Protector Forsikring ASA (CHIX:PROTO) Cyclically Adjusted PS Ratio: 4.39 (As of Jul. 06, 2026) — 66% Above Median


CHIX:PROTO Protector Forsikring ASA CHIX:PROTO
73 GF Score
Price kr461.60
GF Value kr380.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Protector Forsikring ASA Cyclically Adjusted PS Ratio?

Protector Forsikring ASA CHIX:PROTO 73 Cyclically Adjusted PS Ratio is 4.39 as of Jul. 06, 2026, which is 66% above its 10-year median of 2.65. GuruFocus rates CHIX:PROTO with a GF Score™ of 73/100 and a GF Value™ of kr380.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 413 Insurance companies, Protector Forsikring ASA ranks worse than 94.19% on this metric.

As of today (2026-07-06), Protector Forsikring ASA's current share price is kr461.60. Protector Forsikring ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr105.20. Protector Forsikring ASA's Cyclically Adjusted PS Ratio for today is 4.39.

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

CHIX:PROTo' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 2.65   Max: 6.08
Current: 5.27

During the past years, Protector Forsikring ASA's highest Cyclically Adjusted PS Ratio was 6.08. The lowest was 0.72. And the median was 2.65.

CHIX:PROTo's Cyclically Adjusted PS Ratio is ranked worse than
94.19% of 413 companies
in the Insurance industry
Industry Median: 1.23 vs CHIX:PROTo: 5.27

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.

Protector Forsikring ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr38.467. 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 kr105.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Protector Forsikring ASA  (CHIX:PROTo) 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.


Protector Forsikring ASA Cyclically Adjusted PS Ratio Related Terms


Protector Forsikring ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Protector Forsikring ASA'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.

Protector Forsikring ASA Cyclically Adjusted PS Ratio Chart

Protector Forsikring ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.42 2.81 3.71 5.62

Protector Forsikring ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.20 5.02 5.51 5.62 4.81

CHIX:PROTO vs FNF, AXS, FAF: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Specialty subindustry, Protector Forsikring ASA'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.


Protector Forsikring ASA Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


CHIX:PROTO
73GF Score
Protector Forsikring ASA CHIX:PROTO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Protector Forsikring ASA 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.

Protector Forsikring ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=461.60/105.20
=4.39

* 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.

Protector Forsikring ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Protector Forsikring ASA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38.467/141.0300*141.0300
=38.467

Current CPI (Mar. 2026) = 141.0300.

Protector Forsikring ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.499 103.800 15.623
201609 10.168 104.200 13.762
201612 9.308 104.400 12.574
201703 9.742 105.000 13.085
201706 10.819 105.800 14.422
201709 10.288 105.900 13.701
201712 3.534 106.100 4.697
201803 8.644 107.300 11.361
201806 9.774 108.500 12.704
201809 9.458 109.500 12.181
201812 7.474 109.800 9.600
201903 12.278 110.400 15.684
201906 12.276 110.600 15.654
201909 13.137 111.100 16.676
201912 14.952 111.300 18.946
202003 10.038 111.200 12.731
202006 20.495 112.100 25.784
202009 17.457 112.900 21.807
202012 19.197 112.900 23.980
202103 21.115 114.600 25.985
202106 21.522 115.300 26.325
202109 15.554 117.500 18.669
202112 18.440 118.900 21.872
202203 16.537 119.800 19.468
202206 15.349 122.600 17.656
202209 17.055 125.600 19.150
202212 23.402 125.900 26.214
202303 30.368 127.600 33.564
202306 25.311 130.400 27.374
202309 26.819 129.800 29.139
202312 40.806 131.900 43.631
202403 35.352 132.600 37.599
202406 36.382 133.800 38.348
202409 41.158 133.700 43.414
202412 34.027 134.800 35.600
202503 44.343 136.100 45.949
202506 46.550 137.800 47.641
202509 42.055 138.500 42.823
202512 47.383 139.100 48.040
202603 38.467 141.030 38.467

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.

What does a Cyclically Adjusted PS Ratio of 4.39 mean?
Protector Forsikring ASA (CHIX:PROTO) has a Cyclically Adjusted PS Ratio of 4.39 as of Jul. 06, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Protector Forsikring ASA and its competitors. This is 66% above median its historical median of 2.65. Over the past decade, Protector Forsikring ASA's Cyclically Adjusted PS Ratio has ranged from 0.72 to 6.08. According to the industry distribution chart, Protector Forsikring ASA ranks #389 out of 413 companies in the Insurance industry, placing it in the top 94.2%.
Is Protector Forsikring ASA's Cyclically Adjusted PS Ratio too high?
Protector Forsikring ASA's current Cyclically Adjusted PS Ratio of 4.39 is 66% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 6.08. The Insurance industry median Cyclically Adjusted PS Ratio is 1.23. Protector Forsikring ASA's value of 4.39 is 256.9% above this industry median. Based on the distribution chart, Protector Forsikring ASA ranks #389 out of 413 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Protector Forsikring ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Protector Forsikring ASA's Cyclically Adjusted PS Ratio compare to FNF and AXS?
According to the Insurance industry distribution chart, Protector Forsikring ASA ranks #389 out of 413 companies for Cyclically Adjusted PS Ratio. This places Protector Forsikring ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. Protector Forsikring ASA's value of 4.39 is 256.9% above this benchmark. Historically, Protector Forsikring ASA's own Cyclically Adjusted PS Ratio has ranged from 0.72 to 6.08 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.23, Protector Forsikring ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.23, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Protector Forsikring ASA's current Cyclically Adjusted PS Ratio of 4.39 is 256.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Protector Forsikring ASA and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protector Forsikring ASA's current Cyclically Adjusted PS Ratio is 4.39, which is 66% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protector Forsikring ASA stock overvalued right now?
Based on GuruFocus' analysis, Protector Forsikring ASA (CHIX:PROTO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr380.25, compared to a current price of kr461.60 — trading 21.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.39, which is 66% above median its 10-year median of 2.65 and 256.9% above the Insurance industry median of 1.23. Protector Forsikring ASA's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Protector Forsikring ASA (CHIX:PROTO), the current Cyclically Adjusted PS Ratio is 4.39 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Protector Forsikring ASA (CHIX:PROTO) Overvalued in 2026?

Based on GuruFocus' analysis, Protector Forsikring ASA stock appears to be overvalued. The current stock price of kr461.60 is trading 21.4% above its estimated GF Value™ of kr380.25. GuruFocus considers Protector Forsikring ASA to be Modestly Overvalued.

Key valuation signals for CHIX:PROTO:

  • Cyclically Adjusted PS Ratio: 4.39 (66% above median its 10-year median of 2.65)
  • GF Value™: kr380.25 vs. price of kr461.60 (21.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 256.9% above the Insurance median (#389 of 413)

No single metric tells the full story. See the CHIX:PROTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Protector Forsikring ASA Business Description

Address Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA developer of a general P&C and employee benefits insurance provider designed to deliver cost and quality leadership in the insurance industry. The company offers standardized insurance products, all core systems insourced and developed in-house, enabling brokers and businesses across multiple countries to access competitive pricing and a value-based performance culture.
73GF Score

Get the complete analysis for CHIX:PROTO

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr461.60
Price
kr380.25
GF Value