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Old Republic International (Old Republic International) Cyclically Adjusted PS Ratio : 1.10 (As of Apr. 27, 2024)


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What is Old Republic International Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Old Republic International's current share price is $30.13. Old Republic International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $27.31. Old Republic International's Cyclically Adjusted PS Ratio for today is 1.10.

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

ORI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.98   Max: 1.16
Current: 1.1

During the past years, Old Republic International's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.63. And the median was 0.98.

ORI's Cyclically Adjusted PS Ratio is ranked worse than
54.46% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs ORI: 1.10

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.

Old Republic International's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.983. 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 $27.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Old Republic International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Old Republic International'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.

Old Republic International Cyclically Adjusted PS Ratio Chart

Old Republic International 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 1.05 0.89 1.00 0.92 1.08

Old Republic International 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 0.92 0.93 0.93 0.99 1.08

Competitive Comparison of Old Republic International's Cyclically Adjusted PS Ratio

For the Insurance - Diversified subindustry, Old Republic International'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.


Old Republic International's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Old Republic International's Cyclically Adjusted PS Ratio falls into.



Old Republic International 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.

Old Republic International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.13/27.31
=1.10

* 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.

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

For example, Old Republic International'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)
=6.983/129.4194*129.4194
=6.983

Current CPI (Dec. 2023) = 129.4194.

Old Republic International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.857 99.695 6.305
201406 4.520 100.560 5.817
201409 4.714 100.428 6.075
201412 4.656 99.070 6.082
201503 4.500 99.621 5.846
201506 4.762 100.684 6.121
201509 5.224 100.392 6.735
201512 4.991 99.792 6.473
201603 4.782 100.470 6.160
201606 4.870 101.688 6.198
201609 5.046 101.861 6.411
201612 5.216 101.863 6.627
201703 4.844 102.862 6.095
201706 5.024 103.349 6.291
201709 5.336 104.136 6.632
201712 5.718 104.011 7.115
201803 4.759 105.290 5.850
201806 5.416 106.317 6.593
201809 5.925 106.507 7.200
201812 5.049 105.998 6.165
201903 6.224 107.251 7.511
201906 5.468 108.070 6.548
201909 5.876 108.329 7.020
201912 7.211 108.420 8.608
202003 2.543 108.902 3.022
202006 6.806 108.767 8.098
202009 6.549 109.815 7.718
202012 8.116 109.897 9.558
202103 7.857 111.754 9.099
202106 7.453 114.631 8.414
202109 6.628 115.734 7.412
202112 8.892 117.630 9.783
202203 7.224 121.301 7.707
202206 5.958 125.017 6.168
202209 5.667 125.227 5.857
202212 7.896 125.222 8.161
202303 5.981 127.348 6.078
202306 6.246 128.729 6.280
202309 6.287 129.860 6.266
202312 6.983 129.419 6.983

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.


Old Republic International  (NYSE:ORI) 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.


Old Republic International Cyclically Adjusted PS Ratio Related Terms

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


Old Republic International (Old Republic International) Business Description

Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.
Executives
Charles J Kovaleski director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Jeffrey Lange officer: SVPUnderwriting & Distribution 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Carolyn Monroe officer: SVP - Title Insurance 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Barbara Adachi director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Stephen J Oberst officer: Executive Vice President 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
John Eric Smith director 260 LENA DRIVE, AURORA OH 44202
Michael Denard Kennedy director 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Lisa J Caldwell director 307 N. MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Aldo C Zucaro director, officer: Chairman, President & CEO 307 N MICHIGAN AVE, STE 2300, CHICAGO IL 60601
Glenn W Reed director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Karl W Mueller officer: Senior VP & CFO 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Thomas Dare officer: SrVP Secretary General Counsel 307 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
William T Gray officer: Senior VP & Treasurer
Rande Keith Yeager officer: SVP, Title Insurance 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601
Steven J Bateman director 307 NORTH MICHIGAN AVENUE, SUITE 2300, CHICAGO IL 60601