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American Coastal Insurance (FRA:0UI) Cyclically Adjusted Book per Share : €10.11 (As of Mar. 2024)


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What is American Coastal Insurance Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

American Coastal Insurance's adjusted book value per share for the three months ended in Mar. 2024 was €3.926. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €10.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American Coastal Insurance's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of American Coastal Insurance was 10.40% per year. The lowest was 2.80% per year. And the median was 7.35% per year.

As of today (2024-06-05), American Coastal Insurance's current stock price is €10.70. American Coastal Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.11. American Coastal Insurance's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American Coastal Insurance was 2.71. The lowest was 0.03. And the median was 0.84.


American Coastal Insurance Cyclically Adjusted Book per Share Historical Data

The historical data trend for American Coastal Insurance's Cyclically Adjusted Book 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.

American Coastal Insurance Cyclically Adjusted Book per Share Chart

American Coastal Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.21 8.21 9.74 6.86 10.15

American Coastal Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 10.11 10.40 10.49 10.15 10.11

Competitive Comparison of American Coastal Insurance's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, American Coastal Insurance's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


American Coastal Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where American Coastal Insurance's Cyclically Adjusted PB Ratio falls into.



American Coastal Insurance Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, American Coastal Insurance's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.926/131.7762*131.7762
=3.926

Current CPI (Mar. 2024) = 131.7762.

American Coastal Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.512 100.560 8.534
201409 7.112 100.428 9.332
201412 7.905 99.070 10.515
201503 9.371 99.621 12.396
201506 9.082 100.684 11.887
201509 9.403 100.392 12.343
201512 10.202 99.792 13.472
201603 10.196 100.470 13.373
201606 10.657 101.688 13.810
201609 10.682 101.861 13.819
201612 10.569 101.863 13.673
201703 10.634 102.862 13.623
201706 11.025 103.349 14.058
201709 9.839 104.136 12.451
201712 10.616 104.011 13.450
201803 10.152 105.290 12.706
201806 10.889 106.317 13.497
201809 10.563 106.507 13.069
201812 10.638 105.998 13.225
201903 11.083 107.251 13.617
201906 11.094 108.070 13.528
201909 10.834 108.329 13.179
201912 10.524 108.420 12.791
202003 10.231 108.902 12.380
202006 10.892 108.767 13.196
202009 8.946 109.815 10.735
202012 7.552 109.897 9.056
202103 6.989 111.754 8.241
202106 6.515 114.631 7.489
202109 6.303 115.734 7.177
202112 6.375 117.630 7.142
202203 5.415 121.301 5.883
202206 3.647 125.017 3.844
202209 1.877 125.227 1.975
202212 -3.971 125.222 -4.179
202303 1.802 127.348 1.865
202306 2.390 128.729 2.447
202309 2.604 129.860 2.642
202312 3.308 129.419 3.368
202403 3.926 131.776 3.926

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


American Coastal Insurance  (FRA:0UI) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

American Coastal Insurance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.70/10.11
=1.06

* 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 PB Ratio of American Coastal Insurance was 2.71. The lowest was 0.03. And the median was 0.84.


Be Aware

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


American Coastal Insurance Cyclically Adjusted Book per Share Related Terms

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


American Coastal Insurance (FRA:0UI) Business Description

Traded in Other Exchanges
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary.

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