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Arab Insurance Group BSC (BAH:ARIG) Cyclically Adjusted PS Ratio : 1.14 (As of May. 16, 2024)


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What is Arab Insurance Group BSC Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Arab Insurance Group BSC's current share price is $1.045. Arab Insurance Group BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.92. Arab Insurance Group BSC's Cyclically Adjusted PS Ratio for today is 1.14.

The historical rank and industry rank for Arab Insurance Group BSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

BAH:ARIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.41   Max: 1.14
Current: 1.14

During the past years, Arab Insurance Group BSC's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.38. And the median was 0.41.

BAH:ARIG's Cyclically Adjusted PS Ratio is ranked worse than
55.8% of 405 companies
in the Insurance industry
Industry Median: 1.01 vs BAH:ARIG: 1.14

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.

Arab Insurance Group BSC's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.007. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arab Insurance Group BSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arab Insurance Group BSC's Cyclically Adjusted PS Ratio 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.

Arab Insurance Group BSC Cyclically Adjusted PS Ratio Chart

Arab Insurance Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.41 0.41 0.87

Arab Insurance Group BSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 0.41 0.42 0.51 0.55 0.87

Competitive Comparison of Arab Insurance Group BSC's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Arab Insurance Group BSC'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.


Arab Insurance Group BSC's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Arab Insurance Group BSC's Cyclically Adjusted PS Ratio falls into.



Arab Insurance Group BSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Arab Insurance Group BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.045/0.92
=1.14

* 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.

Arab Insurance Group BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Arab Insurance Group BSC's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.007/129.4194*129.4194
=0.007

Current CPI (Dec. 2023) = 129.4194.

Arab Insurance Group BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.358 99.695 0.465
201406 0.388 100.560 0.499
201409 0.278 100.428 0.358
201412 0.318 99.070 0.415
201503 0.306 99.621 0.398
201506 0.258 100.684 0.332
201509 0.196 100.392 0.253
201512 0.259 99.792 0.336
201603 0.237 100.470 0.305
201606 0.510 101.688 0.649
201609 0.226 101.861 0.287
201612 0.273 101.863 0.347
201703 0.233 102.862 0.293
201706 0.256 103.349 0.321
201709 0.256 104.136 0.318
201712 0.289 104.011 0.360
201803 0.304 105.290 0.374
201806 0.275 106.317 0.335
201809 0.281 106.507 0.341
201812 0.270 105.998 0.330
201903 0.334 107.251 0.403
201906 0.276 108.070 0.331
201909 0.200 108.329 0.239
201912 0.199 108.420 0.238
202003 0.143 108.902 0.170
202006 0.090 108.767 0.107
202009 0.072 109.815 0.085
202012 0.069 109.897 0.081
202103 0.031 111.754 0.036
202106 0.034 114.631 0.038
202109 0.026 115.734 0.029
202112 0.013 117.630 0.014
202203 -0.004 121.301 -0.004
202206 0.006 125.017 0.006
202209 -0.007 125.227 -0.007
202212 0.016 125.222 0.017
202303 0.019 127.348 0.019
202306 0.021 128.729 0.021
202309 0.016 129.860 0.016
202312 0.007 129.419 0.007

Add all the adjusted revenue per share together and divide 10 will get our 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.


Arab Insurance Group BSC  (BAH:ARIG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Arab Insurance Group BSC Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Arab Insurance Group BSC's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arab Insurance Group BSC (BAH:ARIG) Business Description

Traded in Other Exchanges
N/A
Address
Arig House, Road 1702, P.O. Box 26992, Building 131, Diplomatic Area 317, Manama, BHR
Arab Insurance Group BSC is an international insurance company. The company is involved in the provision of general (non-life) and life reinsurance and related service activities. Its Non-Life business consists of property; engineering; marine; accident; whole account and others. Life business mainly involves short term and long term policies. The company derives a majority of revenue from the non-life segment.

Arab Insurance Group BSC (BAH:ARIG) Headlines

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