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Central Insurance Co (DHA:CENTRALINS) Cyclically Adjusted PS Ratio : 4.69 (As of Dec. 14, 2024)


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What is Central Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Central Insurance Co's current share price is BDT41.90. Central Insurance Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was BDT8.94. Central Insurance Co's Cyclically Adjusted PS Ratio for today is 4.69.

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

DHA:CENTRALINS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.17   Med: 6.47   Max: 8.51
Current: 4.61

During the past 13 years, Central Insurance Co's highest Cyclically Adjusted PS Ratio was 8.51. The lowest was 4.17. And the median was 6.47.

DHA:CENTRALINS's Cyclically Adjusted PS Ratio is ranked worse than
91.21% of 387 companies
in the Insurance industry
Industry Median: 1.07 vs DHA:CENTRALINS: 4.61

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.

Central Insurance Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was BDT11.973. 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 BDT8.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central 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.

Central Insurance Co Cyclically Adjusted PS Ratio Chart

Central 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 - 8.49 7.56 4.35 4.14

Central Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 4.14 - - -

Competitive Comparison of Central Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Central 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.


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

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

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



Central 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.90/8.94
=4.69

* 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.

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

For example, Central Insurance Co'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)
=11.973/129.4194*129.4194
=11.973

Current CPI (Dec23) = 129.4194.

Central Insurance Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.364 99.070 8.314
201512 5.780 99.792 7.496
201612 6.483 101.863 8.237
201712 6.235 104.011 7.758
201812 6.955 105.998 8.492
201912 7.037 108.420 8.400
202012 6.541 109.897 7.703
202112 8.461 117.630 9.309
202212 11.307 125.222 11.686
202312 11.973 129.419 11.973

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.


Central Insurance Co  (DHA:CENTRALINS) 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.


Central Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Central Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7-8 Motijheel C/A, Central Insurance Bhaban, 3rd and 4th Floor, Dhaka, BGD, 1000
Central Insurance Co Ltd is engaged in the business of providing all kinds of non-life insurance products and services in Bangladesh. The company has four primary business segments for reporting purposes namely Fire, Marine, Motor, and Miscellaneous.

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