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Mercury General (FRA:MCG) Cyclically Adjusted Revenue per Share : €72.57 (As of Mar. 2024)


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What is Mercury General 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.

Mercury General's adjusted revenue per share for the three months ended in Mar. 2024 was €21.169. 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 €72.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mercury General's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Mercury General was 16.40% per year. The lowest was -0.50% per year. And the median was 7.00% per year.

As of today (2024-06-05), Mercury General's current stock price is €50.50. Mercury General's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €72.57. Mercury General's Cyclically Adjusted PS Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mercury General was 1.12. The lowest was 0.37. And the median was 0.84.


Mercury General Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mercury General'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.

Mercury General Cyclically Adjusted Revenue per Share Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.61 49.96 60.69 67.62 70.00

Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 66.86 69.28 72.93 70.00 72.57

Competitive Comparison of Mercury General's Cyclically Adjusted Revenue per Share

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


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

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

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



Mercury General 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, Mercury General'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)
=21.169/131.7762*131.7762
=21.169

Current CPI (Mar. 2024) = 131.7762.

Mercury General Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.802 100.560 14.155
201409 10.156 100.428 13.326
201412 10.625 99.070 14.133
201503 12.472 99.621 16.498
201506 11.726 100.684 15.347
201509 12.150 100.392 15.948
201512 13.046 99.792 17.227
201603 13.402 100.470 17.578
201606 13.803 101.688 17.887
201609 13.015 101.861 16.837
201612 12.645 101.863 16.358
201703 14.326 102.862 18.353
201706 13.720 103.349 17.494
201709 13.015 104.136 16.470
201712 13.090 104.011 16.584
201803 11.479 105.290 14.367
201806 13.696 106.317 16.976
201809 13.857 106.507 17.145
201812 12.971 105.998 16.125
201903 16.273 107.251 19.994
201906 15.657 108.070 19.092
201909 16.192 108.329 19.697
201912 16.062 108.420 19.522
202003 11.580 108.902 14.012
202006 16.135 108.767 19.548
202009 15.318 109.815 18.381
202012 15.912 109.897 19.080
202103 15.065 111.754 17.764
202106 15.270 114.631 17.554
202109 14.309 115.734 16.292
202112 16.771 117.630 18.788
202203 13.208 121.301 14.349
202206 13.422 125.017 14.148
202209 16.422 125.227 17.281
202212 19.635 125.222 20.663
202303 18.666 127.348 19.315
202306 18.057 128.729 18.484
202309 18.025 129.860 18.291
202312 22.765 129.419 23.180
202403 21.169 131.776 21.169

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


Mercury General  (FRA:MCG) 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.

Mercury General's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.50/72.57
=0.70

* 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 Mercury General was 1.12. The lowest was 0.37. And the median was 0.84.


Be Aware

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


Mercury General Cyclically Adjusted Revenue per Share Related Terms

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


Mercury General (FRA:MCG) Business Description

Industry
Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.

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