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ESNT (Essent Group) Cyclically Adjusted Revenue per Share : $9.41 (As of Dec. 2024)


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What is Essent Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Essent Group's adjusted revenue per share for the three months ended in Dec. 2024 was $3.198. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $9.41 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Essent Group's average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2025-04-13), Essent Group's current stock price is $54.93. Essent Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $9.41. Essent Group's Cyclically Adjusted PS Ratio of today is 5.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Essent Group was 7.17. The lowest was 4.78. And the median was 6.03.


Essent Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Essent Group's Cyclically Adjusted Revenue per Share 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.

Essent Group Cyclically Adjusted Revenue per Share Chart

Essent Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.35 8.35 9.41

Essent Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Revenue per Share 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 8.35 8.71 8.97 9.20 9.41

Competitive Comparison of Essent Group's Cyclically Adjusted Revenue per Share

For the Insurance - Specialty subindustry, Essent Group'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.


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

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

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


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Essent Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Essent Group's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.198/133.1571*133.1571
=3.198

Current CPI (Dec. 2024) = 133.1571.

Essent Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.874 99.621 1.168
201506 0.917 100.684 1.213
201509 0.999 100.392 1.325
201512 1.060 99.792 1.414
201603 1.115 100.470 1.478
201606 1.174 101.688 1.537
201609 1.312 101.861 1.715
201612 1.365 101.863 1.784
201703 1.372 102.862 1.776
201706 1.477 103.349 1.903
201709 1.563 104.136 1.999
201712 1.635 104.011 2.093
201803 1.710 105.290 2.163
201806 1.776 106.317 2.224
201809 1.887 106.507 2.359
201812 1.969 105.998 2.474
201903 2.044 107.251 2.538
201906 2.158 108.070 2.659
201909 2.304 108.329 2.832
201912 2.325 108.420 2.855
202003 2.327 108.902 2.845
202006 2.301 108.767 2.817
202009 2.167 109.815 2.628
202012 2.200 109.897 2.666
202103 2.178 111.754 2.595
202106 2.163 114.631 2.513
202109 2.546 115.734 2.929
202112 2.335 117.630 2.643
202203 2.437 121.301 2.675
202206 2.278 125.017 2.426
202209 2.439 125.227 2.593
202212 2.305 125.222 2.451
202303 2.382 127.348 2.491
202306 2.429 128.729 2.513
202309 2.767 129.860 2.837
202312 2.983 129.419 3.069
202403 2.794 131.776 2.823
202406 2.931 132.554 2.944
202409 2.971 133.029 2.974
202412 3.198 133.157 3.198

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Essent Group  (NYSE:ESNT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Essent Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=54.93/9.41
=5.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Essent Group was 7.17. The lowest was 4.78. And the median was 6.03.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Essent Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Essent Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Essent Group Business Description

Industry
Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products, title insurance, and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners.
Executives
David B Weinstock officer: VP & Chief Accounting Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Roy James Kasmar director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Vijay Bhasin officer: Sr. VP & Chief Risk Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Douglas J Pauls director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Mary Lourdes Gibbons officer: Sr. VP, CLO & Assit. Secretary C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Aditya Dutt director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Anu Karna director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Robert Glanville director C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165
Mark Casale director, officer: CEO & President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mcalee Lawrence E Jr officer: Sr. VP & CFO C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
William Spiegel director C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08
Joseph Hissong officer: Senior Vice President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Jeff Cashmer officer: SVP & Chief Business Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher G Curran officer: SVP, Corporate Development C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171