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AXS (Axis Capital Holdings) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 26, 2025)


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What is Axis Capital Holdings Cyclically Adjusted PS Ratio?

As of today (2025-06-26), Axis Capital Holdings's current share price is $102.81. Axis Capital Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $69.46. Axis Capital Holdings's Cyclically Adjusted PS Ratio for today is 1.48.

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

AXS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.31   Max: 2.13
Current: 1.45

During the past years, Axis Capital Holdings's highest Cyclically Adjusted PS Ratio was 2.13. The lowest was 0.73. And the median was 1.31.

AXS's Cyclically Adjusted PS Ratio is ranked worse than
64% of 400 companies
in the Insurance industry
Industry Median: 1.09 vs AXS: 1.45

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.

Axis Capital Holdings's adjusted revenue per share data for the three months ended in Mar. 2025 was $17.815. 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 $69.46 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axis Capital Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axis Capital Holdings'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.

Axis Capital Holdings Cyclically Adjusted PS Ratio Chart

Axis Capital Holdings 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 1.03 0.99 0.89 0.85 1.30

Axis Capital Holdings 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 0.98 1.05 1.18 1.30 1.44

Competitive Comparison of Axis Capital Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Axis Capital Holdings'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.


Axis Capital Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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


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Axis Capital Holdings 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.

Axis Capital Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.81/69.46
=1.48

* 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.

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

For example, Axis Capital Holdings'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)
=17.815/134.9266*134.9266
=17.815

Current CPI (Mar. 2025) = 134.9266.

Axis Capital Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.886 100.684 13.248
201509 12.150 100.392 16.330
201512 10.336 99.792 13.975
201603 9.322 100.470 12.519
201606 12.051 101.688 15.990
201609 11.912 101.861 15.779
201612 11.883 101.863 15.740
201703 11.373 102.862 14.918
201706 12.419 103.349 16.214
201709 13.099 104.136 16.972
201712 15.832 104.011 20.538
201803 14.600 105.290 18.710
201806 15.458 106.317 19.618
201809 15.707 106.507 19.898
201812 15.176 105.998 19.318
201903 14.882 107.251 18.722
201906 15.380 108.070 19.202
201909 15.945 108.329 19.860
201912 15.178 108.420 18.889
202003 14.173 108.902 17.560
202006 13.955 108.767 17.311
202009 14.065 109.815 17.281
202012 14.262 109.897 17.510
202103 14.666 111.754 17.707
202106 15.492 114.631 18.235
202109 16.004 115.734 18.658
202112 16.224 117.630 18.610
202203 15.222 121.301 16.932
202206 14.703 125.017 15.868
202209 16.104 125.227 17.351
202212 16.114 125.222 17.363
202303 15.580 127.348 16.507
202306 15.770 128.729 16.529
202309 17.247 129.860 17.920
202312 16.374 129.419 17.071
202403 16.920 131.776 17.325
202406 17.238 132.554 17.547
202409 17.882 133.029 18.137
202412 18.638 133.157 18.886
202503 17.815 134.927 17.815

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.


Axis Capital Holdings  (NYSE:AXS) 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.


Axis Capital Holdings Cyclically Adjusted PS Ratio Related Terms

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


Axis Capital Holdings Business Description

Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States ("U.S."), Europe, Singapore, and Canada. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks. The company's segment consists of AXIS Insurance and AXIS Reinsurance. The company generates the majority of its revenue from the Insurance segment. Geographically, the company generates the majority of its revenue from the United States.
Executives
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029
Henry B Smith director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
W Marston Becker director C/O ALTERRA HOUSE, 2 FRONT STREET, HAMILTON D0 HM11
Daniel J Draper officer: Grp Chief Underwriting Officer 52 LIME STREET, LONDON X0 EC3M 7AF
Vincent C Tizzio officer: CEO, Specialty Ins. and Re. C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Axel Theis director 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Thomas C. Ramey director C/O AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anne Melissa Dowling director 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Albert Benchimol officer: Chief Financial Officer & EVP AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08
Michael A Butt director, officer: Chairman AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter Vogt officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10036
Lizabeth H Zlatkus director ONE HARTFORD PLAZA, HARTFORD CT 06155
Kent W Ziegler officer: Principal Acct Off, Controller 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Elanor Hardwick director C/O AXIS CAPITAL HOLDINGS LIMITED, AXIS HOUSE, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08