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American Independence (American Independence) Cyclically Adjusted Revenue per Share : $0.00 (As of Jun. 2016)


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What is American Independence Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

American Independence's adjusted revenue per share for the three months ended in Jun. 2016 was $3.614. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.00 for the trailing ten years ended in Jun. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-05), American Independence's current stock price is $24.72. American Independence's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 was $0.00. American Independence's Cyclically Adjusted PS Ratio of today is .


American Independence Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for American Independence's Cyclically Adjusted Revenue per Share 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.

American Independence Cyclically Adjusted Revenue per Share Chart

American Independence Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Revenue per Share
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American Independence Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of American Independence's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, American Independence'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.


American Independence's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



American Independence Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, American Independence's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=3.614/101.6881*101.6881
=3.614

Current CPI (Jun. 2016) = 101.6881.

American Independence Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 2.378 85.606 2.825
200612 2.594 85.142 3.098
200703 3.295 86.640 3.867
200706 3.841 87.906 4.443
200709 3.509 87.964 4.056
200712 3.339 88.616 3.832
200803 3.331 90.090 3.760
200806 3.429 92.320 3.777
200809 3.510 92.307 3.867
200812 3.045 88.697 3.491
200903 3.138 89.744 3.556
200906 3.146 91.003 3.515
200909 3.026 91.120 3.377
200912 2.948 91.111 3.290
201003 2.686 91.821 2.975
201006 2.795 91.962 3.091
201009 2.561 92.162 2.826
201012 2.465 92.474 2.711
201103 2.552 94.283 2.752
201106 2.579 95.235 2.754
201109 2.695 95.727 2.863
201112 2.516 95.213 2.687
201203 2.688 96.783 2.824
201206 2.838 96.819 2.981
201209 3.240 97.633 3.375
201212 3.551 96.871 3.728
201303 4.373 98.209 4.528
201306 4.628 98.518 4.777
201309 4.652 98.790 4.788
201312 5.313 98.326 5.495
201403 5.321 99.695 5.427
201406 4.940 100.560 4.995
201409 5.083 100.428 5.147
201412 5.012 99.070 5.144
201503 4.872 99.621 4.973
201506 5.209 100.684 5.261
201509 5.774 100.392 5.849
201512 5.852 99.792 5.963
201603 3.621 100.470 3.665
201606 3.614 101.688 3.614

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


American Independence  (NAS:AMIC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


American Independence Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of American Independence's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


American Independence (American Independence) Business Description

Industry
Traded in Other Exchanges
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Address
American Independence Corp is a Delaware corporation. The Company is an insurance holding Company, which provides specialized health coverage and related services to commercial customers and individuals. The Company focuses on niche health products and/or narrowly defined distribution channels in the United States. It's wholly owned subsidiary, Independence American Insurance Company, markets its products through IHC Risk Solutions, LLC, IHC Specialty Benefits, Inc., and IPA Family, LLC, which are subsidiaries of AMIC, and through independent brokers, producers and agents. Independence American is licensed to write property and/or casualty insurance in all 50 states and the District of Columbia, and has an A- (Excellent) rating from A.M. Best Company, Inc. Risk Solutions is a full-service direct writer of medical stop-loss insurance for self-insured employer groups. Risk Solutions has offices near Hartford, Connecticut and Philadelphia, Pennsylvania, and markets and underwrites employer medical stop-loss and group life mainly for Standard Security Life Insurance Company of New York. It also writes, to a much lesser extent, for three other carriers, including Madison National Life Insurance Company, Inc. and Independence American. Independence Holding Company and its subsidiaries including, among others, Standard Security Life and Madison National Life are collectively referred to as "IHC". Independence American writes group important medical, medical stop-loss, crucial medical plans for individuals and families, short-term medical, and dental, and began writing pet insurance in 2012.Independence American competes with many larger insurance and reinsurance companies and managed care organizations. Risk Solutions competes with many other managing general underwriters, insurance companies, and MCOs. AMIC is an insurance holding company; as such, AMIC and its subsidiaries are subject to regulation and supervision by multiple state insurance regulators, including the Office of the Insurance Commissioner of the State of Delaware.
Executives
Teresa A Herbert director, officer: CFO & SVP 96 CUMMINGS POINT RD, STAMFORD CT 06902
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thung Roy T K director, officer: CEO 96 CUMMINGS POINT RD STAMFORD CT 06902
James G Tatum director 96 CUMMINGS POINT RD STAMFORD CT 06902
David T Kettig director, officer: President 96 CUMMINGS POINT RD STAMFORD CT 06902
Steven B Lapin director 96 CUMMINGS POINT RD STAMFORD CT 06902
Brian Schlier officer: Corporate Vice President - Tax 96 CUMMINGS POINT RD STAMFORD CT 06902
Gary Balzofiore officer: Corporate Vice President 485 MADISON AVENUE, NEW YORK NY 10022
Jeffrey C Smedsrud officer: Senior Vice President 8009 34TH AVENUE SOUTH #360 BLOOMINGTON MN 55420
Erickson Bernon Reneld Jr officer: Chief Health Actuary and SVP INDEPENDENCE HOLDING COMPANY 485 MADISON AVENUE, 14TH FLOOR NEW YORK NY 10022
Scott Michael Wood officer: Senior Vice President 2101 W. PEORIA AVE, SUITE 100 PHOENIX AZ 85029
Paul R Janerico officer: VP - Internal Audit 96 CUMMINGS POINT RD STAMFORD CT 06902
Henry B Spencer officer: VP - Investments 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Roy L Standfest officer: V.P.& Chief Investment Officer 96 CUMMINGS POINT RD STAMFORD CT 06902

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