Allstate (FRA:ALS) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ALS Allstate Corp FRA:ALS
66 GF Score
Price €216.70
GF Value €176.05
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Allstate Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Allstate  (FRA:ALS) 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.


Allstate Cyclically Adjusted PS Ratio Related Terms


Allstate Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Allstate'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.

Allstate Cyclically Adjusted PS Ratio Chart

Allstate 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 1.03 1.06 0.92 1.20 1.04

Allstate Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.02 1.07 1.04 1.03 1.16

FRA:ALS vs TRV, CINF, WRB: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Property & Casualty subindustry, Allstate'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.


Allstate Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


FRA:ALS
66GF Score
Allstate Corp FRA:ALS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Allstate 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.

Allstate's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Allstate's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=61.728/333.9520*333.9520
=61.728

Current CPI (Jun. 2026) = 333.9520.

Allstate Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.980 241.428 30.404
201612 23.098 241.432 31.949
201703 24.370 243.801 33.381
201706 24.166 244.955 32.946
201709 22.950 246.819 31.052
201712 23.490 246.524 31.821
201803 22.088 249.554 29.558
201806 23.904 251.989 31.679
201809 25.582 252.439 33.842
201812 24.302 251.233 32.303
201903 28.678 254.202 37.675
201906 29.438 256.143 38.380
201909 29.897 256.759 38.885
201912 31.755 256.974 41.267
202003 27.778 258.115 35.939
202006 29.800 257.797 38.603
202009 29.104 260.280 37.342
202012 29.892 260.474 38.324
202103 33.738 264.877 42.536
202106 34.612 271.696 42.543
202109 35.538 274.310 43.265
202112 39.388 278.802 47.179
202203 39.025 287.504 45.330
202206 41.879 296.311 47.199
202209 48.800 296.808 54.907
202212 50.636 296.797 56.975
202303 48.762 301.836 53.950
202306 48.911 305.109 53.535
202309 50.900 307.789 55.227
202312 52.116 306.746 56.738
202403 52.754 312.332 56.406
202406 54.647 314.175 58.087
202409 56.476 315.301 59.817
202412 57.588 315.605 60.936
202503 58.154 319.799 60.728
202506 54.777 322.561 56.711
202509 55.425 324.800 56.987
202512 56.298 324.054 58.018
202603 55.142 330.213 55.766
202606 61.728 333.952 61.728

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.

Is Allstate (FRA:ALS) Overvalued in 2026?

Based on GuruFocus' analysis, Allstate stock appears to be overvalued. The current stock price of €216.70 is trading 23.1% above its estimated GF Value™ of €176.05. GuruFocus considers Allstate to be Modestly Overvalued.

Key valuation signals for FRA:ALS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €176.05 vs. price of €216.70 (23.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Allstate Business Description

Address 3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest US property-casualty insurers in the US. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
66GF Score

Get the complete analysis for FRA:ALS

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

€216.70
Price
€176.05
GF Value