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Sun Life Financial (STU:LIE) Cyclically Adjusted Revenue per Share : €38.03 (As of Mar. 2024)


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What is Sun Life Financial 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.

Sun Life Financial's adjusted revenue per share for the three months ended in Mar. 2024 was €7.630. 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 €38.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sun Life Financial's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% 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 Sun Life Financial was 6.70% per year. The lowest was -1.50% per year. And the median was 2.80% per year.

As of today (2024-05-26), Sun Life Financial's current stock price is €47.00. Sun Life Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.03. Sun Life Financial's Cyclically Adjusted PS Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sun Life Financial was 1.53. The lowest was 0.75. And the median was 1.22.


Sun Life Financial Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sun Life Financial'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.

Sun Life Financial Cyclically Adjusted Revenue per Share Chart

Sun Life Financial 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 29.56 29.18 34.84 34.98 37.38

Sun Life Financial 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 35.62 36.96 37.11 37.38 38.03

Competitive Comparison of Sun Life Financial's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Sun Life Financial'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.


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

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

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



Sun Life Financial 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, Sun Life Financial'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)
=7.63/126.2576*126.2576
=7.630

Current CPI (Mar. 2024) = 126.2576.

Sun Life Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.944 99.473 8.814
201409 6.392 99.394 8.120
201412 8.338 98.367 10.702
201503 8.674 99.789 10.975
201506 1.961 100.500 2.464
201509 5.109 100.421 6.423
201512 6.030 99.947 7.617
201603 9.648 101.054 12.054
201606 10.630 102.002 13.158
201609 8.666 101.765 10.752
201612 2.716 101.449 3.380
201703 7.908 102.634 9.728
201706 8.784 103.029 10.764
201709 6.132 103.345 7.492
201712 9.260 103.345 11.313
201803 6.111 105.004 7.348
201806 7.274 105.557 8.700
201809 6.455 105.636 7.715
201812 8.845 105.399 10.595
201903 12.525 106.979 14.782
201906 11.299 107.690 13.247
201909 11.083 107.611 13.003
201912 9.911 107.769 11.611
202003 7.085 107.927 8.288
202006 16.894 108.401 19.677
202009 10.930 108.164 12.758
202012 12.692 108.559 14.761
202103 1.715 110.298 1.963
202106 14.585 111.720 16.483
202109 9.692 112.905 10.838
202112 15.231 113.774 16.902
202203 7.026 117.646 7.540
202206 -8.236 120.806 -8.608
202209 3.499 120.648 3.662
202212 0.411 120.964 0.429
202303 13.247 122.702 13.631
202306 6.566 124.203 6.675
202309 0.179 125.230 0.180
202312 21.720 125.072 21.926
202403 7.630 126.258 7.630

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


Sun Life Financial  (STU:LIE) 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.

Sun Life Financial's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.00/38.03
=1.24

* 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 Sun Life Financial was 1.53. The lowest was 0.75. And the median was 1.22.


Be Aware

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


Sun Life Financial Cyclically Adjusted Revenue per Share Related Terms

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


Sun Life Financial (STU:LIE) Business Description

Industry
Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

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