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The Travelers (STU:PA9) Cyclically Adjusted PS Ratio : 1.49 (As of May. 27, 2024)


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What is The Travelers Cyclically Adjusted PS Ratio?

As of today (2024-05-27), The Travelers's current share price is €196.20. The Travelers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €131.75. The Travelers's Cyclically Adjusted PS Ratio for today is 1.49.

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

STU:PA9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.63   Max: 2.02
Current: 1.48

During the past years, The Travelers's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.97. And the median was 1.63.

STU:PA9's Cyclically Adjusted PS Ratio is ranked worse than
67.59% of 395 companies
in the Insurance industry
Industry Median: 1.03 vs STU:PA9: 1.48

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 Travelers's adjusted revenue per share data for the three months ended in Mar. 2024 was €44.525. 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 €131.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Travelers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Travelers'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 Travelers Cyclically Adjusted PS Ratio Chart

The Travelers 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 1.51 1.43 1.40 1.49 1.37

The Travelers 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 1.32 1.30 1.19 1.37 1.60

Competitive Comparison of The Travelers's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, The Travelers'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 Travelers's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



The Travelers 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 Travelers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=196.20/131.75
=1.49

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

For example, The Travelers'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)
=44.525/131.7762*131.7762
=44.525

Current CPI (Mar. 2024) = 131.7762.

The Travelers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.404 100.560 18.875
201409 15.767 100.428 20.689
201412 16.674 99.070 22.179
201503 18.876 99.621 24.969
201506 18.801 100.684 24.607
201509 19.476 100.392 25.565
201512 20.266 99.792 26.761
201603 20.155 100.470 26.435
201606 20.568 101.688 26.654
201609 21.402 101.861 27.687
201612 24.078 101.863 31.149
201703 22.984 102.862 29.445
201706 22.835 103.349 29.116
201709 22.219 104.136 28.117
201712 22.845 104.011 28.943
201803 21.573 105.290 27.000
201806 23.609 106.317 29.263
201809 24.660 106.507 30.511
201812 25.772 105.998 32.040
201903 25.638 107.251 31.501
201906 26.292 108.070 32.060
201909 27.791 108.329 33.806
201912 28.018 108.420 34.054
202003 27.967 108.902 33.841
202006 26.121 108.767 31.647
202009 27.627 109.815 33.152
202012 27.079 109.897 32.470
202103 27.481 111.754 32.404
202106 28.488 114.631 32.749
202109 29.925 115.734 34.073
202112 32.418 117.630 36.317
202203 32.907 121.301 35.749
202206 35.847 125.017 37.785
202209 39.534 125.227 41.602
202212 38.540 125.222 40.557
202303 38.667 127.348 40.012
202306 40.577 128.729 41.538
202309 43.120 129.860 43.756
202312 43.356 129.419 44.146
202403 44.525 131.776 44.525

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 Travelers  (STU:PA9) 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 Travelers Cyclically Adjusted PS Ratio Related Terms

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


The Travelers (STU:PA9) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.

The Travelers (STU:PA9) Headlines

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