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Allianz SE (BUD:ALLIANZ) Cyclically Adjusted PS Ratio : 1.03 (As of Jun. 06, 2024)


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What is Allianz SE Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Allianz SE's current share price is Ft103360.00. Allianz SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Ft100,300.00. Allianz SE's Cyclically Adjusted PS Ratio for today is 1.03.

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

BUD:ALLIANZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.02
Current: 0.92

During the past years, Allianz SE's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.40. And the median was 0.77.

BUD:ALLIANZ's Cyclically Adjusted PS Ratio is ranked better than
54.55% of 396 companies
in the Insurance industry
Industry Median: 1 vs BUD:ALLIANZ: 0.92

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.

Allianz SE's adjusted revenue per share data for the three months ended in Mar. 2024 was Ft36,495.501. 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 Ft100,300.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Cyclically Adjusted PS Ratio Chart

Allianz SE 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 0.96 0.88 0.79 0.72 0.84

Allianz SE 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 0.74 0.74 0.77 0.84 0.95

Competitive Comparison of Allianz SE's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Allianz SE 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.

Allianz SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103360.00/100300
=1.03

* 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.

Allianz SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allianz SE'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)
=36495.501/125.0381*125.0381
=36,495.501

Current CPI (Mar. 2024) = 125.0381.

Allianz SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27,420.487 99.543 34,443.601
201409 25,783.808 99.823 32,296.911
201412 25,060.268 99.543 31,478.867
201503 25,219.342 99.717 31,623.407
201506 23,259.585 100.417 28,962.656
201509 21,503.688 100.417 26,776.226
201512 23,557.571 99.717 29,539.655
201603 23,583.398 100.017 29,483.309
201606 22,246.319 100.717 27,618.406
201609 24,519.237 101.017 30,349.791
201612 12,702.946 101.217 15,692.560
201703 22,773.624 101.417 28,077.871
201706 23,886.705 102.117 29,248.296
201709 27,173.987 102.717 33,079.046
201712 12,468.774 102.617 15,193.099
201803 26,713.646 102.917 32,455.445
201806 25,991.335 104.017 31,243.910
201809 30,304.386 104.718 36,185.001
201812 3,684.983 104.217 4,421.174
201903 26,636.095 104.217 31,957.492
201906 26,434.891 105.718 31,266.020
201909 26,111.296 106.018 30,795.866
201912 5,832.292 105.818 6,891.658
202003 22,778.261 105.718 26,941.119
202006 27,670.022 106.618 32,450.557
202009 28,351.187 105.818 33,500.841
202012 33,517.894 105.518 39,718.623
202103 30,361.037 107.518 35,308.413
202106 28,912.880 108.486 33,324.284
202109 29,685.185 109.435 33,917.753
202112 89,439.828 110.384 101,313.930
202203 20,428.496 113.968 22,412.766
202206 11,350.117 115.760 12,259.780
202209 22,784.328 118.818 23,977.124
202212 30,624.922 119.345 32,085.846
202303 29,504.236 122.402 30,139.553
202306 30,359.604 123.140 30,827.472
202309 24,447.599 124.195 24,613.641
202312 15,557.201 123.773 15,716.226
202403 36,495.501 125.038 36,495.501

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.


Allianz SE  (BUD:ALLIANZ) 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.


Allianz SE Cyclically Adjusted PS Ratio Related Terms

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


Allianz SE (BUD:ALLIANZ) Business Description

Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

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