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The Travelers (The Travelers) Cyclically Adjusted PS Ratio : 1.51 (As of Apr. 27, 2024)


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What is The Travelers Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Travelers's current share price is $213.45. The Travelers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $141.42. The Travelers's Cyclically Adjusted PS Ratio for today is 1.51.

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

TRV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.63   Max: 2.02
Current: 1.51

During the past years, The Travelers's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.97. And the median was 1.63.

TRV's Cyclically Adjusted PS Ratio is ranked worse than
69.31% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs TRV: 1.51

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.

The Travelers's adjusted revenue per share data for the three months ended in Mar. 2024 was $48.397. 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 $141.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Travelers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Travelers'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.

The Travelers Cyclically Adjusted PS Ratio Chart

The Travelers 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 1.51 1.43 1.40 1.49 1.37

The Travelers 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 1.32 1.30 1.19 1.37 1.63

Competitive Comparison of The Travelers's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, The Travelers'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.


The Travelers's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



The Travelers 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.

The Travelers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=213.45/141.42
=1.51

* 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.

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

For example, The Travelers'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)
=48.397/129.4194*129.4194
=48.397

Current CPI (Mar. 2024) = 129.4194.

The Travelers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.570 100.560 25.186
201409 20.319 100.428 26.185
201412 20.560 99.070 26.858
201503 20.428 99.621 26.538
201506 21.101 100.684 27.123
201509 21.859 100.392 28.179
201512 22.076 99.792 28.630
201603 22.444 100.470 28.911
201606 23.110 101.688 29.412
201609 24.020 101.861 30.519
201612 25.399 101.863 32.270
201703 24.582 102.862 30.929
201706 25.657 103.349 32.129
201709 26.482 104.136 32.912
201712 27.036 104.011 33.640
201803 26.601 105.290 32.697
201806 27.580 106.317 33.573
201809 28.774 106.507 34.964
201812 29.319 105.998 35.797
201903 28.969 107.251 34.957
201906 29.708 108.070 35.577
201909 30.607 108.329 36.566
201912 31.131 108.420 37.161
202003 30.903 108.902 36.725
202006 29.416 108.767 35.001
202009 32.540 109.815 38.349
202012 32.942 109.897 38.794
202103 32.715 111.754 37.886
202106 34.322 114.631 38.750
202109 35.206 115.734 39.369
202112 36.630 117.630 40.301
202203 36.241 121.301 38.667
202206 37.893 125.017 39.227
202209 39.142 125.227 40.453
202212 40.826 125.222 42.195
202303 41.399 127.348 42.072
202306 43.962 128.729 44.198
202309 46.019 129.860 45.863
202312 47.281 129.419 47.281
202403 48.397 129.419 48.397

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.


The Travelers  (NYSE:TRV) 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.


The Travelers Cyclically Adjusted PS Ratio Related Terms

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


The Travelers (The Travelers) Business Description

Address
485 Lexington Avenue, New York, NY, USA, 10017
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.
Executives
Maria Olivo officer: Executive Vice President THE TRAVELERS COMPANIES, INC., 485 LEXINGTON AVENUE, NEW YORK NY 10017
William H Heyman officer: Vice Chairman & CIO THE TRAVELERS COMPANIES INC, 385 WASHINGTON STREET, ST PAUL MN 55102
Andy F Bessette officer: EVP and Chief Admin Officer THE TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET, ST. PAUL MN 55102
Michael Frederick Klein officer: EVP & President, Personal Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Paul E. Munson officer: SVP & Corp. Controller 385 WASHINGTON STREET, ST. PAUL MN 55102
Russell G. Golden director 385 WASHINGTON STREET, ST. PAUL MN 55102
David Donnay Rowland officer: EVP & Co-Chief Invest. Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Avrohom J. Kess officer: Vice Chmn & Chief Legal Off 385 WASHINGTON STREET, ST. PAUL MN 55102
Daniel S. Frey officer: Chief Financial Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Jeffrey P. Klenk officer: EVP & Pres., Bond & Spec. Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Gregory C Toczydlowski officer: EVP & President, Business Ins. 385 WASHINGTON STREET, ST. PAUL MN 55102
Diane Kurtzman officer: EVP & Chief HR Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Alan D Schnitzer officer: Vice Chairman 385 WASHINGTON STREET, ST. PAUL MN 55102
Daniel Tei-hwa Yin officer: EVP & Co-Chief Invest. Officer 385 WASHINGTON STREET, ST. PAUL MN 55102
Douglas K Russel officer: Controller THE TRAVELERS COMPANIES INC, ONE TOWER SQ, HARTFORD CT 06183

The Travelers (The Travelers) Headlines