GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (TSE:8685) » Definitions » Cyclically Adjusted PS Ratio

American International Group (TSE:8685) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


View and export this data going back to 1987. Start your Free Trial

What is American International Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


American International Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American International Group'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.

American International Group Cyclically Adjusted PS Ratio Chart

American International Group 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 0.46 0.74 1.01 1.03 1.06

American International Group 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 0.81 0.91 0.94 1.06 1.20

Competitive Comparison of American International Group's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, American International Group'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.


American International Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



American International Group 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.

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

For example, American International Group'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)
=2133.859/131.7762*131.7762
=2,133.859

Current CPI (Mar. 2024) = 131.7762.

American International Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,126.494 100.560 1,476.192
201409 1,248.523 100.428 1,638.248
201412 1,308.549 99.070 1,740.548
201503 1,391.395 99.621 1,840.501
201506 1,430.195 100.684 1,871.855
201509 1,206.856 100.392 1,584.147
201512 1,370.651 99.792 1,809.949
201603 1,162.567 100.470 1,524.814
201606 1,371.909 101.688 1,777.838
201609 1,193.453 101.861 1,543.954
201612 1,482.127 101.863 1,917.376
201703 1,422.751 102.862 1,822.678
201706 1,470.513 103.349 1,874.991
201709 1,470.484 104.136 1,860.793
201712 1,571.097 104.011 1,990.491
201803 1,345.088 105.290 1,683.459
201806 1,399.796 106.317 1,735.001
201809 1,441.103 106.507 1,783.015
201812 1,595.387 105.998 1,983.379
201903 1,567.947 107.251 1,926.500
201906 1,532.740 108.070 1,868.970
201909 1,572.897 108.329 1,913.335
201912 1,458.465 108.420 1,772.651
202003 1,762.430 108.902 2,132.627
202006 1,144.796 108.767 1,386.969
202009 1,219.949 109.815 1,463.920
202012 1,147.364 109.897 1,375.793
202103 1,771.579 111.754 2,088.973
202106 1,329.406 114.631 1,528.238
202109 1,595.168 115.734 1,816.274
202112 1,817.547 117.630 2,036.134
202203 2,006.699 121.301 2,179.992
202206 2,071.708 125.017 2,183.721
202209 2,274.349 125.227 2,393.304
202212 1,827.183 125.222 1,922.822
202303 1,669.127 127.348 1,727.169
202306 2,129.524 128.729 2,179.938
202309 2,154.382 129.860 2,186.180
202312 1,622.674 129.419 1,652.224
202403 2,133.859 131.776 2,133.859

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.


American International Group  (TSE:8685) 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.


American International Group Cyclically Adjusted PS Ratio Related Terms

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


American International Group (TSE:8685) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

American International Group (TSE:8685) Headlines

No Headlines