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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Cyclically Adjusted Revenue per Share : $49.88 (As of Dec. 2023)


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What is Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG's adjusted revenue per share for the three months ended in Dec. 2023 was $11.885. 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 $49.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Munchener Ruckversicherungs-Gesellschaft AG's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 Munchener Ruckversicherungs-Gesellschaft AG was 7.10% per year. The lowest was 2.20% per year. And the median was 5.15% per year.

As of today (2024-04-28), Munchener Ruckversicherungs-Gesellschaft AG's current stock price is $44.21. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $49.88. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Munchener Ruckversicherungs-Gesellschaft AG was 1.02. The lowest was 0.44. And the median was 0.64.


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Revenue per Share Chart

Munchener Ruckversicherungs-Gesellschaft AG 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 39.96 44.25 44.59 45.28 49.88

Munchener Ruckversicherungs-Gesellschaft AG 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 45.28 47.40 48.27 46.97 49.88

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft 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.


Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio falls into.



Munchener Ruckversicherungs-Gesellschaft AG 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, Munchener Ruckversicherungs-Gesellschaft AG'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)
=11.885/123.6675*123.6675
=11.885

Current CPI (Dec. 2023) = 123.6675.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.004 99.543 13.671
201406 11.200 99.543 13.914
201409 10.120 99.823 12.537
201412 10.359 99.543 12.870
201503 9.200 99.717 11.410
201506 9.746 100.417 12.003
201509 8.922 100.417 10.988
201512 9.239 99.717 11.458
201603 8.721 100.017 10.783
201606 10.235 100.717 12.567
201609 9.680 101.017 11.851
201612 9.460 101.217 11.558
201703 9.697 101.417 11.824
201706 9.906 102.117 11.997
201709 10.397 102.717 12.518
201712 11.047 102.617 13.313
201803 10.430 102.917 12.533
201806 9.978 104.017 11.863
201809 10.126 104.718 11.958
201812 10.151 104.217 12.045
201903 10.852 104.217 12.877
201906 10.934 105.718 12.790
201909 11.406 106.018 13.305
201912 11.632 105.818 13.594
202003 10.591 105.718 12.389
202006 11.952 106.618 13.863
202009 12.227 105.818 14.290
202012 13.642 105.518 15.989
202103 12.620 107.518 14.516
202106 13.569 108.486 15.468
202109 13.783 109.435 15.576
202112 13.573 110.384 15.206
202203 10.903 113.968 11.831
202206 10.880 115.760 11.623
202209 11.044 118.818 11.495
202212 10.950 119.345 11.347
202303 12.274 122.402 12.401
202306 11.496 123.140 11.545
202309 12.058 124.195 12.007
202312 11.885 123.668 11.885

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


Munchener Ruckversicherungs-Gesellschaft AG  (OTCPK:MURGY) 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.

Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.21/49.88
=0.89

* 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 Munchener Ruckversicherungs-Gesellschaft AG was 1.02. The lowest was 0.44. And the median was 0.64.


Be Aware

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


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Business Description

Traded in Other Exchanges
Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Headlines

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