National Reinsurance of the Philippines (PHS:NRCP) Cyclically Adjusted Revenue per Share: ₱2.02 (As of Mar. 2026)


PHS:NRCP National Reinsurance Corp of the Philippines PHS:NRCP
43 GF Score
Price ₱0.94
GF Value ₱0.61
Valuation Significantly Overvalued
! 2 Warning Signs
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What is National Reinsurance of the Philippines Cyclically Adjusted Revenue per Share?

National Reinsurance of the Philippines PHS:NRCP -1.05% 43 Cyclically Adjusted Revenue per Share is ₱2.02 as of Mar. 2026. GuruFocus rates PHS:NRCP with a GF Score™ of 43/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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.

National Reinsurance of the Philippines's adjusted revenue per share for the three months ended in Mar. 2026 was ₱0.483. 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 ₱2.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Reinsurance of the Philippines's average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 National Reinsurance of the Philippines was 12.70% per year. The lowest was 6.80% per year. And the median was 10.40% per year.

As of today (2026-07-12), National Reinsurance of the Philippines's current stock price is ₱0.94. National Reinsurance of the Philippines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱2.02. National Reinsurance of the Philippines's Cyclically Adjusted PS Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of National Reinsurance of the Philippines was 1.81. The lowest was 0.23. And the median was 0.51.


National Reinsurance of the Philippines  (PHS:NRCP) 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.

National Reinsurance of the Philippines's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.94/2.02
=0.47

* 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 National Reinsurance of the Philippines was 1.81. The lowest was 0.23. And the median was 0.51.


Be Aware

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


National Reinsurance of the Philippines Cyclically Adjusted Revenue per Share Related Terms


National Reinsurance of the Philippines Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for National Reinsurance of the Philippines'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.

National Reinsurance of the Philippines Cyclically Adjusted Revenue per Share Chart

National Reinsurance of the Philippines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.37 1.54 1.76 1.96

National Reinsurance of the Philippines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.82 1.87 1.91 1.96 2.02

PHS:NRCP vs RGA, EG, RNR: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Reinsurance subindustry, National Reinsurance of the Philippines'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.


National Reinsurance of the Philippines Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, National Reinsurance of the Philippines's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Reinsurance of the Philippines's Cyclically Adjusted PS Ratio falls into.


PHS:NRCP
43GF Score
National Reinsurance Corp of the Philippines PHS:NRCP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Reinsurance of the Philippines 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, National Reinsurance of the Philippines's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.483/330.2130*330.2130
=0.483

Current CPI (Mar. 2026) = 330.2130.

National Reinsurance of the Philippines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.187 241.018 0.256
201609 0.181 241.428 0.248
201612 0.294 241.432 0.402
201703 0.216 243.801 0.293
201706 0.302 244.955 0.407
201709 0.318 246.819 0.425
201712 0.309 246.524 0.414
201803 0.359 249.554 0.475
201806 0.357 251.989 0.468
201809 0.373 252.439 0.488
201812 0.307 251.233 0.404
201903 0.427 254.202 0.555
201906 0.395 256.143 0.509
201909 0.436 256.759 0.561
201912 0.463 256.974 0.595
202003 0.194 258.115 0.248
202006 0.437 257.797 0.560
202009 0.413 260.280 0.524
202012 0.621 260.474 0.787
202103 0.397 264.877 0.495
202106 0.395 271.696 0.480
202109 0.411 274.310 0.495
202112 0.347 278.802 0.411
202203 0.351 287.504 0.403
202206 0.350 296.311 0.390
202209 0.308 296.808 0.343
202212 0.519 296.797 0.577
202303 0.377 301.836 0.412
202306 0.475 305.109 0.514
202309 0.521 307.789 0.559
202312 0.863 306.746 0.929
202403 0.529 312.332 0.559
202406 0.666 314.175 0.700
202409 0.390 315.301 0.408
202412 0.957 315.605 1.001
202503 0.567 319.799 0.585
202506 0.612 322.561 0.627
202509 0.459 324.800 0.467
202512 0.744 324.054 0.758
202603 0.483 330.213 0.483

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

What does a Cyclically Adjusted Revenue per Share of ₱2.02 mean?
National Reinsurance of the Philippines (PHS:NRCP) has a Cyclically Adjusted Revenue per Share of ₱2.02 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Reinsurance of the Philippines and its competitors.
Is National Reinsurance of the Philippines' Cyclically Adjusted Revenue per Share too high?
National Reinsurance of the Philippines' current Cyclically Adjusted Revenue per Share is ₱2.02. Overall, National Reinsurance of the Philippines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Cyclically Adjusted Revenue per Share compare to RGA and EG?
National Reinsurance of the Philippines' Cyclically Adjusted Revenue per Share of ₱2.02 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Reinsurance of the Philippines and its competitors. National Reinsurance of the Philippines's current Cyclically Adjusted Revenue per Share is ₱2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.94 — trading 54.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₱2.02. National Reinsurance of the Philippines' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For National Reinsurance of the Philippines (PHS:NRCP), the current Cyclically Adjusted Revenue per Share is ₱2.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?

Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued. The current stock price of ₱0.94 is trading 54.1% above its estimated GF Value™ of ₱0.61. GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.

Key valuation signals for PHS:NRCP:

  • Cyclically Adjusted Revenue per Share: ₱2.02
  • GF Value™: ₱0.61 vs. price of ₱0.94 (54.1% above fair value)
  • GF Score™: 43/100 with 2 warning signs

No single metric tells the full story. See the PHS:NRCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Reinsurance of the Philippines Business Description

Address 6811 Ayala Avenue, 31st Floor, BPI AIA, Makati, PHL, 1227
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
43GF Score

Get the complete analysis for PHS:NRCP

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱0.94
Price
₱0.61
GF Value