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Aon (AON) Cyclically Adjusted PS Ratio : 6.17 (As of May. 25, 2025)


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What is Aon Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Aon's current share price is $356.54. Aon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $57.74. Aon's Cyclically Adjusted PS Ratio for today is 6.17.

The historical rank and industry rank for Aon's Cyclically Adjusted PS Ratio or its related term are showing as below:

AON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.83   Med: 5.27   Max: 7.63
Current: 6.18

During the past years, Aon's highest Cyclically Adjusted PS Ratio was 7.63. The lowest was 2.83. And the median was 5.27.

AON's Cyclically Adjusted PS Ratio is ranked worse than
94.56% of 386 companies
in the Insurance industry
Industry Median: 1.12 vs AON: 6.18

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.

Aon's adjusted revenue per share data for the three months ended in Mar. 2025 was $21.703. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $57.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aon's Cyclically Adjusted 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.

Aon Cyclically Adjusted PS Ratio Chart

Aon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 6.96 6.16 5.48 6.37

Aon Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio 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 6.17 5.31 6.24 6.37 6.91

Competitive Comparison of Aon's Cyclically Adjusted PS Ratio

For the Insurance Brokers subindustry, Aon'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.


Aon's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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


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Aon Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Aon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=356.54/57.74
=6.17

* 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.

Aon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Aon's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=21.703/123.4051*123.4051
=21.703

Current CPI (Mar. 2025) = 123.4051.

Aon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.784 100.573 12.005
201509 9.662 100.274 11.891
201512 3.914 99.676 4.846
201603 8.316 99.676 10.296
201606 8.458 101.072 10.327
201609 8.164 100.274 10.047
201612 9.881 99.676 12.233
201703 8.918 100.374 10.964
201706 9.024 100.673 11.062
201709 9.094 100.474 11.170
201712 11.448 100.075 14.117
201803 12.350 100.573 15.154
201806 10.352 101.072 12.639
201809 9.564 101.371 11.643
201812 11.311 100.773 13.851
201903 12.897 101.670 15.654
201906 10.733 102.168 12.964
201909 9.950 102.268 12.007
201912 12.188 102.068 14.736
202003 13.727 102.367 16.548
202006 10.689 101.769 12.961
202009 10.214 101.072 12.471
202012 12.852 101.072 15.692
202103 15.454 102.367 18.630
202106 12.658 103.364 15.112
202109 11.988 104.859 14.108
202112 13.918 106.653 16.104
202203 16.959 109.245 19.157
202206 13.894 112.779 15.203
202209 12.681 113.504 13.787
202212 14.976 115.436 16.010
202303 18.691 117.609 19.612
202306 15.400 119.662 15.882
202309 14.433 120.749 14.751
202312 16.708 120.749 17.076
202403 20.340 120.990 20.746
202406 17.628 122.318 17.785
202409 17.038 121.594 17.292
202412 19.005 122.439 19.155
202503 21.703 123.405 21.703

Add all the adjusted revenue per share together and divide 10 will get our 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.


Aon  (NYSE:AON) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Aon Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Aon's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aon Business Description

Industry
Address
15 George's Quay, Dublin 2, Dublin, IRL, D02 VR98
Aon is a leading global provider of insurance and reinsurance brokerage and human resources solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries.
Executives
Mindy F. Simon officer: Chief Operating Officer FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Lisa Stevens officer: Chief People Officer 200 EAST RANDOLPH, CHICAGO IL 60601
Byron Spruell director 200 EAST RANDOLPH ST., CHICAGO IL 60601
Darren Zeidel officer: General Counsel 200 EAST RANDOLPH ST., CHICAGO IL 60640
Lester B Knight director C/O AON CORP, 200 EAST RANDOLPH STREET, CHICAGO IL 60601
Eric Andersen officer: CEO, Aon Benfield 200 EAST RANDOLPH ST., CHICAGO IL 60601
Christa Davies officer: EVP, Global Finance AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Michael Neller officer: Principal Accounting Officer 200 EAST RANDOLPH ST., CHICAGO IL 60601
Sarah G Smith director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Adriana Karaboutis director C/O BIOGEN IDEC INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Jillian Slyfield officer: Chief Innovation Officer 200 E RANDOLPH ST., CHICAGO IL 60601
J Michael Losh director H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
James Platt officer: Chief Operating Officer THE LEADENHALL BUILDING, 122 LEADENHALL ST., LONDON X0 EC3V 4AN
John G Bruno officer: Executive Vice President, CIO
Carolyn Y Woo director 801 E. 86TH AVENUE, MERRILLVILLE IN 4641-