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Verisk Analytics (FRA:VA7A) Cyclically Adjusted Book per Share : €11.06 (As of Mar. 2024)


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What is Verisk Analytics 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.

Verisk Analytics's adjusted book value per share for the three months ended in Mar. 2024 was €1.818. 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 €11.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Verisk Analytics's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Verisk Analytics was 41.50% per year. The lowest was 17.30% per year. And the median was 30.75% per year.

As of today (2024-05-21), Verisk Analytics's current stock price is €229.30. Verisk Analytics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.06. Verisk Analytics's Cyclically Adjusted PB Ratio of today is 20.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Verisk Analytics was 46.45. The lowest was 14.51. And the median was 24.67.


Verisk Analytics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Verisk Analytics'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.

Verisk Analytics Cyclically Adjusted Book per Share Chart

Verisk Analytics 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 5.22 5.96 8.68 11.06 10.70

Verisk Analytics 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 10.92 10.84 11.55 10.70 11.06

Competitive Comparison of Verisk Analytics's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, Verisk Analytics'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.


Verisk Analytics's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Verisk Analytics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Verisk Analytics 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, Verisk Analytics'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)
=1.818/131.7762*131.7762
=1.818

Current CPI (Mar. 2024) = 131.7762.

Verisk Analytics Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.992 100.560 3.921
201409 3.403 100.428 4.465
201412 1.084 99.070 1.442
201503 1.937 99.621 2.562
201506 6.582 100.684 8.615
201509 6.921 100.392 9.085
201512 7.434 99.792 9.817
201603 6.899 100.470 9.049
201606 7.648 101.688 9.911
201609 7.809 101.861 10.102
201612 7.567 101.863 9.789
201703 7.810 102.862 10.005
201706 7.930 103.349 10.111
201709 8.530 104.136 10.794
201712 9.868 104.011 12.502
201803 10.730 105.290 13.429
201806 10.776 106.317 13.356
201809 11.134 106.507 13.776
201812 11.100 105.998 13.799
201903 11.738 107.251 14.422
201906 11.939 108.070 14.558
201909 11.450 108.329 13.928
201912 12.471 108.420 15.158
202003 11.587 108.902 14.021
202006 11.890 108.767 14.405
202009 12.631 109.815 15.157
202012 13.622 109.897 16.334
202103 14.251 111.754 16.804
202106 14.114 114.631 16.225
202109 14.294 115.734 16.275
202112 15.420 117.630 17.274
202203 15.195 121.301 16.507
202206 14.059 125.017 14.819
202209 12.808 125.227 13.478
202212 10.674 125.222 11.233
202303 0.442 127.348 0.457
202306 1.872 128.729 1.916
202309 2.485 129.860 2.522
202312 1.984 129.419 2.020
202403 1.818 131.776 1.818

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


Verisk Analytics  (FRA:VA7A) 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.

Verisk Analytics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=229.30/11.06
=20.73

* 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 Verisk Analytics was 46.45. The lowest was 14.51. And the median was 24.67.


Be Aware

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


Verisk Analytics Cyclically Adjusted Book per Share Related Terms

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


Verisk Analytics (FRA:VA7A) Business Description

Industry
Traded in Other Exchanges
Address
545 Washington Boulevard, Jersey City, NJ, USA, 07310-1686
Verisk Analytics is the leading provider of statistical, actuarial, and underwriting data for the United States' property and casualty insurance industry. Verisk leverages a vast contributory database and proprietary data assets to develop analytical tools helping insurance providers to better assess and price risk, achieve operational efficiency and optimize claim settlement processes. While Verisk also offers tools to quantify costs after loss events occur and to detect fraudulent activity, it is expanding into adjacent markets of life insurance, marketing, and non-U.S. operations.

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