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Primerica (Primerica) Cyclically Adjusted PS Ratio : 3.81 (As of Apr. 27, 2024)


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What is Primerica Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Primerica's current share price is $213.46. Primerica's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $56.07. Primerica's Cyclically Adjusted PS Ratio for today is 3.81.

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

PRI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.81   Max: 4.55
Current: 3.9

During the past years, Primerica's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 2.04. And the median was 3.81.

PRI's Cyclically Adjusted PS Ratio is ranked worse than
90.35% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs PRI: 3.90

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.

Primerica's adjusted revenue per share data for the three months ended in Dec. 2023 was $20.669. 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 $56.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primerica Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Primerica'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.

Primerica Cyclically Adjusted PS Ratio Chart

Primerica 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 4.27 3.90 3.66 2.87 3.67

Primerica 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 2.87 3.35 3.71 3.53 3.67

Competitive Comparison of Primerica's Cyclically Adjusted PS Ratio

For the Insurance - Life subindustry, Primerica'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.


Primerica's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Primerica 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.

Primerica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=213.46/56.07
=3.81

* 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.

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

For example, Primerica'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)
=20.669/129.4194*129.4194
=20.669

Current CPI (Dec. 2023) = 129.4194.

Primerica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.872 99.695 7.623
201406 6.026 100.560 7.755
201409 6.190 100.428 7.977
201412 6.426 99.070 8.395
201503 6.545 99.621 8.503
201506 6.765 100.684 8.696
201509 7.099 100.392 9.152
201512 7.202 99.792 9.340
201603 7.465 100.470 9.616
201606 7.944 101.688 10.110
201609 8.153 101.861 10.359
201612 8.473 101.863 10.765
201703 8.737 102.862 10.993
201706 8.980 103.349 11.245
201709 9.410 104.136 11.695
201712 9.862 104.011 12.271
201803 10.254 105.290 12.604
201806 10.582 106.317 12.881
201809 11.122 106.507 13.515
201812 11.254 105.998 13.741
201903 11.527 107.251 13.910
201906 11.847 108.070 14.187
201909 12.367 108.329 14.775
201912 12.786 108.420 15.262
202003 12.729 108.902 15.127
202006 13.065 108.767 15.546
202009 14.315 109.815 16.871
202012 15.128 109.897 17.815
202103 16.112 111.754 18.659
202106 16.510 114.631 18.640
202109 17.471 115.734 19.537
202112 18.298 117.630 20.132
202203 17.574 121.301 18.750
202206 17.368 125.017 17.980
202209 17.935 125.227 18.536
202212 18.585 125.222 19.208
202303 18.749 127.348 19.054
202306 18.969 128.729 19.071
202309 19.846 129.860 19.779
202312 20.669 129.419 20.669

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.


Primerica  (NYSE:PRI) 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.


Primerica Cyclically Adjusted PS Ratio Related Terms

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


Primerica (Primerica) Business Description

Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Executives
Alison S. Rand officer: Executive VP and CFO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams officer: President 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan officer: Executive VP, Finance 5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider officer: Exec. VP and General Counsel 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr. director, officer: Co-Chief Executive Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts officer: Executive VP and COO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson director NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle director 3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer director 22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss director ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099