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Genworth Financial (FRA:GGK) Cyclically Adjusted PS Ratio : 0.35 (As of May. 05, 2024)


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What is Genworth Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-05), Genworth Financial's current share price is €6.05. Genworth Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €17.34. Genworth Financial's Cyclically Adjusted PS Ratio for today is 0.35.

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

FRA:GGK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.22   Max: 0.79
Current: 0.34

During the past years, Genworth Financial's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.08. And the median was 0.22.

FRA:GGK's Cyclically Adjusted PS Ratio is ranked better than
84.94% of 405 companies
in the Insurance industry
Industry Median: 0.98 vs FRA:GGK: 0.34

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.

Genworth Financial's adjusted revenue per share data for the three months ended in Dec. 2023 was €3.765. 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 €17.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genworth Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Genworth Financial'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.

Genworth Financial Cyclically Adjusted PS Ratio Chart

Genworth Financial 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 0.23 0.20 0.21 0.28 0.35

Genworth Financial 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 0.26 0.26 0.31 0.35 -

Competitive Comparison of Genworth Financial's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Genworth Financial'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.


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

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

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



Genworth Financial 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.05/17.34
=0.35

* 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.

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

For example, Genworth Financial'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)
=3.765/129.4194*129.4194
=3.765

Current CPI (Dec. 2023) = 129.4194.

Genworth Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.340 99.695 4.336
201406 3.206 100.560 4.126
201409 3.422 100.428 4.410
201412 3.642 99.070 4.758
201503 3.954 99.621 5.137
201506 3.849 100.684 4.948
201509 3.762 100.392 4.850
201512 3.977 99.792 5.158
201603 3.210 100.470 4.135
201606 3.977 101.688 5.062
201609 3.844 101.861 4.884
201612 4.170 101.863 5.298
201703 4.052 102.862 5.098
201706 3.947 103.349 4.943
201709 3.705 104.136 4.605
201712 1.522 104.011 1.894
201803 3.401 105.290 4.180
201806 3.680 106.317 4.480
201809 3.319 106.507 4.033
201812 3.479 105.998 4.248
201903 3.531 107.251 4.261
201906 3.488 108.070 4.177
201909 3.577 108.329 4.273
201912 2.924 108.420 3.490
202003 3.318 108.902 3.943
202006 3.406 108.767 4.053
202009 3.796 109.815 4.474
202012 3.382 109.897 3.983
202103 3.190 111.754 3.694
202106 3.289 114.631 3.713
202109 3.324 115.734 3.717
202112 2.827 117.630 3.110
202203 3.248 121.301 3.465
202206 3.413 125.017 3.533
202209 3.589 125.227 3.709
202212 3.464 125.222 3.580
202303 3.410 127.348 3.465
202306 3.620 128.729 3.639
202309 3.619 129.860 3.607
202312 3.765 129.419 3.765

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.


Genworth Financial  (FRA:GGK) 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.


Genworth Financial Cyclically Adjusted PS Ratio Related Terms

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


Genworth Financial (FRA:GGK) Business Description

Traded in Other Exchanges
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.

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