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Hanwha General Insurance Co (XKRX:000370) Cyclically Adjusted PS Ratio : 0.08 (As of Jun. 20, 2024)


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What is Hanwha General Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Hanwha General Insurance Co's current share price is ₩4720.00. Hanwha General Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩58,137.50. Hanwha General Insurance Co's Cyclically Adjusted PS Ratio for today is 0.08.

The historical rank and industry rank for Hanwha General Insurance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKRX:000370' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.15
Current: 0.08

During the past years, Hanwha General Insurance Co's highest Cyclically Adjusted PS Ratio was 0.15. The lowest was 0.01. And the median was 0.07.

XKRX:000370's Cyclically Adjusted PS Ratio is ranked better than
98.27% of 405 companies
in the Insurance industry
Industry Median: 0.96 vs XKRX:000370: 0.08

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.

Hanwha General Insurance Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩8,339.127. 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 ₩58,137.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanwha General Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hanwha General Insurance Co'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.

Hanwha General Insurance Co Cyclically Adjusted PS Ratio Chart

Hanwha General Insurance Co 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 0.04 0.05 0.05 0.07 0.07

Hanwha General Insurance Co 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 0.07 0.06 0.07 0.07 0.08

Competitive Comparison of Hanwha General Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Hanwha General Insurance Co'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.


Hanwha General Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Hanwha General Insurance Co's Cyclically Adjusted PS Ratio falls into.



Hanwha General Insurance Co 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.

Hanwha General Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4720.00/58137.5
=0.08

* 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.

Hanwha General Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hanwha General Insurance Co'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)
=8339.127/118.8477*118.8477
=8,339.127

Current CPI (Mar. 2024) = 118.8477.

Hanwha General Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14,394.747 99.353 17,219.234
201409 14,456.718 99.608 17,249.093
201412 14,697.330 99.098 17,626.429
201503 14,941.535 99.720 17,807.532
201506 15,347.354 100.050 18,230.862
201509 15,379.311 100.110 18,257.874
201512 15,934.082 100.220 18,895.719
201603 15,793.305 100.560 18,665.453
201606 16,556.236 100.790 19,522.478
201609 12,750.083 101.460 14,935.128
201612 26,260.036 101.560 30,730.060
201703 16,951.879 102.850 19,588.642
201706 16,573.487 102.610 19,196.188
201709 12,783.034 103.490 14,680.010
201712 29,117.583 102.990 33,600.910
201803 15,778.130 104.100 18,013.395
201806 15,525.594 104.130 17,719.976
201809 14,480.680 105.650 16,289.593
201812 12,621.300 104.350 14,374.820
201903 16,150.268 104.490 18,369.434
201906 9,673.148 104.880 10,961.398
201909 11,024.488 105.200 12,454.706
201912 10,979.394 105.120 12,413.201
202003 11,437.975 105.540 12,880.207
202006 10,075.041 104.870 11,417.903
202009 8,066.126 106.200 9,026.747
202012 10,097.729 105.765 11,346.734
202103 11,452.775 107.357 12,678.572
202106 10,532.445 107.579 11,635.742
202109 11,162.413 108.759 12,197.838
202112 9,211.175 109.676 9,981.427
202203 9,376.953 111.806 9,967.545
202206 8,957.112 114.083 9,331.224
202209 9,565.637 114.831 9,900.210
202212 6,179.642 115.200 6,375.304
202303 7,965.408 116.550 8,122.468
202306 7,892.337 117.140 8,007.401
202309 7,237.655 119.111 7,221.644
202312 6,143.041 118.848 6,143.041
202403 8,339.127 118.848 8,339.127

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.


Hanwha General Insurance Co  (XKRX:000370) 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.


Hanwha General Insurance Co Cyclically Adjusted PS Ratio Related Terms

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Hanwha General Insurance Co (XKRX:000370) Business Description

Traded in Other Exchanges
N/A
Address
56, Yeouido-daero, Yeongdeungpo-gu, (23-5, Yeouido-dong), Seoul, KOR
Hanwha General Insurance Co Ltd Is a South Korea based company engaged in providing non-life insurance and reinsurance services. It offers fire, marine, car, casualty, long term, retirement, private pension, and other insurances. In addition, the company also provides loan services, such as insurance contract loans, apartment mortgage loan and credit loan services.

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