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Investors Title Co (Investors Title Co) Cyclically Adjusted PS Ratio : 1.36 (As of Apr. 30, 2024)


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What is Investors Title Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Investors Title Co's current share price is $161.95. Investors Title Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $119.34. Investors Title Co's Cyclically Adjusted PS Ratio for today is 1.36.

The historical rank and industry rank for Investors Title Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ITIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.93   Max: 3.73
Current: 1.36

During the past years, Investors Title Co's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 1.11. And the median was 1.93.

ITIC's Cyclically Adjusted PS Ratio is ranked worse than
62.72% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs ITIC: 1.36

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.

Investors Title Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $28.404. 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 $119.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investors Title Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investors Title Co'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.

Investors Title Co Cyclically Adjusted PS Ratio Chart

Investors Title Co 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 2.29 1.93 2.02 1.32 1.36

Investors Title Co 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 1.32 1.32 1.25 1.24 1.36

Competitive Comparison of Investors Title Co's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Investors Title Co'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.


Investors Title Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Investors Title Co's Cyclically Adjusted PS Ratio falls into.



Investors Title Co 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.

Investors Title Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=161.95/119.34
=1.36

* 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.

Investors Title Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Investors Title Co'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)
=28.404/129.4194*129.4194
=28.404

Current CPI (Dec. 2023) = 129.4194.

Investors Title Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.921 99.695 18.072
201406 16.293 100.560 20.969
201409 14.515 100.428 18.705
201412 15.701 99.070 20.511
201503 14.018 99.621 18.211
201506 17.662 100.684 22.703
201509 17.516 100.392 22.581
201512 14.740 99.792 19.116
201603 12.809 100.470 16.500
201606 17.537 101.688 22.320
201609 21.626 101.861 27.477
201612 20.484 101.863 26.025
201703 19.944 102.862 25.093
201706 21.152 103.349 26.488
201709 22.751 104.136 28.275
201712 21.400 104.011 26.628
201803 17.805 105.290 21.885
201806 22.106 106.317 26.910
201809 25.441 106.507 30.914
201812 16.993 105.998 20.748
201903 21.069 107.251 25.424
201906 22.539 108.070 26.992
201909 25.298 108.329 30.223
201912 27.892 108.420 33.294
202003 15.821 108.902 18.802
202006 32.585 108.767 38.772
202009 35.690 109.815 42.061
202012 40.678 109.897 47.904
202103 37.996 111.754 44.002
202106 44.740 114.631 50.512
202109 42.851 115.734 47.918
202112 47.842 117.630 52.637
202203 36.257 121.301 38.684
202206 37.336 125.017 38.651
202209 41.116 125.227 42.493
202212 34.507 125.222 35.664
202303 27.065 127.348 27.505
202306 30.756 128.729 30.921
202309 32.475 129.860 32.365
202312 28.404 129.419 28.404

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.


Investors Title Co  (NAS:ITIC) 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.


Investors Title Co Cyclically Adjusted PS Ratio Related Terms

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


Investors Title Co (Investors Title Co) Business Description

Traded in Other Exchanges
N/A
Address
121 North Columbia Street, Chapel Hill, NC, USA, 27514
Investors Title Co along with its subsidiaries is engaged in the issuance of residential and commercial title insurance through ITIC and NITIC. It also provides tax-deferred real property exchange services, investment management, and trust services, and management services to title insurance agencies. The company generates its revenue from interest and dividends.
Executives
James E Scott director 121 NORTH COLUMBIA STREET, CHAPEL HILL NC 27514
Parker, Jr. Elton C. director 121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Tammy Coley director 121 N COLUMBIA STREET, P O DRAWER 2687, CHAPEL HILL NC 27514
Fine James A Jr director, officer: President, Treasurer
Markel Gayner Asset Management Corp 10 percent owner 4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Timothy B Murphy officer: Chief Executive Officer 230 BROADWAY, LYNNFIELD MA 01940
Markel Corp 10 percent owner 4521 HIGHWOODS PKWY, GLEN ALLEN VA 23060
Markel American Insurance Co 10 percent owner 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Essex Insurance Co 10 percent owner
Evanston Insurance Co 10 percent owner
R Horace Johnson director 3317 LANDOR ROAD, RALEIGH NC 27609
Speed James H. Jr. director 11032 BRASS KETTLE ROAD, RALEIGH NC 27614
Hutson Richard M Ii director PO BOX 2687, CHAPEL HILL NC 27515
W Morris Fine director, officer: Executive Vice President
J Allen Fine director, 10 percent owner, officer: Chief Executive Officer 121 NORTH COLUMBIA ST, INVESTORS TITLE CO, CHAPEL HILL NC 97514

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