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Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Chart

Munchener Ruckversicherungs-Gesellschaft AG 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 0.74 0.67 0.67 0.72 0.84

Munchener Ruckversicherungs-Gesellschaft AG 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 0.74 0.78 0.83 0.84 1.00

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.


Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PS Ratio falls into.



Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Munchener Ruckversicherungs-Gesellschaft AG'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)
=120.293/125.0381*125.0381
=120.293

Current CPI (Mar. 2024) = 125.0381.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 100.329 99.543 126.026
201409 94.828 99.823 118.782
201412 101.029 99.543 126.905
201503 90.147 99.717 113.038
201506 90.844 100.417 113.118
201509 86.768 100.417 108.043
201512 91.942 99.717 115.289
201603 85.557 100.017 106.961
201606 99.225 100.717 123.186
201609 94.208 101.017 116.610
201612 96.439 101.217 119.136
201703 97.115 101.417 119.734
201706 95.900 102.117 117.426
201709 100.069 102.717 121.815
201712 109.037 102.617 132.861
201803 98.880 102.917 120.133
201806 98.781 104.017 118.744
201809 98.046 104.718 117.072
201812 100.689 104.217 120.805
201903 108.579 104.217 130.271
201906 108.032 105.718 127.775
201909 112.985 106.018 133.255
201912 114.294 105.818 135.054
202003 101.599 105.718 120.167
202006 113.698 106.618 133.342
202009 111.866 105.818 132.185
202012 121.193 105.518 143.613
202103 117.340 107.518 136.461
202106 123.177 108.486 141.971
202109 127.191 109.435 145.326
202112 125.009 110.384 141.605
202203 101.492 113.968 111.350
202206 105.531 115.760 113.989
202209 107.483 118.818 113.110
202212 100.924 119.345 105.738
202303 111.523 122.402 113.924
202306 101.020 123.140 102.577
202309 105.267 124.195 105.982
202312 99.010 123.773 100.022
202403 120.293 125.038 120.293

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.


Munchener Ruckversicherungs-Gesellschaft AG  (XSWX:MUV2) 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.


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted PS Ratio Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Headlines

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