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Watania International Holding PJSC (DFM:WATANIA) Cyclically Adjusted PS Ratio : 0.23 (As of May. 26, 2024)


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What is Watania International Holding PJSC Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Watania International Holding PJSC's current share price is د.إ0.555. Watania International Holding PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was د.إ2.40. Watania International Holding PJSC's Cyclically Adjusted PS Ratio for today is 0.23.

The historical rank and industry rank for Watania International Holding PJSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

DFM:WATANIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.31   Max: 0.43
Current: 0.23

During the past years, Watania International Holding PJSC's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.23. And the median was 0.31.

DFM:WATANIA's Cyclically Adjusted PS Ratio is ranked better than
92.17% of 396 companies
in the Insurance industry
Industry Median: 1.035 vs DFM:WATANIA: 0.23

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.

Watania International Holding PJSC's adjusted revenue per share data for the three months ended in Mar. 2024 was د.إ0.528. 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 د.إ2.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watania International Holding PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Watania International Holding 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.

* Premium members only.

Watania International Holding PJSC Cyclically Adjusted PS Ratio Chart

Watania International Holding PJSC 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 - - - 0.34 0.26

Watania International Holding PJSC 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 0.33 0.34 0.26 0.26 0.24

Competitive Comparison of Watania International Holding PJSC's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Watania International Holding 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.


Watania International Holding PJSC's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Watania International Holding PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Watania International Holding PJSC's Cyclically Adjusted PS Ratio falls into.



Watania International Holding 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.

Watania International Holding PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.555/2.4
=0.23

* 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.

Watania International Holding PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Watania International Holding PJSC'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)
=0.528/131.7762*131.7762
=0.528

Current CPI (Mar. 2024) = 131.7762.

Watania International Holding PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.212 99.695 0.280
201409 0.249 100.428 0.327
201412 0.296 99.070 0.394
201503 0.255 99.621 0.337
201506 0.328 100.684 0.429
201509 0.324 100.392 0.425
201512 0.328 99.792 0.433
201603 0.312 100.470 0.409
201606 0.367 101.688 0.476
201609 0.393 101.861 0.508
201612 0.326 101.863 0.422
201703 0.410 102.862 0.525
201706 0.436 103.349 0.556
201709 0.424 104.136 0.537
201712 0.362 104.011 0.459
201803 0.347 105.290 0.434
201806 0.324 106.317 0.402
201809 0.308 106.507 0.381
201812 0.295 105.998 0.367
201903 0.273 107.251 0.335
201906 0.270 108.070 0.329
201909 0.285 108.329 0.347
201912 0.438 108.420 0.532
202003 0.487 108.902 0.589
202006 0.548 108.767 0.664
202009 0.882 109.815 1.058
202012 1.178 109.897 1.413
202103 0.877 111.754 1.034
202106 1.092 114.631 1.255
202109 0.853 115.734 0.971
202112 0.980 117.630 1.098
202203 0.956 121.301 1.039
202206 0.419 125.017 0.442
202209 0.280 125.227 0.295
202212 1.118 125.222 1.177
202303 0.670 127.348 0.693
202306 0.665 128.729 0.681
202309 0.537 129.860 0.545
202312 0.894 129.419 0.910
202403 0.528 131.776 0.528

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.


Watania International Holding PJSC  (DFM: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.


Watania International Holding PJSC Cyclically Adjusted PS Ratio Related Terms

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Watania International Holding PJSC (DFM:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE
Watania International Holding PJSC Formerly Dar Al Takaful PJSC is an Islamic Insurance company providing insurance services. The group mainly issues long-term and short-term takaful contracts in connection with life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The company offers a broad range of takaful general and customized Islamic insurance products and services to individuals, families, and companies in the UAE. Its main business segments include general, family life, and medical insurance. The group also invests its funds in investment securities.

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