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MBIA (MBI) Cyclically Adjusted PS Ratio : 1.61 (As of Apr. 27, 2024)


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What is MBIA Cyclically Adjusted PS Ratio?

As of today (2024-04-27), MBIA's current share price is $6.82. MBIA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.23. MBIA's Cyclically Adjusted PS Ratio for today is 1.61.

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

MBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.87   Max: 5.81
Current: 1.61

During the past years, MBIA's highest Cyclically Adjusted PS Ratio was 5.81. The lowest was 0.96. And the median was 1.87.

MBI's Cyclically Adjusted PS Ratio is ranked worse than
73.27% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs MBI: 1.61

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.

MBIA's adjusted revenue per share data for the three months ended in Dec. 2023 was $-0.661. 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 $4.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MBIA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MBIA'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.

MBIA Cyclically Adjusted PS Ratio Chart

MBIA 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 2.32 1.60 2.72 2.65 1.45

MBIA 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 2.65 1.94 1.78 1.56 1.45

Competitive Comparison of MBIA's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, MBIA'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.


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

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

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



MBIA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.82/4.23
=1.61

* 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.

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

For example, MBIA'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)
=-0.661/129.4194*129.4194
=-0.661

Current CPI (Dec. 2023) = 129.4194.

MBIA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.006 99.695 3.902
201406 0.959 100.560 1.234
201409 1.544 100.428 1.990
201412 1.139 99.070 1.488
201503 1.198 99.621 1.556
201506 1.421 100.684 1.827
201509 0.593 100.392 0.764
201512 2.010 99.792 2.607
201603 0.221 100.470 0.285
201606 0.867 101.688 1.103
201609 1.537 101.861 1.953
201612 -0.447 101.863 -0.568
201703 0.525 102.862 0.661
201706 0.573 103.349 0.718
201709 0.260 104.136 0.323
201712 2.422 104.011 3.014
201803 0.828 105.290 1.018
201806 0.135 106.317 0.164
201809 1.140 106.507 1.385
201812 -0.315 105.998 -0.385
201903 0.584 107.251 0.705
201906 0.356 108.070 0.426
201909 2.199 108.329 2.627
201912 0.370 108.420 0.442
202003 -0.083 108.902 -0.099
202006 1.821 108.767 2.167
202009 1.350 109.815 1.591
202012 2.097 109.897 2.470
202103 1.462 111.754 1.693
202106 0.081 114.631 0.091
202109 1.130 115.734 1.264
202112 0.544 117.630 0.599
202203 0.806 121.301 0.860
202206 0.722 125.017 0.747
202209 0.341 125.227 0.352
202212 1.143 125.222 1.181
202303 0.040 127.348 0.041
202306 0.551 128.729 0.554
202309 0.170 129.860 0.169
202312 -0.661 129.419 -0.661

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.


MBIA  (NYSE:MBI) 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.


MBIA Cyclically Adjusted PS Ratio Related Terms

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


MBIA (MBI) Business Description

Industry
Traded in Other Exchanges
Address
1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.
Executives
Richard C Vaughan director C/O MBIA, 113 KING STREET, ARMONK NY 10504
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Janice L. Innis-thompson director C/O MBIA INC., 1 MANHATTANVILLE ROAD - SUITE 301, PURCHASE NY 10577
William C Fallon officer: Member, Exec. Policy Committee C/O MBIA, 113 KING STREET, ARMONK NY 10504
Charles R Rinehart director DOWNEY FINANCIAL CORP., 3501 JAMBOREE ROAD, NEWPORT BEACH CA 92660
Theodore Shasta director C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Daniel M. Avitabile officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Adam T. Bergonzi officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Christopher H. Young officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Jonathan C. Harris officer: General Counsel and Secretary C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph R. Schachinger officer: Controller 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph W Brown director, officer: Chairman and CEO C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Debra Fine 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022