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Great-West Lifeco (Great-West Lifeco) Cyclically Adjusted PS Ratio : 0.80 (As of Apr. 30, 2024)


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What is Great-West Lifeco Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Great-West Lifeco's current share price is $29.62. Great-West Lifeco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $37.02. Great-West Lifeco's Cyclically Adjusted PS Ratio for today is 0.80.

The historical rank and industry rank for Great-West Lifeco's Cyclically Adjusted PS Ratio or its related term are showing as below:

GWLIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.86   Max: 1.08
Current: 0.83

During the past years, Great-West Lifeco's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.48. And the median was 0.86.

GWLIF's Cyclically Adjusted PS Ratio is ranked better than
56.79% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs GWLIF: 0.83

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.

Great-West Lifeco's adjusted revenue per share data for the three months ended in Dec. 2023 was $14.098. 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 $37.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Great-West Lifeco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Cyclically Adjusted PS Ratio Chart

Great-West Lifeco 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 0.81 0.69 0.77 0.65 0.89

Great-West Lifeco 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 0.65 0.74 0.79 0.81 0.89

Competitive Comparison of Great-West Lifeco's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Great-West Lifeco's Cyclically Adjusted PS Ratio falls into.



Great-West Lifeco 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.

Great-West Lifeco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.62/37.02
=0.80

* 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.

Great-West Lifeco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Great-West Lifeco'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)
=14.098/125.4675*125.4675
=14.098

Current CPI (Dec. 2023) = 125.4675.

Great-West Lifeco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.942 98.604 11.378
201406 9.298 99.473 11.728
201409 7.674 99.394 9.687
201412 9.308 98.367 11.872
201503 10.057 99.789 12.645
201506 3.416 100.500 4.265
201509 6.499 100.421 8.120
201512 6.097 99.947 7.654
201603 9.386 101.054 11.654
201606 9.984 102.002 12.281
201609 10.343 101.765 12.752
201612 5.930 101.449 7.334
201703 9.740 102.634 11.907
201706 8.404 103.029 10.234
201709 8.400 103.345 10.198
201712 10.215 103.345 12.402
201803 7.573 105.004 9.049
201806 8.168 105.557 9.709
201809 9.326 105.636 11.077
201812 8.818 105.399 10.497
201903 12.783 106.979 14.992
201906 2.198 107.690 2.561
201909 11.683 107.611 13.622
201912 8.734 107.769 10.168
202003 7.930 107.927 9.219
202006 15.678 108.401 18.146
202009 11.195 108.164 12.986
202012 14.190 108.559 16.400
202103 9.351 110.298 10.637
202106 15.810 111.720 17.756
202109 14.751 112.905 16.392
202112 15.182 113.774 16.742
202203 0.530 117.646 0.565
202206 -4.413 120.806 -4.583
202209 -2.228 120.648 -2.317
202212 0.367 120.964 0.381
202303 6.591 122.702 6.740
202306 0.682 124.203 0.689
202309 0.194 125.230 0.194
202312 14.098 125.468 14.098

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.


Great-West Lifeco  (OTCPK:GWLIF) 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.


Great-West Lifeco Cyclically Adjusted PS Ratio Related Terms

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


Great-West Lifeco (Great-West Lifeco) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.