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Central Reinsurance (TPE:2851) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 02, 2025)


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What is Central Reinsurance Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Central Reinsurance's current share price is NT$24.60. Central Reinsurance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$32.47. Central Reinsurance's Cyclically Adjusted PS Ratio for today is 0.76.

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

TPE:2851' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.77   Max: 1.19
Current: 0.77

During the past years, Central Reinsurance's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.54. And the median was 0.77.

TPE:2851's Cyclically Adjusted PS Ratio is ranked better than
65.46% of 388 companies
in the Insurance industry
Industry Median: 1.12 vs TPE:2851: 0.77

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.

Central Reinsurance's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$7.212. 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 NT$32.47 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Reinsurance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central Reinsurance'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.

Central Reinsurance Cyclically Adjusted PS Ratio Chart

Central Reinsurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.99 0.54 0.72 0.80

Central Reinsurance Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.76 0.80 0.80 0.80 0.84

Competitive Comparison of Central Reinsurance's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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


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Central Reinsurance 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.

Central Reinsurance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.60/32.47
=0.76

* 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.

Central Reinsurance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Central Reinsurance's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.212/134.9266*134.9266
=7.212

Current CPI (Mar. 2025) = 134.9266.

Central Reinsurance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.693 100.684 7.629
201509 5.688 100.392 7.645
201512 5.459 99.792 7.381
201603 5.219 100.470 7.009
201606 5.525 101.688 7.331
201609 5.794 101.861 7.675
201612 5.374 101.863 7.118
201703 5.774 102.862 7.574
201706 5.701 103.349 7.443
201709 6.563 104.136 8.504
201712 5.695 104.011 7.388
201803 6.376 105.290 8.171
201806 6.243 106.317 7.923
201809 5.958 106.507 7.548
201812 5.888 105.998 7.495
201903 6.853 107.251 8.621
201906 6.677 108.070 8.336
201909 6.652 108.329 8.285
201912 6.295 108.420 7.834
202003 7.129 108.902 8.833
202006 7.324 108.767 9.085
202009 7.428 109.815 9.127
202012 7.197 109.897 8.836
202103 8.892 111.754 10.736
202106 8.676 114.631 10.212
202109 8.110 115.734 9.455
202112 7.935 117.630 9.102
202203 9.352 121.301 10.402
202206 10.363 125.017 11.184
202209 8.698 125.227 9.372
202212 5.965 125.222 6.427
202303 6.759 127.348 7.161
202306 6.917 128.729 7.250
202309 7.125 129.860 7.403
202312 6.644 129.419 6.927
202403 7.983 131.776 8.174
202406 7.336 132.554 7.467
202409 6.390 133.029 6.481
202412 6.896 133.157 6.988
202503 7.212 134.927 7.212

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.


Central Reinsurance  (TPE:2851) 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.


Central Reinsurance Cyclically Adjusted PS Ratio Related Terms

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


Central Reinsurance Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.

Central Reinsurance Headlines

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