GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oxbridge Re Holdings Ltd (NAS:OXBR) » Definitions » Cyclically Adjusted PS Ratio

Oxbridge Re Holdings (Oxbridge Re Holdings) Cyclically Adjusted PS Ratio : 0.80 (As of May. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Oxbridge Re Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-05), Oxbridge Re Holdings's current share price is $1.18. Oxbridge Re Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.48. Oxbridge Re Holdings's Cyclically Adjusted PS Ratio for today is 0.80.

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

OXBR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.8   Max: 1.62
Current: 0.8

During the past years, Oxbridge Re Holdings's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.60. And the median was 0.80.

OXBR's Cyclically Adjusted PS Ratio is ranked better than
59.75% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs OXBR: 0.80

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.

Oxbridge Re Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $-0.325. 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 $1.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oxbridge Re Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oxbridge Re Holdings'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.

Oxbridge Re Holdings Cyclically Adjusted PS Ratio Chart

Oxbridge Re Holdings 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 - - - 0.74 0.74

Oxbridge Re Holdings 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 0.74 1.08 1.10 0.91 0.74

Competitive Comparison of Oxbridge Re Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Oxbridge Re Holdings'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.


Oxbridge Re Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Oxbridge Re Holdings's Cyclically Adjusted PS Ratio falls into.



Oxbridge Re Holdings 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.

Oxbridge Re Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.18/1.48
=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.

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

For example, Oxbridge Re Holdings'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)
=-0.325/129.4194*129.4194
=-0.325

Current CPI (Dec. 2023) = 129.4194.

Oxbridge Re Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.467 99.695 0.606
201406 0.150 100.560 0.193
201409 0.309 100.428 0.398
201412 0.359 99.070 0.469
201503 0.375 99.621 0.487
201506 0.341 100.684 0.438
201509 0.195 100.392 0.251
201512 0.143 99.792 0.185
201603 0.253 100.470 0.326
201606 0.583 101.688 0.742
201609 0.359 101.861 0.456
201612 1.990 101.863 2.528
201703 0.278 102.862 0.350
201706 0.456 103.349 0.571
201709 3.346 104.136 4.158
201712 0.038 104.011 0.047
201803 0.020 105.290 0.025
201806 0.126 106.317 0.153
201809 0.219 106.507 0.266
201812 0.298 105.998 0.364
201903 0.020 107.251 0.024
201906 0.019 108.070 0.023
201909 0.061 108.329 0.073
201912 0.070 108.420 0.084
202003 -0.004 108.902 -0.005
202006 0.084 108.767 0.100
202009 0.045 109.815 0.053
202012 0.087 109.897 0.102
202103 0.056 111.754 0.065
202106 0.140 114.631 0.158
202109 1.226 115.734 1.371
202112 0.361 117.630 0.397
202203 0.000 121.301 0.000
202206 0.087 125.017 0.090
202209 -0.120 125.227 -0.124
202212 0.180 125.222 0.186
202303 0.093 127.348 0.095
202306 0.118 128.729 0.119
202309 -1.087 129.860 -1.083
202312 -0.325 129.419 -0.325

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.


Oxbridge Re Holdings  (NAS:OXBR) 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.


Oxbridge Re Holdings Cyclically Adjusted PS Ratio Related Terms

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


Oxbridge Re Holdings (Oxbridge Re Holdings) Business Description

Traded in Other Exchanges
N/A
Address
42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006
Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. It derives most revenues from three principal sources premiums assumed from reinsurance on property and casualty business; income from investments and unrealized (loss)/ gain on other investments; and income under our Administrative Services Agreement.
Executives
Sanjay Madhu director, officer: CEO, President 425 EAST DAVIS BLVD., TAMPA FL 33606
Allan S. Martin 10 percent owner 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Arun Gowda director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot director 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy officer: Controller & Secretary P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel director, 10 percent owner 1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel director 12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud director 11767 BAYFIELD DRIVE, BOCA RATON FL 33498