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Islamic Arab Insurance Co (DFM:SALAMA) Cyclically Adjusted PS Ratio : 0.41 (As of Apr. 27, 2024)


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What is Islamic Arab Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Islamic Arab Insurance Co's current share price is د.إ0.395. Islamic Arab Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was د.إ0.96. Islamic Arab Insurance Co's Cyclically Adjusted PS Ratio for today is 0.41.

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

DFM:SALAMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.65   Max: 1.06
Current: 0.41

During the past years, Islamic Arab Insurance Co's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.01. And the median was 0.65.

DFM:SALAMA's Cyclically Adjusted PS Ratio is ranked better than
79.7% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs DFM:SALAMA: 0.41

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.

Islamic Arab Insurance Co's adjusted revenue per share data for the three months ended in Dec. 2023 was د.إ0.019. 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 د.إ0.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Islamic Arab Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Islamic Arab Insurance Co'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.

Islamic Arab Insurance Co Cyclically Adjusted PS Ratio Chart

Islamic Arab Insurance Co 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 0.62 0.94 0.92 0.73 0.57

Islamic Arab Insurance Co 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 0.73 0.65 0.72 0.68 0.57

Competitive Comparison of Islamic Arab Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Islamic Arab Insurance Co'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.


Islamic Arab Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Islamic Arab Insurance Co 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.

Islamic Arab Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.395/0.96
=0.41

* 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.

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

For example, Islamic Arab Insurance Co'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)
=0.019/129.4194*129.4194
=0.019

Current CPI (Dec. 2023) = 129.4194.

Islamic Arab Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.227 99.695 0.295
201406 0.179 100.560 0.230
201409 0.172 100.428 0.222
201412 0.163 99.070 0.213
201503 0.178 99.621 0.231
201506 0.196 100.684 0.252
201509 0.225 100.392 0.290
201512 0.237 99.792 0.307
201603 0.219 100.470 0.282
201606 0.162 101.688 0.206
201609 0.179 101.861 0.227
201612 0.164 101.863 0.208
201703 0.176 102.862 0.221
201706 0.173 103.349 0.217
201709 0.216 104.136 0.268
201712 0.124 104.011 0.154
201803 0.202 105.290 0.248
201806 0.203 106.317 0.247
201809 0.192 106.507 0.233
201812 0.239 105.998 0.292
201903 0.249 107.251 0.300
201906 0.229 108.070 0.274
201909 0.205 108.329 0.245
201912 0.239 108.420 0.285
202003 0.210 108.902 0.250
202006 0.211 108.767 0.251
202009 0.293 109.815 0.345
202012 0.175 109.897 0.206
202103 0.214 111.754 0.248
202106 0.194 114.631 0.219
202109 0.176 115.734 0.197
202112 0.182 117.630 0.200
202203 0.188 121.301 0.201
202206 -0.031 125.017 -0.032
202209 0.177 125.227 0.183
202212 0.353 125.222 0.365
202303 0.347 127.348 0.353
202306 0.388 128.729 0.390
202309 0.284 129.860 0.283
202312 0.019 129.419 0.019

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.


Islamic Arab Insurance Co  (DFM:SALAMA) 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.


Islamic Arab Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Islamic Arab Insurance Co (DFM:SALAMA) Business Description

Traded in Other Exchanges
N/A
Address
Oud Metha, Sheikh Rashid Road, 4th Floor, Block A, P.O. Box: 10214, Spectrum Building, Dubai, ARE
Islamic Arab Insurance Co is the Takaful (Islamic Insurance) and Re-Takaful insurance company. The Dubai-based company aims to provide Sharia-compliant Takaful solutions to customers. It offers insurance to both institutional and individual customers. It offers family takaful solutions, including whole life, term, savings, and investment plans; and auto takaful solutions, such as motor comprehensive, motor third party liability, and vehicle export insurance products. It also provides general takaful solutions, which include fire and allied perils, property all risk; travel insurance products; engineering insurance products; marine insurance products; public liability insurance products; accident insurance products. In addition, it offers group health plans; and reinsurance products.

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