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Aegon (CHIX:AGNA) Cyclically Adjusted PS Ratio : 0.40 (As of May. 17, 2024)


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What is Aegon Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Aegon's current share price is €6.272. Aegon's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €15.78. Aegon's Cyclically Adjusted PS Ratio for today is 0.40.

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

CHIX:AGNa' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 0.4
Current: 0.4

During the past 13 years, Aegon's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.10. And the median was 0.25.

CHIX:AGNa's Cyclically Adjusted PS Ratio is ranked better than
81.53% of 406 companies
in the Insurance industry
Industry Median: 1.015 vs CHIX:AGNa: 0.40

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.

Aegon's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €12.471. 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 €15.78 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aegon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aegon'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.

Aegon Cyclically Adjusted PS Ratio Chart

Aegon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.19 0.25 0.29 0.33

Aegon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.25 - 0.29 - 0.33

Competitive Comparison of Aegon's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Aegon'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.


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

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

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



Aegon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.272/15.78
=0.40

* 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.

Aegon's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Aegon's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=12.471/126.4500*126.4500
=12.471

Current CPI (Dec23) = 126.4500.

Aegon Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 15.090 99.050 19.264
201512 11.711 99.730 14.849
201612 17.626 100.710 22.131
201712 19.022 101.970 23.589
201812 5.570 103.970 6.774
201912 23.471 106.800 27.789
202012 14.211 107.850 16.662
202112 16.351 114.010 18.135
202212 -4.507 124.940 -4.561
202312 12.471 126.450 12.471

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.


Aegon  (CHIX:AGNa) 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.


Aegon Cyclically Adjusted PS Ratio Related Terms

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


Aegon (CHIX:AGNA) Business Description

Industry
Address
Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV
Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.

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