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Donegal Group (Donegal Group) Cyclically Adjusted PS Ratio : 0.44 (As of May. 27, 2024)


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What is Donegal Group Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Donegal Group's current share price is $12.95. Donegal Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.72. Donegal Group's Cyclically Adjusted PS Ratio for today is 0.44.

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

DGICB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.62   Max: 0.98
Current: 0.42

During the past years, Donegal Group's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.42. And the median was 0.62.

DGICB's Cyclically Adjusted PS Ratio is ranked better than
81.06% of 396 companies
in the Insurance industry
Industry Median: 1.035 vs DGICB: 0.42

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.

Donegal Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.215. 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 $29.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Donegal Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Donegal 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.

Donegal Group Cyclically Adjusted PS Ratio Chart

Donegal 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 0.61 0.55 0.52 0.48 0.46

Donegal 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 0.51 0.47 0.46 0.46 0.45

Competitive Comparison of Donegal Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Donegal 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.


Donegal Group's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Donegal 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.

Donegal Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.95/29.72
=0.44

* 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.

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

For example, Donegal 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)
=7.215/131.7762*131.7762
=7.215

Current CPI (Mar. 2024) = 131.7762.

Donegal Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.390 100.560 7.063
201409 5.450 100.428 7.151
201412 5.506 99.070 7.324
201503 5.570 99.621 7.368
201506 5.640 100.684 7.382
201509 5.640 100.392 7.403
201512 5.857 99.792 7.734
201603 6.291 100.470 8.251
201606 6.303 101.688 8.168
201609 6.365 101.861 8.234
201612 6.396 101.863 8.274
201703 6.590 102.862 8.442
201706 6.525 103.349 8.320
201709 6.667 104.136 8.437
201712 6.602 104.011 8.364
201803 6.693 105.290 8.377
201806 6.900 106.317 8.552
201809 6.995 106.507 8.655
201812 6.564 105.998 8.160
201903 7.524 107.251 9.245
201906 6.924 108.070 8.443
201909 6.859 108.329 8.344
201912 6.925 108.420 8.417
202003 6.371 108.902 7.709
202006 6.805 108.767 8.245
202009 6.658 109.815 7.989
202012 6.564 109.897 7.871
202103 6.497 111.754 7.661
202106 6.581 114.631 7.565
202109 6.499 115.734 7.400
202112 6.700 117.630 7.506
202203 6.615 121.301 7.186
202206 6.456 125.017 6.805
202209 6.578 125.227 6.922
202212 6.847 125.222 7.205
202303 6.822 127.348 7.059
202306 6.931 128.729 7.095
202309 7.052 129.860 7.156
202312 7.190 129.419 7.321
202403 7.215 131.776 7.215

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.


Donegal Group  (NAS:DGICB) 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.


Donegal Group Cyclically Adjusted PS Ratio Related Terms

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


Donegal Group (Donegal Group) Business Description

Traded in Other Exchanges
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.

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