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Union Assurance (COL:UAL.N0000) Cyclically Adjusted PS Ratio : 1.49 (As of Jun. 10, 2024)


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What is Union Assurance Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Union Assurance's current share price is රු49.00. Union Assurance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was රු32.87. Union Assurance's Cyclically Adjusted PS Ratio for today is 1.49.

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

COL:UAL.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.25   Max: 1.59
Current: 1.49

During the past years, Union Assurance's highest Cyclically Adjusted PS Ratio was 1.59. The lowest was 0.90. And the median was 1.25.

COL:UAL.N0000's Cyclically Adjusted PS Ratio is ranked worse than
69.63% of 405 companies
in the Insurance industry
Industry Median: 0.97 vs COL:UAL.N0000: 1.49

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.

Union Assurance's adjusted revenue per share data for the three months ended in Mar. 2024 was රු13.557. 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 රු32.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Assurance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Union 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.

Union Assurance Cyclically Adjusted PS Ratio Chart

Union Assurance 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 - - 1.23 1.02 1.28

Union Assurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.16 1.04 1.33 1.28 1.42

Competitive Comparison of Union Assurance's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Union 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.


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

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

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



Union 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.

Union Assurance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.00/32.87
=1.49

* 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.

Union Assurance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Union Assurance's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.557/131.7762*131.7762
=13.557

Current CPI (Mar. 2024) = 131.7762.

Union Assurance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.830 100.560 5.019
201409 2.928 100.428 3.842
201412 2.707 99.070 3.601
201503 2.447 99.621 3.237
201506 2.698 100.684 3.531
201509 3.958 100.392 5.195
201512 4.002 99.792 5.285
201603 3.475 100.470 4.558
201606 4.519 101.688 5.856
201609 5.352 101.861 6.924
201612 4.912 101.863 6.354
201703 5.136 102.862 6.580
201706 6.208 103.349 7.916
201709 5.529 104.136 6.997
201712 6.342 104.011 8.035
201803 5.717 105.290 7.155
201806 5.677 106.317 7.036
201809 5.349 106.507 6.618
201812 6.878 105.998 8.551
201903 5.310 107.251 6.524
201906 5.616 108.070 6.848
201909 7.130 108.329 8.673
201912 8.324 108.420 10.117
202003 6.364 108.902 7.701
202006 4.861 108.767 5.889
202009 8.851 109.815 10.621
202012 9.832 109.897 11.789
202103 7.973 111.754 9.401
202106 7.572 114.631 8.705
202109 8.889 115.734 10.121
202112 11.081 117.630 12.414
202203 8.050 121.301 8.745
202206 8.137 125.017 8.577
202209 11.694 125.227 12.306
202212 11.717 125.222 12.330
202303 10.964 127.348 11.345
202306 11.957 128.729 12.240
202309 13.842 129.860 14.046
202312 14.239 129.419 14.498
202403 13.557 131.776 13.557

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.


Union Assurance  (COL:UAL.N0000) 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.


Union Assurance Cyclically Adjusted PS Ratio Related Terms

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


Union Assurance (COL:UAL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, St. Michael's Road, Union Assurance Centre, Colombo, LKA, 03
Union Assurance PLC is engaged in the Life insurance business. It provides Life insurance solutions for both Individual and corporate customers. The company's operating segment includes the Policyholder Fund and Shareholder Fund. It generates maximum revenue from the Policyholder Fund segment. UA maintains five separate policy holder funds according to the following product types: Participating, Non-participating, Universal life, Unit linked, and Non-unit linked.

Union Assurance (COL:UAL.N0000) Headlines

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