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Zurich Insurance Co (JSE:ZSA) PS Ratio : 0.76 (As of May. 14, 2024)


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What is Zurich Insurance Co PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Zurich Insurance Co's share price is R230.00. Zurich Insurance Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2013 was R302.97. Hence, Zurich Insurance Co's PS Ratio for today is 0.76.

The historical rank and industry rank for Zurich Insurance Co's PS Ratio or its related term are showing as below:

JSE:ZSA's PS Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.07
* Ranked among companies with meaningful PS Ratio only.

Zurich Insurance Co's Revenue per Sharefor the six months ended in Dec. 2013 was R302.97. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2013 was R302.97.

Back to Basics: PS Ratio


Zurich Insurance Co PS Ratio Historical Data

The historical data trend for Zurich Insurance Co's 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.

Zurich Insurance Co PS Ratio Chart

Zurich Insurance Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.46 0.55 0.78 0.90 0.87

Zurich Insurance Co Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
PS Ratio Get a 7-Day Free Trial Premium Member Only 0.46 0.55 0.78 0.90 0.87

Competitive Comparison of Zurich Insurance Co's PS Ratio

For the Insurance - Property & Casualty subindustry, Zurich Insurance Co's PS Ratio, along with its competitors' market caps and 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.


Zurich Insurance Co's PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zurich Insurance Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Zurich Insurance Co's PS Ratio falls into.



Zurich Insurance Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Zurich Insurance Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=230.00/302.967
=0.76

Zurich Insurance Co's Share Price of today is R230.00.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Zurich Insurance Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2013 was R302.97.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Zurich Insurance Co  (JSE:ZSA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Zurich Insurance Co PS Ratio Related Terms

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Zurich Insurance Co (JSE:ZSA) Business Description

Traded in Other Exchanges
N/A
Address
Zurich Insurance Co SA Ltd, a short-term insurance Company, was founded on 1965. The Company offers insurance products and services for individual, commercial and corporate customers. It provides short-term insurance, operating across corporate, commercial and domestic markets and markets its products through brokers and agents. It has a network of offices throughout South Africa. Its products consist of Body Corporate Insurance, Collectible Insurance, Commercial Insurance, Farmers Insurance, Flexiflite Insurance, Hospitality Insurance, Small and Medium Enterprises Insurance, Wineries Insurance, Home and Motor Insurance, Engineering Insurance, Marine Insurance and Travel Insurance. It provides services such as Fast Track Claims, Motor Assessing and Zurich Assist.

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