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Prudential Financial (MIL:1PRU) Cyclically Adjusted Book per Share : €127.69 (As of Mar. 2025)


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What is Prudential Financial 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.

Prudential Financial's adjusted book value per share for the three months ended in Mar. 2025 was €78.083. 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 €127.69 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Prudential Financial's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Prudential Financial was 11.90% per year. The lowest was 2.20% per year. And the median was 9.00% per year.

As of today (2025-05-29), Prudential Financial's current stock price is €94.88. Prudential Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €127.69. Prudential Financial's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prudential Financial was 1.48. The lowest was 0.40. And the median was 0.87.


Prudential Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prudential Financial'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.

Prudential Financial Cyclically Adjusted Book per Share Chart

Prudential Financial 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 - - - - 135.56

Prudential Financial 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 - 130.52 132.62 135.56 127.69

Competitive Comparison of Prudential Financial's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Prudential Financial'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.


Prudential Financial's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


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Prudential Financial 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, Prudential Financial'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)
=78.083/134.9266*134.9266
=78.083

Current CPI (Mar. 2025) = 134.9266.

Prudential Financial Quarterly Data

Book Value per Share CPI Adj_Book
201506 82.262 100.684 110.239
201509 84.690 100.392 113.824
201512 86.010 99.792 116.292
201603 99.785 100.470 134.006
201606 111.872 101.688 148.439
201609 116.469 101.861 154.277
201612 101.212 101.863 134.065
201703 101.895 102.862 133.658
201706 100.962 103.349 131.810
201709 99.505 104.136 128.927
201712 108.459 104.011 140.697
201803 99.838 105.290 127.941
201806 98.840 106.317 125.438
201809 96.632 106.507 122.417
201812 104.049 105.998 132.446
201903 119.514 107.251 150.355
201906 135.414 108.070 169.067
201909 150.004 108.329 186.833
201912 142.425 108.420 177.245
202003 138.897 108.902 172.090
202006 148.289 108.767 183.954
202009 142.169 109.815 174.679
202012 139.804 109.897 171.645
202103 123.645 111.754 149.283
202106 135.299 114.631 159.253
202109 138.817 115.734 161.837
202112 145.528 117.630 166.927
202203 106.288 121.301 118.227
202206 71.682 125.017 77.364
202209 45.155 125.227 48.653
202212 78.915 125.222 85.031
202303 80.122 127.348 84.890
202306 72.210 128.729 75.687
202309 66.944 129.860 69.556
202312 71.018 129.419 74.040
202403 69.713 131.776 71.380
202406 72.762 132.554 74.064
202409 76.995 133.029 78.093
202412 75.071 133.157 76.069
202503 78.083 134.927 78.083

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


Prudential Financial  (MIL:1PRU) 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.

Prudential Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.88/127.69
=0.74

* 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 Prudential Financial was 1.48. The lowest was 0.40. And the median was 0.87.


Be Aware

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


Prudential Financial Cyclically Adjusted Book per Share Related Terms

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


Prudential Financial Business Description

Traded in Other Exchanges
Address
751 Broad Street, Newark, NJ, USA, 07102
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset-management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.

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