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Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 14, 2024)


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What is Mikrofin osiguranje a.d Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Mikrofin osiguranje a.d's current share price is BAM100.00. Mikrofin osiguranje a.d's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was BAM229.83. Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio for today is 0.44.

The historical rank and industry rank for Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio or its related term are showing as below:

XBLB:MKOS-R-A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.66   Max: 0.9
Current: 0.44

During the past 13 years, Mikrofin osiguranje a.d's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.44. And the median was 0.66.

XBLB:MKOS-R-A's Cyclically Adjusted PS Ratio is not ranked
in the Insurance industry.
Industry Median: 0.97 vs XBLB:MKOS-R-A: 0.44

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.

Mikrofin osiguranje a.d's adjusted revenue per share data of for the fiscal year that ended in Dec23 was BAM288.386. 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 BAM229.83 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mikrofin osiguranje a.d Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mikrofin osiguranje a.d'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.

Mikrofin osiguranje a.d Cyclically Adjusted PS Ratio Chart

Mikrofin osiguranje a.d 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 0.75 0.66 0.56 0.49 0.44

Mikrofin osiguranje a.d Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.66 0.56 0.49 0.44

Competitive Comparison of Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Mikrofin osiguranje a.d'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.


Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio falls into.



Mikrofin osiguranje a.d 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.

Mikrofin osiguranje a.d's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.00/229.83
=0.44

* 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.

Mikrofin osiguranje a.d's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mikrofin osiguranje a.d's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=288.386/129.4194*129.4194
=288.386

Current CPI (Dec23) = 129.4194.

Mikrofin osiguranje a.d Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 119.927 99.070 156.666
201512 140.382 99.792 182.059
201612 168.818 101.863 214.488
201712 168.509 104.011 209.673
201812 192.236 105.998 234.713
201912 212.200 108.420 253.300
202012 210.807 109.897 248.256
202112 224.467 117.630 246.965
202212 255.246 125.222 263.802
202312 288.386 129.419 288.386

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.


Mikrofin osiguranje a.d  (XBLB:MKOS-R-A) 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.


Mikrofin osiguranje a.d Cyclically Adjusted PS Ratio Related Terms

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


Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Aleja Svetog Save 59, Banja Luka, BIH, 78000
Mikrofin osiguranje a.d is engaged in offering insurance services in Bosnia and Herzegovina. The company provides insurances for accidents, vehicles, agriculture, transport, and health insurances.

Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Headlines

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