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Zurich Insurance Group AG (FRA:ZFI1) Cyclically Adjusted PS Ratio : 1.31 (As of Dec. 14, 2024)


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What is Zurich Insurance Group AG Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Zurich Insurance Group AG's current share price is €28.80. Zurich Insurance Group AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €21.96. Zurich Insurance Group AG's Cyclically Adjusted PS Ratio for today is 1.31.

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

FRA:ZFI1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.8   Max: 1.34
Current: 1.33

During the past 13 years, Zurich Insurance Group AG's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.47. And the median was 0.80.

FRA:ZFI1's Cyclically Adjusted PS Ratio is ranked worse than
62.02% of 387 companies
in the Insurance industry
Industry Median: 1.07 vs FRA:ZFI1: 1.33

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.

Zurich Insurance Group AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €21.918. 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 €21.96 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zurich Insurance Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zurich Insurance Group AG'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.

Zurich Insurance Group AG Cyclically Adjusted PS Ratio Chart

Zurich Insurance Group AG 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 0.94 0.91 0.94 1.07 1.06

Zurich Insurance Group AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 1.07 - 1.06 -

Competitive Comparison of Zurich Insurance Group AG's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Zurich Insurance Group AG's Cyclically Adjusted PS Ratio falls into.



Zurich Insurance Group AG 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.

Zurich Insurance Group AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.80/21.96
=1.31

* 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.

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

For example, Zurich Insurance Group AG'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)
=21.918/106.4612*106.4612
=21.918

Current CPI (Dec23) = 106.4612.

Zurich Insurance Group AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 19.774 100.704 20.905
201512 18.615 99.386 19.940
201612 21.236 99.380 22.749
201712 17.923 100.213 19.040
201812 13.861 100.906 14.624
201912 21.587 101.063 22.740
202012 16.149 100.241 17.151
202112 20.504 101.776 21.448
202212 11.669 104.666 11.869
202312 21.918 106.461 21.918

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.


Zurich Insurance Group AG  (FRA:ZFI1) 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.


Zurich Insurance Group AG Cyclically Adjusted PS Ratio Related Terms

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


Zurich Insurance Group AG Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. The company was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European insurers.

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