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Markel Group (BSP:MKLC34) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 07, 2024)


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What is Markel Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Markel Group's current share price is R$378.86. Markel Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$193.13. Markel Group's Cyclically Adjusted PS Ratio for today is 1.96.

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

BSP:MKLC34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.47   Max: 3.51
Current: 2.06

During the past years, Markel Group's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 1.73. And the median was 2.47.

BSP:MKLC34's Cyclically Adjusted PS Ratio is ranked worse than
78.84% of 397 companies
in the Insurance industry
Industry Median: 1 vs BSP:MKLC34: 2.06

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.

Markel Group's adjusted revenue per share data for the three months ended in Mar. 2024 was R$85.491. 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 R$193.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Markel 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.

Markel Group Cyclically Adjusted PS Ratio Chart

Markel 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 2.73 2.21 2.19 2.04 1.92

Markel Group 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 1.90 1.97 2.04 1.92 1.96

Competitive Comparison of Markel Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Markel 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.


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

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

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



Markel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=378.86/193.13
=1.96

* 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.

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

For example, Markel Group'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)
=85.491/131.7762*131.7762
=85.491

Current CPI (Mar. 2024) = 131.7762.

Markel Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.014 100.560 13.123
201409 10.805 100.428 14.178
201412 12.547 99.070 16.689
201503 14.544 99.621 19.238
201506 14.445 100.684 18.906
201509 18.636 100.392 24.462
201512 19.581 99.792 25.857
201603 18.080 100.470 23.714
201606 16.718 101.688 21.665
201609 16.529 101.861 21.383
201612 17.007 101.863 22.001
201703 15.718 102.862 20.136
201706 17.423 103.349 22.215
201709 16.882 104.136 21.363
201712 19.608 104.011 24.842
201803 18.280 105.290 22.879
201806 28.021 106.317 34.731
201809 33.017 106.507 40.851
201812 15.106 105.998 18.780
201903 33.804 107.251 41.534
201906 34.214 108.070 41.719
201909 30.999 108.329 37.708
201912 37.285 108.420 45.317
202003 7.674 108.902 9.286
202006 58.279 108.767 70.607
202009 55.528 109.815 66.633
202012 60.447 109.897 72.481
202103 59.469 111.754 70.123
202106 63.480 114.631 72.974
202109 52.375 115.734 59.635
202112 77.711 117.630 87.057
202203 47.920 121.301 52.058
202206 35.178 125.017 37.080
202209 61.322 125.227 64.529
202212 79.827 125.222 84.005
202303 69.779 127.348 72.205
202306 74.692 128.729 76.460
202309 63.180 129.860 64.113
202312 84.055 129.419 85.586
202403 85.491 131.776 85.491

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.


Markel Group  (BSP:MKLC34) 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.


Markel Group Cyclically Adjusted PS Ratio Related Terms

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


Markel Group (BSP:MKLC34) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

Markel Group (BSP:MKLC34) Headlines

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