pederson director 850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody director, officer: President & Interim CEO 850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone director AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell director 850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez officer: Sr VP - CLO & Secretary 850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller other: NWLIC SVP - CLO & Secretary 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury other: NWLIC - VP Controller 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M other: NWLIC - SVP Chief Actuary CRO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope other: NWLIC - EVP CMO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson other: NWLIC - VP Head of Investments 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody 10 percent owner 850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust 10 percent owner C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen other: NWLIC - SVP CIO 10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody director 850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod director 850 EAST ANDERSON LANE, AUSTIN TX 78752