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ICPEI Holdings (TSXV:ICPH) Cyclically Adjusted PS Ratio : 0.33 (As of May. 05, 2024)


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What is ICPEI Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-05), ICPEI Holdings's current share price is C$3.99. ICPEI Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was C$12.18. ICPEI Holdings's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSXV:ICPH's Cyclically Adjusted PS Ratio is not ranked *
in the Insurance industry.
Industry Median: 0.98
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

ICPEI Holdings's adjusted revenue per share data for the three months ended in Sep. 2022 was C$1.362. 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 C$12.18 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICPEI Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ICPEI Holdings'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.

ICPEI Holdings Cyclically Adjusted PS Ratio Chart

ICPEI Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.90 0.41 0.12 0.16

ICPEI Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.21 0.16 0.16 0.14 0.16

Competitive Comparison of ICPEI Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, ICPEI Holdings'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.


ICPEI Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



ICPEI Holdings 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.

ICPEI Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.99/12.18
=0.33

* 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.

ICPEI Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, ICPEI Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=1.362/120.6479*120.6479
=1.362

Current CPI (Sep. 2022) = 120.6479.

ICPEI Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 3.981 95.760 5.016
201303 4.171 97.103 5.182
201306 4.655 97.182 5.779
201309 4.469 97.419 5.535
201312 5.276 96.945 6.566
201403 5.628 98.604 6.886
201406 5.561 99.473 6.745
201409 6.851 99.394 8.316
201412 7.164 98.367 8.787
201503 6.267 99.789 7.577
201506 3.960 100.500 4.754
201509 3.679 100.421 4.420
201512 4.204 99.947 5.075
201603 3.944 101.054 4.709
201606 4.185 102.002 4.950
201609 4.249 101.765 5.037
201612 4.094 101.449 4.869
201703 4.785 102.634 5.625
201706 4.690 103.029 5.492
201709 5.178 103.345 6.045
201712 -11.607 103.345 -13.550
201803 0.620 105.004 0.712
201806 0.644 105.557 0.736
201809 0.654 105.636 0.747
201812 0.649 105.399 0.743
201903 0.659 106.979 0.743
201906 0.684 107.690 0.766
201909 0.769 107.611 0.862
201912 0.807 107.769 0.903
202003 0.703 107.927 0.786
202006 0.829 108.401 0.923
202009 1.040 108.164 1.160
202012 0.910 108.559 1.011
202103 0.939 110.298 1.027
202106 0.912 111.720 0.985
202109 0.983 112.905 1.050
202112 1.071 113.774 1.136
202203 1.057 117.646 1.084
202206 1.236 120.806 1.234
202209 1.362 120.648 1.362

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.


ICPEI Holdings  (TSXV:ICPH) 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.


ICPEI Holdings Cyclically Adjusted PS Ratio Related Terms

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


ICPEI Holdings (TSXV:ICPH) Business Description

Traded in Other Exchanges
N/A
Address
2800 Skymark Avenue, Suite 200, Mississauga, ON, CAN, L4W 5A6
ICPEI Holdings Inc is engaged in the Canadian property and casualty (P&C) insurance industry. It operates through a wholly-owned subsidiary, The Insurance Company of Prince Edward Island (ICPEI), a provincially regulated property and casualty insurance company. The firm offers home, auto, and commercial insurance solutions sold exclusively through a network of brokers and managing general agents.

ICPEI Holdings (TSXV:ICPH) Headlines

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