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SCOR SE (SCOR SE) Cyclically Adjusted PB Ratio : 0.80 (As of Apr. 28, 2024)


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What is SCOR SE Cyclically Adjusted PB Ratio?

As of today (2024-04-28), SCOR SE's current share price is $33.13. SCOR SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $41.39. SCOR SE's Cyclically Adjusted PB Ratio for today is 0.80.

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

SZCRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.08   Max: 1.55
Current: 0.84

During the past 13 years, SCOR SE's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.41. And the median was 1.08.

SZCRF's Cyclically Adjusted PB Ratio is ranked better than
68.52% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs SZCRF: 0.84

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.

SCOR SE's adjusted book value per share data of for the fiscal year that ended in Dec23 was $28.529. 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 $41.39 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCOR SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SCOR SE'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.

SCOR SE Cyclically Adjusted PB Ratio Chart

SCOR SE 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 1.20 0.83 0.81 0.61 0.73

SCOR SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.81 - 0.61 - 0.73

Competitive Comparison of SCOR SE's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, SCOR SE'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.


SCOR SE's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



SCOR SE 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.

SCOR SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.13/41.39
=0.80

* 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.

SCOR SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SCOR SE's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=28.529/118.2300*118.2300
=28.529

Current CPI (Dec23) = 118.2300.

SCOR SE Annual Data

Book Value per Share CPI Adj_Book
201412 37.727 99.860 44.667
201512 37.074 100.040 43.815
201612 37.913 100.650 44.535
201712 39.073 101.850 45.357
201812 35.871 103.470 40.988
201912 37.844 104.980 42.620
202012 40.155 104.960 45.232
202112 42.553 107.850 46.649
202212 25.537 114.160 26.447
202312 28.529 118.230 28.529

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.


SCOR SE  (OTCPK:SZCRF) 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.


SCOR SE Cyclically Adjusted PB Ratio Related Terms

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


SCOR SE (SCOR SE) Business Description

Industry
Address
5, avenue Kleber, Paris, FRA, 75116
Scor is the world's fifth-largest reinsurer selling non-life and life reinsurance. Scor global life insurers life insurance and annuities. In its co-insurance agreements Scor shares in premiums and claims of life insurance contracts that have been sold by a primary insurer. In its excess of loss agreements, Scor reimburses a primary insurer for claims that are filed above an agreed amount. Scor also sells property and casualty reinsurance in co-insurance and excess of loss. Historically Scor has been better in specialist lines and not as good in lines where there is a large potential for loss. Having recently grown in natural catastrophe book, standards of underwriting have not been good. The business has subsequently decided to move back to its historical roots.

SCOR SE (SCOR SE) Headlines

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