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MGIC Investment (STU:MGC) Cyclically Adjusted Revenue per Share : €3.34 (As of Mar. 2024)


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What is MGIC Investment 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.

MGIC Investment's adjusted revenue per share for the three months ended in Mar. 2024 was €0.992. 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 €3.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MGIC Investment's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -14.60% 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 MGIC Investment was 15.70% per year. The lowest was -20.20% per year. And the median was -4.85% per year.

As of today (2024-06-11), MGIC Investment's current stock price is €19.00. MGIC Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.34. MGIC Investment's Cyclically Adjusted PS Ratio of today is 5.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MGIC Investment was 6.28. The lowest was 0.38. And the median was 1.93.


MGIC Investment Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MGIC Investment'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.

MGIC Investment Cyclically Adjusted Revenue per Share Chart

MGIC Investment 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 4.18 3.20 3.30 3.25 3.23

MGIC Investment 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 3.20 3.22 3.42 3.23 3.34

Competitive Comparison of MGIC Investment's Cyclically Adjusted Revenue per Share

For the Insurance - Specialty subindustry, MGIC Investment'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.


MGIC Investment's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



MGIC Investment 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, MGIC Investment'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)
=0.992/131.7762*131.7762
=0.992

Current CPI (Mar. 2024) = 131.7762.

MGIC Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.412 100.560 0.540
201409 0.441 100.428 0.579
201412 0.473 99.070 0.629
201503 0.533 99.621 0.705
201506 0.493 100.684 0.645
201509 0.513 100.392 0.673
201512 0.507 99.792 0.669
201603 0.538 100.470 0.706
201606 0.526 101.688 0.682
201609 0.601 101.861 0.778
201612 0.545 101.863 0.705
201703 0.607 102.862 0.778
201706 0.594 103.349 0.757
201709 0.580 104.136 0.734
201712 0.586 104.011 0.742
201803 0.550 105.290 0.688
201806 0.621 106.317 0.770
201809 0.650 106.507 0.804
201812 0.659 105.998 0.819
201903 0.685 107.251 0.842
201906 0.687 108.070 0.838
201909 0.776 108.329 0.944
201912 0.758 108.420 0.921
202003 0.760 108.902 0.920
202006 0.769 108.767 0.932
202009 0.704 109.815 0.845
202012 0.698 109.897 0.837
202103 0.702 111.754 0.828
202106 0.693 114.631 0.797
202109 0.711 115.734 0.810
202112 0.768 117.630 0.860
202203 0.824 121.301 0.895
202206 0.884 125.017 0.932
202209 0.963 125.227 1.013
202212 0.920 125.222 0.968
202303 0.900 127.348 0.931
202306 0.927 128.729 0.949
202309 0.973 129.860 0.987
202312 0.934 129.419 0.951
202403 0.992 131.776 0.992

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


MGIC Investment  (STU:MGC) 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.

MGIC Investment's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.00/3.34
=5.69

* 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 MGIC Investment was 6.28. The lowest was 0.38. And the median was 1.93.


Be Aware

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


MGIC Investment Cyclically Adjusted Revenue per Share Related Terms

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


MGIC Investment (STU:MGC) Business Description

Industry
Traded in Other Exchanges
Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

MGIC Investment (STU:MGC) Headlines

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