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Lifenet Insurance Co (FRA:7XJ) Cyclically Adjusted Book per Share : €2.22 (As of Mar. 2024)


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What is Lifenet Insurance Co 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.

Lifenet Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was €6.951. 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 €2.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lifenet Insurance Co's average Cyclically Adjusted Book Growth Rate was 30.40% 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 (2024-06-14), Lifenet Insurance Co's current stock price is €8.65. Lifenet Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.22. Lifenet Insurance Co's Cyclically Adjusted PB Ratio of today is 3.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lifenet Insurance Co was 4.81. The lowest was 1.70. And the median was 3.41.


Lifenet Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lifenet Insurance Co'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.

Lifenet Insurance Co Cyclically Adjusted Book per Share Chart

Lifenet Insurance Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.16 1.94 2.22

Lifenet Insurance Co 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 1.94 1.92 2.08 2.22 2.22

Competitive Comparison of Lifenet Insurance Co's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Lifenet Insurance Co'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.


Lifenet Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Lifenet Insurance Co 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, Lifenet Insurance Co'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)
=6.951/107.2000*107.2000
=6.951

Current CPI (Mar. 2024) = 107.2000.

Lifenet Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.272 98.000 2.485
201409 2.224 98.500 2.420
201412 2.068 97.900 2.264
201503 2.272 97.900 2.488
201506 2.215 98.400 2.413
201509 2.272 98.500 2.473
201512 2.310 98.100 2.524
201603 2.444 97.900 2.676
201606 2.612 98.100 2.854
201609 2.671 98.000 2.922
201612 2.418 98.400 2.634
201703 2.209 98.100 2.414
201706 2.158 98.500 2.349
201709 2.019 98.800 2.191
201712 2.011 99.400 2.169
201803 2.002 99.200 2.163
201806 2.036 99.200 2.200
201809 1.961 99.900 2.104
201812 1.885 99.700 2.027
201903 1.833 99.700 1.971
201906 1.847 99.800 1.984
201909 1.775 100.100 1.901
201912 1.666 100.500 1.777
202003 1.538 100.300 1.644
202006 1.439 99.900 1.544
202009 2.326 99.900 2.496
202012 2.239 99.300 2.417
202103 2.015 99.900 2.162
202106 1.871 99.500 2.016
202109 2.700 100.100 2.892
202112 2.679 100.100 2.869
202203 2.425 101.100 2.571
202206 2.083 101.800 2.193
202209 1.885 103.100 1.960
202212 1.692 104.100 1.742
202303 1.561 104.400 1.603
202306 7.302 105.200 7.441
202309 6.871 106.200 6.936
202312 7.108 106.800 7.135
202403 6.951 107.200 6.951

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


Lifenet Insurance Co  (FRA:7XJ) 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.

Lifenet Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.65/2.22
=3.90

* 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 Lifenet Insurance Co was 4.81. The lowest was 1.70. And the median was 3.41.


Be Aware

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


Lifenet Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Lifenet Insurance Co (FRA:7XJ) Business Description

Industry
Traded in Other Exchanges
Address
2-14-2 KojiMachi, Kojimachi NK Building 5 Floor, Chiyoda-Ku, Tokyo, JPN, 102-0083
Lifenet Insurance Co is a Japan-based company engaged in the life insurance business. Primarily, it is involved in the underwriting of insurance and asset management. The company's products include Periodic death insurance, Lifetime medical insurance, Cancer insurance, and Unemployment insurance. Additionally, it markets its insurance products and services directly to customers through the internet.

Lifenet Insurance Co (FRA:7XJ) Headlines

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