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Employers Holdings (Employers Holdings) Cyclically Adjusted PS Ratio : 1.48 (As of Apr. 28, 2024)


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What is Employers Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Employers Holdings's current share price is $44.01. Employers Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $29.64. Employers Holdings's Cyclically Adjusted PS Ratio for today is 1.48.

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

EIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.68   Max: 2.64
Current: 1.48

During the past years, Employers Holdings's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 1.16. And the median was 1.68.

EIG's Cyclically Adjusted PS Ratio is ranked worse than
67.08% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs EIG: 1.48

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.

Employers Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.750. 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 $29.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Employers Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Employers Holdings'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.

Employers Holdings Cyclically Adjusted PS Ratio Chart

Employers Holdings 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 1.87 1.35 1.56 1.52 1.33

Employers Holdings 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 1.52 1.44 1.27 1.35 1.33

Competitive Comparison of Employers Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Employers 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.


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

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

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



Employers Holdings 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.

Employers Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.01/29.64
=1.48

* 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.

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

For example, Employers Holdings'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)
=8.75/129.4194*129.4194
=8.750

Current CPI (Dec. 2023) = 129.4194.

Employers Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.892 99.695 7.649
201406 6.253 100.560 8.048
201409 5.983 100.428 7.710
201412 5.992 99.070 7.828
201503 5.460 99.621 7.093
201506 5.873 100.684 7.549
201509 6.134 100.392 7.908
201512 5.633 99.792 7.305
201603 5.826 100.470 7.505
201606 6.089 101.688 7.750
201609 5.851 101.861 7.434
201612 5.879 101.863 7.469
201703 5.955 102.862 7.492
201706 5.792 103.349 7.253
201709 6.380 104.136 7.929
201712 6.050 104.011 7.528
201803 5.642 105.290 6.935
201806 6.143 106.317 7.478
201809 6.871 106.507 8.349
201812 5.370 105.998 6.557
201903 6.685 107.251 8.067
201906 6.296 108.070 7.540
201909 6.219 108.329 7.430
201912 6.494 108.420 7.752
202003 4.076 108.902 4.844
202006 6.993 108.767 8.321
202009 6.152 109.815 7.250
202012 6.540 109.897 7.702
202103 5.648 111.754 6.541
202106 5.950 114.631 6.718
202109 5.915 115.734 6.614
202112 7.092 117.630 7.803
202203 5.413 121.301 5.775
202206 4.870 125.017 5.042
202209 7.450 125.227 7.699
202212 8.013 125.222 8.282
202303 7.538 127.348 7.661
202306 8.029 128.729 8.072
202309 7.792 129.860 7.766
202312 8.750 129.419 8.750

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.


Employers Holdings  (NYSE:EIG) 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.


Employers Holdings Cyclically Adjusted PS Ratio Related Terms

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


Employers Holdings (Employers Holdings) Business Description

Traded in Other Exchanges
Address
10375 Professional Circle, Reno, NV, USA, 89521
Employers Holdings Inc provides workers' compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay account for more than 90% of total company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.
Executives
Katherine H. Antonello officer: EVP, Chief Actuary 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Alejandro Perez-tenessa director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael J Mcsally director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Christopher Laws officer: EVP, Chief Actuary 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Tracey Lynn Berg officer: EVP, Chief Information Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Stephen V Festa officer: Sr VP & CCO, EICN and ECIC 9790 GATEWAY DRIVE, SUITE 200, RENO NV 89521
Douglas D Dirks director, officer: President and CEO of EIG 10375 PROFESSIONAL CIRCLE, RENO NV 89521
De Figueiredo Joao M director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
James R Kroner director 600 FOURTH STREET, P.O. BOX 6000, SIOUX CITY IA 51102-6000
Jeanne L Mockard director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Lawrence S Rogers officer: SVP, Chief Underwriting Office 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Richard W Blakey director 10375 PROFESSIONAL CIRCLE, RENO NV 89521
John M. Mutschink officer: SVP, Chief HR Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael Scott Paquette officer: EVP, Chief Financial Officer EMPLOYERS HOLDINGS, INC., 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Barry J. Vogt officer: SVP, Chief Claims Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521