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Protective Life (FRA:PV7) Cyclically Adjusted Revenue per Share : €0.00 (As of Sep. 2014)


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What is Protective Life 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.

Protective Life's adjusted revenue per share for the three months ended in Sep. 2014 was €10.937. 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 €0.00 for the trailing ten years ended in Sep. 2014.

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 (2024-05-16), Protective Life's current stock price is €53.38. Protective Life's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2014 was €0.00. Protective Life's Cyclically Adjusted PS Ratio of today is .


Protective Life Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Protective Life'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.

Protective Life Cyclically Adjusted Revenue per Share Chart

Protective Life Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Revenue per Share
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Protective Life Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Protective Life's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Protective Life'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.


Protective Life's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Protective Life 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, Protective Life's adjusted Revenue per Share data for the three months ended in Sep. 2014 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=10.937/100.4278*100.4278
=10.937

Current CPI (Sep. 2014) = 100.4278.

Protective Life Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200412 4.914 80.290 6.147
200503 5.744 81.555 7.073
200506 5.617 82.062 6.874
200509 6.519 83.876 7.805
200512 6.083 83.032 7.357
200603 6.888 84.298 8.206
200606 6.227 85.606 7.305
200609 8.396 85.606 9.850
200612 8.053 85.142 9.499
200703 8.306 86.640 9.628
200706 7.774 87.906 8.881
200709 7.987 87.964 9.119
200712 6.972 88.616 7.901
200803 6.450 90.090 7.190
200806 6.252 92.320 6.801
200809 4.999 92.307 5.439
200812 6.088 88.697 6.893
200903 7.746 89.744 8.668
200906 7.140 91.003 7.879
200909 5.426 91.120 5.980
200912 6.816 91.111 7.513
201003 6.665 91.821 7.290
201006 6.645 91.962 7.257
201009 6.987 92.162 7.614
201012 6.810 92.474 7.396
201103 6.796 94.283 7.239
201106 7.148 95.235 7.538
201109 7.941 95.727 8.331
201112 7.982 95.213 8.419
201203 8.589 96.783 8.912
201206 8.695 96.819 9.019
201209 8.407 97.633 8.648
201212 8.150 96.871 8.449
201303 8.923 98.209 9.125
201306 8.940 98.518 9.113
201309 8.814 98.790 8.960
201312 10.061 98.326 10.276
201403 9.750 99.695 9.822
201406 10.440 100.560 10.426
201409 10.937 100.428 10.937

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


Protective Life  (FRA:PV7) 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.


Be Aware

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


Protective Life Cyclically Adjusted Revenue per Share Related Terms

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


Protective Life (FRA:PV7) Business Description

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Protective Life Corporation, a Delaware corporation was founded in 1907. A holding company, whose subsidiaries provide financial services through the production, distribution, and administration of insurance and investment products. The Company's operating segments are Life Marketing, Acquisitions, Annuities, Stable Value Products, Asset Protection and Corporate and Other. The Life Marketing segment markets universal life, variable universal life, bank-owned life insurance and level premium term insurance products on a national basis mainly through networks of independent insurance agents and brokers, stockbrokers, and independent marketing organizations. The Acquisitions segment focuses on acquiring, converting, and servicing policies acquired from other companies. The segment's main focus is on life insurance policies and annuity products that were sold to individuals. The Annuities segment markets fixed and variable annuity products. These products are mainly sold through broker-dealers, but are also sold through financial institutions and independent agents and brokers. The Stable Value Products segment sells fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, money market funds, bank trust departments, and other institutional investors. The segment also issues funding agreements to the Federal Home Loan Bank and markets guaranteed investment contracts (GICs) to 401(k) and other qualified retirement savings plans. The Asset Protection segment mainly markets extended service contracts and credit life and disability insurance to protect consumers' investments in automobiles, watercraft, and recreational vehicles. In addition, the segment markets a guaranteed asset protection product and an inventory protection product. The Company has an additional segment referred to as Corporate and Other which earnings from several non-strategic or runoff lines of business, various investment-related transactions, the operations of several small subsidiaries, and the repurchase of non-recourse funding obligations. The Company encounters competition in all lines of business from other insurance companies, many of which have greater financial resources and higher ratings than the Company and which might have a greater market share, offer products, services or features, assume a greater level of risk, have lower operating or financing costs, or have different profitability expectations than the Company. The Company also faces competition from other providers of financial services. The Company and its subsidiaries are subject to government regulation in each of the states in which it conducts business.

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