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Markel Group (Markel Group) Cyclically Adjusted PS Ratio : 1.94 (As of Apr. 27, 2024)


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What is Markel Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Markel Group's current share price is $1436.52. Markel Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $740.89. Markel Group's Cyclically Adjusted PS Ratio for today is 1.94.

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

MKL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.47   Max: 3.51
Current: 1.94

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.

MKL's Cyclically Adjusted PS Ratio is ranked worse than
77.48% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs MKL: 1.94

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 Dec. 2023 was $343.097. 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 $740.89 for the trailing ten years ended in Dec. 2023.

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
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 2.04 1.90 1.97 2.04 1.92

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
=1436.52/740.89
=1.94

* 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 Dec. 2023 is calculated as:

For example, Markel Group'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)
=343.097/129.4194*129.4194
=343.097

Current CPI (Dec. 2023) = 129.4194.

Markel Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 88.181 99.695 114.473
201406 89.575 100.560 115.282
201409 92.430 100.428 119.113
201412 94.984 99.070 124.082
201503 92.594 99.621 120.290
201506 92.841 100.684 119.338
201509 95.489 100.392 123.099
201512 100.914 99.792 130.874
201603 97.782 100.470 125.956
201606 97.667 101.688 124.302
201609 101.617 101.861 129.109
201612 101.412 101.863 128.847
201703 100.516 102.862 126.467
201706 105.740 103.349 132.413
201709 107.786 104.136 133.956
201712 119.017 104.011 148.091
201803 111.496 105.290 137.048
201806 148.614 106.317 180.908
201809 160.718 106.507 195.293
201812 77.795 105.998 94.985
201903 176.028 107.251 212.413
201906 177.472 108.070 212.533
201909 150.501 108.329 179.801
201912 181.678 108.420 216.866
202003 31.411 108.902 37.329
202006 224.651 108.767 267.306
202009 205.661 109.815 242.376
202012 234.987 109.897 276.731
202103 211.065 111.754 244.428
202106 252.480 114.631 285.051
202109 198.427 115.734 221.890
202112 274.846 117.630 302.394
202203 192.590 121.301 205.480
202206 139.382 125.017 144.290
202209 233.893 125.227 241.724
202212 304.371 125.222 314.574
202303 267.938 127.348 272.297
202306 307.774 128.729 309.425
202309 255.859 129.860 254.992
202312 343.097 129.419 343.097

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  (NYSE:MKL) 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 (Markel Group) 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.
Executives
Lawrence A Cunningham director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Mark Besca director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
A. Lynne Puckett director C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Sinnickson Gayner officer: Pres. & Chief Investment Off. C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Steven A Markel director, officer: Vice Chairman
Greta J Harris director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Morgan E. Housel director 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Teresa S Gendron officer: Chief Financial Officer 520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022
Diane Leopold director 120 TREDEGAR STREET, RICHMOND VA 23219
Anthony F Markel director, officer: Vice Chairman 4551 COX RD, GLEN ALLEN VA 23060
Andrew G. Crowley officer: President, Markel Ventures 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Whitt Richard R Iii officer: President & Co-COO C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brian J. Costanzo officer: CAO and Controller 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Stewart M Kasen director 5818 EL CAMINO REAL, CARLSBAD CA 92008
Susan L. Davies officer: CHRO, Markel Insurance MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060