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Softlogic Life Insurance (COL:AAIC.N0000) Cyclically Adjusted Book per Share : රු21.47 (As of Mar. 2024)


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What is Softlogic Life Insurance Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Softlogic Life Insurance's adjusted book value per share for the three months ended in Mar. 2024 was රු34.044. 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 රු21.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Softlogic Life Insurance's average Cyclically Adjusted Book Growth Rate was 13.90% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-17), Softlogic Life Insurance's current stock price is රු65.40. Softlogic Life Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු21.47. Softlogic Life Insurance's Cyclically Adjusted PB Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Softlogic Life Insurance was 12.77. The lowest was 2.50. And the median was 3.78.


Softlogic Life Insurance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Softlogic Life Insurance's Cyclically Adjusted Book 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.

* Premium members only.

Softlogic Life Insurance Cyclically Adjusted Book per Share Chart

Softlogic Life Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.98 17.58 20.35

Softlogic Life Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 18.53 19.05 19.61 20.35 21.47

Competitive Comparison of Softlogic Life Insurance's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Softlogic Life Insurance'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.


Softlogic Life Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Softlogic Life Insurance Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Softlogic Life Insurance's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=34.044/131.7762*131.7762
=34.044

Current CPI (Mar. 2024) = 131.7762.

Softlogic Life Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 6.868 100.428 9.012
201412 6.330 99.070 8.420
201503 5.813 99.621 7.689
201506 6.487 100.684 8.490
201509 4.971 100.392 6.525
201512 4.926 99.792 6.505
201603 4.432 100.470 5.813
201606 5.422 101.688 7.026
201609 5.897 101.861 7.629
201612 5.232 101.863 6.768
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 10.363 104.011 13.129
201803 12.164 105.290 15.224
201806 12.262 106.317 15.198
201809 17.916 106.507 22.167
201812 17.789 105.998 22.115
201903 18.100 107.251 22.239
201906 18.998 108.070 23.166
201909 20.232 108.329 24.611
201912 21.917 108.420 26.638
202003 22.897 108.902 27.707
202006 23.723 108.767 28.741
202009 23.628 109.815 28.353
202012 26.497 109.897 31.772
202103 24.654 111.754 29.071
202106 26.110 114.631 30.015
202109 26.819 115.734 30.536
202112 28.236 117.630 31.632
202203 25.481 121.301 27.681
202206 25.282 125.017 26.649
202209 27.627 125.227 29.072
202212 28.994 125.222 30.512
202303 27.390 127.348 28.342
202306 29.660 128.729 30.362
202309 33.440 129.860 33.934
202312 35.556 129.419 36.203
202403 34.044 131.776 34.044

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Softlogic Life Insurance  (COL:AAIC.N0000) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Softlogic Life Insurance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=65.40/21.47
=3.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Softlogic Life Insurance was 12.77. The lowest was 2.50. And the median was 3.78.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Softlogic Life Insurance Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Softlogic Life Insurance's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Softlogic Life Insurance (COL:AAIC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
One Galle Face Tower, Level 16, Colombo, LKA, 02
Softlogic Life Insurance PLC is engaged in the insurance business. The company has operations in the sectors of retail, healthcare, information and communications technology (ICT), automobiles, leisure, and financial services. Its operating segment includes Policyholder Fund and Shareholder Fund. The company generates maximum revenue from the Policyholder Fund segment.

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