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Kingsway Financial Services (Kingsway Financial Services) Cyclically Adjusted Revenue per Share : $5.86 (As of Dec. 2023)


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What is Kingsway Financial Services 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.

Kingsway Financial Services's adjusted revenue per share for the three months ended in Dec. 2023 was $0.945. 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 $5.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kingsway Financial Services's average Cyclically Adjusted Revenue Growth Rate was -14.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -12.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -23.90% 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 Kingsway Financial Services was 11.80% per year. The lowest was -36.40% per year. And the median was -12.75% per year.

As of today (2024-04-29), Kingsway Financial Services's current stock price is $8.45. Kingsway Financial Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.86. Kingsway Financial Services's Cyclically Adjusted PS Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kingsway Financial Services was 1.59. The lowest was 0.03. And the median was 0.26.


Kingsway Financial Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kingsway Financial Services'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.

Kingsway Financial Services Cyclically Adjusted Revenue per Share Chart

Kingsway Financial Services 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 9.56 8.48 7.45 6.83 5.86

Kingsway Financial Services 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 6.83 6.63 6.40 6.15 5.86

Competitive Comparison of Kingsway Financial Services's Cyclically Adjusted Revenue per Share

For the Auto & Truck Dealerships subindustry, Kingsway Financial Services'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.


Kingsway Financial Services's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kingsway Financial Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kingsway Financial Services's Cyclically Adjusted PS Ratio falls into.



Kingsway Financial Services 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, Kingsway Financial Services'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)
=0.945/129.4194*129.4194
=0.945

Current CPI (Dec. 2023) = 129.4194.

Kingsway Financial Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.463 99.695 3.197
201406 2.597 100.560 3.342
201409 2.248 100.428 2.897
201412 1.838 99.070 2.401
201503 2.022 99.621 2.627
201506 1.944 100.684 2.499
201509 1.923 100.392 2.479
201512 2.017 99.792 2.616
201603 1.881 100.470 2.423
201606 2.050 101.688 2.609
201609 1.975 101.861 2.509
201612 2.596 101.863 3.298
201703 0.513 102.862 0.645
201706 0.484 103.349 0.606
201709 0.540 104.136 0.671
201712 0.619 104.011 0.770
201803 0.694 105.290 0.853
201806 0.570 106.317 0.694
201809 0.621 106.507 0.755
201812 0.600 105.998 0.733
201903 0.646 107.251 0.780
201906 0.690 108.070 0.826
201909 0.815 108.329 0.974
201912 0.741 108.420 0.885
202003 0.663 108.902 0.788
202006 0.663 108.767 0.789
202009 0.764 109.815 0.900
202012 0.807 109.897 0.950
202103 0.998 111.754 1.156
202106 1.010 114.631 1.140
202109 0.944 115.734 1.056
202112 0.666 117.630 0.733
202203 1.000 121.301 1.067
202206 1.055 125.017 1.092
202209 1.503 125.227 1.553
202212 1.114 125.222 1.151
202303 1.025 127.348 1.042
202306 1.117 128.729 1.123
202309 0.986 129.860 0.983
202312 0.945 129.419 0.945

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


Kingsway Financial Services  (NYSE:KFS) 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.

Kingsway Financial Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.45/5.86
=1.44

* 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 Kingsway Financial Services was 1.59. The lowest was 0.03. And the median was 0.26.


Be Aware

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


Kingsway Financial Services Cyclically Adjusted Revenue per Share Related Terms

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


Kingsway Financial Services (Kingsway Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
10 S. Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606
Kingsway Financial Services Inc through subsidiaries operates in the extended warranty, asset management, and real estate industries in the United States. It operates through three segments: Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. The firm generates maximum revenue from Extended Warranty segment in the form of Service fee and commission income.
Executives
Fitzgerald John Taylor Maloney director, officer: Executive Vice President KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Kent A Hansen officer: CFO & EVP C/O KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Oakmont Capital Inc 10 percent owner 112 ST.CLAIR AVENUE WEST, SUITE 400, ONTARIO Z4 M4V 2Y3
Gregory Paul Hannon director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Terence Michael Kavanagh director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Paul R. Hogan officer: Secretary and General Counsel 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Porcelli Corissa B. director 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Hickey William August Jr officer: Executive VP, COO and CFO KINGSWAY FINANCIAL SERVICES, INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Douglas Levine director 2602 NW 5TH AVENUE, MIAMI FL 33127

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