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Safety Insurance Group (Safety Insurance Group) Cyclically Adjusted PS Ratio : 1.12 (As of Jun. 19, 2024)


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What is Safety Insurance Group Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Safety Insurance Group's current share price is $75.62. Safety Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $67.57. Safety Insurance Group's Cyclically Adjusted PS Ratio for today is 1.12.

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

SAFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.34   Max: 1.88
Current: 1.12

During the past years, Safety Insurance Group's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 1.00. And the median was 1.34.

SAFT's Cyclically Adjusted PS Ratio is ranked worse than
54.43% of 406 companies
in the Insurance industry
Industry Median: 0.97 vs SAFT: 1.12

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.

Safety Insurance Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $18.140. 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 $67.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safety Insurance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Safety Insurance Group'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.

Safety Insurance Group Cyclically Adjusted PS Ratio Chart

Safety Insurance Group 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 1.67 1.37 1.39 1.31 1.15

Safety Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.14 1.09 1.03 1.15 1.22

Competitive Comparison of Safety Insurance Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Safety Insurance Group'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.


Safety Insurance Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Safety Insurance Group's Cyclically Adjusted PS Ratio falls into.



Safety Insurance Group 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.

Safety Insurance Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.62/67.57
=1.12

* 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.

Safety Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Safety Insurance Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.14/131.7762*131.7762
=18.140

Current CPI (Mar. 2024) = 131.7762.

Safety Insurance Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.145 100.560 18.536
201409 13.722 100.428 18.005
201412 11.719 99.070 15.588
201503 13.543 99.621 17.914
201506 14.702 100.684 19.242
201509 13.954 100.392 18.316
201512 11.829 99.792 15.620
201603 13.320 100.470 17.470
201606 14.763 101.688 19.131
201609 14.802 101.861 19.149
201612 12.151 101.863 15.719
201703 13.633 102.862 17.465
201706 15.117 103.349 19.275
201709 14.584 104.136 18.455
201712 12.411 104.011 15.724
201803 13.352 105.290 16.711
201806 15.045 106.317 18.648
201809 14.771 106.507 18.276
201812 11.656 105.998 14.491
201903 14.190 107.251 17.435
201906 15.387 108.070 18.762
201909 14.882 108.329 18.103
201912 12.641 108.420 15.364
202003 11.291 108.902 13.663
202006 13.860 108.767 16.792
202009 14.472 109.815 17.366
202012 15.439 109.897 18.513
202103 14.607 111.754 17.224
202106 15.425 114.631 17.732
202109 14.340 115.734 16.328
202112 13.866 117.630 15.534
202203 13.048 121.301 14.175
202206 12.082 125.017 12.735
202209 13.029 125.227 13.710
202212 15.207 125.222 16.003
202303 14.396 127.348 14.897
202306 15.551 128.729 15.919
202309 15.429 129.860 15.657
202312 17.577 129.419 17.897
202403 18.140 131.776 18.140

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.


Safety Insurance Group  (NAS:SAFT) 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.


Safety Insurance Group Cyclically Adjusted PS Ratio Related Terms

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


Safety Insurance Group (Safety Insurance Group) Business Description

Traded in Other Exchanges
Address
20 Custom House Street, Boston, MA, USA, 02110
Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.
Executives
Glenn Hiltpold officer: VP of Actuarial Services 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Brophy Charles Joseph Iii director 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Srb Corp 10 percent owner 695 ATLANTIC AVENUE, BOSTON MA 02111
Peter J Manning director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Christopher Thomas Whitford officer: VP, CFO and Secretary 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Stephen Albert Varga officer: VP - MIS 20 CUSTOM HOUSE STREET, BOSTON MA 02110
James Berry officer: VP - Insurance Operations C/O SAFETY INSURANCE, 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Farina John Daniel Jr. director 20 CUSTOM HOUSE ST, BOSTON MA 02110
Deborah E Gray director 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Frederic H Lindeberg director C/O SAFETY INSURANCE GROUP, INC., 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Ann Marie Mckeown officer: V.P Insurance Operations 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Moran Mary Coffey director DANVERS BANCORP, INC., ONE CONANT STREET, DANVERS MA 01923
David E Krupa officer: VP - Property Claims
David D Mckown director