GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SCB Life Assurance PLC (BKK:SCBLIF) » Definitions » Cyclically Adjusted PS Ratio

SCB Life Assurance (BKK:SCBLIF) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


View and export this data going back to . Start your Free Trial

What is SCB Life Assurance Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SCB Life Assurance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SCB Life Assurance'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.

SCB Life Assurance Cyclically Adjusted PS Ratio Chart

SCB Life Assurance Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SCB Life Assurance Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - - - -

Competitive Comparison of SCB Life Assurance's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, SCB Life Assurance'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.


SCB Life Assurance's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



SCB Life Assurance 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.

SCB Life Assurance's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec14 is calculated as:

For example, SCB Life Assurance's adjusted Revenue per Share data for the fiscal year that ended in Dec14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=831.566/99.0697*99.0697
=831.566

Current CPI (Dec14) = 99.0697.

SCB Life Assurance Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200512 146.193 83.032 174.430
200612 160.842 85.142 187.154
200712 198.798 88.616 222.248
200812 249.169 88.697 278.307
200912 321.782 91.111 349.889
201012 408.174 92.474 437.287
201112 501.919 95.213 522.248
201212 689.608 96.871 705.259
201312 774.733 98.326 780.594
201412 831.566 99.070 831.566

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.


SCB Life Assurance  (BKK:SCBLIF) 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.


SCB Life Assurance Cyclically Adjusted PS Ratio Related Terms

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


SCB Life Assurance (BKK:SCBLIF) Business Description

Traded in Other Exchanges
N/A
Address
SCB Life Assurance PLC was established on 24 June 1976. The Company provides life and health insurance services. It also offers mortgage protection insurance including group insurance to both individual and institutional clients and management.

SCB Life Assurance (BKK:SCBLIF) Headlines

No Headlines