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Universal Insurance Holdings (Universal Insurance Holdings) Cyclically Adjusted Revenue per Share : $31.29 (As of Dec. 2023)


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What is Universal Insurance Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Universal Insurance Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was $12.747. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $31.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Universal Insurance Holdings's average Cyclically Adjusted Revenue Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Universal Insurance Holdings was 53.40% per year. The lowest was 18.90% per year. And the median was 22.45% per year.

As of today (2024-04-27), Universal Insurance Holdings's current stock price is $19.54. Universal Insurance Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $31.29. Universal Insurance Holdings's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Universal Insurance Holdings was 5.45. The lowest was 0.33. And the median was 2.17.


Universal Insurance Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Universal Insurance Holdings's Cyclically Adjusted Revenue per Share 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.

Universal Insurance Holdings Cyclically Adjusted Revenue per Share Chart

Universal Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.10 17.98 22.22 26.80 31.29

Universal Insurance Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 26.80 28.08 29.22 30.41 31.29

Competitive Comparison of Universal Insurance Holdings's Cyclically Adjusted Revenue per Share

For the Insurance - Property & Casualty subindustry, Universal Insurance Holdings'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.


Universal Insurance Holdings's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Universal Insurance Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Universal Insurance Holdings'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)
=12.747/129.4194*129.4194
=12.747

Current CPI (Dec. 2023) = 129.4194.

Universal Insurance Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.085 99.695 2.707
201406 2.473 100.560 3.183
201409 2.973 100.428 3.831
201412 2.959 99.070 3.865
201503 2.877 99.621 3.738
201506 3.433 100.684 4.413
201509 4.362 100.392 5.623
201512 4.530 99.792 5.875
201603 4.620 100.470 5.951
201606 4.763 101.688 6.062
201609 4.827 101.861 6.133
201612 4.986 101.863 6.335
201703 4.833 102.862 6.081
201706 5.158 103.349 6.459
201709 5.342 104.136 6.639
201712 5.673 104.011 7.059
201803 5.370 105.290 6.601
201806 5.895 106.317 7.176
201809 5.739 106.507 6.974
201812 6.030 105.998 7.362
201903 6.720 107.251 8.109
201906 6.753 108.070 8.087
201909 6.768 108.329 8.086
201912 7.203 108.420 8.598
202003 7.188 108.902 8.542
202006 7.855 108.767 9.346
202009 9.844 109.815 11.601
202012 8.731 109.897 10.282
202103 8.401 111.754 9.729
202106 8.917 114.631 10.067
202109 9.167 115.734 10.251
202112 9.344 117.630 10.281
202203 9.206 121.301 9.822
202206 9.455 125.017 9.788
202209 10.221 125.227 10.563
202212 10.856 125.222 11.220
202303 10.335 127.348 10.503
202306 11.076 128.729 11.135
202309 12.157 129.860 12.116
202312 12.747 129.419 12.747

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Universal Insurance Holdings  (NYSE:UVE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Universal Insurance Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.54/31.29
=0.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Universal Insurance Holdings was 5.45. The lowest was 0.33. And the median was 2.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Universal Insurance Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Universal Insurance Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Insurance Holdings (Universal Insurance Holdings) Business Description

Traded in Other Exchanges
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
Executives
Sean P Downes director 2875 N.E. 191ST, SUITE 300, MIAMI FL 33180
Stephen Donaghy director, officer: CEO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Michael Pietrangelo director 6410 POPLAR AVE, STE 190, MIMPHIS TN 38119
Gary Lloyd Ropiecki officer: Principal Accounting Officer 1110 W. COMMERCIAL BLVD., FORT LAUDERDALE FL 33309
Jon Springer director, officer: President and CRO UNIVERSAL INSURANCE HOLDINGS INC., 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Shannon A Brown director 1001 TILLMAN STREET, MEMPHIS TN 38112
Mccahill Francis Xavier Iii director 1314 SOUTH RAMONA AVENUE, INDIALANTIC FL 32903
Scott P. Callahan director 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Joel Wilentz director 5811 SW 33RD TERR, FORT LAUDERDALE FL 33312
Ozzie A Schindler director 1451 STILLWATER DRIVE, MIAMI BEACH FL 33141-1031
Richard D Peterson director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309
Marlene Gordon director C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134
Frank Wilcox officer: CFO, Principal Acct. Officer 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE FL 33309
Kimberly D Campos director, officer: CIO & CAO 1110 WEST COMMERCIAL BOULEVARD, SUITE 100, FORT LAUDERDALE FL 33309
Ralph J. Palmieri director 1110 WEST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33309

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