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MS&AD Insurance Group Holdings (TSE:8725) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 01, 2024)


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What is MS&AD Insurance Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-01), MS&AD Insurance Group Holdings's current share price is 円3281.00. MS&AD Insurance Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,365.04. MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio for today is 0.98.

The historical rank and industry rank for MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8725' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.47   Max: 0.95
Current: 0.95

During the past years, MS&AD Insurance Group Holdings's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.34. And the median was 0.47.

TSE:8725's Cyclically Adjusted PS Ratio is ranked better than
53.42% of 395 companies
in the Insurance industry
Industry Median: 1.01 vs TSE:8725: 0.95

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.

MS&AD Insurance Group Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,636.719. 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 円3,365.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MS&AD Insurance Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MS&AD Insurance Group 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.

MS&AD Insurance Group Holdings Cyclically Adjusted PS Ratio Chart

MS&AD Insurance Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.41 0.48 0.47 -

MS&AD Insurance Group Holdings 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 0.47 0.56 0.56 0.55 -

Competitive Comparison of MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group 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.


MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio falls into.



MS&AD Insurance Group 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.

MS&AD Insurance Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3281.00/3365.04
=0.98

* 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.

MS&AD Insurance Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MS&AD Insurance Group 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)
=1636.719/106.8000*106.8000
=1,636.719

Current CPI (Dec. 2023) = 106.8000.

MS&AD Insurance Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 592.404 95.700 661.115
201406 627.514 98.000 683.862
201409 658.568 98.500 714.062
201412 630.210 97.900 687.502
201503 591.026 97.900 644.756
201506 620.247 98.400 673.195
201509 659.501 98.500 715.073
201512 730.454 98.100 795.234
201603 623.100 97.900 679.745
201606 673.201 98.100 732.904
201609 790.292 98.000 861.257
201612 745.204 98.400 808.819
201703 725.087 98.100 789.391
201706 818.157 98.500 887.098
201709 764.598 98.800 826.509
201712 691.912 99.400 743.423
201803 567.081 99.200 610.527
201806 799.662 99.200 860.926
201809 853.797 99.900 912.768
201812 637.839 99.700 683.262
201903 772.669 99.700 827.694
201906 821.203 99.800 878.802
201909 778.542 100.100 830.652
201912 745.697 100.500 792.442
202003 334.564 100.300 356.246
202006 770.537 99.900 823.757
202009 669.431 99.900 715.668
202012 672.573 99.300 723.372
202103 733.255 99.900 783.900
202106 747.069 99.500 801.879
202109 745.733 100.100 795.647
202112 2,631.471 100.100 2,807.603
202203 -1,128.748 101.100 -1,192.387
202206 679.295 101.800 712.659
202209 2,195.267 103.100 2,274.050
202212 1,478.741 104.100 1,517.095
202303 -1,239.088 104.400 -1,267.573
202306 1,110.908 105.200 1,127.804
202309 2,717.550 106.200 2,732.903
202312 1,636.719 106.800 1,636.719

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.


MS&AD Insurance Group Holdings  (TSE:8725) 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.


MS&AD Insurance Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


MS&AD Insurance Group Holdings (TSE:8725) Business Description

Traded in Other Exchanges
Address
Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028
MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.

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