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White Mountains Insurance Group (FRA:WNI) Cyclically Adjusted PS Ratio : 5.37 (As of Jun. 07, 2024)


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What is White Mountains Insurance Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), White Mountains Insurance Group's current share price is €1610.00. White Mountains Insurance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €299.72. White Mountains Insurance Group's Cyclically Adjusted PS Ratio for today is 5.37.

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

FRA:WNI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3.49   Max: 6.36
Current: 5.34

During the past years, White Mountains Insurance Group's highest Cyclically Adjusted PS Ratio was 6.36. The lowest was 1.30. And the median was 3.49.

FRA:WNI's Cyclically Adjusted PS Ratio is ranked worse than
93.2% of 397 companies
in the Insurance industry
Industry Median: 1 vs FRA:WNI: 5.34

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.

White Mountains Insurance Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €235.289. 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 €299.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


White Mountains Insurance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for White Mountains Insurance 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.

White Mountains Insurance Group Cyclically Adjusted PS Ratio Chart

White Mountains Insurance 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 4.78 4.37 4.34 5.79 4.87

White Mountains Insurance 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 5.38 5.27 5.46 4.87 5.47

Competitive Comparison of White Mountains Insurance Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, White Mountains Insurance 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.


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

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

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



White Mountains Insurance 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.

White Mountains Insurance Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1610.00/299.72
=5.37

* 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.

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

For example, White Mountains Insurance 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)
=235.289/131.7762*131.7762
=235.289

Current CPI (Mar. 2024) = 131.7762.

White Mountains Insurance Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 79.071 100.560 103.617
201409 41.176 100.428 54.029
201412 49.724 99.070 66.140
201503 61.153 99.621 80.892
201506 55.548 100.684 72.702
201509 44.792 100.392 58.795
201512 -98.593 99.792 -130.192
201603 60.439 100.470 79.271
201606 8.686 101.688 11.256
201609 10.519 101.861 13.608
201612 -1.162 101.863 -1.503
201703 18.402 102.862 23.575
201706 16.460 103.349 20.987
201709 17.298 104.136 21.889
201712 26.099 104.011 33.066
201803 9.203 105.290 11.518
201806 30.873 106.317 38.266
201809 54.248 106.507 67.119
201812 1.682 105.998 2.091
201903 122.209 107.251 150.155
201906 36.347 108.070 44.320
201909 44.938 108.329 54.664
201912 50.213 108.420 61.030
202003 -25.402 108.902 -30.738
202006 75.237 108.767 91.153
202009 127.531 109.815 153.035
202012 63.336 109.897 75.946
202103 48.790 111.754 57.531
202106 91.439 114.631 105.115
202109 -25.726 115.734 -29.292
202112 77.512 117.630 86.834
202203 79.423 121.301 86.282
202206 24.671 125.017 26.005
202209 135.515 125.227 142.603
202212 163.085 125.222 171.621
202303 195.666 127.348 202.470
202306 138.322 128.729 141.597
202309 192.971 129.860 195.819
202312 267.795 129.419 272.672
202403 235.289 131.776 235.289

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.


White Mountains Insurance Group  (FRA:WNI) 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.


White Mountains Insurance Group Cyclically Adjusted PS Ratio Related Terms

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


White Mountains Insurance Group (FRA:WNI) Business Description

Traded in Other Exchanges
Address
23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.

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