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Sompo Holdings (Sompo Holdings) Cyclically Adjusted PB Ratio : 1.67 (As of Apr. 30, 2024)


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What is Sompo Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Sompo Holdings's current share price is $19.81. Sompo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.86. Sompo Holdings's Cyclically Adjusted PB Ratio for today is 1.67.

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

NHOLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.17   Max: 1.82
Current: 1.74

During the past years, Sompo Holdings's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.81. And the median was 1.17.

NHOLF's Cyclically Adjusted PB Ratio is ranked worse than
70.7% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs NHOLF: 1.74

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.

Sompo Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $18.012. 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 $11.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sompo Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sompo Holdings'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.

Sompo Holdings Cyclically Adjusted PB Ratio Chart

Sompo Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.87 1.04 1.20 1.07

Sompo Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.21 1.07 1.28 1.25 1.30

Competitive Comparison of Sompo Holdings's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.


Sompo Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Sompo Holdings 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.

Sompo Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.81/11.86
=1.67

* 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.

Sompo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sompo Holdings'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)
=18.012/106.8000*106.8000
=18.012

Current CPI (Dec. 2023) = 106.8000.

Sompo Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.961 95.700 12.232
201406 11.257 98.000 12.268
201409 11.639 98.500 12.620
201412 11.778 97.900 12.849
201503 12.371 97.900 13.496
201506 12.067 98.400 13.097
201509 11.294 98.500 12.246
201512 11.941 98.100 13.000
201603 12.009 97.900 13.101
201606 12.104 98.100 13.177
201609 12.722 98.000 13.864
201612 12.783 98.400 13.874
201703 13.536 98.100 14.736
201706 14.109 98.500 15.298
201709 14.330 98.800 15.490
201712 15.686 99.400 16.854
201803 15.598 99.200 16.793
201806 14.829 99.200 15.965
201809 14.672 99.900 15.685
201812 13.580 99.700 14.547
201903 14.161 99.700 15.169
201906 14.460 99.800 15.474
201909 14.631 100.100 15.610
201912 15.016 100.500 15.957
202003 13.583 100.300 14.463
202006 14.008 99.900 14.976
202009 15.104 99.900 16.147
202012 17.105 99.300 18.397
202103 17.441 99.900 18.646
202106 18.041 99.500 19.365
202109 18.568 100.100 19.811
202112 17.605 100.100 18.783
202203 16.645 101.100 17.583
202206 14.084 101.800 14.776
202209 12.667 103.100 13.122
202212 12.979 104.100 13.316
202303 13.884 104.400 14.203
202306 16.235 105.200 16.482
202309 16.358 106.200 16.450
202312 18.012 106.800 18.012

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.


Sompo Holdings  (OTCPK:NHOLF) 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.


Sompo Holdings Cyclically Adjusted PB Ratio Related Terms

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


Sompo Holdings (Sompo Holdings) Business Description

Traded in Other Exchanges
Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

Sompo Holdings (Sompo Holdings) Headlines

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