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Swiss Re AG (Swiss Re AG) Cyclically Adjusted PS Ratio : 0.68 (As of Apr. 28, 2024)


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What is Swiss Re AG Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Swiss Re AG's current share price is $27.255. Swiss Re AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $39.87. Swiss Re AG's Cyclically Adjusted PS Ratio for today is 0.68.

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

SSREY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.91   Max: 1.12
Current: 0.74

During the past 13 years, Swiss Re AG's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.54. And the median was 0.91.

SSREY's Cyclically Adjusted PS Ratio is ranked better than
62.87% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs SSREY: 0.74

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.

Swiss Re AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $40.386. 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 $39.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swiss Re AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Swiss Re AG'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.

Swiss Re AG Cyclically Adjusted PS Ratio Chart

Swiss Re AG 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 1.04 0.75 0.76 0.68 0.71

Swiss Re AG 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 0.76 - 0.68 - 0.71

Competitive Comparison of Swiss Re AG's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Swiss Re AG'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.


Swiss Re AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Swiss Re AG 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.

Swiss Re AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.255/39.87
=0.68

* 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.

Swiss Re AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Swiss Re AG'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)
=40.386/106.4611*106.4611
=40.386

Current CPI (Dec23) = 106.4611.

Swiss Re AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 27.231 100.704 28.788
201512 23.466 99.386 25.136
201612 29.615 99.380 31.725
201712 32.978 100.213 35.034
201812 29.397 100.906 31.015
201912 39.707 101.063 41.828
202012 37.851 100.241 40.200
202112 37.834 101.776 39.576
202212 37.978 104.666 38.629
202312 40.386 106.461 40.386

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.


Swiss Re AG  (OTCPK:SSREY) 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.


Swiss Re AG Cyclically Adjusted PS Ratio Related Terms

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


Swiss Re AG (Swiss Re AG) Business Description

Address
Mythenquai 50/60, Zurich, CHE, 8022
Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.

Swiss Re AG (Swiss Re AG) Headlines

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