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Old Republic International (Old Republic International) Cyclically Adjusted PS Ratio : 1.16 (As of May. 16, 2024)


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What is Old Republic International Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Old Republic International's current share price is $31.92. Old Republic International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $27.41. Old Republic International's Cyclically Adjusted PS Ratio for today is 1.16.

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

ORI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.98   Max: 1.16
Current: 1.15

During the past years, Old Republic International's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.63. And the median was 0.98.

ORI's Cyclically Adjusted PS Ratio is ranked worse than
56.3% of 405 companies
in the Insurance industry
Industry Median: 1.01 vs ORI: 1.15

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.

Old Republic International's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.318. 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 $27.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Republic International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Old Republic International'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.

Old Republic International Cyclically Adjusted PS Ratio Chart

Old Republic International 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 1.05 0.89 1.00 0.92 1.08

Old Republic International 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 0.93 0.93 0.99 1.08 1.12

Competitive Comparison of Old Republic International's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Old Republic International'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.


Old Republic International's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Old Republic International 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.

Old Republic International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.92/27.41
=1.16

* 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.

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

For example, Old Republic International'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)
=7.318/131.7762*131.7762
=7.318

Current CPI (Mar. 2024) = 131.7762.

Old Republic International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.520 100.560 5.923
201409 4.714 100.428 6.185
201412 4.656 99.070 6.193
201503 4.500 99.621 5.952
201506 4.762 100.684 6.233
201509 5.224 100.392 6.857
201512 4.991 99.792 6.591
201603 4.782 100.470 6.272
201606 4.870 101.688 6.311
201609 5.046 101.861 6.528
201612 5.216 101.863 6.748
201703 4.844 102.862 6.206
201706 5.024 103.349 6.406
201709 5.336 104.136 6.752
201712 5.718 104.011 7.244
201803 4.759 105.290 5.956
201806 5.416 106.317 6.713
201809 5.925 106.507 7.331
201812 5.049 105.998 6.277
201903 6.224 107.251 7.647
201906 5.468 108.070 6.667
201909 5.876 108.329 7.148
201912 7.211 108.420 8.764
202003 2.543 108.902 3.077
202006 6.806 108.767 8.246
202009 6.549 109.815 7.859
202012 8.116 109.897 9.732
202103 7.857 111.754 9.265
202106 7.453 114.631 8.568
202109 6.628 115.734 7.547
202112 8.892 117.630 9.961
202203 7.224 121.301 7.848
202206 5.958 125.017 6.280
202209 5.667 125.227 5.963
202212 7.896 125.222 8.309
202303 5.981 127.348 6.189
202306 6.246 128.729 6.394
202309 6.287 129.860 6.380
202312 6.983 129.419 7.110
202403 7.318 131.776 7.318

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.


Old Republic International  (NYSE:ORI) 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.


Old Republic International Cyclically Adjusted PS Ratio Related Terms

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


Old Republic International (Old Republic International) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.
Executives
Charles J Kovaleski director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Jeffrey Lange officer: SVPUnderwriting & Distribution 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Carolyn Monroe officer: SVP - Title Insurance 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Barbara Adachi director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Stephen J Oberst officer: Executive Vice President 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
John Eric Smith director 260 LENA DRIVE, AURORA OH 44202
Michael Denard Kennedy director 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Lisa J Caldwell director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Aldo C Zucaro director, officer: Chairman, President & CEO 307 N MICHIGAN AVE, STE 2300, CHICAGO IL 60601
Glenn W Reed director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Karl W Mueller officer: Senior VP & CFO 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Thomas Dare officer: SrVP Secretary General Counsel 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
William T Gray officer: Senior VP & Treasurer
Rande Keith Yeager officer: SVP, Title Insurance 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Steven J Bateman director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601

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