GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Hartford Financial Services Group Inc (BSP:H1IG34) » Definitions » Cyclically Adjusted PS Ratio

The Hartford Financial Services Group (BSP:H1IG34) Cyclically Adjusted PS Ratio : 1.75 (As of Jun. 10, 2024)


View and export this data going back to 2020. Start your Free Trial

What is The Hartford Financial Services Group Cyclically Adjusted PS Ratio?

As of today (2024-06-10), The Hartford Financial Services Group's current share price is R$519.80. The Hartford Financial Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$297.17. The Hartford Financial Services Group's Cyclically Adjusted PS Ratio for today is 1.75.

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

BSP:H1IG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.99   Max: 1.65
Current: 1.56

During the past years, The Hartford Financial Services Group's highest Cyclically Adjusted PS Ratio was 1.65. The lowest was 0.40. And the median was 0.99.

BSP:H1IG34's Cyclically Adjusted PS Ratio is ranked worse than
71.6% of 405 companies
in the Insurance industry
Industry Median: 0.97 vs BSP:H1IG34: 1.56

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.

The Hartford Financial Services Group's adjusted revenue per share data for the three months ended in Mar. 2024 was R$105.323. 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 R$297.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Hartford Financial Services Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Hartford Financial Services Group'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.

The Hartford Financial Services Group Cyclically Adjusted PS Ratio Chart

The Hartford Financial Services Group 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 1.21 0.96 1.25 1.28 1.28

The Hartford Financial Services Group 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 1.17 1.18 1.14 1.28 1.60

Competitive Comparison of The Hartford Financial Services Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group'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.


The Hartford Financial Services Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where The Hartford Financial Services Group's Cyclically Adjusted PS Ratio falls into.



The Hartford Financial Services Group 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.

The Hartford Financial Services Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=519.80/297.17
=1.75

* 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.

The Hartford Financial Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Hartford Financial Services Group'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)
=105.323/131.7762*131.7762
=105.323

Current CPI (Mar. 2024) = 131.7762.

The Hartford Financial Services Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.059 100.560 28.907
201409 24.733 100.428 32.453
201412 27.528 99.070 36.616
201503 33.442 99.621 44.236
201506 34.054 100.684 44.570
201509 42.096 100.392 55.256
201512 19.903 99.792 26.282
201603 40.138 100.470 52.645
201606 40.332 101.688 52.266
201609 39.280 101.861 50.816
201612 21.591 101.863 27.932
201703 34.439 102.862 44.120
201706 37.942 103.349 48.378
201709 35.780 104.136 45.277
201712 42.325 104.011 53.623
201803 42.269 105.290 52.902
201806 49.586 106.317 61.460
201809 54.640 106.507 67.604
201812 47.228 105.998 58.714
201903 52.024 107.251 63.921
201906 53.775 108.070 65.571
201909 60.282 108.329 73.329
201912 57.787 108.420 70.236
202003 67.062 108.902 81.148
202006 74.526 108.767 90.291
202009 77.457 109.815 92.947
202012 72.937 109.897 87.458
202103 80.699 111.754 95.157
202106 78.380 114.631 90.103
202109 81.721 115.734 93.048
202112 92.647 117.630 103.789
202203 77.707 121.301 84.418
202206 79.336 125.017 83.626
202209 88.674 125.227 93.312
202212 95.071 125.222 100.047
202303 96.194 127.348 99.539
202306 93.216 128.729 95.423
202309 97.511 129.860 98.950
202312 101.512 129.419 103.361
202403 105.323 131.776 105.323

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.


The Hartford Financial Services Group  (BSP:H1IG34) 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.


The Hartford Financial Services Group Cyclically Adjusted PS Ratio Related Terms

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


The Hartford Financial Services Group (BSP:H1IG34) Business Description

Traded in Other Exchanges
Address
One Hartford Plaza, Hartford, CT, USA, 06155
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.

The Hartford Financial Services Group (BSP:H1IG34) Headlines

No Headlines