GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Grupo Assa SA (XPTY:ASSA) » Definitions » Cyclically Adjusted PS Ratio

Grupo Assa (XPTY:ASSA) Cyclically Adjusted PS Ratio : 1.71 (As of Jun. 23, 2024)


View and export this data going back to . Start your Free Trial

What is Grupo Assa Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Grupo Assa's current share price is $95.00. Grupo Assa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $55.70. Grupo Assa's Cyclically Adjusted PS Ratio for today is 1.71.

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

XPTY:ASSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.5   Med: 1.73   Max: 1.94
Current: 1.71

During the past years, Grupo Assa's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 1.50. And the median was 1.73.

XPTY:ASSA's Cyclically Adjusted PS Ratio is ranked worse than
74.57% of 405 companies
in the Insurance industry
Industry Median: 0.96 vs XPTY:ASSA: 1.71

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.

Grupo Assa's adjusted revenue per share data for the three months ended in Mar. 2024 was $16.337. 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 $55.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Assa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grupo Assa'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.

Grupo Assa Cyclically Adjusted PS Ratio Chart

Grupo Assa 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 - - - 1.92 1.59

Grupo Assa 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 1.78 1.70 1.67 1.59 1.58

Competitive Comparison of Grupo Assa's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Grupo Assa'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.


Grupo Assa's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Grupo Assa 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.

Grupo Assa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.00/55.7
=1.71

* 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.

Grupo Assa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo Assa'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)
=16.337/131.7762*131.7762
=16.337

Current CPI (Mar. 2024) = 131.7762.

Grupo Assa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.105 100.560 9.311
201409 6.760 100.428 8.870
201412 8.334 99.070 11.085
201503 7.078 99.621 9.363
201506 7.582 100.684 9.923
201509 7.445 100.392 9.772
201512 9.363 99.792 12.364
201603 8.149 100.470 10.688
201606 8.811 101.688 11.418
201609 8.572 101.861 11.089
201612 11.874 101.863 15.361
201703 9.930 102.862 12.721
201706 10.439 103.349 13.310
201709 9.734 104.136 12.318
201712 11.974 104.011 15.170
201803 10.738 105.290 13.439
201806 12.928 106.317 16.024
201809 12.456 106.507 15.411
201812 14.828 105.998 18.434
201903 13.603 107.251 16.714
201906 13.278 108.070 16.191
201909 12.356 108.329 15.030
201912 15.320 108.420 18.620
202003 13.425 108.902 16.245
202006 11.829 108.767 14.331
202009 11.635 109.815 13.962
202012 14.286 109.897 17.130
202103 12.388 111.754 14.607
202106 12.219 114.631 14.047
202109 10.904 115.734 12.415
202112 14.393 117.630 16.124
202203 11.889 121.301 12.916
202206 12.280 125.017 12.944
202209 11.674 125.227 12.285
202212 16.280 125.222 17.132
202303 14.825 127.348 15.341
202306 14.985 128.729 15.340
202309 13.825 129.860 14.029
202312 18.858 129.419 19.201
202403 16.337 131.776 16.337

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.


Grupo Assa  (XPTY:ASSA) 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.


Grupo Assa Cyclically Adjusted PS Ratio Related Terms

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


Grupo Assa (XPTY:ASSA) Business Description

Traded in Other Exchanges
N/A
Address
Nicanor de Obarrio Avenue (Calle 50), PO Box 0816-01622, ASSA Building, between Calles 56 and 57, Panama, PAN
Grupo Assa SA is engaged in the operations of insurance business, banking operations, financial activities and investment operations.

Grupo Assa (XPTY:ASSA) Headlines

No Headlines