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Allianz SE (WAR:ALV) Cyclically Adjusted PS Ratio : 0.99 (As of Jun. 01, 2024)


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What is Allianz SE Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Allianz SE's current share price is zł1137.00. Allianz SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł1,147.70. Allianz SE's Cyclically Adjusted PS Ratio for today is 0.99.

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

WAR:ALV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.77   Max: 1.02
Current: 0.92

During the past years, Allianz SE's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.40. And the median was 0.77.

WAR:ALV's Cyclically Adjusted PS Ratio is ranked better than
56.2% of 395 companies
in the Insurance industry
Industry Median: 1.01 vs WAR:ALV: 0.92

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.

Allianz SE's adjusted revenue per share data for the three months ended in Mar. 2024 was zł401.098. 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 zł1,147.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allianz SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allianz SE'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.

Allianz SE Cyclically Adjusted PS Ratio Chart

Allianz SE 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 0.96 0.88 0.79 0.72 0.84

Allianz SE 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 0.74 0.77 0.84 0.95

Competitive Comparison of Allianz SE's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Allianz SE 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.

Allianz SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1137.00/1147.7
=0.99

* 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.

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

For example, Allianz SE'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)
=401.098/125.0381*125.0381
=401.098

Current CPI (Mar. 2024) = 125.0381.

Allianz SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 301.361 99.543 378.548
201409 283.373 99.823 354.954
201412 275.421 99.543 345.964
201503 277.169 99.717 347.552
201506 255.631 100.417 318.310
201509 236.333 100.417 294.280
201512 258.906 99.717 324.651
201603 259.190 100.017 324.032
201606 244.495 100.717 303.536
201609 269.475 101.017 333.555
201612 139.610 101.217 172.467
201703 250.290 101.417 308.586
201706 262.523 102.117 321.449
201709 298.651 102.717 363.550
201712 137.036 102.617 166.977
201803 293.592 102.917 356.696
201806 285.654 104.017 343.382
201809 333.056 104.718 397.686
201812 40.499 104.217 48.590
201903 292.740 104.217 351.224
201906 290.529 105.718 343.625
201909 286.972 106.018 338.457
201912 64.099 105.818 75.742
202003 250.341 105.718 296.092
202006 304.103 106.618 356.643
202009 311.589 105.818 368.185
202012 368.373 105.518 436.521
202103 333.678 107.518 388.051
202106 317.763 108.486 366.246
202109 326.250 109.435 372.767
202112 982.975 110.384 1,113.476
202203 224.516 113.968 246.324
202206 124.742 115.760 134.740
202209 250.408 118.818 263.517
202212 336.578 119.345 352.634
202303 324.262 122.402 331.244
202306 333.663 123.140 338.805
202309 268.688 124.195 270.513
202312 170.979 123.773 172.727
202403 401.098 125.038 401.098

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.


Allianz SE  (WAR:ALV) 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.


Allianz SE Cyclically Adjusted PS Ratio Related Terms

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


Allianz SE (WAR:ALV) Business Description

Industry
Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

Allianz SE (WAR:ALV) Headlines

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