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SiriusPoint (FRA:3XPA) Cyclically Adjusted PB Ratio : 0.78 (As of May. 28, 2024)


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What is SiriusPoint Cyclically Adjusted PB Ratio?

As of today (2024-05-28), SiriusPoint's current share price is €11.60. SiriusPoint's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.92. SiriusPoint's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for SiriusPoint's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:3XPA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.54   Max: 0.77
Current: 0.77

During the past years, SiriusPoint's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.27. And the median was 0.54.

FRA:3XPA's Cyclically Adjusted PB Ratio is ranked better than
69.95% of 416 companies
in the Insurance industry
Industry Median: 1.17 vs FRA:3XPA: 0.77

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.

SiriusPoint's adjusted book value per share data for the three months ended in Mar. 2024 was €13.021. 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 €14.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SiriusPoint Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SiriusPoint's Cyclically Adjusted PB Ratio 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.

SiriusPoint Cyclically Adjusted PB Ratio Chart

SiriusPoint Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.52 0.36 0.69

SiriusPoint Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.49 0.54 0.60 0.69 0.75

Competitive Comparison of SiriusPoint's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


SiriusPoint's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



SiriusPoint Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

SiriusPoint's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.60/14.92
=0.78

* 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.

SiriusPoint's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SiriusPoint'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)
=13.021/131.7762*131.7762
=13.021

Current CPI (Mar. 2024) = 131.7762.

SiriusPoint Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.390 100.560 13.615
201409 10.923 100.428 14.333
201412 11.271 99.070 14.992
201503 13.236 99.621 17.508
201506 12.917 100.684 16.906
201509 11.279 100.392 14.805
201512 12.008 99.792 15.857
201603 11.255 100.470 14.762
201606 11.629 101.688 15.070
201609 12.204 101.861 15.788
201612 12.663 101.863 16.382
201703 13.372 102.862 17.131
201706 13.397 103.349 17.082
201709 13.076 104.136 16.547
201712 13.549 104.011 17.166
201803 12.750 105.290 15.957
201806 13.676 106.317 16.951
201809 13.723 106.507 16.979
201812 11.307 105.998 14.057
201903 12.566 107.251 15.440
201906 13.143 108.070 16.026
201909 13.334 108.329 16.220
201912 13.507 108.420 16.417
202003 11.748 108.902 14.216
202006 12.698 108.767 15.384
202009 12.716 109.815 15.259
202012 13.449 109.897 16.127
202103 12.492 111.754 14.730
202106 12.711 114.631 14.612
202109 12.796 115.734 14.570
202112 12.590 117.630 14.104
202203 11.708 121.301 12.719
202206 11.791 125.017 12.429
202209 11.726 125.227 12.339
202212 10.912 125.222 11.483
202303 11.715 127.348 12.122
202306 11.621 128.729 11.896
202309 11.637 129.860 11.809
202312 12.621 129.419 12.851
202403 13.021 131.776 13.021

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


SiriusPoint  (FRA:3XPA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SiriusPoint Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SiriusPoint's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SiriusPoint (FRA:3XPA) Business Description

Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.

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