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Sagen MI Canada (Sagen MI Canada) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Sagen MI Canada Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sagen MI Canada Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sagen MI Canada'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.

Sagen MI Canada Cyclically Adjusted PS Ratio Chart

Sagen MI Canada 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 5.35 4.45 - - -

Sagen MI Canada 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 - - - - -

Competitive Comparison of Sagen MI Canada's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Sagen MI Canada'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.


Sagen MI Canada's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Sagen MI Canada 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.

Sagen MI Canada's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sagen MI Canada'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)
=0.261/125.4675*125.4675
=0.261

Current CPI (Dec. 2023) = 125.4675.

Sagen MI Canada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.799 98.604 2.289
201406 1.840 99.473 2.321
201409 1.819 99.394 2.296
201412 1.740 98.367 2.219
201503 1.690 99.789 2.125
201506 1.771 100.500 2.211
201509 1.523 100.421 1.903
201512 1.570 99.947 1.971
201603 1.569 101.054 1.948
201606 1.610 102.002 1.980
201609 1.773 101.765 2.186
201612 2.095 101.449 2.591
201703 1.707 102.634 2.087
201706 1.993 103.029 2.427
201709 2.236 103.345 2.715
201712 2.017 103.345 2.449
201803 1.969 105.004 2.353
201806 1.866 105.557 2.218
201809 1.989 105.636 2.362
201812 1.502 105.399 1.788
201903 1.664 106.979 1.952
201906 1.854 107.690 2.160
201909 1.952 107.611 2.276
201912 1.943 107.769 2.262
202003 1.619 107.927 1.882
202006 1.836 108.401 2.125
202009 1.990 108.164 2.308
202012 2.061 108.559 2.382
202103 2.081 110.298 2.367
202106 2.242 111.720 2.518
202109 2.289 112.905 2.544
202112 2.360 113.774 2.603
202203 1.718 117.646 1.832
202206 2.015 120.806 2.093
202209 1.968 120.648 2.047
202212 -0.828 120.964 -0.859
202303 1.678 122.702 1.716
202306 1.897 124.203 1.916
202309 2.364 125.230 2.368
202312 0.261 125.468 0.261

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.


Sagen MI Canada  (OTCPK:GMICF) 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.


Sagen MI Canada Cyclically Adjusted PS Ratio Related Terms

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Sagen MI Canada (Sagen MI Canada) Business Description

Traded in Other Exchanges
Address
2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7
Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

Sagen MI Canada (Sagen MI Canada) Headlines

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