GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Citizens Inc (NYSE:CIA) » Definitions » Cyclically Adjusted PS Ratio

Citizens (Citizens) Cyclically Adjusted PS Ratio : 0.45 (As of May. 14, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Citizens Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Citizens's current share price is $2.55. Citizens's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.69. Citizens's Cyclically Adjusted PS Ratio for today is 0.45.

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

CIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.48   Max: 2.45
Current: 0.45

During the past years, Citizens's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.31. And the median was 1.48.

CIA's Cyclically Adjusted PS Ratio is ranked better than
79.8% of 406 companies
in the Insurance industry
Industry Median: 1.02 vs CIA: 0.45

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.

Citizens's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.141. 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 $5.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Citizens'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.

Citizens Cyclically Adjusted PS Ratio Chart

Citizens 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 1.39 1.16 1.00 0.38 0.47

Citizens 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 0.65 0.42 0.50 0.47 0.38

Competitive Comparison of Citizens's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Citizens'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.


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

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

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



Citizens 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.55/5.69
=0.45

* 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.

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

For example, Citizens'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)
=1.141/129.4194*129.4194
=1.141

Current CPI (Mar. 2024) = 129.4194.

Citizens Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.128 100.560 1.452
201409 1.143 100.428 1.473
201412 1.267 99.070 1.655
201503 1.115 99.621 1.449
201506 1.200 100.684 1.542
201509 1.161 100.392 1.497
201512 1.242 99.792 1.611
201603 1.089 100.470 1.403
201606 1.223 101.688 1.557
201609 1.233 101.861 1.567
201612 1.356 101.863 1.723
201703 1.190 102.862 1.497
201706 1.215 103.349 1.521
201709 1.285 104.136 1.597
201712 1.355 104.011 1.686
201803 1.147 105.290 1.410
201806 1.194 106.317 1.453
201809 1.245 106.507 1.513
201812 1.233 105.998 1.505
201903 1.267 107.251 1.529
201906 1.131 108.070 1.354
201909 1.221 108.329 1.459
201912 1.386 108.420 1.654
202003 1.104 108.902 1.312
202006 1.155 108.767 1.374
202009 1.177 109.815 1.387
202012 1.262 109.897 1.486
202103 1.085 111.754 1.257
202106 1.260 114.631 1.423
202109 1.225 115.734 1.370
202112 1.379 117.630 1.517
202203 1.087 121.301 1.160
202206 1.052 125.017 1.089
202209 1.106 125.227 1.143
202212 1.327 125.222 1.371
202303 1.105 127.348 1.123
202306 1.158 128.729 1.164
202309 1.176 129.860 1.172
202312 1.316 129.419 1.316
202403 1.141 129.419 1.141

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.


Citizens  (NYSE:CIA) 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.


Citizens Cyclically Adjusted PS Ratio Related Terms

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


Citizens (Citizens) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.
Executives
James Keith Morgan director PO BOX 149151, AUSTIN TX 78714
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jeffery P. Conklin officer: VP, CFO & Treasurer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Gerald W Shields director, officer: President & CEO 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Harvey J. Waite officer: VP, Chief Actuary 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Mary Taylor director PO BOX 149151, AUSTIN TX 78714
Cynthia H Davis director PO BOX 149151, AUSTIN TX 78714
Davis Jerry Dodd Jr. director 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Terry Sam Maness director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Errol Dean Gage director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Frank A Keating director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mauldin Robert M Iii officer: VP, Chief Marketing Officer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Sheryl L Kinlaw officer: Chief Legal Officer 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758
Sloan Robert B Jr director 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758
Fred L. Quatro director 2901 PENNY LANE, EULESS TX 76039

Citizens (Citizens) Headlines

From GuruFocus

Citizens Authorizes New $8 Million Share Repurchase Program

By PRNewswire PRNewswire 07-09-2022

Citizens Reports First Quarter 2022 Financial Results

By PRNewswire PRNewswire 06-05-2022

Citizens Reports First Quarter 2022 Financial Results

By PRNewswire PRNewswire 06-15-2022

Citizens Authorizes New $8 Million Share Repurchase Program

By PRNewswire PRNewswire 06-19-2022

Citizens Authorizes New $8 Million Share Repurchase Program

By PRNewswire PRNewswire 05-20-2022

Citizens Authorizes New $8 Million Share Repurchase Program

By PRNewswire PRNewswire 05-30-2022

Citizens Authorizes New $8 Million Share Repurchase Program

By PRNewswire PRNewswire 05-10-2022

Citizens, Inc. Announces Expansion of White-label Program

By PRNewswire PRNewswire 02-22-2023

CITIZENS, INC. LAUNCHES NEW CORPORATE WEBSITE

By PRNewswire PRNewswire 11-03-2022

Citizens Reports First Quarter 2022 Financial Results

By PRNewswire PRNewswire 05-16-2022