GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (NYSE:AIG) » Definitions » Cyclically Adjusted PS Ratio

American International Group (American International Group) Cyclically Adjusted PS Ratio : 1.17 (As of Apr. 27, 2024)


View and export this data going back to 1984. Start your Free Trial

What is American International Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), American International Group's current share price is $74.53. American International Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $63.85. American International Group's Cyclically Adjusted PS Ratio for today is 1.17.

The historical rank and industry rank for American International Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

AIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.33   Max: 1.22
Current: 1.17

During the past years, American International Group's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.08. And the median was 0.33.

AIG's Cyclically Adjusted PS Ratio is ranked worse than
57.18% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs AIG: 1.17

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.

American International Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $14.085. 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 $63.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American International Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for American International Group'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.

American International Group Cyclically Adjusted PS Ratio Chart

American International Group 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 0.46 0.74 1.01 1.03 1.06

American International Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 0.81 0.91 0.94 1.06

Competitive Comparison of American International Group's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, American International Group'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 International Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



American International Group 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.

American International Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.53/63.85
=1.17

* 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.

American International Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American International Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.085/129.4194*129.4194
=14.085

Current CPI (Dec. 2023) = 129.4194.

American International Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.002 99.695 14.282
201406 11.037 100.560 14.205
201409 11.622 100.428 14.977
201412 10.966 99.070 14.325
201503 11.557 99.621 15.014
201506 11.560 100.684 14.859
201509 10.045 100.392 12.949
201512 11.269 99.792 14.615
201603 10.294 100.470 13.260
201606 13.022 101.688 16.573
201609 11.725 101.861 14.897
201612 12.777 101.863 16.234
201703 12.600 102.862 15.853
201706 13.258 103.349 16.602
201709 13.274 104.136 16.497
201712 13.911 104.011 17.309
201803 12.684 105.290 15.591
201806 12.718 106.317 15.482
201809 12.856 106.507 15.622
201812 14.132 105.998 17.255
201903 14.222 107.251 17.162
201906 14.124 108.070 16.914
201909 14.444 108.329 17.256
201912 13.193 108.420 15.748
202003 16.477 108.902 19.581
202006 10.859 108.767 12.921
202009 11.706 109.815 13.796
202012 11.262 109.897 13.263
202103 16.454 111.754 19.055
202106 12.237 114.631 13.816
202109 14.826 115.734 16.579
202112 16.686 117.630 18.358
202203 18.124 121.301 19.337
202206 17.086 125.017 17.688
202209 18.210 125.227 18.820
202212 15.880 125.222 16.412
202303 14.846 127.348 15.088
202306 18.242 128.729 18.340
202309 17.936 129.860 17.875
202312 14.085 129.419 14.085

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.


American International Group  (NYSE:AIG) 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.


American International Group Cyclically Adjusted PS Ratio Related Terms

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


American International Group (American International Group) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
Executives
Edward Lee Dandridge officer: EVP, Chief Marketing & Comms C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Kathleen Carbone officer: VP & Chief Accounting Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Vanessa Ames Wittman director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Paola Bergamaschi director 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Luciana Fato officer: EVP and General Counsel AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Thomas Allen Bolt officer: EVP and Chief Risk Officer C/O AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
John G Rice director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John P Repko officer: EVP and Chief Info. Officer AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Hunter Constance officer: EVP, Head of Strategy & ESG 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Glazer Rose Marie E. officer: EVP, CHRO & Corp Secretary 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Kevin T. Hogan officer: EVP - Life & Retirement 180 MAIDEN LANE, NEW YORK NY 10038
Sabra R. Purtill officer: EVP and Chief Risk Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Claude E. Wade officer: EVP, Hd of Ops & Chief Dig Off 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Lisa Buckingham officer: EVP Ent Desgn and L&R Sep 150 N RADNOR CHESTER ROAD, RADNOR PA 19087