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Infinity Property and Casualty (Infinity Property and Casualty) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Infinity Property and Casualty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infinity Property and Casualty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Infinity Property and Casualty'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.

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Infinity Property and Casualty Cyclically Adjusted PB Ratio Chart

Infinity Property and Casualty Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Infinity Property and Casualty Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Infinity Property and Casualty's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Infinity Property and Casualty'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.


Infinity Property and Casualty's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Infinity Property and Casualty's Cyclically Adjusted PB Ratio falls into.



Infinity Property and Casualty 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.

Infinity Property and Casualty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Infinity Property and Casualty's adjusted Book Value per Share data for the three months ended in Mar. 2018 was:

Adj_Book=Book Value per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=65.612/105.2895*105.2895
=65.612

Current CPI (Mar. 2018) = 105.2895.

Infinity Property and Casualty Quarterly Data

Book Value per Share CPI Adj_Book
200806 37.703 92.320 42.999
200809 37.048 92.307 42.259
200812 37.329 88.697 44.312
200903 38.624 89.744 45.314
200906 41.115 91.003 47.570
200909 43.561 91.120 50.335
200912 45.798 91.111 52.925
201003 47.332 91.821 54.275
201006 48.975 91.962 56.073
201009 51.912 92.162 59.307
201012 53.026 92.474 60.375
201103 53.552 94.283 59.804
201106 54.441 95.235 60.189
201109 54.829 95.727 60.306
201112 56.052 95.213 61.984
201203 56.612 96.783 61.588
201206 57.270 96.819 62.280
201209 57.714 97.633 62.240
201212 56.550 96.871 61.464
201303 56.941 98.209 61.046
201306 55.558 98.518 59.377
201309 56.495 98.790 60.212
201312 57.092 98.326 61.135
201403 58.000 99.695 61.255
201406 59.159 100.560 61.942
201409 59.252 100.428 62.120
201412 60.754 99.070 64.568
201503 61.729 99.621 65.241
201506 61.487 100.684 64.300
201509 61.705 100.392 64.716
201512 61.660 99.792 65.057
201603 62.604 100.470 65.607
201606 63.543 101.688 65.793
201609 63.556 101.861 65.695
201612 63.311 101.863 65.441
201703 64.160 102.862 65.674
201706 64.484 103.349 65.695
201709 65.518 104.136 66.244
201712 65.870 104.011 66.680
201803 65.612 105.290 65.612

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.


Infinity Property and Casualty  (NAS:IPCC) 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.


Infinity Property and Casualty Cyclically Adjusted PB Ratio Related Terms

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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.
Executives
Robert H. Bateman officer: Executive VP, CFO & Treasurer ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo director
E Robert Meaney director
Angela Brock-kyle director 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman director C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes director P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph director 301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner 10 percent owner
S Craig Lindner 10 percent owner ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines