Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) Cyclically Adjusted PS Ratio: 1.04 (As of Jul. 24, 2026) — 55% Above Median

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LTS:0KFE Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE
66 GF Score
Price €505.30
GF Value €562.25
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio?

Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE +0.48% 66 Cyclically Adjusted PS Ratio is 1.04 as of Jul. 24, 2026, which is 55% above its 10-year median of 0.67. GuruFocus rates LTS:0KFE with a GF Score™ of 66/100 and a GF Value™ of €562.25 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 411 Insurance companies, Munchener Ruckversicherungs-Gesellschaft AG ranks better than 56.69% on this metric.

As of today (2026-07-24), Munchener Ruckversicherungs-Gesellschaft AG's current share price is €505.30. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €484.89. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio for today is 1.04.

The historical rank and industry rank for Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0KFE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.67   Max: 1.29
Current: 1.04

During the past years, Munchener Ruckversicherungs-Gesellschaft AG's highest Cyclically Adjusted PS Ratio was 1.29. The lowest was 0.43. And the median was 0.67.

LTS:0KFE's Cyclically Adjusted PS Ratio is ranked better than
56.69% of 411 companies
in the Insurance industry
Industry Median: 1.21 vs LTS:0KFE: 1.04

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.

Munchener Ruckversicherungs-Gesellschaft AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €127.552. 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 €484.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munchener Ruckversicherungs-Gesellschaft AG  (LTS:0KFE) 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.


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Related Terms


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Munchener Ruckversicherungs-Gesellschaft 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.

Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.71 0.84 1.05 1.18

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.24 1.17 1.14 1.18 1.11

LTS:0KFE vs RGA, EG, RNR: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft 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.


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio falls into.


LTS:0KFE
66GF Score
Munchener Ruckversicherungs-Gesellschaft AG LTS:0KFE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Munchener Ruckversicherungs-Gesellschaft 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.

Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=505.30/484.89
=1.04

* 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.

Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Munchener Ruckversicherungs-Gesellschaft AG's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=127.552/131.2583*131.2583
=127.552

Current CPI (Mar. 2026) = 131.2583.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 91.766 100.717 119.593
201609 86.251 101.017 112.072
201612 92.605 101.217 120.090
201703 90.666 101.417 117.344
201706 88.861 102.117 114.219
201709 87.229 102.717 111.467
201712 96.279 102.617 123.151
201803 84.590 102.917 107.884
201806 86.240 104.017 108.825
201809 88.721 104.718 111.207
201812 92.099 104.217 115.996
201903 95.363 104.217 120.106
201906 97.470 105.718 121.018
201909 100.241 106.018 124.106
201912 112.999 105.818 140.166
202003 93.274 105.718 115.808
202006 106.996 106.618 131.724
202009 102.703 105.818 127.395
202012 115.190 105.518 143.290
202103 104.137 107.518 127.131
202106 113.734 108.486 137.608
202109 112.859 109.435 135.365
202112 132.606 110.384 157.683
202203 96.176 113.968 110.767
202206 102.922 115.760 116.701
202209 117.719 118.818 130.044
202212 77.302 119.345 85.019
202303 113.520 122.402 121.733
202306 110.913 123.140 118.225
202309 120.636 124.195 127.497
202312 88.383 123.773 93.728
202403 128.368 125.038 134.754
202406 119.420 125.882 124.521
202409 126.426 126.198 131.496
202412 109.101 127.041 112.723
202503 125.100 127.779 128.506
202506 122.770 128.412 125.491
202509 127.333 129.255 129.306
202512 104.074 129.361 105.601
202603 127.552 131.258 127.552

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.

What does a Cyclically Adjusted PS Ratio of 1.04 mean?
Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) has a Cyclically Adjusted PS Ratio of 1.04 as of Jul. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. This is 55% above median its historical median of 0.67. Over the past decade, Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.29. According to the industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #178 out of 411 companies in the Insurance industry, placing it in the top 43.3%.
Is Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Cyclically Adjusted PS Ratio of 1.04 is 55% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.29. The Insurance industry median Cyclically Adjusted PS Ratio is 1.21. Munchener Ruckversicherungs-Gesellschaft AG's value of 1.04 is 14% below this industry median. Based on the distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #178 out of 411 companies in the Insurance industry, which is above the industry midpoint. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio compare to RGA and EG?
According to the Insurance industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #178 out of 411 companies for Cyclically Adjusted PS Ratio. This puts Munchener Ruckversicherungs-Gesellschaft AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.21. Munchener Ruckversicherungs-Gesellschaft AG's value of 1.04 is 14% below this benchmark. Historically, Munchener Ruckversicherungs-Gesellschaft AG's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.29 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.21, Munchener Ruckversicherungs-Gesellschaft AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.21, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Munchener Ruckversicherungs-Gesellschaft AG's current Cyclically Adjusted PS Ratio of 1.04 is 14% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munchener Ruckversicherungs-Gesellschaft AG's current Cyclically Adjusted PS Ratio is 1.04, which is 55% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) is currently considered Modestly Undervalued. The stock's GF Value™ is €562.25, compared to a current price of €505.30 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.04, which is 55% above median its 10-year median of 0.67 and 14% below the Insurance industry median of 1.21. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE), the current Cyclically Adjusted PS Ratio is 1.04 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) Overvalued in 2026?

Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued. The current stock price of €505.30 is trading 10.1% below its estimated GF Value™ of €562.25. GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.

Key valuation signals for LTS:0KFE:

  • Cyclically Adjusted PS Ratio: 1.04 (55% above median its 10-year median of 0.67)
  • GF Value™: €562.25 vs. price of €505.30 (10.1% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 14% below the Insurance median (#178 of 411)

No single metric tells the full story. See the LTS:0KFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
66GF Score

Get the complete analysis for LTS:0KFE

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€505.30
Price
€562.25
GF Value