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Kinsale Capital Group (FRA:KCH) Cyclically Adjusted PS Ratio : 19.79 (As of Jun. 09, 2024)


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What is Kinsale Capital Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Kinsale Capital Group's current share price is €360.00. Kinsale Capital Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €18.19. Kinsale Capital Group's Cyclically Adjusted PS Ratio for today is 19.79.

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

FRA:KCH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 17.69   Med: 19.67   Max: 25.93
Current: 19.11

During the past 11 years, Kinsale Capital Group's highest Cyclically Adjusted PS Ratio was 25.93. The lowest was 17.69. And the median was 19.67.

FRA:KCH's Cyclically Adjusted PS Ratio is ranked worse than
99.75% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs FRA:KCH: 19.11

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.

Kinsale Capital Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €48.175. 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 €18.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinsale Capital Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kinsale Capital Group'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.

Kinsale Capital Group Cyclically Adjusted PS Ratio Chart

Kinsale Capital Group 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 - - - 17.64 16.52

Kinsale Capital Group 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 - - - 16.52 -

Competitive Comparison of Kinsale Capital Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Kinsale Capital Group'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.


Kinsale Capital Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Kinsale Capital Group 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.

Kinsale Capital Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=360.00/18.19
=19.79

* 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.

Kinsale Capital Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kinsale Capital Group'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)
=48.175/129.4194*129.4194
=48.175

Current CPI (Dec23) = 129.4194.

Kinsale Capital Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.463 99.070 3.218
201512 3.528 99.792 4.575
201612 6.371 101.863 8.095
201712 7.341 104.011 9.134
201812 9.003 105.998 10.992
201912 12.843 108.420 15.330
202012 16.542 109.897 19.481
202112 25.077 117.630 27.590
202212 34.241 125.222 35.389
202312 48.175 129.419 48.175

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.


Kinsale Capital Group  (FRA:KCH) 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.


Kinsale Capital Group Cyclically Adjusted PS Ratio Related Terms

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


Kinsale Capital Group (FRA:KCH) Business Description

Traded in Other Exchanges
Address
2035 Maywill Street, Suite 100, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment that is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.

Kinsale Capital Group (FRA:KCH) Headlines

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