GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sampo Oyj (OTCPK:SAXPF) » Definitions » Cyclically Adjusted Book per Share

Sampo Oyj (Sampo Oyj) Cyclically Adjusted Book per Share : $25.84 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Sampo Oyj 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.

Sampo Oyj's adjusted book value per share for the three months ended in Mar. 2024 was $16.298. 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 $25.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sampo Oyj's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Sampo Oyj was 5.60% per year. The lowest was 3.50% per year. And the median was 5.00% per year.

As of today (2024-05-18), Sampo Oyj's current stock price is $44.15541. Sampo Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.84. Sampo Oyj's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sampo Oyj was 2.22. The lowest was 1.12. And the median was 1.75.


Sampo Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sampo Oyj'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.

Sampo Oyj Cyclically Adjusted Book per Share Chart

Sampo Oyj 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 22.42 25.13 24.54 25.43 25.85

Sampo Oyj 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 24.94 25.93 25.30 25.85 25.84

Competitive Comparison of Sampo Oyj's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Sampo Oyj'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.


Sampo Oyj's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Sampo Oyj's Cyclically Adjusted PB Ratio falls into.



Sampo Oyj 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, Sampo Oyj'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)
=16.298/122.3600*122.3600
=16.298

Current CPI (Mar. 2024) = 122.3600.

Sampo Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.553 100.147 31.221
201409 24.956 100.726 30.316
201412 24.051 100.229 29.361
201503 22.451 100.120 27.438
201506 22.028 100.030 26.945
201509 21.797 100.130 26.636
201512 22.197 99.990 27.163
201603 23.107 100.080 28.251
201606 21.732 100.390 26.488
201609 22.938 100.540 27.916
201612 22.512 101.020 27.268
201703 23.915 100.910 28.999
201706 23.076 101.140 27.918
201709 26.935 101.320 32.528
201712 27.320 101.510 32.931
201803 28.609 101.730 34.411
201806 25.201 102.320 30.137
201809 26.220 102.600 31.270
201812 25.373 102.710 30.227
201903 26.145 102.870 31.098
201906 23.781 103.360 28.153
201909 22.352 103.540 26.415
201912 23.825 103.650 28.126
202003 21.846 103.490 25.829
202006 22.486 103.320 26.630
202009 24.815 103.710 29.277
202012 25.012 103.890 29.459
202103 26.122 104.870 30.479
202106 25.871 105.360 30.045
202109 26.370 106.290 30.357
202112 26.461 107.490 30.122
202203 25.260 110.950 27.858
202206 18.958 113.570 20.425
202209 17.061 114.920 18.166
202212 19.805 117.320 20.656
202303 20.252 119.750 20.693
202306 17.821 120.690 18.068
202309 14.433 121.280 14.562
202312 15.784 121.540 15.890
202403 16.298 122.360 16.298

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


Sampo Oyj  (OTCPK:SAXPF) 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.

Sampo Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.15541/25.84
=1.71

* 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 Sampo Oyj was 2.22. The lowest was 1.12. And the median was 1.75.


Be Aware

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


Sampo Oyj Cyclically Adjusted Book per Share Related Terms

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


Sampo Oyj (Sampo Oyj) Business Description

Industry
Address
Fabianinkatu 27, Helsinki, FIN, 00100
Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

Sampo Oyj (Sampo Oyj) Headlines

From GuruFocus

Sampo Oyj's Dividend Analysis

By GuruFocus Research 10-26-2023