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Reinsurance Group of America (Reinsurance Group of America) Cyclically Adjusted PS Ratio : 0.81 (As of Jun. 08, 2024)


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What is Reinsurance Group of America Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Reinsurance Group of America's current share price is $204.13. Reinsurance Group of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $250.66. Reinsurance Group of America's Cyclically Adjusted PS Ratio for today is 0.81.

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

RGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.73   Max: 1.13
Current: 0.81

During the past years, Reinsurance Group of America's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.35. And the median was 0.73.

RGA's Cyclically Adjusted PS Ratio is ranked better than
59.71% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs RGA: 0.81

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.

Reinsurance Group of America's adjusted revenue per share data for the three months ended in Mar. 2024 was $94.478. 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 $250.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinsurance Group of America Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America Cyclically Adjusted PS Ratio Chart

Reinsurance Group of America 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 0.95 0.63 0.53 0.63 0.67

Reinsurance Group of America 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 0.57 0.59 0.60 0.67 0.77

Competitive Comparison of Reinsurance Group of America's Cyclically Adjusted PS Ratio

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Reinsurance Group of America's Cyclically Adjusted PS Ratio falls into.



Reinsurance Group of America 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.

Reinsurance Group of America's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=204.13/250.66
=0.81

* 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.

Reinsurance Group of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Reinsurance Group of America's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=94.478/131.7762*131.7762
=94.478

Current CPI (Mar. 2024) = 131.7762.

Reinsurance Group of America Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 40.635 100.560 53.249
201409 39.181 100.428 51.411
201412 38.787 99.070 51.592
201503 36.561 99.621 48.362
201506 39.189 100.684 51.291
201509 36.462 100.392 47.861
201512 42.705 99.792 56.392
201603 38.526 100.470 50.530
201606 46.902 101.688 60.780
201609 44.752 101.861 57.895
201612 47.130 101.863 60.970
201703 45.815 102.862 58.693
201706 47.697 103.349 60.816
201709 47.908 104.136 60.624
201712 48.832 104.011 61.867
201803 48.180 105.290 60.300
201806 48.979 106.317 60.708
201809 50.198 106.507 62.108
201812 50.436 105.998 62.702
201903 53.438 107.251 65.658
201906 54.172 108.070 66.055
201909 56.688 108.329 68.958
201912 57.437 108.420 69.810
202003 50.857 108.902 61.539
202006 56.219 108.767 68.112
202009 53.574 109.815 64.288
202012 60.279 109.897 72.280
202103 58.206 111.754 68.634
202106 58.942 114.631 67.758
202109 57.647 115.734 65.637
202112 61.806 117.630 69.239
202203 55.235 121.301 60.005
202206 56.265 125.017 59.307
202209 58.926 125.227 62.008
202212 63.907 125.222 67.252
202303 61.721 127.348 63.867
202306 60.838 128.729 62.278
202309 76.299 129.860 77.425
202312 72.582 129.419 73.904
202403 94.478 131.776 94.478

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.


Reinsurance Group of America  (NYSE:RGA) 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.


Reinsurance Group of America Cyclically Adjusted PS Ratio Related Terms

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


Reinsurance Group of America (Reinsurance Group of America) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Executives
Ronald Herrmann officer: EVP 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Bang Michele Mi Kyung director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
William L Hutton officer: EVP, General Counsel & Secy. C/O REINSURANCE GROUP OF AMERICA, 1370 TIMBERLAKE MANOR PKY, CHESTERFIELD MO 63017-6039
Todd C Larson officer: SVP, Controller & Treasurer
John W. Hayden officer: EVP, Controller 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Khanh T Tran director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Shundrawn A Thomas director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Stephen T O'hearn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Keng Hooi Ng director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Pina Albo director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Patricia Lynn Guinn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John J Gauthier director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Stanley B Tulin director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202