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Triad Guaranty (Triad Guaranty) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Triad Guaranty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Triad Guaranty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Triad Guaranty'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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Triad Guaranty Cyclically Adjusted PB Ratio Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
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Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Triad Guaranty's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, Triad Guaranty'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.


Triad Guaranty's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Triad Guaranty 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.

Triad Guaranty's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2012 is calculated as:

For example, Triad Guaranty's adjusted Book Value per Share data for the three months ended in Sep. 2012 was:

Adj_Book=Book Value per Share/CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=-52.237/97.6331*97.6331
=-52.237

Current CPI (Sep. 2012) = 97.6331.

Triad Guaranty Quarterly Data

Book Value per Share CPI Adj_Book
200212 21.761 76.324 27.837
200303 22.725 77.716 28.549
200306 23.888 77.505 30.092
200309 24.609 78.138 30.749
200312 25.561 77.758 32.094
200403 26.681 79.066 32.946
200406 27.103 80.037 33.062
200409 28.748 80.121 35.032
200412 29.795 80.290 36.231
200503 30.699 81.555 36.751
200506 32.078 82.062 38.165
200509 32.960 83.876 38.366
200512 33.671 83.032 39.592
200603 34.751 84.298 40.248
200606 35.677 85.606 40.690
200609 37.673 85.606 42.966
200612 38.298 85.142 43.917
200703 39.384 86.640 44.381
200706 39.854 87.906 44.264
200709 38.302 87.964 42.512
200712 33.065 88.616 36.429
200803 22.433 90.090 24.311
200806 9.322 92.320 9.858
200809 -1.879 92.307 -1.987
200812 -9.041 88.697 -9.952
200903 -11.928 89.744 -12.977
200906 -34.813 91.003 -37.349
200909 -40.964 91.120 -43.892
200912 -46.294 91.111 -49.608
201003 -48.023 91.821 -51.063
201006 -42.479 91.962 -45.099
201009 -39.020 92.162 -41.337
201012 -38.419 92.474 -40.562
201103 -38.913 94.283 -40.296
201106 -38.709 95.235 -39.684
201109 -41.160 95.727 -41.980
201112 -45.901 95.213 -47.068
201203 -48.132 96.783 -48.555
201206 -50.195 96.819 -50.617
201209 -52.237 97.633 -52.237

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.


Triad Guaranty  (OTCPK:TGIC) 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.


Triad Guaranty Cyclically Adjusted PB Ratio Related Terms

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Triad Guaranty (Triad Guaranty) Business Description

Traded in Other Exchanges
N/A
Address
101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.
Executives
Durham Harold Lee Jr director 4300 SIX FORKS ROAD, RALEIGH NC 27609
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112

Triad Guaranty (Triad Guaranty) Headlines

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Triad Guaranty Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-10-2009