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Assured Guaranty (FRA:DHU) Cyclically Adjusted PS Ratio : 5.24 (As of May. 29, 2024)


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What is Assured Guaranty Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Assured Guaranty's current share price is €69.00. Assured Guaranty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.18. Assured Guaranty's Cyclically Adjusted PS Ratio for today is 5.24.

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

FRA:DHU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.88   Med: 4.34   Max: 6.72
Current: 5.26

During the past years, Assured Guaranty's highest Cyclically Adjusted PS Ratio was 6.72. The lowest was 1.88. And the median was 4.34.

FRA:DHU's Cyclically Adjusted PS Ratio is ranked worse than
93.67% of 395 companies
in the Insurance industry
Industry Median: 1.03 vs FRA:DHU: 5.26

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.

Assured Guaranty's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.641. 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 €13.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assured Guaranty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Cyclically Adjusted PS Ratio Chart

Assured Guaranty 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 4.78 2.95 4.51 5.01 5.48

Assured Guaranty 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 3.81 4.07 4.44 5.48 6.11

Competitive Comparison of Assured Guaranty's Cyclically Adjusted PS Ratio

For the Insurance - Specialty subindustry, Assured Guaranty'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.


Assured Guaranty's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Assured Guaranty 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.

Assured Guaranty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.00/13.18
=5.24

* 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.

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

For example, Assured Guaranty'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)
=3.641/131.7762*131.7762
=3.641

Current CPI (Mar. 2024) = 131.7762.

Assured Guaranty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.345 100.560 1.763
201409 2.172 100.428 2.850
201412 4.490 99.070 5.972
201503 2.216 99.621 2.931
201506 2.798 100.684 3.662
201509 2.226 100.392 2.922
201512 4.792 99.792 6.328
201603 1.488 100.470 1.952
201606 2.588 101.688 3.354
201609 2.134 101.861 2.761
201612 3.189 101.863 4.125
201703 3.377 102.862 4.326
201706 2.147 103.349 2.738
201709 4.310 104.136 5.454
201712 1.965 104.011 2.490
201803 2.010 105.290 2.516
201806 1.653 106.317 2.049
201809 2.188 106.507 2.707
201812 1.519 105.998 1.888
201903 1.617 107.251 1.987
201906 2.024 108.070 2.468
201909 1.855 108.329 2.256
201912 2.803 108.420 3.407
202003 1.143 108.902 1.383
202006 3.481 108.767 4.217
202009 2.533 109.815 3.040
202012 3.835 109.897 4.599
202103 1.691 111.754 1.994
202106 1.824 114.631 2.097
202109 2.206 115.734 2.512
202112 2.350 117.630 2.633
202203 3.772 121.301 4.098
202206 1.142 125.017 1.204
202209 0.353 125.227 0.371
202212 4.807 125.222 5.059
202303 3.557 127.348 3.681
202306 5.483 128.729 5.613
202309 2.295 129.860 2.329
202312 4.545 129.419 4.628
202403 3.641 131.776 3.641

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.


Assured Guaranty  (FRA:DHU) 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.


Assured Guaranty Cyclically Adjusted PS Ratio Related Terms

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


Assured Guaranty (FRA:DHU) Business Description

Traded in Other Exchanges
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.

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