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E-L Financial (E-L Financial) Cyclically Adjusted PS Ratio : 2.00 (As of May. 01, 2024)


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What is E-L Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-01), E-L Financial's current share price is $805.45. E-L Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $402.86. E-L Financial's Cyclically Adjusted PS Ratio for today is 2.00.

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

ELFIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.47   Max: 2.09
Current: 2.06

During the past years, E-L Financial's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.90. And the median was 1.47.

ELFIF's Cyclically Adjusted PS Ratio is ranked worse than
78.27% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs ELFIF: 2.06

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.

E-L Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was $350.501. 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 $402.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E-L Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for E-L Financial'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.

E-L Financial Cyclically Adjusted PS Ratio Chart

E-L Financial 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 1.55 1.46 1.74 1.87 1.97

E-L Financial 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 1.87 1.82 1.79 1.78 1.97

Competitive Comparison of E-L Financial's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where E-L Financial's Cyclically Adjusted PS Ratio falls into.



E-L Financial 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.

E-L Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=805.45/402.86
=2.00

* 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.

E-L Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, E-L Financial'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)
=350.501/125.4675*125.4675
=350.501

Current CPI (Dec. 2023) = 125.4675.

E-L Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 141.565 98.604 180.132
201406 113.992 99.473 143.780
201409 92.332 99.394 116.553
201412 141.406 98.367 180.364
201503 182.529 99.789 229.498
201506 6.307 100.500 7.874
201509 38.450 100.421 48.040
201512 114.133 99.947 143.275
201603 58.880 101.054 73.105
201606 117.908 102.002 145.033
201609 113.238 101.765 139.613
201612 10.904 101.449 13.486
201703 120.245 102.634 146.997
201706 101.112 103.029 123.133
201709 25.132 103.345 30.512
201712 163.103 103.345 198.018
201803 55.659 105.004 66.506
201806 81.419 105.557 96.777
201809 50.407 105.636 59.870
201812 -1.364 105.399 -1.624
201903 200.537 106.979 235.194
201906 110.365 107.690 128.584
201909 98.999 107.611 115.426
201912 94.521 107.769 110.044
202003 -135.649 107.927 -157.694
202006 293.326 108.401 339.506
202009 112.654 108.164 130.675
202012 218.029 108.559 251.987
202103 0.971 110.298 1.105
202106 184.511 111.720 207.216
202109 80.373 112.905 89.316
202112 191.199 113.774 210.850
202203 -222.941 117.646 -237.764
202206 -268.071 120.806 -278.415
202209 53.545 120.648 55.684
202212 188.762 120.964 195.790
202303 194.437 122.702 198.819
202306 124.024 124.203 125.286
202309 -77.820 125.230 -77.967
202312 350.501 125.468 350.501

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.


E-L Financial  (OTCPK:ELFIF) 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.


E-L Financial Cyclically Adjusted PS Ratio Related Terms

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


E-L Financial (E-L Financial) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.

E-L Financial (E-L Financial) Headlines

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