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FedNat Holding Co (FedNat Holding Co) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is FedNat Holding Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FedNat Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FedNat Holding 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.

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FedNat Holding Co Cyclically Adjusted PS Ratio Chart

FedNat Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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FedNat Holding Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of FedNat Holding Co's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, FedNat Holding 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.


FedNat Holding Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where FedNat Holding Co's Cyclically Adjusted PS Ratio falls into.



FedNat Holding 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.

FedNat Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, FedNat Holding Co's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=2.419/121.3010*121.3010
=2.419

Current CPI (Mar. 2022) = 121.3010.

FedNat Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 2.104 96.819 2.636
201209 2.146 97.633 2.666
201212 2.465 96.871 3.087
201303 2.691 98.209 3.324
201306 3.406 98.518 4.194
201309 3.824 98.790 4.695
201312 3.859 98.326 4.761
201403 4.393 99.695 5.345
201406 5.139 100.560 6.199
201409 3.195 100.428 3.859
201412 3.425 99.070 4.194
201503 3.825 99.621 4.657
201506 4.089 100.684 4.926
201509 5.194 100.392 6.276
201512 4.285 99.792 5.209
201603 4.910 100.470 5.928
201606 5.144 101.688 6.136
201609 5.846 101.861 6.962
201612 6.417 101.863 7.642
201703 6.863 102.862 8.093
201706 7.405 103.349 8.691
201709 7.514 104.136 8.753
201712 7.771 104.011 9.063
201803 7.190 105.290 8.283
201806 7.453 106.317 8.503
201809 8.612 106.507 9.808
201812 7.494 105.998 8.576
201903 7.909 107.251 8.945
201906 8.174 108.070 9.175
201909 7.713 108.329 8.637
201912 8.102 108.420 9.065
202003 8.084 108.902 9.004
202006 9.772 108.767 10.898
202009 7.099 109.815 7.842
202012 6.186 109.897 6.828
202103 3.664 111.754 3.977
202106 3.391 114.631 3.588
202109 3.825 115.734 4.009
202112 3.842 117.630 3.962
202203 2.419 121.301 2.419

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.


FedNat Holding Co  (OTCPK:FNHCQ) 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.


FedNat Holding Co Cyclically Adjusted PS Ratio Related Terms

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FedNat Holding Co (FedNat Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
14050 N.W. 14th Street, Suite 180, Sunrise, FL, USA, 33323
FedNat Holding Co is a provider of property and liability insurance products in the United States. It offers underwriting services to homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The segments of the company are Homeowners, Automobile and Other, of which a majority of the revenue is derived from the Homeowners segment. The Homeowners line of business consists of the homeowners and fire property and casualty insurance business.
Executives
David K. Patterson director 14050 N.W. 14TH STREET, SUITE 180, SUNRISE FL 33323
Roberta Nell Young director 23043 SUNFIELD DRIVE, BOCA RATON FL 33433
David W Michelson director 111 CONGRESSIONAL BLVD., SUITE 500, CARMEL IN 46032
Ronald Arthur Jordan officer: Chief Financial Officer 5817 CRUTCHFIELD FARM RD, OAK RIDGE NC 27310
Erick Anthony Fernandez officer: CAO 1537 MANTUA AVENUE, CORAL GABLES FL 33146
Thomas Alexander Rogers director 466 ROLLING ROAD, ROSEMONT PA 19010
Patrick Mccahill officer: Chief Operating Officer 14050 NW 14TH STREET, SUITE 180, SUNRISE FL 33323
Michael H Braun director, officer: Chief Executive Officer & Pres 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
Bruce Simberg director, other: Chairman of the Board 3440 HOLLYWOOD BLVD 2ND FL, HOLLYWOOD FL 33021
Wilcox Richard W Jr director 7220 SW 6 STREET, PLANTATION FL 33317
Jenifer G Kimbrough director 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
William Gorman Stewart director 4024 STEWART ROAD, BOX 159, STEVENSON MD 21153
Hale Partnership Fund, L.p. 10 percent owner 3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Steven A Ii 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210