GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » HCI Group Inc (LTS:0J22) » Definitions » Cyclically Adjusted Book per Share

HCI Group (LTS:0J22) Cyclically Adjusted Book per Share : $31.78 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is HCI Group 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.

HCI Group's adjusted book value per share for the three months ended in Mar. 2025 was $48.554. 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 $31.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, HCI Group's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 HCI Group was 12.20% per year. The lowest was 8.90% per year. And the median was 11.60% per year.

As of today (2025-05-27), HCI Group's current stock price is $162.7391. HCI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $31.78. HCI Group's Cyclically Adjusted PB Ratio of today is 5.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HCI Group was 5.91. The lowest was 1.12. And the median was 2.70.


HCI Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for HCI Group'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.

HCI Group Cyclically Adjusted Book per Share Chart

HCI Group 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 18.80 23.97 26.18 27.93 30.55

HCI Group 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 28.23 29.50 29.90 30.55 31.78

Competitive Comparison of HCI Group's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, HCI Group'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.


HCI Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


;
;

HCI Group 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, HCI Group'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)
=48.554/134.9266*134.9266
=48.554

Current CPI (Mar. 2025) = 134.9266.

HCI Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.996 100.684 29.477
201509 22.316 100.392 29.993
201512 23.098 99.792 31.230
201603 23.872 100.470 32.059
201606 24.371 101.688 32.337
201609 25.383 101.861 33.623
201612 25.225 101.863 33.413
201703 25.631 102.862 33.621
201706 25.992 103.349 33.934
201709 21.365 104.136 27.682
201712 22.138 104.011 28.718
201803 22.446 105.290 28.764
201806 22.426 106.317 28.461
201809 22.961 106.507 29.088
201812 21.711 105.998 27.636
201903 22.373 107.251 28.146
201906 23.155 108.070 28.909
201909 23.367 108.329 29.104
201912 23.895 108.420 29.737
202003 23.175 108.902 28.713
202006 23.747 108.767 29.458
202009 25.626 109.815 31.486
202012 25.833 109.897 31.717
202103 26.235 111.754 31.675
202106 26.212 114.631 30.853
202109 30.394 115.734 35.434
202112 31.918 117.630 36.611
202203 31.660 121.301 35.216
202206 26.387 125.017 28.479
202209 19.517 125.227 21.029
202212 18.909 125.222 20.374
202303 20.968 127.348 22.216
202306 21.917 128.729 22.972
202309 23.273 129.860 24.181
202312 33.358 129.419 34.777
202403 38.505 131.776 39.426
202406 42.715 132.554 43.480
202409 43.453 133.029 44.073
202412 42.104 133.157 42.664
202503 48.554 134.927 48.554

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


HCI Group  (LTS:0J22) 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.

HCI Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=162.7391/31.78
=5.12

* 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 HCI Group was 5.91. The lowest was 1.12. And the median was 2.70.


Be Aware

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


HCI Group Cyclically Adjusted Book per Share Related Terms

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


HCI Group Business Description

Industry
Traded in Other Exchanges
Address
3802 Coconut Palm Drive, Tampa, FL, USA, 33619
HCI Group Inc is engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are insurance operations, TypTap Group, reciprocal exchange operations, real estate operations, and corporate and other. It derives key revenue from the HCPCI Insurance operation segment.

HCI Group Headlines

No Headlines