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Assurant (Assurant) Cyclically Adjusted PS Ratio : 0.97 (As of Apr. 27, 2024)


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What is Assurant Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Assurant's current share price is $172.88. Assurant's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $178.17. Assurant's Cyclically Adjusted PS Ratio for today is 0.97.

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

AIZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.85   Max: 1.22
Current: 0.97

During the past years, Assurant's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.59. And the median was 0.85.

AIZ's Cyclically Adjusted PS Ratio is ranked better than
50.74% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs AIZ: 0.97

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.

Assurant's adjusted revenue per share data for the three months ended in Dec. 2023 was $55.594. 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 $178.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assurant Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Assurant'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.

Assurant Cyclically Adjusted PS Ratio Chart

Assurant 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 1.03 1.01 1.03 0.75 0.95

Assurant 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 0.75 0.70 0.72 0.81 0.95

Competitive Comparison of Assurant's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Assurant'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.


Assurant's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Assurant 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.

Assurant's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=172.88/178.17
=0.97

* 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.

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

For example, Assurant'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)
=55.594/129.4194*129.4194
=55.594

Current CPI (Dec. 2023) = 129.4194.

Assurant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 33.093 99.695 42.960
201406 35.414 100.560 45.578
201409 36.947 100.428 47.613
201412 36.434 99.070 47.595
201503 36.679 99.621 47.650
201506 38.150 100.684 49.038
201509 37.421 100.392 48.241
201512 37.397 99.792 48.500
201603 31.406 100.470 40.455
201606 26.657 101.688 33.927
201609 27.920 101.861 35.474
201612 28.517 101.863 36.232
201703 26.684 102.862 33.573
201706 28.411 103.349 35.578
201709 28.671 104.136 35.632
201712 30.104 104.011 37.458
201803 29.897 105.290 36.749
201806 31.725 106.317 38.619
201809 35.386 106.507 42.999
201812 36.263 105.998 44.276
201903 36.909 107.251 44.538
201906 38.917 108.070 46.605
201909 40.368 108.329 48.227
201912 33.396 108.420 39.864
202003 38.485 108.902 45.736
202006 36.800 108.767 43.787
202009 39.332 109.815 46.354
202012 38.602 109.897 45.459
202103 39.373 111.754 45.597
202106 41.458 114.631 46.806
202109 44.348 115.734 49.592
202112 44.449 117.630 48.904
202203 44.192 121.301 47.150
202206 45.618 125.017 47.224
202209 47.127 125.227 48.705
202212 49.349 125.222 51.003
202303 49.216 127.348 50.017
202306 50.688 128.729 50.960
202309 51.616 129.860 51.441
202312 55.594 129.419 55.594

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.


Assurant  (NYSE:AIZ) 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.


Assurant Cyclically Adjusted PS Ratio Related Terms

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


Assurant (Assurant) Business Description

Industry
Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.
Executives
Jay Rosenblum officer: EVP and CLO C/O ASSURANT, INC., 28 LIBERTY ST, 41ST FL., NEW YORK NY 10005
Dimitry Dirienzo officer: SVP, CAO, Controller C/O ASSURANT, INC., 28 LIBERTY ST. 41 F., NEW YORK NY 10005
Richard S Dziadzio officer: EVP, CFO, and Treasurer C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Francesca Luthi officer: EVP, CAO 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Robert Lonergan officer: EVP, other: Chief Strategy Officer C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Rajiv Basu director C/O ASSURANT, INC., 260 INTERSTATE NORTH CIRCLE, S.E., ATLANTA GA 30339
Sari Beth Granat director C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Keith Meier officer: EVP, COO C/O ASSURANT, INC., 55 BROADWAY, SUITE 2901, NEW YORK NY 10006
Alan B. Colberg officer: EVP, Marketing & Bus. Dev. ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Gene Mergelmeyer officer: Executive Vice President, other: Pres., Assur. Spec. Property ASSURANT, INC., 28 LIBERTY ST. 41 FLOOR, NEW YORK NY 10005
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Tammy L. Schultz officer: EVP C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Paget Leonard Alves director SPRINT NEXTEL, 6200 SPRINT PARKWAY KSOPHF0410 - 4A403, OVERLAND PARK KS 66251
Ognjen Redzic director C/O ASSURANT, INC., 28 LIBERTY STREET, 41ST FL., NEW YORK NY 10005

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