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Greenlight Capital Re (FRA:G8L) Cyclically Adjusted Revenue per Share : €14.43 (As of Mar. 2024)


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What is Greenlight Capital Re 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.

Greenlight Capital Re's adjusted revenue per share for the three months ended in Mar. 2024 was €4.595. 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 €14.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Greenlight Capital Re's average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Greenlight Capital Re was 11.60% per year. The lowest was 3.20% per year. And the median was 4.70% per year.

As of today (2024-06-10), Greenlight Capital Re's current stock price is €11.80. Greenlight Capital Re's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.43. Greenlight Capital Re's Cyclically Adjusted PS Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Greenlight Capital Re was 3.51. The lowest was 0.41. And the median was 0.77.


Greenlight Capital Re Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Greenlight Capital Re'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.

Greenlight Capital Re Cyclically Adjusted Revenue per Share Chart

Greenlight Capital Re Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.97 10.89 12.68 14.38 13.61

Greenlight Capital Re Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 14.14 14.05 14.99 13.61 14.43

Competitive Comparison of Greenlight Capital Re's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.


Greenlight Capital Re's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Greenlight Capital Re's Cyclically Adjusted PS Ratio falls into.



Greenlight Capital Re 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, Greenlight Capital Re'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)
=4.595/131.7762*131.7762
=4.595

Current CPI (Mar. 2024) = 131.7762.

Greenlight Capital Re Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.891 100.560 5.099
201409 0.590 100.428 0.774
201412 3.203 99.070 4.260
201503 1.779 99.621 2.353
201506 1.615 100.684 2.114
201509 -2.181 100.392 -2.863
201512 1.841 99.792 2.431
201603 3.990 100.470 5.233
201606 2.096 101.688 2.716
201609 3.469 101.861 4.488
201612 4.638 101.863 6.000
201703 4.090 102.862 5.240
201706 2.920 103.349 3.723
201709 5.301 104.136 6.708
201712 2.842 104.011 3.601
201803 0.003 105.290 0.004
201806 2.040 106.317 2.529
201809 1.017 106.507 1.258
201812 2.762 105.998 3.434
201903 3.105 107.251 3.815
201906 3.026 108.070 3.690
201909 3.240 108.329 3.941
201912 2.779 108.420 3.378
202003 2.935 108.902 3.551
202006 2.811 108.767 3.406
202009 2.787 109.815 3.344
202012 2.802 109.897 3.360
202103 3.621 111.754 4.270
202106 3.254 114.631 3.741
202109 3.755 115.734 4.275
202112 3.339 117.630 3.741
202203 3.556 121.301 3.863
202206 2.584 125.017 2.724
202209 3.604 125.227 3.792
202212 2.997 125.222 3.154
202303 3.863 127.348 3.997
202306 3.785 128.729 3.875
202309 4.544 129.860 4.611
202312 4.041 129.419 4.115
202403 4.595 131.776 4.595

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


Greenlight Capital Re  (FRA:G8L) 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.

Greenlight Capital Re's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.80/14.43
=0.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Greenlight Capital Re was 3.51. The lowest was 0.41. And the median was 0.77.


Be Aware

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


Greenlight Capital Re Cyclically Adjusted Revenue per Share Related Terms

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


Greenlight Capital Re (FRA:G8L) Business Description

Industry
Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

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