Tryg AS (WBO:TRYG) Cyclically Adjusted PS Ratio: 2.35 (As of Aug. 09, 2026) — 10% Below Median

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WBO:TRYG Tryg AS WBO:TRYG
74 GF Score
Price €20.62
GF Value €21.94
! 5 Warning Signs
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What is Tryg AS Cyclically Adjusted PS Ratio?

Tryg AS WBO:TRYG +0.10% 74 Cyclically Adjusted PS Ratio is 2.35 as of Aug. 09, 2026, which is 10% below its 10-year median of 2.62. GuruFocus rates WBO:TRYG with a GF Score™ of 74/100 and a GF Value™ of €21.94. The stock has 5 warning signs investors should review. Among 417 Insurance companies, Tryg AS ranks worse than 76.74% on this metric.

As of today (2026-08-09), Tryg AS's current share price is €20.62. Tryg AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.79. Tryg AS's Cyclically Adjusted PS Ratio for today is 2.35.

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

WBO:TRYG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 2.62   Max: 3.35
Current: 2.35

During the past years, Tryg AS's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 2.15. And the median was 2.62.

WBO:TRYG's Cyclically Adjusted PS Ratio is ranked worse than
76.74% of 417 companies
in the Insurance industry
Industry Median: 1.22 vs WBO:TRYG: 2.35

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.

Tryg AS's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.558. 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 €8.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tryg AS  (WBO:TRYG) 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.


Tryg AS Cyclically Adjusted PS Ratio Related Terms


Tryg AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tryg AS'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.

Tryg AS Cyclically Adjusted PS Ratio Chart

Tryg AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.82 2.46 2.46 2.61

Tryg AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.60 2.53 2.61 2.39 2.27

WBO:TRYG vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, Tryg AS'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.


Tryg AS Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


WBO:TRYG
74GF Score
Tryg AS WBO:TRYG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tryg AS 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.

Tryg AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.62/8.79
=2.35

* 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.

Tryg AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tryg AS's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.558/122.9700*122.9700
=2.558

Current CPI (Jun. 2026) = 122.9700.

Tryg AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.690 100.200 2.074
201612 1.834 100.300 2.249
201703 1.716 101.200 2.085
201706 1.669 101.200 2.028
201709 1.697 101.800 2.050
201712 1.539 101.300 1.868
201803 1.466 101.700 1.773
201806 1.471 102.300 1.768
201809 1.556 102.400 1.869
201812 1.557 102.100 1.875
201903 1.906 102.900 2.278
201906 1.861 102.900 2.224
201909 1.876 102.900 2.242
201912 2.012 102.900 2.404
202003 2.031 103.300 2.418
202006 2.668 103.200 3.179
202009 2.590 103.500 3.077
202012 2.748 103.400 3.268
202103 2.522 104.300 2.973
202106 1.036 105.000 1.213
202109 1.269 105.800 1.475
202112 1.351 106.600 1.558
202203 1.228 109.900 1.374
202206 1.737 113.600 1.880
202209 1.907 116.400 2.015
202212 2.184 115.900 2.317
202303 2.163 117.300 2.268
202306 2.172 116.400 2.295
202309 1.841 117.400 1.928
202312 2.452 116.700 2.584
202403 2.092 118.400 2.173
202406 2.210 118.500 2.293
202409 2.439 118.900 2.522
202412 2.022 118.900 2.091
202503 2.209 120.200 2.260
202506 2.395 120.700 2.440
202509 2.271 121.600 2.297
202512 2.285 121.200 2.318
202603 2.342 121.680 2.367
202606 2.558 122.970 2.558

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.

What does a Cyclically Adjusted PS Ratio of 2.35 mean?
Tryg AS (WBO:TRYG) has a Cyclically Adjusted PS Ratio of 2.35 as of Aug. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tryg AS and its competitors. This is 10% below median its historical median of 2.62. Over the past decade, Tryg AS's Cyclically Adjusted PS Ratio has ranged from 2.15 to 3.35. According to the industry distribution chart, Tryg AS ranks #320 out of 417 companies in the Insurance industry, placing it in the top 76.7%.
Is Tryg AS's Cyclically Adjusted PS Ratio too high?
Tryg AS's current Cyclically Adjusted PS Ratio of 2.35 is 10% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 3.35. The Insurance industry median Cyclically Adjusted PS Ratio is 1.22. Tryg AS's value of 2.35 is 92.6% above this industry median. Based on the distribution chart, Tryg AS ranks #320 out of 417 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Tryg AS has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's Cyclically Adjusted PS Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Tryg AS ranks #320 out of 417 companies for Cyclically Adjusted PS Ratio. This places Tryg AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.22. Tryg AS's value of 2.35 is 92.6% above this benchmark. Historically, Tryg AS's own Cyclically Adjusted PS Ratio has ranged from 2.15 to 3.35 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.22, Tryg AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.22, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tryg AS's current Cyclically Adjusted PS Ratio of 2.35 is 92.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tryg AS and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tryg AS's current Cyclically Adjusted PS Ratio is 2.35, which is 10% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Tryg AS (WBO:TRYG) has a current Cyclically Adjusted PS Ratio of 2.35. The stock's GF Value™ is €21.94, compared to a current price of €20.62 — trading 6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is 10% below median its 10-year median of 2.62 and 92.6% above the Insurance industry median of 1.22. Tryg AS's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Tryg AS (WBO:TRYG), the current Cyclically Adjusted PS Ratio is 2.35 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tryg AS (WBO:TRYG) Overvalued in 2026?

Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued. The current stock price of €20.62 is trading 6% below its estimated GF Value™ of €21.94.

Key valuation signals for WBO:TRYG:

  • Cyclically Adjusted PS Ratio: 2.35 (10% below median its 10-year median of 2.62)
  • GF Value™: €21.94 vs. price of €20.62 (6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 92.6% above the Insurance median (#320 of 417)

No single metric tells the full story. See the WBO:TRYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tryg AS Business Description

Address Klausdalsbrovej 601, Ballerup, DNK, 2750
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
74GF Score

Get the complete analysis for WBO:TRYG

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.62
Price
€21.94
GF Value