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Assurant (NYSE:AIZ) PS Ratio

: 0.60 (As of Today)
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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, Assurant's share price is $111.19. Assurant's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was $186.28. Hence, Assurant's PS Ratio for today is 0.60.

Good Sign:

Assurant Inc stock PS Ratio (=0.56) is close to 5-year low of 0.56

The historical rank and industry rank for Assurant's PS Ratio or its related term are showing as below:

AIZ' s PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.71   Max: 1.09
Current: 0.57

During the past 13 years, Assurant's highest PS Ratio was 1.09. The lowest was 0.34. And the median was 0.71.

AIZ's PS Ratio is ranked better than
70.16% of 486 companies
in the Insurance industry
Industry Median: 0.93 vs AIZ: 0.57

Assurant's Revenue per Sharefor the three months ended in Dec. 2022 was $49.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was $186.28.

During the past 12 months, the average Revenue per Share Growth Rate of Assurant was 9.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.70% per year.

During the past 13 years, Assurant's highest 3-Year average Revenue per Share Growth Rate was 18.90% per year. The lowest was -7.00% per year. And the median was 6.10% per year.

Back to Basics: PS Ratio


Assurant PS Ratio Historical Data

The historical data trend for Assurant'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.

* Premium members only.

Assurant Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.86 0.90 0.92 0.67

Assurant Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.92 1.04 0.97 0.80 0.67

Competitive Comparison

For the Insurance - Specialty subindustry, Assurant'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.

   

Assurant PS Ratio Distribution

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

* The bar in red indicates where Assurant's PS Ratio falls in comparison to its industry or sector. The grey bar indicates the PS Ratio's extreme value range as defined by GuruFocus.



Assurant 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.

Assurant's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=111.19/186.282
=0.60

Assurant's Share Price of today is $111.19.
Assurant's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $186.28.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Assurant  (NYSE:AIZ) PS Ratio Explanation

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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Assurant PS Ratio Related Terms

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


Assurant (NYSE:AIZ) Business Description

Assurant logo
Traded in Other Exchanges
Address
55 Broadway, Suite 2901, New York, NY, USA, 10006
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing segment, the key revenue-generating segment, provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.
Executives
Sari Beth Granat director C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Keith Meier officer: EVP, COO C/O ASSURANT, INC., 55 BROADWAY, SUITE 2901, NEW YORK NY 10006
Dimitry Dirienzo officer: SVP, CAO, Controller C/O ASSURANT, INC., 28 LIBERTY ST. 41 F., NEW YORK NY 10005
Jay Rosenblum officer: EVP and CLO C/O ASSURANT, INC., 28 LIBERTY ST, 41ST FL., NEW YORK NY 10005
Francesca Luthi officer: EVP, CAO 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Paget Leonard Alves director SPRINT NEXTEL, 6200 SPRINT PARKWAY KSOPHF0410 - 4A403, OVERLAND PARK KS 66251
Ognjen Redzic director C/O ASSURANT, INC., 28 LIBERTY STREET, 41ST FL., NEW YORK NY 10005
Tammy L. Schultz officer: EVP C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Robert Lonergan officer: EVP, other: Chief Strategy Officer C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Michael P. Campbell officer: EVP C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Keith Demmings officer: EVP C/O ASSURANT, INC.,28 LIBERTY STREET, NEW YORK NY 10005
Peter Mcgoohan director 301 COMMERCE STREET,SUITE 3300, FORT WORTH TX 76102
Eric W Leathers director 54 THOMPSON ST, NEW YORK NY 10012
Tpg Advisors Vi-aiv, Inc. 10 percent owner 301 COMMERCE STREET, FORT WORTH TX 76102

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