GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Adamjee Insurance Co Ltd (KAR:AICL) » Definitions » Cyclically Adjusted Book per Share

Adamjee Insurance Co (KAR:AICL) Cyclically Adjusted Book per Share : ₨70.01 (As of Mar. 2024)


View and export this data going back to 1961. Start your Free Trial

What is Adamjee 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.

Adamjee Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was ₨95.528. 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 ₨70.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adamjee Insurance Co's average Cyclically Adjusted Book Growth Rate was 8.00% 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.

As of today (2024-06-20), Adamjee Insurance Co's current stock price is ₨35.62. Adamjee Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨70.01. Adamjee Insurance Co's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adamjee Insurance Co was 0.77. The lowest was 0.34. And the median was 0.51.


Adamjee Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adamjee 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.

Adamjee Insurance Co Cyclically Adjusted Book per Share Chart

Adamjee Insurance Co 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 - - 56.36 63.37 67.61

Adamjee 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 64.81 65.84 66.80 67.61 70.01

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

For the Insurance - Property & Casualty subindustry, Adamjee 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.


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

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

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



Adamjee 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, Adamjee 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)
=95.528/131.7762*131.7762
=95.528

Current CPI (Mar. 2024) = 131.7762.

Adamjee Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.685 100.560 49.384
201409 37.997 100.428 49.858
201412 38.061 99.070 50.626
201503 41.489 99.621 54.881
201506 42.400 100.684 55.494
201509 42.651 100.392 55.985
201512 40.606 99.792 53.620
201603 44.234 100.470 58.017
201606 46.449 101.688 60.193
201609 48.907 101.861 63.270
201612 63.194 101.863 81.752
201703 49.679 102.862 63.643
201706 48.388 103.349 61.698
201709 48.554 104.136 61.442
201712 58.457 104.011 74.062
201803 65.798 105.290 82.350
201806 55.166 106.317 68.376
201809 54.656 106.507 67.624
201812 56.579 105.998 70.339
201903 58.837 107.251 72.292
201906 54.532 108.070 66.494
201909 53.599 108.329 65.200
201912 61.895 108.420 75.229
202003 54.292 108.902 65.696
202006 57.553 108.767 69.728
202009 60.226 109.815 72.270
202012 64.679 109.897 77.556
202103 66.816 111.754 78.787
202106 66.225 114.631 76.130
202109 65.409 115.734 74.475
202112 73.202 117.630 82.006
202203 75.778 121.301 82.322
202206 72.464 125.017 76.382
202209 72.952 125.227 76.768
202212 72.105 125.222 75.879
202303 78.160 127.348 80.878
202306 78.251 128.729 80.104
202309 81.670 129.860 82.875
202312 89.551 129.419 91.182
202403 95.528 131.776 95.528

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


Adamjee Insurance Co  (KAR:AICL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.62/70.01
=0.51

* 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 Adamjee Insurance Co was 0.77. The lowest was 0.34. And the median was 0.51.


Be Aware

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


Adamjee Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Adamjee Insurance Co (KAR:AICL) Business Description

Traded in Other Exchanges
N/A
Address
Adamjee House, 80/A, Block E-1, Main Boulevard Gulberg-III, Lahore, PAK, 54000
Adamjee Insurance Co Ltd is an insurance company engaged in providing insurance to various categories of businesses that are Fire and Property, Marine Aviation and Transport, Motor, Accident and Health and Miscellaneous Insurance. Some of AICL's high risk-value projects include the risk-coverage provision to Petrochemical Factories and Industrial Risk projects.

Adamjee Insurance Co (KAR:AICL) Headlines

No Headlines