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Talanx AG (Talanx AG) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 09, 2024)


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What is Talanx AG Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Talanx AG's current share price is $17.67. Talanx AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.38. Talanx AG's Cyclically Adjusted PS Ratio for today is 0.46.

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

TLLXY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.53
Current: 0.53

During the past years, Talanx AG's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.19. And the median was 0.28.

TLLXY's Cyclically Adjusted PS Ratio is ranked better than
72.48% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs TLLXY: 0.53

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.

Talanx AG's adjusted revenue per share data for the three months ended in Dec. 2023 was $-16.622. 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 $38.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Talanx AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Talanx AG'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.

Talanx AG Cyclically Adjusted PS Ratio Chart

Talanx AG 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 - 0.24 0.30 0.31 0.46

Talanx AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 0.29 0.36 0.41 0.46

Competitive Comparison of Talanx AG's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Talanx AG'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.


Talanx AG's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Talanx AG 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.

Talanx AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.67/38.38
=0.46

* 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.

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

For example, Talanx AG'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)
=-16.622/123.7729*123.7729
=-16.622

Current CPI (Dec. 2023) = 123.7729.

Talanx AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.356 99.543 22.824
201406 17.849 99.543 22.194
201409 17.533 99.823 21.740
201412 19.530 99.543 24.284
201503 15.743 99.717 19.541
201506 16.498 100.417 20.335
201509 16.545 100.417 20.393
201512 17.391 99.717 21.587
201603 16.121 100.017 19.950
201606 16.645 100.717 20.455
201609 16.301 101.017 19.973
201612 16.798 101.217 20.541
201703 16.335 101.417 19.936
201706 17.410 102.117 21.102
201709 20.252 102.717 24.403
201712 20.522 102.617 24.753
201803 19.618 102.917 23.593
201806 19.423 104.017 23.112
201809 19.011 104.718 22.470
201812 20.270 104.217 24.073
201903 19.754 104.217 23.461
201906 20.311 105.718 23.780
201909 20.619 106.018 24.072
201912 23.200 105.818 27.137
202003 20.187 105.718 23.635
202006 20.685 106.618 24.013
202009 23.010 105.818 26.914
202012 25.712 105.518 30.160
202103 24.307 107.518 27.982
202106 24.690 108.486 28.169
202109 24.743 109.435 27.985
202112 26.462 110.384 29.672
202203 20.709 113.968 22.491
202206 -0.834 115.760 -0.892
202209 19.656 118.818 20.476
202212 -17.148 119.345 -17.784
202303 22.230 122.402 22.479
202306 1.610 123.140 1.618
202309 22.397 124.195 22.321
202312 -16.622 123.773 -16.622

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.


Talanx AG  (OTCPK:TLLXY) 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.


Talanx AG Cyclically Adjusted PS Ratio Related Terms

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


Talanx AG (Talanx AG) Business Description

Industry
Traded in Other Exchanges
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.

Talanx AG (Talanx AG) Headlines