GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Pozavarovalnica Sava DD (XLJU:POSR) » Definitions » Cyclically Adjusted Book per Share

Pozavarovalnicava DD (XLJU:POSR) Cyclically Adjusted Book per Share : €27.59 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Pozavarovalnicava DD 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.

Pozavarovalnicava DD's adjusted book value per share for the three months ended in Dec. 2023 was €37.735. 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 €27.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pozavarovalnicava DD's 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.

As of today (2024-05-26), Pozavarovalnicava DD's current stock price is €33.40. Pozavarovalnicava DD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €27.59. Pozavarovalnicava DD's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pozavarovalnicava DD was 1.23. The lowest was 0.79. And the median was 0.96.


Pozavarovalnicava DD Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pozavarovalnicava DD'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.

Pozavarovalnicava DD Cyclically Adjusted Book per Share Chart

Pozavarovalnicava DD 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 - - - 26.14 27.59

Pozavarovalnicava DD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 25.63 25.77 26.14 27.17 27.59

Competitive Comparison of Pozavarovalnicava DD's Cyclically Adjusted Book per Share

For the Insurance - Reinsurance subindustry, Pozavarovalnicava DD'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.


Pozavarovalnicava DD's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Pozavarovalnicava DD 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, Pozavarovalnicava DD's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.735/129.4194*129.4194
=37.735

Current CPI (Dec. 2023) = 129.4194.

Pozavarovalnicava DD Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.790 0.000
201312 14.113 98.326 18.576
201403 0.000 99.695 0.000
201406 15.498 100.560 19.946
201409 16.047 100.428 20.679
201412 16.348 99.070 21.356
201503 17.146 99.621 22.275
201506 16.370 100.684 21.042
201509 16.659 100.392 21.476
201512 17.322 99.792 22.465
201603 18.135 100.470 23.360
201606 18.985 101.688 24.162
201609 19.049 101.861 24.203
201612 19.117 101.863 24.289
201703 19.578 102.862 24.633
201706 19.310 103.349 24.181
201709 19.786 104.136 24.590
201712 20.377 104.011 25.355
201803 20.504 105.290 25.203
201806 20.314 106.317 24.728
201809 21.116 106.507 25.659
201812 21.915 105.998 26.757
201903 23.044 107.251 27.807
201906 23.246 108.070 27.838
201909 24.290 108.329 29.019
201912 24.796 108.420 29.599
202003 24.321 108.902 28.903
202006 26.717 108.767 31.790
202009 28.254 109.815 33.298
202012 29.664 109.897 34.934
202103 30.745 111.754 35.605
202106 31.166 114.631 35.187
202109 31.786 115.734 35.545
202112 35.690 117.630 39.267
202203 30.464 121.301 32.503
202206 26.608 125.017 27.545
202209 25.578 125.227 26.434
202212 34.259 125.222 35.407
202306 35.049 128.729 35.237
202312 37.735 129.419 37.735

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


Pozavarovalnicava DD  (XLJU:POSR) 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.

Pozavarovalnicava DD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.40/27.59
=1.21

* 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 Pozavarovalnicava DD was 1.23. The lowest was 0.79. And the median was 0.96.


Be Aware

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


Pozavarovalnicava DD Cyclically Adjusted Book per Share Related Terms

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


Pozavarovalnicava DD (XLJU:POSR) Business Description

Traded in Other Exchanges
N/A
Address
Dunajska cesta 56, P.O.B. 318, Ljubljana, SVN, 1000
Pozavarovalnica Sava DD is a Slovenia based company engaged in the reinsurance business. It provides reinsurance services such as capacity, capital relief, catastrophe support, and creativity. The group operates through the business segments of the reinsurance business, non-life insurance business, life insurance business, pensions and asset management, and other segment. The company carries out its operations in Slovenia and internationally.

Pozavarovalnicava DD (XLJU:POSR) Headlines

No Headlines