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Platinum Underwriters Holdings (FRA:PMU) Cyclically Adjusted Revenue per Share : €0.00 (As of Dec. 2014)


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What is Platinum Underwriters Holdings 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.

Platinum Underwriters Holdings's adjusted revenue per share for the three months ended in Dec. 2014 was €4.627. 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 Dec. 2014.

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 (2024-05-23), Platinum Underwriters Holdings's current stock price is €65.56. Platinum Underwriters Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2014 was €0.00. Platinum Underwriters Holdings's Cyclically Adjusted PS Ratio of today is .


Platinum Underwriters Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Platinum Underwriters Holdings'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.

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Platinum Underwriters Holdings Cyclically Adjusted Revenue per Share Chart

Platinum Underwriters Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Revenue per Share
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Platinum Underwriters Holdings Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Platinum Underwriters Holdings's Cyclically Adjusted Revenue per Share

For the Insurance - Reinsurance subindustry, Platinum Underwriters 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.


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

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

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



Platinum Underwriters Holdings 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, Platinum Underwriters Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2014 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=4.627/99.0697*99.0697
=4.627

Current CPI (Dec. 2014) = 99.0697.

Platinum Underwriters Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200503 6.768 81.555 8.221
200506 7.747 82.062 9.353
200509 8.667 83.876 10.237
200512 7.652 83.032 9.130
200603 5.004 84.298 5.881
200606 4.705 85.606 5.445
200609 4.761 85.606 5.510
200612 3.768 85.142 4.384
200703 3.898 86.640 4.457
200706 3.807 87.906 4.290
200709 3.698 87.964 4.165
200712 3.863 88.616 4.319
200803 4.373 90.090 4.809
200806 3.973 92.320 4.263
200809 4.557 92.307 4.891
200812 4.880 88.697 5.451
200903 4.270 89.744 4.714
200906 4.003 91.003 4.358
200909 3.830 91.120 4.164
200912 3.803 91.111 4.135
201003 3.728 91.821 4.022
201006 4.824 91.962 5.197
201009 4.411 92.162 4.742
201012 3.882 92.474 4.159
201103 4.037 94.283 4.242
201106 3.740 95.235 3.891
201109 3.881 95.727 4.017
201112 3.828 95.213 3.983
201203 3.998 96.783 4.092
201206 4.580 96.819 4.686
201209 4.291 97.633 4.354
201212 4.274 96.871 4.371
201303 3.808 98.209 3.841
201306 4.175 98.518 4.198
201309 3.968 98.790 3.979
201312 4.263 98.326 4.295
201403 3.773 99.695 3.749
201406 3.907 100.560 3.849
201409 4.482 100.428 4.421
201412 4.627 99.070 4.627

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


Platinum Underwriters Holdings  (FRA:PMU) 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.


Platinum Underwriters Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Platinum Underwriters Holdings (FRA:PMU) Business Description

Traded in Other Exchanges
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Address
Platinum Underwriters Holdings, Ltd. was incorporated on April 19, 2002. It operates as a holding company domiciled in Bermuda. Through its operating subsidiaries, it provides property and marine, casualty and finite risk reinsurance coverages, through reinsurance intermediaries, to a diverse clientele of commercial and personal lines insurers and select reinsurers on a basis. The Company operates through two licensed reinsurance subsidiaries, Platinum Underwriters Bermuda, Ltd., a Bermuda reinsurance company and wholly owned subsidiary of Platinum Holdings, and Platinum Underwriters Reinsurance, Inc., a U.S. reinsurance company and a wholly owned subsidiary of Platinum Underwriters Finance, Inc. The Company operates in Property and Marine, Casualty and Finite Risk segments. It provides reinsurance coverage for damage to property and crops. It provides reinsurance coverage for marine and offshore energy insurance programs. Coverages reinsured include hull damage, protection and indemnity, cargo damage, satellite damage and general marine liability. Within Marine, it also writes commercial and general aviation reinsurance. Casualty reinsurance protects a ceding company against financial loss arising out of the obligation to others for loss or damage to persons or property. The Company's Casualty operating segment mainly includes reinsurance contracts that cover umbrella liability, general and product liability, professional liability, workers' compensation, casualty clash, automobile liability, surety, trade credit, political risk and accident and health. Finite reinsurance includes mainly structured reinsurance contracts with ceding companies whose needs might not be met efficiently through traditional reinsurance products. Reinsurance contracts classified as finite are typically structured to include loss limitation or loss mitigation features. It markets its reinsurance products mainly through non-exclusive relationships with reinsurance brokers. The property and casualty reinsurance industry is competitive. It competes with Arch Capital Group Ltd., Axis Capital Holdings Limited, Endurance Specialty Holdings Ltd., Everest Re Group, Ltd., Montpelier Re Holdings Ltd., PartnerRe Ltd., RenaissanceRe Holdings Ltd. and Transatlantic Holdings, Inc. The business of reinsurance is regulated in several countries, although the degree and type of regulation. Reinsurers are generally subject to less direct regulation than main insurers.

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