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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Cyclically Adjusted PS Ratio : 0.63 (As of Jun. 23, 2024)


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What is The Mediterranean and Gulf Insurance and Reinsurance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), The Mediterranean and Gulf Insurance and Reinsurance Co's current share price is ﷼27.90. The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ﷼44.47. The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio for today is 0.63.

The historical rank and industry rank for The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SAU:8030' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.3   Max: 0.76
Current: 0.63

During the past years, The Mediterranean and Gulf Insurance and Reinsurance Co's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.16. And the median was 0.30.

SAU:8030's Cyclically Adjusted PS Ratio is ranked better than
67.41% of 405 companies
in the Insurance industry
Industry Median: 0.96 vs SAU:8030: 0.63

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.

The Mediterranean and Gulf Insurance and Reinsurance Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ﷼7.422. 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 ﷼44.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mediterranean and Gulf Insurance and Reinsurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co'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.

The Mediterranean and Gulf Insurance and Reinsurance Co Cyclically Adjusted PS Ratio Chart

The Mediterranean and Gulf Insurance and Reinsurance Co 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 - - 0.36 0.18 0.32

The Mediterranean and Gulf Insurance and Reinsurance Co 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 0.17 0.20 0.29 0.32 0.55

Competitive Comparison of The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, The Mediterranean and Gulf Insurance and Reinsurance Co'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.


The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio falls into.



The Mediterranean and Gulf Insurance and Reinsurance Co 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.

The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.90/44.47
=0.63

* 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.

The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Mediterranean and Gulf Insurance and Reinsurance Co'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)
=7.422/131.7762*131.7762
=7.422

Current CPI (Mar. 2024) = 131.7762.

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.985 100.560 20.947
201409 14.301 100.428 18.765
201412 15.405 99.070 20.491
201503 16.343 99.621 21.618
201506 16.899 100.684 22.118
201509 17.388 100.392 22.824
201512 17.318 99.792 22.868
201603 15.908 100.470 20.865
201606 14.515 101.688 18.810
201609 13.812 101.861 17.868
201612 14.243 101.863 18.426
201703 12.118 102.862 15.524
201706 11.307 103.349 14.417
201709 10.860 104.136 13.743
201712 6.889 104.011 8.728
201803 6.029 105.290 7.546
201806 5.333 106.317 6.610
201809 9.274 106.507 11.474
201812 5.523 105.998 6.866
201903 6.450 107.251 7.925
201906 6.768 108.070 8.253
201909 6.542 108.329 7.958
201912 5.695 108.420 6.922
202003 5.317 108.902 6.434
202006 5.168 108.767 6.261
202009 4.731 109.815 5.677
202012 4.182 109.897 5.015
202103 4.593 111.754 5.416
202106 4.565 114.631 5.248
202109 3.232 115.734 3.680
202112 4.173 117.630 4.675
202203 6.867 121.301 7.460
202206 5.123 125.017 5.400
202209 4.714 125.227 4.961
202212 5.493 125.222 5.781
202303 6.190 127.348 6.405
202306 7.101 128.729 7.269
202309 6.170 129.860 6.261
202312 9.574 129.419 9.748
202403 7.422 131.776 7.422

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.


The Mediterranean and Gulf Insurance and Reinsurance Co  (SAU:8030) 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.


The Mediterranean and Gulf Insurance and Reinsurance Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of The Mediterranean and Gulf Insurance and Reinsurance Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451
The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Headlines

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