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Sompo Holdings (FRA:ANK) Cyclically Adjusted Book per Share : €11.20 (As of Dec. 2023)


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What is Sompo Holdings 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.

Sompo Holdings's adjusted book value per share for the three months ended in Dec. 2023 was €16.517. 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 €11.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sompo Holdings's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sompo Holdings was 8.40% per year. The lowest was 8.40% per year. And the median was 8.40% per year.

As of today (2024-06-08), Sompo Holdings's current stock price is €19.40. Sompo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €11.20. Sompo Holdings's Cyclically Adjusted PB Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sompo Holdings was 1.89. The lowest was 0.81. And the median was 1.18.


Sompo Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sompo Holdings'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.

Sompo Holdings Cyclically Adjusted Book per Share Chart

Sompo Holdings 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 10.68 10.35 10.92 11.27 -

Sompo Holdings 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 11.27 10.54 10.81 11.20 -

Competitive Comparison of Sompo Holdings's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.


Sompo Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Sompo Holdings 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, Sompo Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.517/106.8000*106.8000
=16.517

Current CPI (Dec. 2023) = 106.8000.

Sompo Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.925 95.700 8.844
201406 8.285 98.000 9.029
201409 9.032 98.500 9.793
201412 9.552 97.900 10.420
201503 11.430 97.900 12.469
201506 10.751 98.400 11.669
201509 10.063 98.500 10.911
201512 10.962 98.100 11.934
201603 10.784 97.900 11.764
201606 10.773 98.100 11.728
201609 11.335 98.000 12.353
201612 12.118 98.400 13.152
201703 12.656 98.100 13.778
201706 12.557 98.500 13.615
201709 12.022 98.800 12.995
201712 13.255 99.400 14.242
201803 12.650 99.200 13.619
201806 12.694 99.200 13.667
201809 12.574 99.900 13.442
201812 11.937 99.700 12.787
201903 12.533 99.700 13.426
201906 12.797 99.800 13.695
201909 13.285 100.100 14.174
201912 13.514 100.500 14.361
202003 12.293 100.300 13.090
202006 12.439 99.900 13.298
202009 12.823 99.900 13.709
202012 14.061 99.300 15.123
202103 14.651 99.900 15.663
202106 14.974 99.500 16.073
202109 15.782 100.100 16.838
202112 15.581 100.100 16.624
202203 15.113 101.100 15.965
202206 13.324 101.800 13.978
202209 12.794 103.100 13.253
202212 12.253 104.100 12.571
202303 12.968 104.400 13.266
202306 14.985 105.200 15.213
202309 15.327 106.200 15.414
202312 16.517 106.800 16.517

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


Sompo Holdings  (FRA:ANK) 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.

Sompo Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.40/11.2
=1.73

* 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 Sompo Holdings was 1.89. The lowest was 0.81. And the median was 1.18.


Be Aware

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


Sompo Holdings Cyclically Adjusted Book per Share Related Terms

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


Sompo Holdings (FRA:ANK) Business Description

Industry
Traded in Other Exchanges
Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

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