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Employers Holdings (FRA:YGB) Cyclically Adjusted PS Ratio : 1.39 (As of May. 24, 2024)


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What is Employers Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Employers Holdings's current share price is €38.60. Employers Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.74. Employers Holdings's Cyclically Adjusted PS Ratio for today is 1.39.

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

FRA:YGB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.66   Max: 2.64
Current: 1.36

During the past years, Employers Holdings's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 1.16. And the median was 1.66.

FRA:YGB's Cyclically Adjusted PS Ratio is ranked worse than
62.78% of 395 companies
in the Insurance industry
Industry Median: 1.04 vs FRA:YGB: 1.36

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.

Employers Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.038. 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 €27.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Employers Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Employers Holdings'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.

Employers Holdings Cyclically Adjusted PS Ratio Chart

Employers Holdings 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 1.87 1.35 1.56 1.52 1.33

Employers Holdings 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 1.44 1.27 1.35 1.33 1.50

Competitive Comparison of Employers Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Employers Holdings'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.


Employers Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Employers Holdings 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.

Employers Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.60/27.74
=1.39

* 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.

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

For example, Employers Holdings'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)
=8.038/131.7762*131.7762
=8.038

Current CPI (Mar. 2024) = 131.7762.

Employers Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.602 100.560 6.031
201409 4.643 100.428 6.092
201412 4.859 99.070 6.463
201503 5.045 99.621 6.673
201506 5.232 100.684 6.848
201509 5.465 100.392 7.173
201512 5.171 99.792 6.828
201603 5.232 100.470 6.862
201606 5.419 101.688 7.022
201609 5.214 101.861 6.745
201612 5.574 101.863 7.211
201703 5.568 102.862 7.133
201706 5.155 103.349 6.573
201709 5.353 104.136 6.774
201712 5.113 104.011 6.478
201803 4.576 105.290 5.727
201806 5.259 106.317 6.518
201809 5.888 106.507 7.285
201812 4.720 105.998 5.868
201903 5.916 107.251 7.269
201906 5.572 108.070 6.794
201909 5.647 108.329 6.869
201912 5.845 108.420 7.104
202003 3.689 108.902 4.464
202006 6.210 108.767 7.524
202009 5.223 109.815 6.268
202012 5.376 109.897 6.446
202103 4.744 111.754 5.594
202106 4.938 114.631 5.677
202109 5.027 115.734 5.724
202112 6.276 117.630 7.031
202203 4.915 121.301 5.339
202206 4.607 125.017 4.856
202209 7.525 125.227 7.919
202212 7.565 125.222 7.961
202303 7.041 127.348 7.286
202306 7.411 128.729 7.586
202309 7.301 129.860 7.409
202312 8.024 129.419 8.170
202403 8.038 131.776 8.038

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.


Employers Holdings  (FRA:YGB) 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.


Employers Holdings Cyclically Adjusted PS Ratio Related Terms

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


Employers Holdings (FRA:YGB) Business Description

Traded in Other Exchanges
Address
10375 Professional Circle, Reno, NV, USA, 89521
Employers Holdings Inc provides workers' compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay account for more than 90% of total company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.

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