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CNA Financial (FRA:CNH) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 01, 2024)


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What is CNA Financial Cyclically Adjusted PS Ratio?

As of today (2024-06-01), CNA Financial's current share price is €41.80. CNA Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €42.61. CNA Financial's Cyclically Adjusted PS Ratio for today is 0.98.

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

FRA:CNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.03   Max: 1.52
Current: 0.98

During the past years, CNA Financial's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.68. And the median was 1.03.

FRA:CNH's Cyclically Adjusted PS Ratio is ranked better than
52.41% of 395 companies
in the Insurance industry
Industry Median: 1.01 vs FRA:CNH: 0.98

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.

CNA Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.437. 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 €42.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNA Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CNA Financial'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.

CNA Financial Cyclically Adjusted PS Ratio Chart

CNA Financial 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 1.17 1.01 1.06 0.95 0.92

CNA Financial 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 0.87 0.85 0.86 0.92 0.97

Competitive Comparison of CNA Financial's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, CNA Financial'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.


CNA Financial's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



CNA Financial 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.

CNA Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.80/42.61
=0.98

* 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.

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

For example, CNA Financial'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)
=11.437/131.7762*131.7762
=11.437

Current CPI (Mar. 2024) = 131.7762.

CNA Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.637 100.560 8.697
201409 6.914 100.428 9.072
201412 7.127 99.070 9.480
201503 8.028 99.621 10.619
201506 7.659 100.684 10.024
201509 7.084 100.392 9.299
201512 7.695 99.792 10.161
201603 7.276 100.470 9.543
201606 7.714 101.688 9.996
201609 7.993 101.861 10.340
201612 8.348 101.863 10.800
201703 8.018 102.862 10.272
201706 7.745 103.349 9.875
201709 7.394 104.136 9.357
201712 7.594 104.011 9.621
201803 7.547 105.290 9.446
201806 8.089 106.317 10.026
201809 8.246 106.507 10.202
201812 7.743 105.998 9.626
201903 8.749 107.251 10.750
201906 8.480 108.070 10.340
201909 8.943 108.329 10.879
201912 9.172 108.420 11.148
202003 7.637 108.902 9.241
202006 8.887 108.767 10.767
202009 8.571 109.815 10.285
202012 8.561 109.897 10.265
202103 8.689 111.754 10.246
202106 9.216 114.631 10.594
202109 8.958 115.734 10.200
202112 9.622 117.630 10.779
202203 9.539 121.301 10.363
202206 10.133 125.017 10.681
202209 11.098 125.227 11.678
202212 10.793 125.222 11.358
202303 10.726 127.348 11.099
202306 11.025 128.729 11.286
202309 11.383 129.860 11.551
202312 11.592 129.419 11.803
202403 11.437 131.776 11.437

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.


CNA Financial  (FRA:CNH) 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.


CNA Financial Cyclically Adjusted PS Ratio Related Terms

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


CNA Financial (FRA:CNH) Business Description

Traded in Other Exchanges
Address
151 N. Franklin Street, Chicago, IL, USA, 60606
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.