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CIC Insurance Group (NAI:CIC) Book Value per Share : KES3.27 (As of Dec. 2022)


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What is CIC Insurance Group Book Value per Share?

CIC Insurance Group's book value per share for the quarter that ended in Dec. 2022 was KES3.27.

During the past 12 months, CIC Insurance Group's average Book Value Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of CIC Insurance Group was 18.80% per year. The lowest was 0.40% per year. And the median was 2.30% per year.

CIC Insurance Group's current price is KES2.30. Its book value per share for the quarter that ended in Dec. 2022 was KES3.27. Hence, today's PB Ratio of CIC Insurance Group is 0.70.

During the past 12 years, the highest P/B Ratio of CIC Insurance Group was 4.12. The lowest was 0.52. And the median was 1.05.


CIC Insurance Group Book Value per Share Historical Data

The historical data trend for CIC Insurance Group's Book Value per Share 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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CIC Insurance Group Book Value per Share Chart

CIC Insurance Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.00 2.93 3.05 3.27

CIC Insurance Group Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.96 3.00 2.93 3.05 3.27

Competitive Comparison of CIC Insurance Group's Book Value per Share

For the Insurance - Diversified subindustry, CIC Insurance Group's PB Ratio, along with its competitors' market caps and 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.


CIC Insurance Group's PB Ratio Distribution in the Insurance Industry

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

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



CIC Insurance Group Book Value per Share Calculation

CIC Insurance Group's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,552-0)/2,616
=3.27

CIC Insurance Group's Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,552-0)/2,616
=3.27

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


CIC Insurance Group  (NAI:CIC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


CIC Insurance Group Book Value per Share Related Terms

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CIC Insurance Group (NAI:CIC) Business Description

Traded in Other Exchanges
N/A
Address
Mara Road, Upper Hill, P.O. Box 59485, CIC Plaza, Nairobi, KEN, 00200
CIC Insurance Group Ltd is an insurance company. The Group's reportable segments are long-term business, general insurance business, asset management and other. Its product portfolio consists of General insurance, Life assurance, Health insurance, and Asset management services. It takes the risk for retail, Cooperative societies, and corporate entities.

CIC Insurance Group (NAI:CIC) Headlines

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