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Kuwait Insurance Co (KUW:KINS) Cyclically Adjusted PS Ratio : 2.65 (As of Jun. 10, 2024)


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What is Kuwait Insurance Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Kuwait Insurance Co's current share price is KWD0.504. Kuwait Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.19. Kuwait Insurance Co's Cyclically Adjusted PS Ratio for today is 2.65.

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

KUW:KINS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.49   Med: 2.69   Max: 2.81
Current: 2.54

During the past years, Kuwait Insurance Co's highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 2.49. And the median was 2.69.

KUW:KINS's Cyclically Adjusted PS Ratio is ranked worse than
84.69% of 405 companies
in the Insurance industry
Industry Median: 0.97 vs KUW:KINS: 2.54

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.

Kuwait Insurance Co's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.063. 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 KWD0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuwait Insurance Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuwait Insurance Co'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.

Kuwait Insurance Co Cyclically Adjusted PS Ratio Chart

Kuwait Insurance Co 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 - - - - 2.46

Kuwait Insurance Co 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 - - - 2.46 2.69

Competitive Comparison of Kuwait Insurance Co's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Kuwait Insurance Co'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.


Kuwait Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Kuwait Insurance Co's Cyclically Adjusted PS Ratio falls into.



Kuwait Insurance Co 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.

Kuwait Insurance Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.504/0.19
=2.65

* 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.

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

For example, Kuwait Insurance Co'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)
=0.063/131.7762*131.7762
=0.063

Current CPI (Mar. 2024) = 131.7762.

Kuwait Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.027 96.819 0.037
201209 0.021 97.633 0.028
201212 0.026 96.871 0.035
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201506 0.032 100.684 0.042
201509 0.025 100.392 0.033
201512 0.035 99.792 0.046
201606 0.002 101.688 0.003
201609 0.024 101.861 0.031
201612 0.032 101.863 0.041
201703 0.056 102.862 0.072
201706 0.038 103.349 0.048
201709 0.032 104.136 0.040
201712 0.030 104.011 0.038
201803 0.059 105.290 0.074
201806 0.033 106.317 0.041
201809 0.034 106.507 0.042
201812 0.025 105.998 0.031
201903 0.060 107.251 0.074
201906 0.037 108.070 0.045
201909 0.028 108.329 0.034
201912 0.026 108.420 0.032
202003 0.063 108.902 0.076
202006 0.033 108.767 0.040
202009 0.029 109.815 0.035
202012 0.024 109.897 0.029
202103 0.057 111.754 0.067
202106 0.047 114.631 0.054
202109 0.031 115.734 0.035
202112 0.032 117.630 0.036
202203 0.069 121.301 0.075
202206 0.057 125.017 0.060
202209 0.035 125.227 0.037
202212 0.203 125.222 0.214
202303 0.044 127.348 0.046
202306 0.045 128.729 0.046
202309 0.011 129.860 0.011
202312 0.059 129.419 0.060
202403 0.063 131.776 0.063

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.


Kuwait Insurance Co  (KUW:KINS) 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.


Kuwait Insurance Co Cyclically Adjusted PS Ratio Related Terms

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


Kuwait Insurance Co (KUW:KINS) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008
Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.