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IGI Holdings (KAR:IGIHL) Cyclically Adjusted Book per Share : ₨398.02 (As of Mar. 2025)


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What is IGI 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.

IGI Holdings's adjusted book value per share for the three months ended in Mar. 2025 was ₨445.163. 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 ₨398.02 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IGI Holdings's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of IGI Holdings was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% per year.

As of today (2025-05-31), IGI Holdings's current stock price is ₨160.05. IGI Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨398.02. IGI Holdings's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IGI Holdings was 0.75. The lowest was 0.24. And the median was 0.36.


IGI Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for IGI 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.

IGI Holdings Cyclically Adjusted Book per Share Chart

IGI Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 274.42 313.01 341.85 384.62

IGI Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 356.65 366.73 375.93 384.62 398.02

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

For the Insurance - Property & Casualty subindustry, IGI 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.


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

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

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


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IGI 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, IGI Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=445.163/134.9266*134.9266
=445.163

Current CPI (Mar. 2025) = 134.9266.

IGI Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 87.836 100.684 117.709
201509 89.185 100.392 119.865
201512 93.694 99.792 126.681
201603 96.670 100.470 129.823
201606 96.487 101.688 128.025
201609 100.073 101.861 132.558
201612 110.691 101.863 146.621
201703 378.855 102.862 496.952
201706 426.625 103.349 556.977
201709 542.330 104.136 702.687
201712 513.717 104.011 666.410
201803 553.351 105.290 709.109
201806 504.934 106.317 640.811
201809 433.355 106.507 548.990
201812 406.889 105.998 517.936
201903 343.244 107.251 431.818
201906 318.475 108.070 397.621
201909 279.519 108.329 348.147
201912 374.051 108.420 465.499
202003 320.162 108.902 396.674
202006 326.181 108.767 404.630
202009 331.387 109.815 407.166
202012 342.496 109.897 420.502
202103 319.766 111.754 386.069
202106 322.693 114.631 379.825
202109 338.685 115.734 394.849
202112 334.460 117.630 383.641
202203 340.946 121.301 379.244
202206 339.481 125.017 366.391
202209 345.390 125.227 372.144
202212 356.253 125.222 383.863
202303 323.067 127.348 342.294
202306 379.632 128.729 397.910
202309 408.312 129.860 424.244
202312 461.678 129.419 481.324
202403 445.548 131.776 456.200
202406 424.224 132.554 431.818
202409 423.682 133.029 429.726
202412 446.782 133.157 452.719
202503 445.163 134.927 445.163

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


IGI Holdings  (KAR:IGIHL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=160.05/398.02
=0.40

* 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 IGI Holdings was 0.75. The lowest was 0.24. And the median was 0.36.


Be Aware

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


IGI Holdings Cyclically Adjusted Book per Share Related Terms

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


IGI Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Forum, Suite 701-713, G-20, Block 9, 7th Floor, Khayaban-e-Jami, Clifton, Karachi, PAK, 75600
IGI Holdings Ltd is a general insurance company along with its subsidiary provides home insurance, travel insurance, auto insurance, health insurance, fire insurance, marine insurance, motor insurance, and other insurance services. The company also acts as investment holding company. It operates and manages separately to the nature of the services of Non-Life Insurance which includes Fire and property insurance; Marine, aviation and transport insurance; Motor insurance; Accident and health insurance; Miscellaneous insurance; and Life Insurance includes The Life (participating) segment and The Life (non-participating) segment.

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