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Saudi Enaya Cooperative Insurance Co (SAU:8311) Cyclically Adjusted PS Ratio : 0.92 (As of Apr. 30, 2024)


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What is Saudi Enaya Cooperative Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Saudi Enaya Cooperative Insurance Co's current share price is ﷼17.60. Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ﷼19.03. Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio for today is 0.92.

The historical rank and industry rank for Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SAU:8311' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.63   Max: 1.1
Current: 0.96

During the past years, Saudi Enaya Cooperative Insurance Co's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.52. And the median was 0.63.

SAU:8311's Cyclically Adjusted PS Ratio is ranked better than
51.11% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs SAU:8311: 0.96

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.

Saudi Enaya Cooperative Insurance Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ﷼2.903. 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 ﷼19.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Enaya Cooperative Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saudi Enaya Cooperative Insurance 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.

Saudi Enaya Cooperative Insurance Co Cyclically Adjusted PS Ratio Chart

Saudi Enaya Cooperative Insurance 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 - - - 0.50 0.80

Saudi Enaya Cooperative Insurance Co 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 0.50 0.52 0.58 0.66 0.80

Competitive Comparison of Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Saudi Enaya Cooperative Insurance 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.


Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio falls into.



Saudi Enaya Cooperative Insurance 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.

Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.60/19.03
=0.92

* 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.

Saudi Enaya Cooperative Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Saudi Enaya Cooperative Insurance Co'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)
=2.903/129.4194*129.4194
=2.903

Current CPI (Dec. 2023) = 129.4194.

Saudi Enaya Cooperative Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.917 99.695 1.190
201406 0.902 100.560 1.161
201409 0.919 100.428 1.184
201412 -0.143 99.070 -0.187
201503 0.486 99.621 0.631
201506 0.570 100.684 0.733
201509 -0.010 100.392 -0.013
201512 0.549 99.792 0.712
201603 1.952 100.470 2.514
201606 2.678 101.688 3.408
201609 2.499 101.861 3.175
201612 2.351 101.863 2.987
201703 4.844 102.862 6.095
201706 5.506 103.349 6.895
201709 8.387 104.136 10.423
201712 9.448 104.011 11.756
201803 14.251 105.290 17.517
201806 12.784 106.317 15.562
201809 12.317 106.507 14.967
201812 8.051 105.998 9.830
201903 2.480 107.251 2.993
201906 1.867 108.070 2.236
201909 3.033 108.329 3.623
201912 3.667 108.420 4.377
202003 4.603 108.902 5.470
202006 4.576 108.767 5.445
202009 4.357 109.815 5.135
202012 4.338 109.897 5.109
202103 3.897 111.754 4.513
202106 4.641 114.631 5.240
202109 4.775 115.734 5.340
202112 3.546 117.630 3.901
202203 3.792 121.301 4.046
202206 3.679 125.017 3.809
202209 4.211 125.227 4.352
202212 2.509 125.222 2.593
202303 2.547 127.348 2.588
202306 2.840 128.729 2.855
202309 3.277 129.860 3.266
202312 2.903 129.419 2.903

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.


Saudi Enaya Cooperative Insurance Co  (SAU:8311) 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.


Saudi Enaya Cooperative Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Saudi Enaya Cooperative Insurance Co (SAU:8311) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 7521, P.O. Box 3732, Al Fakhr, Al Khaldiya District, Jeddah, SAU, 23423
Saudi Enaya Cooperative Insurance Co operates in the insurance industry. It provides insurance contracts for providing health care services. All the insurance operations of the company are carried out in the Kingdom of Saudi Arabia.

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