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Vatryggingafelag Islands hf (OISE:VIS) Cyclically Adjusted Book per Share : kr10.56 (As of Mar. 2024)


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What is Vatryggingafelag Islands hf 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.

Vatryggingafelag Islands hf's adjusted book value per share for the three months ended in Mar. 2024 was kr11.062. 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 kr10.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vatryggingafelag Islands hf's average Cyclically Adjusted Book Growth Rate was 5.80% 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 (2024-06-06), Vatryggingafelag Islands hf's current stock price is kr17.40. Vatryggingafelag Islands hf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr10.56. Vatryggingafelag Islands hf's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vatryggingafelag Islands hf was 2.59. The lowest was 1.38. And the median was 1.85.


Vatryggingafelag Islands hf Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vatryggingafelag Islands hf'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.

Vatryggingafelag Islands hf Cyclically Adjusted Book per Share Chart

Vatryggingafelag Islands hf 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 - - 8.72 9.68 10.47

Vatryggingafelag Islands hf 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 9.98 10.27 10.34 10.47 10.56

Competitive Comparison of Vatryggingafelag Islands hf's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Vatryggingafelag Islands hf'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.


Vatryggingafelag Islands hf's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Vatryggingafelag Islands hf's Cyclically Adjusted PB Ratio falls into.



Vatryggingafelag Islands hf 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, Vatryggingafelag Islands hf'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)
=11.062/144.9095*144.9095
=11.062

Current CPI (Mar. 2024) = 144.9095.

Vatryggingafelag Islands hf Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.199 98.777 9.094
201409 6.429 98.734 9.436
201412 8.044 98.669 11.814
201503 5.723 99.612 8.325
201506 6.096 100.289 8.808
201509 6.120 100.607 8.815
201512 7.474 100.657 10.760
201603 6.463 101.115 9.262
201606 4.957 101.923 7.048
201609 7.010 102.457 9.915
201612 7.522 102.562 10.628
201703 7.339 102.768 10.348
201706 7.358 103.496 10.302
201709 7.553 103.871 10.537
201712 7.804 104.481 10.824
201803 7.269 105.600 9.975
201806 7.004 106.206 9.556
201809 7.690 106.727 10.441
201812 7.806 108.388 10.436
201903 7.226 108.702 9.633
201906 7.884 109.758 10.409
201909 9.554 109.922 12.595
201912 8.120 110.588 10.640
202003 7.012 111.019 9.153
202006 7.879 112.667 10.134
202009 8.529 113.772 10.863
202012 8.969 114.542 11.347
202103 9.044 115.833 11.314
202106 10.206 117.451 12.592
202109 11.408 118.723 13.924
202112 12.816 120.398 15.425
202203 9.365 123.555 10.984
202206 9.925 127.809 11.253
202209 10.014 129.810 11.179
202212 11.426 131.901 12.553
202303 9.095 135.674 9.714
202306 10.047 139.150 10.463
202309 9.278 140.147 9.593
202312 11.089 142.125 11.306
202403 11.062 144.910 11.062

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


Vatryggingafelag Islands hf  (OISE:VIS) 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.

Vatryggingafelag Islands hf's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.40/10.56
=1.65

* 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 Vatryggingafelag Islands hf was 2.59. The lowest was 1.38. And the median was 1.85.


Be Aware

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


Vatryggingafelag Islands hf Cyclically Adjusted Book per Share Related Terms

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


Vatryggingafelag Islands hf (OISE:VIS) Business Description

Traded in Other Exchanges
N/A
Address
Ármúla 3, Reykjavik, ISL, 108
Vatryggingafelag Islands hf is an insurance company based in Iceland. The company's operating segments include Casuality insurance, Life insurance, and Financial activities. It generates a majority of its revenue from the Casuality insurance segment.