GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OneBeacon Insurance Group Ltd (NYSE:OB) » Definitions » Cyclically Adjusted PB Ratio

OneBeacon Insurance Group (OneBeacon Insurance Group) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is OneBeacon Insurance Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


OneBeacon Insurance Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OneBeacon Insurance Group'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.

OneBeacon Insurance Group Cyclically Adjusted PB Ratio Chart

OneBeacon Insurance Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

OneBeacon Insurance Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - - -

Competitive Comparison of OneBeacon Insurance Group's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, OneBeacon Insurance Group'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.


OneBeacon Insurance Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



OneBeacon Insurance Group 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.

OneBeacon Insurance Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, OneBeacon Insurance Group's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=10.714/103.3491*103.3491
=10.714

Current CPI (Jun. 2017) = 103.3491.

OneBeacon Insurance Group Quarterly Data

Book Value per Share CPI Adj_Book
200709 19.192 87.964 22.549
200712 19.362 88.616 22.581
200803 16.803 90.090 19.276
200806 16.851 92.320 18.864
200809 14.442 92.307 16.170
200812 12.147 88.697 14.154
200903 12.296 89.744 14.160
200906 13.503 91.003 15.335
200909 14.440 91.120 16.378
200912 15.023 91.111 17.041
201003 14.819 91.821 16.680
201006 14.703 91.962 16.524
201009 0.000 92.162 0.000
201012 13.017 92.474 14.548
201103 13.253 94.283 14.527
201106 12.121 95.235 13.154
201109 11.573 95.727 12.494
201112 11.569 95.213 12.558
201203 11.937 96.783 12.747
201206 11.865 96.819 12.665
201209 10.991 97.633 11.634
201212 10.636 96.871 11.347
201303 11.153 98.209 11.737
201306 10.923 98.518 11.459
201309 11.133 98.790 11.647
201312 11.575 98.326 12.166
201403 11.861 99.695 12.296
201406 11.921 100.560 12.252
201409 11.707 100.428 12.048
201412 10.974 99.070 11.448
201503 11.013 99.621 11.425
201506 10.846 100.684 11.133
201509 10.501 100.392 10.810
201512 10.526 99.792 10.901
201603 10.775 100.470 11.084
201606 10.834 101.688 11.011
201609 10.935 101.861 11.095
201612 10.825 101.863 10.983
201703 10.908 102.862 10.960
201706 10.714 103.349 10.714

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.


OneBeacon Insurance Group  (NYSE:OB) 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.


OneBeacon Insurance Group Cyclically Adjusted PB Ratio Related Terms

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


OneBeacon Insurance Group (OneBeacon Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
OneBeacon Insurance Group Ltd is a specialty property and casualty insurance writer. It offers a wide range of insurance products primarily in the US market through independent agencies, regional and national brokers, wholesalers and managing general agencies. Business activity of the group is further divided in to various segments such as Specialty Products, Specialty Industries, and Investing, Financing and Corporate. Its geographical area of operation includes California, New York, Texas, District of Columbia, Florida and Other and derives most of the revenue through premium and investment income.
Executives
Kent D Urness director 1 BEACON LANE, CANTON MA 02021
John C Treacy officer: SVP & Chief Accounting Officer 601 CARLSON PARKWAY, SUITE 600, MINNETONKA MN 55305
T Michael Miller director, officer: President & CEO C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Paul H. Mcdonough officer: EVP & Chief Financial Officer ONE BEACON LANE, CANTON MA 02021
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755
Patrick A Thiele director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
George Manning Rountree director C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Michael J Mcsally officer: SVP OneBeacon Insurance Co. 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Kevin James Rehnberg officer: SVP, OneBeacon Insurance Co. C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Barrette Raymond Joseph Rene director C/O WHITE MOUNTAINS INS, 80 S. MAIN ST, HANOVER NH 03755
Allan Lewis Waters director 14 WESLEY STREET, HAMILTON D0 HM11
Steven Elliot Fass director 10 DEPUTY MINISTER DR, COLTS NECK NJ 07722
Reid Tarlton Campbell director C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
David Thomas Foy director C/O WHITE MOUNTAINS INSURANCE GROUP LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755