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American Financial Group (American Financial Group) Cyclically Adjusted PS Ratio : 1.47 (As of Apr. 30, 2024)


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What is American Financial Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), American Financial Group's current share price is $127.53. American Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $86.61. American Financial Group's Cyclically Adjusted PS Ratio for today is 1.47.

The historical rank and industry rank for American Financial Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

AFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.48   Max: 1.99
Current: 1.47

During the past years, American Financial Group's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 0.77. And the median was 1.48.

AFG's Cyclically Adjusted PS Ratio is ranked worse than
66.91% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs AFG: 1.47

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.

American Financial Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $24.863. 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 $86.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Financial Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American Financial Group'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.

American Financial Group Cyclically Adjusted PS Ratio Chart

American Financial Group 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 1.64 1.27 1.81 1.67 1.37

American Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.67 1.45 1.39 1.29 1.37

Competitive Comparison of American Financial Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, American Financial Group'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.


American Financial Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where American Financial Group's Cyclically Adjusted PS Ratio falls into.



American Financial Group 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.

American Financial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.53/86.61
=1.47

* 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.

American Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American Financial Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.863/129.4194*129.4194
=24.863

Current CPI (Dec. 2023) = 129.4194.

American Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.221 99.695 17.163
201406 15.197 100.560 19.558
201409 17.393 100.428 22.414
201412 17.249 99.070 22.533
201503 14.508 99.621 18.848
201506 17.240 100.684 22.160
201509 18.891 100.392 24.353
201512 18.098 99.792 23.471
201603 16.667 100.470 21.469
201606 17.885 101.688 22.762
201609 19.266 101.861 24.478
201612 19.561 101.863 24.853
201703 17.648 102.862 22.204
201706 18.330 103.349 22.954
201709 20.389 104.136 25.339
201712 20.067 104.011 24.969
201803 17.909 105.290 22.013
201806 20.209 106.317 24.600
201809 22.139 106.507 26.902
201812 16.876 105.998 20.605
201903 22.315 107.251 26.928
201906 21.538 108.070 25.793
201909 23.304 108.329 27.841
201912 0.099 108.420 0.118
202003 11.683 108.902 13.884
202006 16.122 108.767 19.183
202009 17.582 109.815 20.721
202012 18.530 109.897 21.822
202103 16.524 111.754 19.136
202106 17.056 114.631 19.256
202109 19.730 115.734 22.063
202112 19.518 117.630 21.474
202203 17.077 121.301 18.220
202206 17.151 125.017 17.755
202209 22.799 125.227 23.562
202212 22.368 125.222 23.118
202303 19.707 127.348 20.028
202306 21.268 128.729 21.382
202309 25.348 129.860 25.262
202312 24.863 129.419 24.863

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.


American Financial Group  (NYSE:AFG) 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.


American Financial Group Cyclically Adjusted PS Ratio Related Terms

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


American Financial Group (American Financial Group) Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.
Executives
Amy Y Murray director 3429 ARNOLD STREET, CINCINNATI OH 45202
William W Verity director 301 EAST FOURTH STREET, CINCINNATI OH 45202
Terry S Jacobs director 301 EAST FOURTH STREET, CINCINNATI OH 45202
Von Lehman John I director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
John B Berding director 301 E. FOURTH ST., 27TH FLOOR, CINCINNATI OH 45202
Mark A Weiss officer: Senior VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Michelle A Gillis officer: Sr. Vice President 301 E. FOURTH STREET, 39TH FLOOR, CINCINNATI OH 45202
Brian S. Hertzman other: principal financial officer 301 EAST FOURTH STREET, CINCINNATI OH 45202
Thompson David Lawrence Jr officer: President of Subsidiary 301 EAST FOURTH STREET, CINCINNATI OH 45202
James E Evans director, officer: Sr. V. Pres. & Gen. Counsel 301 E FOURTH STREET, CINCINNATI OH 45202
Lindner Carl H Iii director, officer: Co-President 14TH FLOOR PROVIDENT TOWER, ONE EAST FOURTH STREET, CINCINNATI OH 45202
S Craig Lindner director, officer: Co-President ONE EAST FOURTH STREET, CINCINNATI OH 45202
Vito C Peraino officer: Sr. VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Evans N Nwankwo director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
Kenneth C Ambrecht director 250 EAST FIFTH STREET, CINCINNATI OH 45202