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Allianz SE (BSE:ALV) Cyclically Adjusted PS Ratio : 0.95 (As of Jun. 06, 2024)


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What is Allianz SE Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Allianz SE's current share price is lei1336.40. Allianz SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei1,409.47. Allianz SE's Cyclically Adjusted PS Ratio for today is 0.95.

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

BSE:ALV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.02
Current: 0.92

During the past years, Allianz SE's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.40. And the median was 0.77.

BSE:ALV's Cyclically Adjusted PS Ratio is ranked better than
54.55% of 396 companies
in the Insurance industry
Industry Median: 1 vs BSE:ALV: 0.92

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.

Allianz SE's adjusted revenue per share data for the three months ended in Mar. 2024 was lei465.195. 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 lei1,409.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Cyclically Adjusted PS Ratio Chart

Allianz SE 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 0.96 0.88 0.79 0.72 0.84

Allianz SE 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 0.74 0.74 0.77 0.84 0.95

Competitive Comparison of Allianz SE's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Allianz SE's Cyclically Adjusted PS Ratio falls into.



Allianz SE 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.

Allianz SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1336.40/1409.47
=0.95

* 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.

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

For example, Allianz SE'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)
=465.195/125.0381*125.0381
=465.195

Current CPI (Mar. 2024) = 125.0381.

Allianz SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 349.519 99.543 439.040
201409 328.657 99.823 411.677
201412 319.434 99.543 401.250
201503 321.462 99.717 403.092
201506 296.482 100.417 369.177
201509 274.100 100.417 341.307
201512 300.280 99.717 376.531
201603 300.609 100.017 375.813
201606 283.566 100.717 352.042
201609 312.538 101.017 386.858
201612 161.920 101.217 200.028
201703 290.287 101.417 357.898
201706 304.475 102.117 372.817
201709 346.377 102.717 421.647
201712 158.935 102.617 193.661
201803 340.510 102.917 413.699
201806 331.302 104.017 398.255
201809 386.279 104.718 461.237
201812 46.971 104.217 56.355
201903 339.521 104.217 407.351
201906 336.956 105.718 398.537
201909 332.832 106.018 392.545
201912 74.342 105.818 87.845
202003 290.347 105.718 343.410
202006 352.700 106.618 413.636
202009 361.383 105.818 427.024
202012 427.241 105.518 506.280
202103 387.002 107.518 450.065
202106 368.542 108.486 424.773
202109 378.387 109.435 432.338
202112 1,140.058 110.384 1,291.413
202203 260.395 113.968 285.688
202206 144.676 115.760 156.271
202209 290.424 118.818 305.628
202212 390.365 119.345 408.987
202303 376.080 122.402 384.178
202306 386.983 123.140 392.947
202309 311.625 124.195 313.741
202312 198.302 123.773 200.329
202403 465.195 125.038 465.195

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.


Allianz SE  (BSE:ALV) 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.


Allianz SE Cyclically Adjusted PS Ratio Related Terms

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


Allianz SE (BSE:ALV) Business Description

Industry
Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.