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Union Insurance Co (ADX:UNION) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 12, 2024)


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What is Union Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Union Insurance Co's current share price is د.إ0.64. Union Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ1.43. Union Insurance Co's Cyclically Adjusted PS Ratio for today is 0.45.

The historical rank and industry rank for Union Insurance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ADX:UNION' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.42   Max: 0.49
Current: 0.45

During the past years, Union Insurance Co's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.34. And the median was 0.42.

ADX:UNION's Cyclically Adjusted PS Ratio is ranked better than
76.6% of 406 companies
in the Insurance industry
Industry Median: 0.975 vs ADX:UNION: 0.45

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.

Union Insurance Co's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ0.193. 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 د.إ1.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Union Insurance Co'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.

Union Insurance Co Cyclically Adjusted PS Ratio Chart

Union Insurance Co 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 - - - - 0.46

Union Insurance Co 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 0.36 0.43 0.48 0.46 0.38

Competitive Comparison of Union Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Union Insurance Co'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.


Union Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Union Insurance Co's Cyclically Adjusted PS Ratio falls into.



Union Insurance Co 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.

Union Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.64/1.43
=0.45

* 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.

Union Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Union Insurance Co'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)
=0.193/131.7762*131.7762
=0.193

Current CPI (Mar. 2024) = 131.7762.

Union Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.339 99.695 0.448
201409 0.169 100.428 0.222
201412 0.364 99.070 0.484
201503 0.157 99.621 0.208
201506 0.245 100.684 0.321
201509 0.220 100.392 0.289
201512 0.300 99.792 0.396
201603 0.306 100.470 0.401
201606 0.290 101.688 0.376
201609 0.324 101.861 0.419
201612 0.348 101.863 0.450
201703 0.333 102.862 0.427
201706 0.409 103.349 0.521
201709 0.426 104.136 0.539
201712 0.412 104.011 0.522
201803 0.408 105.290 0.511
201806 0.376 106.317 0.466
201809 0.430 106.507 0.532
201812 0.331 105.998 0.411
201903 0.355 107.251 0.436
201906 0.399 108.070 0.487
201909 0.379 108.329 0.461
201912 0.285 108.420 0.346
202003 0.333 108.902 0.403
202006 0.314 108.767 0.380
202009 0.320 109.815 0.384
202012 0.280 109.897 0.336
202103 0.283 111.754 0.334
202106 0.289 114.631 0.332
202109 0.295 115.734 0.336
202112 0.285 117.630 0.319
202203 0.243 121.301 0.264
202206 0.218 125.017 0.230
202209 0.238 125.227 0.250
202212 0.152 125.222 0.160
202303 0.175 127.348 0.181
202306 0.150 128.729 0.154
202309 0.188 129.860 0.191
202312 0.198 129.419 0.202
202403 0.193 131.776 0.193

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.


Union Insurance Co  (ADX:UNION) 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.


Union Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Union Insurance Co (ADX:UNION) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE
Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

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