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Global Indemnity Group LLC (Global Indemnity Group LLC) Cyclically Adjusted PB Ratio : 0.59 (As of Apr. 27, 2024)


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What is Global Indemnity Group LLC Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Global Indemnity Group LLC's current share price is $31.38. Global Indemnity Group LLC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $53.42. Global Indemnity Group LLC's Cyclically Adjusted PB Ratio for today is 0.59.

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

GBLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.11
Current: 0.59

During the past years, Global Indemnity Group LLC's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.40. And the median was 0.68.

GBLI's Cyclically Adjusted PB Ratio is ranked better than
79.18% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs GBLI: 0.59

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.

Global Indemnity Group LLC's adjusted book value per share data for the three months ended in Dec. 2023 was $47.531. 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 $53.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Indemnity Group LLC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Indemnity Group LLC'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.

Global Indemnity Group LLC Cyclically Adjusted PB Ratio Chart

Global Indemnity Group LLC 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 0.71 0.66 0.52 0.45 0.60

Global Indemnity Group LLC 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 0.45 0.54 0.63 0.64 0.60

Competitive Comparison of Global Indemnity Group LLC's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Global Indemnity Group LLC'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.


Global Indemnity Group LLC's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Global Indemnity Group LLC's Cyclically Adjusted PB Ratio falls into.



Global Indemnity Group LLC 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.

Global Indemnity Group LLC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.38/53.42
=0.59

* 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.

Global Indemnity Group LLC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Global Indemnity Group LLC'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)
=47.531/129.4194*129.4194
=47.531

Current CPI (Dec. 2023) = 129.4194.

Global Indemnity Group LLC Quarterly Data

Book Value per Share CPI Adj_Book
201403 34.821 99.695 45.203
201406 35.434 100.560 45.603
201409 35.471 100.428 45.711
201412 35.861 99.070 46.847
201503 36.021 99.621 46.795
201506 36.198 100.684 46.529
201509 35.818 100.392 46.175
201512 42.983 99.792 55.744
201603 43.660 100.470 56.240
201606 43.907 101.688 55.881
201609 44.550 101.861 56.603
201612 45.416 101.863 57.702
201703 46.437 102.862 58.426
201706 47.133 103.349 59.023
201709 46.914 104.136 58.305
201712 50.567 104.011 62.920
201803 49.530 105.290 60.881
201806 49.411 106.317 60.148
201809 49.380 106.507 60.003
201812 44.211 105.998 53.980
201903 46.863 107.251 56.550
201906 48.695 108.070 58.315
201909 49.531 108.329 59.174
201912 50.824 108.420 60.668
202003 47.115 108.902 55.992
202006 51.244 108.767 60.974
202009 49.854 109.815 58.754
202012 49.616 109.897 58.430
202103 47.997 111.754 55.584
202106 48.786 114.631 55.080
202109 47.729 115.734 53.373
202112 48.442 117.630 53.297
202203 45.783 121.301 48.847
202206 43.681 125.017 45.219
202209 43.761 125.227 45.226
202212 44.870 125.222 46.374
202303 45.677 127.348 46.420
202306 46.027 128.729 46.274
202309 46.273 129.860 46.116
202312 47.531 129.419 47.531

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.


Global Indemnity Group LLC  (NYSE:GBLI) 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.


Global Indemnity Group LLC Cyclically Adjusted PB Ratio Related Terms

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


Global Indemnity Group LLC (Global Indemnity Group LLC) Business Description

Traded in Other Exchanges
N/A
Address
112 S. French Street, Suite 105, Wilmington, NC, USA, 19801
Global Indemnity Group LLC provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The company's three primary segments are Commercial Specialty, Reinsurance operations, and Exited Lines. The majority of its revenue is from the Commercial Specialty segment. Geographically, the majority is from California.
Executives
Bevan Olson Greibesland officer: SVP - Programs 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Gary Charles Tolman director C/O GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Seth Gersch director C/O UNITED AMERICA INDEMNITY GROUP, INC., SUITE 605, BALA CYNWYD PA 19004
Joseph W Brown director C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Reiner Ralf Mauer officer: Chief Operating Officer 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David S Charlton director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Holt James Richard Jr director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Bruce R Lederman director 2601 OCEAN PARK BLVD. SUITE 320, SANTA MONCICA CA 90405-5216
David C Elliott officer: Sr. Vice President, Claims 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stanley K Lam officer: Senior Vice President 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Saul A Fox director, 10 percent owner 950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
James D Wehr director 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stephen Green officer: President, Wind River Reinsur. 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Thomas P. Gibbons officer: Executive Vice Presdient 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004

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