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Greenlight Capital Re (Greenlight Capital Re) Cyclically Adjusted Revenue per Share : $15.24 (As of Dec. 2023)


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What is Greenlight Capital Re Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Greenlight Capital Re's adjusted revenue per share for the three months ended in Dec. 2023 was $4.406. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $15.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Greenlight Capital Re's average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Greenlight Capital Re was 11.60% per year. The lowest was 3.20% per year. And the median was 4.70% per year.

As of today (2024-04-27), Greenlight Capital Re's current stock price is $12.05. Greenlight Capital Re's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.24. Greenlight Capital Re's Cyclically Adjusted PS Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Greenlight Capital Re was 3.51. The lowest was 0.41. And the median was 0.76.


Greenlight Capital Re Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Greenlight Capital Re's Cyclically Adjusted Revenue per Share 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.

Greenlight Capital Re Cyclically Adjusted Revenue per Share Chart

Greenlight Capital Re Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 13.85 15.18 15.63 15.24

Greenlight Capital Re Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 15.63 15.71 15.75 15.63 15.24

Competitive Comparison of Greenlight Capital Re's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.


Greenlight Capital Re's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Greenlight Capital Re Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Greenlight Capital Re'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)
=4.406/129.4194*129.4194
=4.406

Current CPI (Dec. 2023) = 129.4194.

Greenlight Capital Re Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.764 99.695 3.588
201406 5.287 100.560 6.804
201409 0.761 100.428 0.981
201412 3.949 99.070 5.159
201503 1.925 99.621 2.501
201506 1.813 100.684 2.330
201509 -2.448 100.392 -3.156
201512 2.006 99.792 2.602
201603 4.443 100.470 5.723
201606 2.355 101.688 2.997
201609 3.893 101.861 4.946
201612 4.893 101.863 6.217
201703 4.375 102.862 5.505
201706 3.281 103.349 4.109
201709 6.318 104.136 7.852
201712 3.364 104.011 4.186
201803 0.004 105.290 0.005
201806 2.384 106.317 2.902
201809 1.187 106.507 1.442
201812 3.142 105.998 3.836
201903 3.508 107.251 4.233
201906 3.419 108.070 4.094
201909 3.569 108.329 4.264
201912 3.088 108.420 3.686
202003 3.243 108.902 3.854
202006 3.165 108.767 3.766
202009 3.283 109.815 3.869
202012 3.409 109.897 4.015
202103 4.310 111.754 4.991
202106 3.921 114.631 4.427
202109 4.418 115.734 4.940
202112 3.773 117.630 4.151
202203 3.916 121.301 4.178
202206 2.731 125.017 2.827
202209 3.568 125.227 3.687
202212 3.174 125.222 3.280
202303 4.136 127.348 4.203
202306 4.100 128.729 4.122
202309 4.850 129.860 4.834
202312 4.406 129.419 4.406

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Greenlight Capital Re  (NAS:GLRE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Greenlight Capital Re's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.05/15.24
=0.79

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Greenlight Capital Re was 3.51. The lowest was 0.41. And the median was 0.76.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Greenlight Capital Re Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Greenlight Capital Re's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenlight Capital Re (Greenlight Capital Re) Business Description

Industry
Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.
Executives
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Ian Isaacs director 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110,, GRAND CAYMAN, E9 E9 KY1-1205
David Sigmon officer: General Counsel 65 MARKET ST., SUITE 1207, JASMINE CT, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Brian Joseph Oreilly officer: Head of Innovations 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, P.O. BOX 3111, GRAND CAYMAN E9 KY1-1205
Richard Paul Strommer officer: Chief Actuary GREENLIGHT REINSURANCE, LTD., 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Johnny Ferrari director PO BOX 493, GEORGE TOWN E9 KY1 1106
Victoria W Guest director RAM RE HOUSE, 46 REID STREET, HAMILTON D0 HM 12
Ursuline F Foley director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Daniel Roitman other: Alternate Director 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Faramarz Romer officer: Reporting & Compliance Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN, E9 E9 KY1-1205
Neil W Greenspan officer: Chief Accounting Officer C/O MONTPELIER RE HOLDINGS LTD., MINTFLOWER PLACE 8 PAR-LA-VILLE ROAD, HAMILTON D0 HM 08
Thomas James Curnock officer: Chief Risk Officer 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Leonard R Goldberg director, officer: Chief Executive Officer 802 WEST BAY ROAD, THE GRAND PAVILION, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Barry Brendan officer: Chief Underwriting Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Laura Accurso officer: GENERAL COUNSEL 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205