The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Hannover Rueck SE's share price is €255.30.
Hannover Rueck SE's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was €16.37. Hence, Hannover Rueck SE's PS Ratio for today is 15.60.
The historical rank and industry rank for Hannover Rueck SE's PS Ratio or its related term are showing as below:
WBO:HNR1'
s PS Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.78 Max: 160.51
Current: 15.62
During the past 13 years, Hannover Rueck SE's highest PS Ratio was 160.51. The lowest was 0.60. And the median was 0.78.
WBO:HNR1's PS Ratio is ranked worse than 98.12% of 478
companies
in the Insurance industry
Industry Median: 1.035
vs WBO:HNR1: 15.62
Hannover Rueck SE revenue per share has been in decline for the last 5 years.
During the past 3 years, the average Revenue per Share Growth Rate was -63.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -47.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -16.10% per year.
During the past 13 years, Hannover Rueck SE's highest 3-Year average Revenue per Share Growth Rate was 16.30% per year. The lowest was -63.50% per year. And the median was 6.85% per year.
Back to Basics: PS Ratio
Hannover Rueck SE PS Ratio Historical Data
The historical data trend for Hannover Rueck SE's 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.
Competitive Comparison of Hannover Rueck SE's PS Ratio
For the Insurance - Reinsurance subindustry, Hannover Rueck SE's PS Ratio, along with its competitors' market caps and 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.
Hannover Rueck SE's PS Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Hannover Rueck SE's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hannover Rueck SE's PS Ratio falls into.
Hannover Rueck SE PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Hannover Rueck SE's Share Price of today is €255.30. Hannover Rueck SE's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €16.37.
* 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.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Hannover Rueck SE PS Ratio Related Terms
Thank you for viewing the detailed overview of Hannover Rueck SE's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
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