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AMERISAFE (AMERISAFE) Cyclically Adjusted PS Ratio : 2.04 (As of Apr. 27, 2024)


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What is AMERISAFE Cyclically Adjusted PS Ratio?

As of today (2024-04-27), AMERISAFE's current share price is $45.56. AMERISAFE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $22.34. AMERISAFE's Cyclically Adjusted PS Ratio for today is 2.04.

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

AMSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 2.75   Max: 3.78
Current: 2.05

During the past years, AMERISAFE's highest Cyclically Adjusted PS Ratio was 3.78. The lowest was 0.29. And the median was 2.75.

AMSF's Cyclically Adjusted PS Ratio is ranked worse than
77.97% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs AMSF: 2.05

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.

AMERISAFE's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.162. 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 $22.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMERISAFE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AMERISAFE'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.

AMERISAFE Cyclically Adjusted PS Ratio Chart

AMERISAFE 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 3.30 2.80 2.47 2.31 2.09

AMERISAFE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.16 2.35 2.21 2.09 -

Competitive Comparison of AMERISAFE's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, AMERISAFE'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.


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

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

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



AMERISAFE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.56/22.34
=2.04

* 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.

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

For example, AMERISAFE'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)
=4.162/129.4194*129.4194
=4.162

Current CPI (Dec. 2023) = 129.4194.

AMERISAFE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.093 99.695 6.612
201406 5.325 100.560 6.853
201409 5.406 100.428 6.967
201412 5.521 99.070 7.212
201503 5.344 99.621 6.942
201506 5.238 100.684 6.733
201509 5.104 100.392 6.580
201512 5.331 99.792 6.914
201603 5.340 100.470 6.879
201606 5.085 101.688 6.472
201609 5.118 101.861 6.503
201612 5.119 101.863 6.504
201703 5.072 102.862 6.382
201706 4.677 103.349 5.857
201709 4.824 104.136 5.995
201712 4.925 104.011 6.128
201803 4.889 105.290 6.009
201806 4.950 106.317 6.026
201809 4.853 106.507 5.897
201812 4.898 105.998 5.980
201903 4.933 107.251 5.953
201906 4.752 108.070 5.691
201909 4.740 108.329 5.663
201912 4.750 108.420 5.670
202003 4.092 108.902 4.863
202006 4.604 108.767 5.478
202009 4.291 109.815 5.057
202012 4.543 109.897 5.350
202103 4.300 111.754 4.980
202106 4.188 114.631 4.728
202109 3.763 115.734 4.208
202112 4.027 117.630 4.431
202203 3.884 121.301 4.144
202206 3.520 125.017 3.644
202209 3.705 125.227 3.829
202212 4.141 125.222 4.280
202303 4.079 127.348 4.145
202306 3.942 128.729 3.963
202309 3.779 129.860 3.766
202312 4.162 129.419 4.162

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.


AMERISAFE  (NAS:AMSF) 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.


AMERISAFE Cyclically Adjusted PS Ratio Related Terms

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


AMERISAFE (AMERISAFE) Business Description

Traded in Other Exchanges
Address
2301 Highway 190 West, DeRidder, LA, USA, 70634
AMERISAFE Inc is a specialty provider of workers' compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas, and agriculture. The company generates a majority of its revenue in the form of premiums.
Executives
Anastasios Omiridis officer: EVP-CFO 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Wise Raymond F. Jr. officer: EVP - CSO 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Andrew B. Mccray officer: EVP-CUO 2301 HIGHWAY 27, DERIDDER LA 70634
Kathryn Housh Shirley officer: EVP, General Counsel 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Vincent J. Gagliano officer: EVP - Chief Technology Officer 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
G. Janelle Frost officer: EVP/CFO 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Neal Andrew Fuller officer: EVP-CFO C/O SEABRIGHT HOLDINGS, INC., 1501 4TH AVENUE, SUITE 2600, SEATTLE WA 98101
Billy B Greer director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Philip A Garcia director 100 ERIE INSURANCE PL, ERIE PA 16530
Sean Traynor director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Randy Roach director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006
Jared A Morris director AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Millard E Morris director 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006
Bradley C Allen Jr director, officer: President and CEO AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Teri G. Fontenot director 18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634