This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for RenaissanceRe Holdings's Median PS Value or its related term are showing as below:
RNR'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.4 Med: 0.7 Max: 1.2
Current: 0.45
During the past 13 years, the highest Price to Median PS Value of RenaissanceRe Holdings was 1.20. The lowest was 0.40. And the median was 0.70.
RNR's Price-to-Median-PS-Value is ranked better than 86.23% of 305
companies
in the Insurance industry
Industry Median: 0.97
vs RNR: 0.45
RenaissanceRe Holdings Median PS Value Historical Data
The historical data trend for RenaissanceRe Holdings's Median PS Value 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.
Competitive Comparison of RenaissanceRe Holdings's Median PS Value
For the Insurance - Reinsurance subindustry, RenaissanceRe Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
RenaissanceRe Holdings's Price-to-Median-PS-Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, RenaissanceRe Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where RenaissanceRe Holdings's Price-to-Median-PS-Value falls into.
RenaissanceRe Holdings Median PS Value Calculation
10-Year Median PS Ratio is 2.5538.
RenaissanceRe Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $190.565.
* 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.
RenaissanceRe Holdings (NYSE:RNR) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
RenaissanceRe Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
219.23
/
486.66
=
0.45
* 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.
RenaissanceRe Holdings Median PS Value Related Terms
Thank you for viewing the detailed overview of RenaissanceRe Holdings's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty, specialty reinsurance, and certain insurance products. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
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