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Allianz SE (LTS:0M6S) Cyclically Adjusted PS Ratio : 0.93 (As of May. 15, 2024)


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What is Allianz SE Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Allianz SE's current share price is €265.70. Allianz SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €285.33. Allianz SE's Cyclically Adjusted PS Ratio for today is 0.93.

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

LTS:0M6S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.02
Current: 0.93

During the past years, Allianz SE's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.40. And the median was 0.77.

LTS:0M6S's Cyclically Adjusted PS Ratio is ranked better than
53.83% of 405 companies
in the Insurance industry
Industry Median: 1.01 vs LTS:0M6S: 0.93

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.

Allianz SE's adjusted revenue per share data for the three months ended in Dec. 2023 was €39.804. 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 €285.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Cyclically Adjusted PS Ratio Chart

Allianz SE 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 0.96 0.88 0.79 0.72 0.85

Allianz SE 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 0.72 0.75 0.74 0.78 0.85

Competitive Comparison of Allianz SE's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Allianz SE's Cyclically Adjusted PS Ratio falls into.



Allianz SE 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.

Allianz SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=265.70/285.33
=0.93

* 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.

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

For example, Allianz SE'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)
=39.804/123.6675*123.6675
=39.804

Current CPI (Dec. 2023) = 123.6675.

Allianz SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 53.515 99.543 66.485
201406 56.309 99.543 69.956
201409 55.825 99.823 69.160
201412 56.706 99.543 70.449
201503 65.017 99.717 80.633
201506 57.823 100.417 71.212
201509 53.458 100.417 65.836
201512 60.339 99.717 74.832
201603 59.089 100.017 73.062
201606 55.242 100.717 67.830
201609 60.955 101.017 74.623
201612 33.600 101.217 41.053
201703 59.411 101.417 72.446
201706 59.316 102.117 71.834
201709 63.612 102.717 76.586
201712 29.397 102.617 35.427
201803 60.447 102.917 72.634
201806 62.076 104.017 73.803
201809 72.462 104.718 85.575
201812 9.037 104.217 10.724
201903 65.771 104.217 78.046
201906 65.274 105.718 76.357
201909 66.151 106.018 77.164
201912 14.645 105.818 17.115
202003 57.516 105.718 67.282
202006 68.556 106.618 79.519
202009 67.159 105.818 78.488
202012 76.872 105.518 90.095
202103 71.157 107.518 81.845
202106 66.956 108.486 76.326
202109 70.401 109.435 79.557
202112 220.850 110.384 247.428
202203 51.754 113.968 56.159
202206 29.958 115.760 32.004
202209 64.207 118.818 66.828
202212 80.662 119.345 83.584
202303 59.934 122.402 60.553
202306 78.184 123.140 78.519
202309 63.914 124.195 63.643
202312 39.804 123.668 39.804

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.


Allianz SE  (LTS:0M6S) 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.


Allianz SE Cyclically Adjusted PS Ratio Related Terms

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


Allianz SE (LTS:0M6S) Business Description

Industry
Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

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