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Gjensidige Forsikring ASA PS Ratio

: 3.27 (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, Gjensidige Forsikring ASA's share price is $24.04. Gjensidige Forsikring ASA's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $7.35. Hence, Gjensidige Forsikring ASA's PS Ratio for today is 3.27.

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

OTCPK:GJNSY' s PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.51   Max: 3.64
Current: 3.22

1.33
3.64

During the past 13 years, Gjensidige Forsikring ASA's highest PS Ratio was 3.64. The lowest was 1.33. And the median was 2.51.

OTCPK:GJNSY's PS Ratio is ranked lower than
75% of the 175 Companies
in the Insurance industry.

( Industry Median: 1.18 vs. OTCPK:GJNSY: 3.22 )

Gjensidige Forsikring ASA's Revenue per Sharefor the three months ended in Jun. 2021 was $1.94. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $7.35.

During the past 12 months, the average Revenue per Share Growth Rate of Gjensidige Forsikring ASA was 15.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.40% per year.

During the past 13 years, Gjensidige Forsikring ASA's highest 3-Year average Revenue per Share Growth Rate was 32.50% per year. The lowest was -14.80% per year. And the median was 2.65% per year.

Back to Basics: PS Ratio


Gjensidige Forsikring ASA PS Ratio Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 2.86 2.65 3.13 3.25

Gjensidige Forsikring ASA Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 3.19 3.31 3.25 3.14 2.97

Competitive Comparison

For the Insurance - Diversified subindustry, Gjensidige Forsikring ASA'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.

   

Gjensidige Forsikring ASA PS Ratio Distribution

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

* The bar in red indicates where Gjensidige Forsikring ASA's PS Ratio falls into.



Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=24.04/7.346
=3.27

Gjensidige Forsikring ASA's Share Price of today is $24.04.
Gjensidige Forsikring ASA's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.35.

* 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.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) 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.


Gjensidige Forsikring ASA PS Ratio Related Terms

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Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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