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Power of Canada (Power of Canada) Cyclically Adjusted PS Ratio : 0.36 (As of Apr. 30, 2024)


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What is Power of Canada Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Power of Canada's current share price is $26.66. Power of Canada's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $73.14. Power of Canada's Cyclically Adjusted PS Ratio for today is 0.36.

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

PWCDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.36   Max: 0.45
Current: 0.38

During the past years, Power of Canada's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.20. And the median was 0.36.

PWCDF's Cyclically Adjusted PS Ratio is ranked better than
82.22% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs PWCDF: 0.38

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.

Power of Canada's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.114. 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 $73.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power of Canada Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Power of Canada'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.

Power of Canada Cyclically Adjusted PS Ratio Chart

Power of Canada 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 0.35 0.30 0.40 0.33 0.39

Power of Canada 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 0.33 0.35 0.36 0.35 0.39

Competitive Comparison of Power of Canada's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Power of Canada's Cyclically Adjusted PS Ratio falls into.



Power of Canada 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.

Power of Canada's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.66/73.14
=0.36

* 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.

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

For example, Power of Canada'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)
=2.114/125.4675*125.4675
=2.114

Current CPI (Dec. 2023) = 125.4675.

Power of Canada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 20.958 98.604 26.668
201406 21.825 99.473 27.528
201409 18.313 99.394 23.117
201412 21.735 98.367 27.723
201503 23.284 99.789 29.276
201506 9.414 100.500 11.753
201509 15.977 100.421 19.962
201512 14.728 99.947 18.489
201603 21.635 101.054 26.862
201606 23.183 102.002 28.516
201609 23.850 101.765 29.405
201612 14.668 101.449 18.141
201703 22.169 102.634 27.101
201706 19.583 103.029 23.848
201709 19.955 103.345 24.227
201712 23.580 103.345 28.628
201803 18.013 105.004 21.523
201806 18.981 105.557 22.561
201809 21.330 105.636 25.334
201812 20.221 105.399 24.071
201903 28.649 106.979 33.600
201906 6.640 107.690 7.736
201909 27.354 107.611 31.893
201912 20.853 107.769 24.278
202003 14.486 107.927 16.840
202006 22.510 108.401 26.054
202009 16.409 108.164 19.034
202012 20.704 108.559 23.929
202103 14.289 110.298 16.254
202106 23.203 111.720 26.058
202109 21.461 112.905 23.849
202112 22.288 113.774 24.579
202203 -5.048 117.646 -5.384
202206 -13.332 120.806 -13.846
202209 -0.378 120.648 -0.393
202212 -9.840 120.964 -10.206
202303 16.250 122.702 16.616
202306 5.797 124.203 5.856
202309 2.313 125.230 2.317
202312 2.114 125.468 2.114

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.


Power of Canada  (OTCPK:PWCDF) 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.


Power of Canada Cyclically Adjusted PS Ratio Related Terms

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


Power of Canada (Power of Canada) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).