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SBI Life Insurance Company Limited (BOM:540719) Cyclically Adjusted PS Ratio : 2.16 (As of May. 24, 2024)


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What is SBI Life Insurance Company Limited Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SBI Life Insurance Company Limited's current share price is ₹1445.45. SBI Life Insurance Company Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹669.65. SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio for today is 2.16.

The historical rank and industry rank for SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:540719' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 2.23   Max: 2.51
Current: 2.14

During the past 12 years, SBI Life Insurance Company Limited's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 2.02. And the median was 2.23.

BOM:540719's Cyclically Adjusted PS Ratio is ranked worse than
79.19% of 394 companies
in the Insurance industry
Industry Median: 1.04 vs BOM:540719: 2.14

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.

SBI Life Insurance Company Limited's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹1,317.356. 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 ₹669.65 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBI Life Insurance Company Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SBI Life Insurance Company Limited'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.

SBI Life Insurance Company Limited Cyclically Adjusted PS Ratio Chart

SBI Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.43 2.02 2.24

SBI Life Insurance Company Limited 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 2.02 - - - 2.24

Competitive Comparison of SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, SBI Life Insurance Company Limited'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.


SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio falls into.



SBI Life Insurance Company Limited 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.

SBI Life Insurance Company Limited's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1445.45/669.65
=2.16

* 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.

SBI Life Insurance Company Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, SBI Life Insurance Company Limited's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1317.356/153.0345*153.0345
=1,317.356

Current CPI (Mar24) = 153.0345.

SBI Life Insurance Company Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 229.970 97.163 362.210
201603 189.534 102.518 282.927
201703 304.107 105.196 442.401
201803 339.610 109.786 473.392
201903 445.259 118.202 576.470
202003 437.208 124.705 536.529
202103 820.870 131.771 953.335
202203 828.263 138.822 913.061
202303 805.040 146.865 838.860
202403 1,317.356 153.035 1,317.356

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.


SBI Life Insurance Company Limited  (BOM:540719) 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.


SBI Life Insurance Company Limited Cyclically Adjusted PS Ratio Related Terms

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


SBI Life Insurance Company Limited (BOM:540719) Business Description

Traded in Other Exchanges
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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