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American Financial Group (FRA:QFI) Cyclically Adjusted PS Ratio : 1.50 (As of May. 15, 2024)


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What is American Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-05-15), American Financial Group's current share price is €121.00. American Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €80.50. American Financial Group's Cyclically Adjusted PS Ratio for today is 1.50.

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

FRA:QFI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.49   Max: 1.99
Current: 1.5

During the past years, American Financial Group's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 0.77. And the median was 1.49.

FRA:QFI's Cyclically Adjusted PS Ratio is ranked worse than
67.16% of 405 companies
in the Insurance industry
Industry Median: 1.01 vs FRA:QFI: 1.50

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.

American Financial Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €20.651. 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 €80.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Financial 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.

American Financial Group Cyclically Adjusted PS Ratio Chart

American Financial 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 1.64 1.27 1.81 1.67 1.37

American Financial 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 1.45 1.39 1.29 1.37 1.57

Competitive Comparison of American Financial Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, American Financial 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.


American Financial Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



American Financial 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.

American Financial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=121.00/80.5
=1.50

* 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.

American Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Financial Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.651/129.4194*129.4194
=20.651

Current CPI (Mar. 2024) = 129.4194.

American Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.185 100.560 14.395
201409 13.497 100.428 17.393
201412 13.989 99.070 18.274
201503 13.405 99.621 17.415
201506 15.361 100.684 19.745
201509 16.832 100.392 21.699
201512 16.614 99.792 21.546
201603 14.967 100.470 19.280
201606 15.917 101.688 20.258
201609 17.166 101.861 21.810
201612 18.544 101.863 23.561
201703 16.501 102.862 20.761
201706 16.313 103.349 20.428
201709 17.106 104.136 21.259
201712 16.956 104.011 21.098
201803 14.524 105.290 17.853
201806 17.299 106.317 21.058
201809 18.973 106.507 23.055
201812 14.834 105.998 18.112
201903 19.749 107.251 23.831
201906 19.062 108.070 22.828
201909 21.160 108.329 25.280
201912 0.089 108.420 0.106
202003 10.573 108.902 12.565
202006 14.317 108.767 17.035
202009 14.927 109.815 17.592
202012 15.232 109.897 17.938
202103 13.880 111.754 16.074
202106 14.157 114.631 15.983
202109 16.771 115.734 18.754
202112 17.273 117.630 19.004
202203 15.506 121.301 16.544
202206 16.225 125.017 16.796
202209 23.027 125.227 23.798
202212 21.115 125.222 21.823
202303 18.407 127.348 18.706
202306 19.630 128.729 19.735
202309 23.751 129.860 23.671
202312 22.799 129.419 22.799
202403 20.651 129.419 20.651

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.


American Financial Group  (FRA:QFI) 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.


American Financial Group Cyclically Adjusted PS Ratio Related Terms

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


American Financial Group (FRA:QFI) Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

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