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Old Republic International (FRA:ORJ) Cyclically Adjusted Revenue per Share : €24.88 (As of Dec. 2023)


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What is Old Republic International Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Old Republic International's adjusted revenue per share for the three months ended in Dec. 2023 was €6.404. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €24.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Old Republic International's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Old Republic International was 9.70% per year. The lowest was 0.90% per year. And the median was 4.60% per year.

As of today (2024-04-27), Old Republic International's current stock price is €27.86. Old Republic International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €24.88. Old Republic International's Cyclically Adjusted PS Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Old Republic International was 1.16. The lowest was 0.63. And the median was 0.98.


Old Republic International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Old Republic International's Cyclically Adjusted Revenue per Share 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.

Old Republic International Cyclically Adjusted Revenue per Share Chart

Old Republic International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.27 17.92 21.58 24.93 24.88

Old Republic International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 24.93 24.13 24.80 26.20 24.88

Competitive Comparison of Old Republic International's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Old Republic International'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.


Old Republic International's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Old Republic International's Cyclically Adjusted PS Ratio falls into.



Old Republic International Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Old Republic International'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)
=6.404/129.4194*129.4194
=6.404

Current CPI (Dec. 2023) = 129.4194.

Old Republic International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.511 99.695 4.558
201406 3.327 100.560 4.282
201409 3.658 100.428 4.714
201412 3.776 99.070 4.933
201503 4.158 99.621 5.402
201506 4.243 100.684 5.454
201509 4.654 100.392 6.000
201512 4.582 99.792 5.942
201603 4.294 100.470 5.531
201606 4.335 101.688 5.517
201609 4.496 101.861 5.712
201612 4.944 101.863 6.281
201703 4.529 102.862 5.698
201706 4.471 103.349 5.599
201709 4.477 104.136 5.564
201712 4.832 104.011 6.012
201803 3.859 105.290 4.743
201806 4.636 106.317 5.643
201809 5.077 106.507 6.169
201812 4.438 105.998 5.419
201903 5.509 107.251 6.648
201906 4.839 108.070 5.795
201909 5.335 108.329 6.374
201912 6.490 108.420 7.747
202003 2.302 108.902 2.736
202006 6.044 108.767 7.192
202009 5.560 109.815 6.553
202012 6.671 109.897 7.856
202103 6.600 111.754 7.643
202106 6.186 114.631 6.984
202109 5.634 115.734 6.300
202112 7.870 117.630 8.659
202203 6.559 121.301 6.998
202206 5.636 125.017 5.834
202209 5.724 125.227 5.916
202212 7.454 125.222 7.704
202303 5.586 127.348 5.677
202306 5.765 128.729 5.796
202309 5.891 129.860 5.871
202312 6.404 129.419 6.404

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Old Republic International  (FRA:ORJ) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Old Republic International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.86/24.88
=1.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Old Republic International was 1.16. The lowest was 0.63. And the median was 0.98.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Old Republic International Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Old Republic International's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Republic International (FRA:ORJ) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.

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