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Markel Group (FRA:MKV) Cyclically Adjusted PS Ratio : 2.16 (As of May. 13, 2024)


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What is Markel Group Cyclically Adjusted PS Ratio?

As of today (2024-05-13), Markel Group's current share price is €1519.00. Markel Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €704.81. Markel Group's Cyclically Adjusted PS Ratio for today is 2.16.

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

FRA:MKV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.47   Max: 3.51
Current: 2.16

During the past years, Markel Group's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 1.73. And the median was 2.47.

FRA:MKV's Cyclically Adjusted PS Ratio is ranked worse than
79.56% of 406 companies
in the Insurance industry
Industry Median: 1.02 vs FRA:MKV: 2.16

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.

Markel Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €315.883. 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 €704.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Markel 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.

Markel Group Cyclically Adjusted PS Ratio Chart

Markel 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 2.73 2.21 2.19 2.04 1.92

Markel 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 1.90 1.97 2.04 1.92 1.99

Competitive Comparison of Markel Group's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Markel 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.


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

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

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



Markel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1519.00/704.81
=2.16

* 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.

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

For example, Markel 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)
=315.883/129.4194*129.4194
=315.883

Current CPI (Mar. 2024) = 129.4194.

Markel Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 65.927 100.560 84.848
201409 71.726 100.428 92.432
201412 77.032 99.070 100.631
201503 85.557 99.621 111.148
201506 82.722 100.684 106.331
201509 85.081 100.392 109.682
201512 92.639 99.792 120.142
201603 87.808 100.470 113.109
201606 86.924 101.688 110.629
201609 90.541 101.861 115.037
201612 96.138 101.863 122.146
201703 93.982 102.862 118.246
201706 94.109 103.349 117.848
201709 90.432 104.136 112.389
201712 100.569 104.011 125.136
201803 90.423 105.290 111.146
201806 127.214 106.317 154.858
201809 137.735 106.507 167.366
201812 68.382 105.998 83.492
201903 155.785 107.251 187.986
201906 157.063 108.070 188.092
201909 136.655 108.329 163.260
201912 163.510 108.420 195.179
202003 28.427 108.902 33.783
202006 199.490 108.767 237.368
202009 174.606 109.815 205.777
202012 193.159 109.897 227.473
202103 177.295 111.754 205.320
202106 209.558 114.631 236.592
202109 168.663 115.734 188.607
202112 243.239 117.630 267.619
202203 174.872 121.301 186.576
202206 131.856 125.017 136.499
202209 236.232 125.227 244.142
202212 287.326 125.222 296.958
202303 250.254 127.348 254.325
202306 284.076 128.729 285.600
202309 239.739 129.860 238.927
202312 314.620 129.419 314.620
202403 315.883 129.419 315.883

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.


Markel Group  (FRA:MKV) 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.


Markel Group Cyclically Adjusted PS Ratio Related Terms

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


Markel Group (FRA:MKV) Business Description

Traded in Other Exchanges
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.