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Tryg A/S (Tryg A/S) Cyclically Adjusted PS Ratio : 2.38 (As of Apr. 27, 2024)


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What is Tryg A/S Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Tryg A/S's current share price is $21.0707. Tryg A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.87. Tryg A/S's Cyclically Adjusted PS Ratio for today is 2.38.

The historical rank and industry rank for Tryg A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

TGVSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16   Med: 2.76   Max: 3.35
Current: 2.31

During the past years, Tryg A/S's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 2.16. And the median was 2.76.

TGVSF's Cyclically Adjusted PS Ratio is ranked worse than
81.68% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs TGVSF: 2.31

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.

Tryg A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.274. 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 $8.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tryg A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tryg A/S'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.

Tryg A/S Cyclically Adjusted PS Ratio Chart

Tryg A/S 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 3.00 2.77 2.95 2.82 2.46

Tryg A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.52 2.49 2.17 2.46 2.38

Competitive Comparison of Tryg A/S's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Tryg A/S'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.


Tryg A/S's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tryg A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tryg A/S's Cyclically Adjusted PS Ratio falls into.



Tryg A/S 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.

Tryg A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.0707/8.87
=2.38

* 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.

Tryg A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tryg A/S'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)
=2.274/116.7000*116.7000
=2.274

Current CPI (Mar. 2024) = 116.7000.

Tryg A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.323 99.700 2.719
201409 2.066 99.700 2.418
201412 2.031 99.400 2.384
201503 1.765 100.200 2.056
201506 1.745 100.300 2.030
201509 1.614 100.200 1.880
201512 1.780 99.800 2.081
201603 1.719 100.200 2.002
201606 1.915 100.600 2.221
201609 1.896 100.200 2.208
201612 1.934 100.300 2.250
201703 1.835 101.200 2.116
201706 1.875 101.200 2.162
201709 2.023 101.800 2.319
201712 1.821 101.300 2.098
201803 1.808 101.700 2.075
201806 1.718 102.300 1.960
201809 1.815 102.400 2.068
201812 1.772 102.100 2.025
201903 2.153 102.900 2.442
201906 2.103 102.900 2.385
201909 2.067 102.900 2.344
201912 2.235 102.900 2.535
202003 2.243 103.300 2.534
202006 3.005 103.200 3.398
202009 3.051 103.500 3.440
202012 3.344 103.400 3.774
202103 3.002 104.300 3.359
202106 1.248 105.000 1.387
202109 1.492 105.800 1.646
202112 1.527 106.600 1.672
202203 1.353 109.900 1.437
202206 1.915 113.600 1.967
202209 1.814 116.400 1.819
202212 2.313 115.900 2.329
202303 2.316 117.300 2.304
202306 2.354 116.400 2.360
202309 1.964 117.400 1.952
202312 2.690 116.700 2.690
202403 2.274 116.700 2.274

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.


Tryg A/S  (OTCPK:TGVSF) 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.


Tryg A/S Cyclically Adjusted PS Ratio Related Terms

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


Tryg A/S (Tryg A/S) Business Description

Industry
Traded in Other Exchanges
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Tryg A/S is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. The company's private segment, which focuses on general insurance products and services for private individuals in Denmark and Norway, generates the vast majority of the company's revenue. The company generates most of its revenue in Denmark, followed by Norway and Sweden. The firm considers merger and acquisition investment as a component of its operational growth strategy.

Tryg A/S (Tryg A/S) Headlines

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