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Helvetia Holding AG (XSWX:HELN) Cyclically Adjusted PS Ratio : 0.59 (As of Apr. 30, 2024)


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What is Helvetia Holding AG Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Helvetia Holding AG's current share price is CHF119.60. Helvetia Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF201.89. Helvetia Holding AG's Cyclically Adjusted PS Ratio for today is 0.59.

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

XSWX:HELN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.6   Max: 0.77
Current: 0.59

During the past 13 years, Helvetia Holding AG's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.38. And the median was 0.60.

XSWX:HELN's Cyclically Adjusted PS Ratio is ranked better than
70.62% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs XSWX:HELN: 0.59

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.

Helvetia Holding AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF198.463. 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 CHF201.89 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Helvetia Holding AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Helvetia Holding AG'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.

Helvetia Holding AG Cyclically Adjusted PS Ratio Chart

Helvetia Holding AG 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 0.72 0.49 0.54 0.54 0.57

Helvetia Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 - 0.54 - 0.57

Competitive Comparison of Helvetia Holding AG's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Helvetia Holding AG'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.


Helvetia Holding AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Helvetia Holding AG's Cyclically Adjusted PS Ratio falls into.



Helvetia Holding AG 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.

Helvetia Holding AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.60/201.89
=0.59

* 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.

Helvetia Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Helvetia Holding AG'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)
=198.463/106.4611*106.4611
=198.463

Current CPI (Dec23) = 106.4611.

Helvetia Holding AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 201.425 100.704 212.941
201512 181.584 99.386 194.510
201612 187.428 99.380 200.784
201712 193.067 100.213 205.104
201812 182.598 100.906 192.650
201912 215.451 101.063 226.958
202012 198.118 100.241 210.412
202112 227.881 101.776 238.372
202212 136.369 104.666 138.708
202312 198.463 106.461 198.463

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.


Helvetia Holding AG  (XSWX:HELN) 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.


Helvetia Holding AG Cyclically Adjusted PS Ratio Related Terms

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


Helvetia Holding AG (XSWX:HELN) Business Description

Traded in Other Exchanges
Address
Dufourstrasse 40, Saint Gallen, CHE, CH-9001
Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.

Helvetia Holding AG (XSWX:HELN) Headlines

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