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QBE Insurance Group (QBE Insurance Group) Cyclically Adjusted PS Ratio : 1.14 (As of Apr. 27, 2024)


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What is QBE Insurance Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), QBE Insurance Group's current share price is $11.56. QBE Insurance Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $10.15. QBE Insurance Group's Cyclically Adjusted PS Ratio for today is 1.14.

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

QBIEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.83   Max: 1.25
Current: 1.18

During the past 13 years, QBE Insurance Group's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.53. And the median was 0.83.

QBIEY's Cyclically Adjusted PS Ratio is ranked worse than
57.18% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs QBIEY: 1.18

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.

QBE Insurance Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $11.709. 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 $10.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


QBE Insurance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for QBE Insurance Group'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.

QBE Insurance Group Cyclically Adjusted PS Ratio Chart

QBE Insurance Group 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 0.91 0.61 0.80 0.90 0.99

QBE Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.80 - 0.90 - 0.99

Competitive Comparison of QBE Insurance Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, QBE Insurance Group'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.


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

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

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



QBE Insurance Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.56/10.15
=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.

QBE Insurance Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, QBE Insurance Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.709/125.6559*125.6559
=11.709

Current CPI (Dec23) = 125.6559.

QBE Insurance Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 11.249 99.002 14.278
201512 9.514 100.673 11.875
201612 8.526 102.159 10.487
201712 9.284 104.110 11.205
201812 9.243 105.967 10.960
201912 9.421 107.917 10.970
202012 8.296 108.846 9.577
202112 8.955 112.654 9.989
202212 9.042 121.477 9.353
202312 11.709 125.656 11.709

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.


QBE Insurance Group  (OTCPK:QBIEY) 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.


QBE Insurance Group Cyclically Adjusted PS Ratio Related Terms

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


QBE Insurance Group (QBE Insurance Group) Business Description

Traded in Other Exchanges
Address
388 George Street, Level 18, Sydney, NSW, AUS, 2000
QBE Insurance is an international property and casualty insurance company. It writes around 20% of its annual gross written premiums in its home region of Australia and New Zealand. Other key regions include North America and Europe. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.