TGIC (Triad Guaranty) Cyclically Adjusted PS Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Triad Guaranty Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Triad Guaranty  (OTCPK:TGIC) 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.


Triad Guaranty Cyclically Adjusted PS Ratio Related Terms


Triad Guaranty Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Triad Guaranty'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.

Triad Guaranty Cyclically Adjusted PS Ratio Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.00 0.00 0.00 0.00 0.00

TGIC vs FACO, PPHI, ICCH: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Specialty subindustry, Triad Guaranty'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.


Triad Guaranty Cyclically Adjusted PS Ratio vs Insurance Industry

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

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



Triad Guaranty 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.

Triad Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2012 is calculated as:

For example, Triad Guaranty's adjusted Revenue per Share data for the three months ended in Sep. 2012 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=2.107/231.4070*231.4070
=2.107

Current CPI (Sep. 2012) = 231.4070.

Triad Guaranty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200212 2.234 180.900 2.858
200303 2.271 184.200 2.853
200306 2.294 183.700 2.890
200309 2.426 185.200 3.031
200312 2.646 184.300 3.322
200403 2.657 187.400 3.281
200406 2.634 189.700 3.213
200409 2.776 189.900 3.383
200412 2.920 190.300 3.551
200503 2.991 193.300 3.581
200506 3.166 194.500 3.767
200509 3.360 198.800 3.911
200512 3.450 196.800 4.057
200603 3.701 199.800 4.286
200606 3.888 202.900 4.434
200609 4.075 202.900 4.648
200612 4.371 201.800 5.012
200703 4.821 205.352 5.433
200706 4.919 208.352 5.463
200709 5.428 208.490 6.025
200712 5.571 210.036 6.138
200803 5.671 213.528 6.146
200806 5.057 218.815 5.348
200809 4.641 218.783 4.909
200812 2.761 210.228 3.039
200903 3.400 212.709 3.699
200906 5.170 215.693 5.547
200909 3.412 215.969 3.656
200912 3.848 215.949 4.123
201003 3.676 217.631 3.909
201006 5.420 217.965 5.754
201009 4.519 218.439 4.787
201012 3.201 219.179 3.380
201103 2.969 223.467 3.074
201106 3.051 225.722 3.128
201109 3.830 226.889 3.906
201112 3.748 225.672 3.843
201203 2.675 229.392 2.698
201206 3.005 229.478 3.030
201209 2.107 231.407 2.107

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.


Triad Guaranty Business Description

Address 101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.