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Horace Mann Educators (Horace Mann Educators) Cyclically Adjusted PS Ratio : 1.05 (As of Apr. 27, 2024)


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What is Horace Mann Educators Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Horace Mann Educators's current share price is $36.74. Horace Mann Educators's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $34.88. Horace Mann Educators's Cyclically Adjusted PS Ratio for today is 1.05.

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

HMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.32   Max: 1.78
Current: 1.05

During the past years, Horace Mann Educators's highest Cyclically Adjusted PS Ratio was 1.78. The lowest was 0.83. And the median was 1.32.

HMN's Cyclically Adjusted PS Ratio is ranked worse than
52.72% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs HMN: 1.05

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.

Horace Mann Educators's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.285. 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 $34.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Horace Mann Educators Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Horace Mann Educators'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.

Horace Mann Educators Cyclically Adjusted PS Ratio Chart

Horace Mann Educators 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 1.53 1.44 1.23 1.11 0.94

Horace Mann Educators 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 1.11 0.98 0.86 0.84 0.94

Competitive Comparison of Horace Mann Educators's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Horace Mann Educators'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.


Horace Mann Educators's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Horace Mann Educators's Cyclically Adjusted PS Ratio falls into.



Horace Mann Educators 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.

Horace Mann Educators's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.74/34.88
=1.05

* 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.

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

For example, Horace Mann Educators'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)
=9.285/129.4194*129.4194
=9.285

Current CPI (Dec. 2023) = 129.4194.

Horace Mann Educators Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.182 99.695 8.025
201406 6.257 100.560 8.053
201409 6.274 100.428 8.085
201412 6.329 99.070 8.268
201503 6.386 99.621 8.296
201506 6.328 100.684 8.134
201509 6.282 100.392 8.098
201512 6.479 99.792 8.403
201603 6.539 100.470 8.423
201606 6.863 101.688 8.735
201609 7.042 101.861 8.947
201612 6.776 101.863 8.609
201703 6.949 102.862 8.743
201706 7.024 103.349 8.796
201709 6.971 104.136 8.664
201712 7.238 104.011 9.006
201803 7.094 105.290 8.720
201806 7.338 106.317 8.933
201809 7.439 106.507 9.039
201812 6.206 105.998 7.577
201903 7.560 107.251 9.123
201906 10.833 108.070 12.973
201909 7.846 108.329 9.373
201912 7.694 108.420 9.184
202003 7.381 108.902 8.772
202006 7.581 108.767 9.020
202009 7.743 109.815 9.125
202012 8.007 109.897 9.429
202103 7.380 111.754 8.547
202106 8.245 114.631 9.309
202109 7.412 115.734 8.288
202112 7.173 117.630 7.892
202203 7.926 121.301 8.456
202206 7.959 125.017 8.239
202209 8.113 125.227 8.385
202212 8.125 125.222 8.397
202303 8.442 127.348 8.579
202306 8.229 128.729 8.273
202309 8.652 129.860 8.623
202312 9.285 129.419 9.285

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.


Horace Mann Educators  (NYSE:HMN) 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.


Horace Mann Educators Cyclically Adjusted PS Ratio Related Terms

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


Horace Mann Educators (Horace Mann Educators) Business Description

Traded in Other Exchanges
N/A
Address
1 Horace Mann Plaza, Springfield, IL, USA, 62715-0001
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are 403(b) tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The company uses several former teachers in its salesforce. Its segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement and Corporate and Other.
Executives
Beverley J. Mcclure director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Victor Fetter director 4828 PARKWAY PLAZA, CHARLOTTE NC 28217
Aaliyah A Samuel director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Michael Weckenbrock officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Stephen J Mcanena officer: EVP & Chief Operating Officer C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Matthew P. Sharpe officer: Executive Vice President 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Thomas A Bradley director 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Kimberly A Johnson officer: Vice President & Controller C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Robert Stricker director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Marita Zuraitis director, officer: President & CEO THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Derik Tyson Sanders officer: Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Stephanie A Fulks officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Timothy A Darley officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Bret A Conklin officer: SVP & Controller C/O HORACE MANN EDUCATORS CORP, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715