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Great-West Lifeco (FRA:GWS) Cyclically Adjusted PS Ratio : 0.82 (As of Jun. 08, 2024)


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What is Great-West Lifeco Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Great-West Lifeco's current share price is €26.60. Great-West Lifeco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €32.46. Great-West Lifeco's Cyclically Adjusted PS Ratio for today is 0.82.

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

FRA:GWS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.86   Max: 1.08
Current: 0.83

During the past years, Great-West Lifeco's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.48. And the median was 0.86.

FRA:GWS's Cyclically Adjusted PS Ratio is ranked better than
57.49% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs FRA:GWS: 0.83

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.

Great-West Lifeco's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.517. 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 €32.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Great-West Lifeco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Cyclically Adjusted PS Ratio Chart

Great-West Lifeco 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 0.81 0.69 0.77 0.65 0.90

Great-West Lifeco 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 0.74 0.79 0.81 0.90 0.90

Competitive Comparison of Great-West Lifeco's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Great-West Lifeco's Cyclically Adjusted PS Ratio falls into.



Great-West Lifeco 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.

Great-West Lifeco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.60/32.46
=0.82

* 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.

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

For example, Great-West Lifeco'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)
=1.517/126.2576*126.2576
=1.517

Current CPI (Mar. 2024) = 126.2576.

Great-West Lifeco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.844 99.473 8.687
201409 5.955 99.394 7.564
201412 7.549 98.367 9.689
201503 9.293 99.789 11.758
201506 3.043 100.500 3.823
201509 5.791 100.421 7.281
201512 5.597 99.947 7.070
201603 8.428 101.054 10.530
201606 8.886 102.002 10.999
201609 9.215 101.765 11.433
201612 5.622 101.449 6.997
201703 9.107 102.634 11.203
201706 7.480 103.029 9.166
201709 7.048 103.345 8.611
201712 8.632 103.345 10.546
201803 6.141 105.004 7.384
201806 6.992 105.557 8.363
201809 7.993 105.636 9.553
201812 7.751 105.399 9.285
201903 11.313 106.979 13.352
201906 1.945 107.690 2.280
201909 10.608 107.611 12.446
201912 7.860 107.769 9.208
202003 7.177 107.927 8.396
202006 13.922 108.401 16.215
202009 9.504 108.164 11.094
202012 11.664 108.559 13.566
202103 7.855 110.298 8.992
202106 13.123 111.720 14.831
202109 12.538 112.905 14.021
202112 13.436 113.774 14.910
202203 0.481 117.646 0.516
202206 -4.175 120.806 -4.363
202209 -2.251 120.648 -2.356
202212 0.347 120.964 0.362
202303 5.285 122.702 5.438
202306 0.629 124.203 0.639
202309 0.182 125.230 0.183
202312 12.928 125.072 13.051
202403 1.517 126.258 1.517

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.


Great-West Lifeco  (FRA:GWS) 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.


Great-West Lifeco Cyclically Adjusted PS Ratio Related Terms

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


Great-West Lifeco (FRA:GWS) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.

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