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Sompo Holdings (FRA:ANK) Cyclically Adjusted PS Ratio : 0.84 (As of Jun. 07, 2024)


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What is Sompo Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Sompo Holdings's current share price is €19.40. Sompo Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €23.16. Sompo Holdings's Cyclically Adjusted PS Ratio for today is 0.84.

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

FRA:ANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.57   Max: 0.91
Current: 0.9

During the past years, Sompo Holdings's highest Cyclically Adjusted PS Ratio was 0.91. The lowest was 0.38. And the median was 0.57.

FRA:ANK's Cyclically Adjusted PS Ratio is ranked better than
56.93% of 397 companies
in the Insurance industry
Industry Median: 1 vs FRA:ANK: 0.90

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.

Sompo Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was €7.575. 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 €23.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sompo Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sompo 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.

Sompo Holdings Cyclically Adjusted PS Ratio Chart

Sompo 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 0.41 0.49 0.58 0.52 -

Sompo 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 0.52 0.62 0.60 0.63 -

Competitive Comparison of Sompo Holdings's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Sompo 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.


Sompo Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Sompo 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.

Sompo Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.40/23.16
=0.84

* 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.

Sompo Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sompo 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)
=7.575/106.8000*106.8000
=7.575

Current CPI (Dec. 2023) = 106.8000.

Sompo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.577 95.700 5.108
201406 4.538 98.000 4.945
201409 4.682 98.500 5.077
201412 4.519 97.900 4.930
201503 5.179 97.900 5.650
201506 4.829 98.400 5.241
201509 5.090 98.500 5.519
201512 4.743 98.100 5.164
201603 5.313 97.900 5.796
201606 5.829 98.100 6.346
201609 5.967 98.000 6.503
201612 5.782 98.400 6.276
201703 6.250 98.100 6.804
201706 6.692 98.500 7.256
201709 6.003 98.800 6.489
201712 6.003 99.400 6.450
201803 6.045 99.200 6.508
201806 6.637 99.200 7.145
201809 6.170 99.900 6.596
201812 5.812 99.700 6.226
201903 6.459 99.700 6.919
201906 7.406 99.800 7.925
201909 7.172 100.100 7.652
201912 6.568 100.500 6.980
202003 6.915 100.300 7.363
202006 7.728 99.900 8.262
202009 7.046 99.900 7.533
202012 6.721 99.300 7.229
202103 6.676 99.900 7.137
202106 7.577 99.500 8.133
202109 7.947 100.100 8.479
202112 7.259 100.100 7.745
202203 7.446 101.100 7.866
202206 8.258 101.800 8.664
202209 8.210 103.100 8.505
202212 7.189 104.100 7.375
202303 7.556 104.400 7.730
202306 9.207 105.200 9.347
202309 7.641 106.200 7.684
202312 7.575 106.800 7.575

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.


Sompo Holdings  (FRA:ANK) 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.


Sompo Holdings Cyclically Adjusted PS Ratio Related Terms

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


Sompo Holdings (FRA:ANK) Business Description

Traded in Other Exchanges
Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

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