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EFU General Insurance (KAR:EFUG) Cyclically Adjusted Book per Share : ₨106.36 (As of Mar. 2024)


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What is EFU General 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.

EFU General Insurance's adjusted book value per share for the three months ended in Mar. 2024 was ₨96.632. 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 ₨106.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EFU General Insurance's average Cyclically Adjusted Book Growth Rate was 3.90% 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.

As of today (2024-05-27), EFU General Insurance's current stock price is ₨85.01. EFU General Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨106.36. EFU General Insurance's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EFU General Insurance was 1.30. The lowest was 0.71. And the median was 0.95.


EFU General Insurance Cyclically Adjusted Book per Share Historical Data

The historical data trend for EFU General 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.

EFU General Insurance Cyclically Adjusted Book per Share Chart

EFU General 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 - - 93.25 101.03 104.10

EFU General 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 102.35 102.86 104.03 104.10 106.36

Competitive Comparison of EFU General Insurance's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, EFU General 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.


EFU General Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



EFU General 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, EFU General 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)
=96.632/131.7762*131.7762
=96.632

Current CPI (Mar. 2024) = 131.7762.

EFU General Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201406 61.434 100.560 80.505
201409 62.017 100.428 81.376
201412 65.555 99.070 87.197
201503 67.553 99.621 89.357
201506 67.038 100.684 87.740
201509 67.433 100.392 88.514
201512 79.235 99.792 104.630
201603 82.018 100.470 107.574
201606 79.495 101.688 103.016
201609 82.258 101.861 106.416
201612 114.418 101.863 148.019
201703 87.506 102.862 112.103
201706 81.848 103.349 104.361
201709 84.320 104.136 106.701
201712 107.517 104.011 136.218
201803 99.750 105.290 124.843
201806 97.191 106.317 120.465
201809 100.717 106.507 124.613
201812 99.265 105.998 123.406
201903 100.802 107.251 123.853
201906 89.226 108.070 108.799
201909 89.725 108.329 109.145
201912 97.361 108.420 118.335
202003 92.112 108.902 111.460
202006 96.317 108.767 116.692
202009 99.410 109.815 119.290
202012 100.283 109.897 120.248
202103 98.137 111.754 115.719
202106 99.995 114.631 114.951
202109 98.233 115.734 111.849
202112 96.883 117.630 108.535
202203 95.814 121.301 104.088
202206 92.370 125.017 97.364
202209 92.154 125.227 96.974
202212 85.295 125.222 89.760
202303 87.455 127.348 90.496
202306 79.336 128.729 81.214
202309 83.879 129.860 85.117
202312 95.256 129.419 96.991
202403 96.632 131.776 96.632

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


EFU General Insurance  (KAR:EFUG) 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.

EFU General Insurance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.01/106.36
=0.80

* 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 EFU General Insurance was 1.30. The lowest was 0.71. And the median was 0.95.


Be Aware

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


EFU General Insurance Cyclically Adjusted Book per Share Related Terms

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


EFU General Insurance (KAR:EFUG) Business Description

Traded in Other Exchanges
N/A
Address
EFU House, M.A. Jinnah Road, P.O. Box 5005, Karachi, SD, PAK, 74000
EFU General Insurance Ltd is an insurance company providing a range of non-life insurance products and services customized to meet the varied needs of a wide spectrum of businesses and industrial clients as well as individuals. The company has four reportable segments namely Fire and property damage; Marine, aviation and transport; Motor, and Miscellaneous.

EFU General Insurance (KAR:EFUG) Headlines

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