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Sagicor Group Jamaica (XJAM:SJ) Cyclically Adjusted PS Ratio : 1.94 (As of Jun. 09, 2024)


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What is Sagicor Group Jamaica Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Sagicor Group Jamaica's current share price is JMD41.01. Sagicor Group Jamaica's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was JMD21.11. Sagicor Group Jamaica's Cyclically Adjusted PS Ratio for today is 1.94.

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

XJAM:SJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.77   Max: 3.08
Current: 1.94

During the past 13 years, Sagicor Group Jamaica's highest Cyclically Adjusted PS Ratio was 3.08. The lowest was 1.91. And the median was 2.77.

XJAM:SJ's Cyclically Adjusted PS Ratio is ranked worse than
76.41% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs XJAM:SJ: 1.94

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.

Sagicor Group Jamaica's adjusted revenue per share data of for the fiscal year that ended in Dec23 was JMD17.647. 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 JMD21.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sagicor Group Jamaica Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sagicor Group Jamaica'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.

Sagicor Group Jamaica Cyclically Adjusted PS Ratio Chart

Sagicor Group Jamaica 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 - 2.93 2.90 2.83 2.26

Sagicor Group Jamaica Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 2.83 - 2.26 -

Competitive Comparison of Sagicor Group Jamaica's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Sagicor Group Jamaica'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.


Sagicor Group Jamaica's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Sagicor Group Jamaica 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.

Sagicor Group Jamaica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.01/21.11
=1.94

* 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.

Sagicor Group Jamaica's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sagicor Group Jamaica'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)
=17.647/129.4194*129.4194
=17.647

Current CPI (Dec23) = 129.4194.

Sagicor Group Jamaica Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 11.896 99.070 15.540
201512 14.104 99.792 18.291
201612 15.434 101.863 19.609
201712 18.014 104.011 22.415
201812 18.576 105.998 22.681
201912 23.925 108.420 28.559
202012 21.930 109.897 25.826
202112 26.242 117.630 28.872
202212 11.239 125.222 11.616
202312 17.647 129.419 17.647

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.


Sagicor Group Jamaica  (XJAM:SJ) 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.


Sagicor Group Jamaica Cyclically Adjusted PS Ratio Related Terms

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


Sagicor Group Jamaica (XJAM:SJ) Business Description

Traded in Other Exchanges
N/A
Address
28 - 48 Barbados Avenue, R. Danny Williams Building, Kingston, JAM, 5
Sagicor Group Jamaica Ltd is a financial services company. The company's business segment includes Individual Lines, Employee Benefits, Commercial Banking, Investment Banking, and others. It generates revenue largely from the Individual Lines segment. The Individual Insurance segment provides individual clients with life and health insurance policies, individual annuities, investment products, living benefits, and other insurance-related solutions through various products. Geographically, it derives a majority of its revenue from Jamaica.