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National Takaful Co (Watania) PJSC (ADX:WATANIA) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is National Takaful Co (Watania) PJSC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


National Takaful Co (Watania) PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Takaful Co (Watania) PJSC'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.

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National Takaful Co (Watania) PJSC Cyclically Adjusted PS Ratio Chart

National Takaful Co (Watania) PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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National Takaful Co (Watania) PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of National Takaful Co (Watania) PJSC's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, National Takaful Co (Watania) PJSC'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.


National Takaful Co (Watania) PJSC's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Takaful Co (Watania) PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Takaful Co (Watania) PJSC's Cyclically Adjusted PS Ratio falls into.



National Takaful Co (Watania) PJSC 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.

National Takaful Co (Watania) PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, National Takaful Co (Watania) PJSC's adjusted Revenue per Share data for the three months ended in Dec. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.416/117.6295*117.6295
=0.416

Current CPI (Dec. 2021) = 117.6295.

National Takaful Co (Watania) PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.010 96.783 0.012
201206 0.018 96.819 0.022
201209 0.024 97.633 0.029
201212 0.058 96.871 0.070
201303 0.041 98.209 0.049
201306 0.059 98.518 0.070
201309 0.112 98.790 0.133
201312 0.187 98.326 0.224
201403 0.168 99.695 0.198
201406 0.182 100.560 0.213
201409 0.158 100.428 0.185
201412 0.095 99.070 0.113
201503 0.174 99.621 0.205
201506 0.226 100.684 0.264
201509 0.179 100.392 0.210
201512 0.225 99.792 0.265
201603 0.161 100.470 0.188
201606 0.132 101.688 0.153
201609 0.151 101.861 0.174
201612 0.253 101.863 0.292
201703 0.213 102.862 0.244
201706 0.274 103.349 0.312
201709 0.273 104.136 0.308
201712 0.261 104.011 0.295
201803 0.333 105.290 0.372
201806 0.334 106.317 0.370
201809 0.349 106.507 0.385
201812 0.309 105.998 0.343
201903 0.309 107.251 0.339
201906 0.345 108.070 0.376
201909 0.347 108.329 0.377
201912 0.360 108.420 0.391
202003 0.399 108.902 0.431
202006 0.390 108.767 0.422
202009 0.366 109.815 0.392
202012 0.338 109.897 0.362
202103 0.360 111.754 0.379
202106 0.352 114.631 0.361
202109 0.341 115.734 0.347
202112 0.416 117.630 0.416

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.


National Takaful Co (Watania) PJSC  (ADX:WATANIA) 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.


National Takaful Co (Watania) PJSC Cyclically Adjusted PS Ratio Related Terms

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National Takaful Co (Watania) PJSC (ADX:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE
National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.

National Takaful Co (Watania) PJSC (ADX:WATANIA) Headlines

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