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Gulf Insurance Group (SAU:8250) Cyclically Adjusted Book per Share : ﷼15.65 (As of Mar. 2024)


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What is Gulf Insurance 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.

Gulf Insurance Group's adjusted book value per share for the three months ended in Mar. 2024 was ﷼19.626. 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 ﷼15.65 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Gulf Insurance Group's current stock price is ﷼27.65. Gulf Insurance Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼15.65. Gulf Insurance Group's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gulf Insurance Group was 2.60. The lowest was 1.81. And the median was 2.17.


Gulf Insurance Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gulf Insurance 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.

Gulf Insurance Group Cyclically Adjusted Book per Share Chart

Gulf Insurance Group 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 - - - - 15.01

Gulf Insurance Group 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 - - - 15.01 15.65

Competitive Comparison of Gulf Insurance Group's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Gulf Insurance 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.


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

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

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



Gulf Insurance 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, Gulf Insurance Group'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)
=19.626/131.7762*131.7762
=19.626

Current CPI (Mar. 2024) = 131.7762.

Gulf Insurance Group Quarterly Data

Book Value per Share CPI Adj_Book
201209 4.485 97.633 6.053
201212 4.602 96.871 6.260
201412 5.324 99.070 7.082
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 8.923 99.792 11.783
201603 9.076 100.470 11.904
201606 9.267 101.688 12.009
201609 9.373 101.861 12.126
201612 9.498 101.863 12.287
201703 9.753 102.862 12.495
201706 9.967 103.349 12.709
201709 10.127 104.136 12.815
201712 10.348 104.011 13.110
201803 10.496 105.290 13.136
201806 10.809 106.317 13.397
201809 11.004 106.507 13.615
201812 11.235 105.998 13.967
201903 11.236 107.251 13.805
201906 12.575 108.070 15.334
201909 13.010 108.329 15.826
201912 13.520 108.420 16.433
202003 13.351 108.902 16.155
202006 14.600 108.767 17.689
202009 15.766 109.815 18.919
202012 16.589 109.897 19.892
202103 17.150 111.754 20.223
202106 17.869 114.631 20.542
202109 18.619 115.734 21.200
202112 19.943 117.630 22.341
202203 18.881 121.301 20.512
202206 17.486 125.017 18.431
202209 17.401 125.227 18.311
202212 17.886 125.222 18.822
202303 19.611 127.348 20.293
202306 19.331 128.729 19.789
202309 19.281 129.860 19.566
202312 20.283 129.419 20.652
202403 19.626 131.776 19.626

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


Gulf Insurance Group  (SAU:8250) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.65/15.65
=1.77

* 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 Gulf Insurance Group was 2.60. The lowest was 1.81. And the median was 2.17.


Be Aware

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


Gulf Insurance Group Cyclically Adjusted Book per Share Related Terms

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


Gulf Insurance Group (SAU:8250) Business Description

Industry
Traded in Other Exchanges
N/A
Address
King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421
Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

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