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Arabian Scandinavian Insurance Co (DFM:ASCANA) Cyclically Adjusted PS Ratio : 1.79 (As of Apr. 30, 2024)


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What is Arabian Scandinavian Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Arabian Scandinavian Insurance Co's current share price is د.إ1.65. Arabian Scandinavian Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was د.إ0.92. Arabian Scandinavian Insurance Co's Cyclically Adjusted PS Ratio for today is 1.79.

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

DFM:ASCANA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.69   Med: 1.79   Max: 1.87
Current: 1.79

During the past years, Arabian Scandinavian Insurance Co's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 1.69. And the median was 1.79.

DFM:ASCANA's Cyclically Adjusted PS Ratio is ranked worse than
75.8% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs DFM:ASCANA: 1.79

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.

Arabian Scandinavian Insurance Co's adjusted revenue per share data for the three months ended in Dec. 2023 was د.إ0.106. 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 د.إ0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arabian Scandinavian Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arabian Scandinavian Insurance Co'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.

Arabian Scandinavian Insurance Co Cyclically Adjusted PS Ratio Chart

Arabian Scandinavian Insurance Co 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 - - - - 1.72

Arabian Scandinavian Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 2.08 1.72

Competitive Comparison of Arabian Scandinavian Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Arabian Scandinavian Insurance Co'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.


Arabian Scandinavian Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Arabian Scandinavian Insurance Co's Cyclically Adjusted PS Ratio falls into.



Arabian Scandinavian Insurance Co 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.

Arabian Scandinavian Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.65/0.92
=1.79

* 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.

Arabian Scandinavian Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Arabian Scandinavian Insurance Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.106/129.4194*129.4194
=0.106

Current CPI (Dec. 2023) = 129.4194.

Arabian Scandinavian Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.109 99.695 0.141
201406 0.054 100.560 0.069
201409 0.164 100.428 0.211
201412 0.268 99.070 0.350
201503 0.132 99.621 0.171
201506 0.180 100.684 0.231
201509 0.140 100.392 0.180
201512 0.073 99.792 0.095
201603 0.222 100.470 0.286
201606 0.216 101.688 0.275
201609 0.230 101.861 0.292
201612 0.358 101.863 0.455
201703 0.250 102.862 0.315
201706 0.276 103.349 0.346
201709 0.321 104.136 0.399
201712 0.309 104.011 0.384
201803 0.326 105.290 0.401
201806 0.280 106.317 0.341
201809 0.289 106.507 0.351
201812 0.221 105.998 0.270
201903 0.231 107.251 0.279
201906 0.224 108.070 0.268
201909 0.235 108.329 0.281
201912 0.081 108.420 0.097
202003 0.213 108.902 0.253
202006 0.216 108.767 0.257
202009 0.190 109.815 0.224
202012 0.075 109.897 0.088
202103 0.150 111.754 0.174
202106 0.147 114.631 0.166
202109 0.141 115.734 0.158
202112 0.107 117.630 0.118
202203 0.171 121.301 0.182
202206 0.164 125.017 0.170
202209 0.182 125.227 0.188
202212 0.194 125.222 0.201
202303 0.154 127.348 0.157
202306 0.159 128.729 0.160
202309 0.141 129.860 0.141
202312 0.106 129.419 0.106

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.


Arabian Scandinavian Insurance Co  (DFM:ASCANA) 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.


Arabian Scandinavian Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Arabian Scandinavian Insurance Co (DFM:ASCANA) Business Description

Traded in Other Exchanges
N/A
Address
Al Kazim Building, Al Garhoud, 3rd Floor, P.O. Box 1993, Dubai, ARE
Arabian Scandinavian Insurance Co PLC is a provider of general insurance and reinsurance services. Its general insurance covers motor, medical, life, personal accident, property, travel protection, money, professional indemnity, and engineering. The company is organized into two business segments: general takaful management and investment. The majority of the revenue is derived from the provision of general takaful management services. The Company only operates in U.AE., through its Dubai and Abu Dhabi office.

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