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Wataniya Insurance Co (SAU:8300) Cyclically Adjusted Book per Share : ﷼8.79 (As of Mar. 2024)


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What is Wataniya 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.

Wataniya Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼12.889. 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 ﷼8.79 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 (2024-05-31), Wataniya Insurance Co's current stock price is ﷼26.45. Wataniya Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼8.79. Wataniya Insurance Co's Cyclically Adjusted PB Ratio of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wataniya Insurance Co was 3.59. The lowest was 1.92. And the median was 2.42.


Wataniya Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wataniya 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.

Wataniya Insurance Co Cyclically Adjusted Book per Share Chart

Wataniya 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 - - - - 8.41

Wataniya 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 - - 8.24 8.41 8.79

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

For the Insurance - Diversified subindustry, Wataniya 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.


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

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

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



Wataniya 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, Wataniya 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)
=12.889/131.7762*131.7762
=12.889

Current CPI (Mar. 2024) = 131.7762.

Wataniya Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201209 3.667 97.633 4.949
201212 3.734 96.871 5.079
201412 2.879 99.070 3.829
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 2.368 99.792 3.127
201603 2.638 100.470 3.460
201606 2.815 101.688 3.648
201609 5.661 101.861 7.324
201612 6.131 101.863 7.931
201703 6.920 102.862 8.865
201706 6.851 103.349 8.735
201709 7.044 104.136 8.914
201712 7.454 104.011 9.444
201803 7.963 105.290 9.966
201806 8.175 106.317 10.133
201809 8.288 106.507 10.254
201812 7.925 105.998 9.852
201903 8.106 107.251 9.960
201906 7.587 108.070 9.251
201909 7.362 108.329 8.955
201912 8.543 108.420 10.383
202003 8.271 108.902 10.008
202006 8.576 108.767 10.390
202009 8.380 109.815 10.056
202012 8.793 109.897 10.544
202103 8.145 111.754 9.604
202106 7.872 114.631 9.049
202109 6.973 115.734 7.940
202112 7.850 117.630 8.794
202203 6.158 121.301 6.690
202206 9.016 125.017 9.503
202209 9.214 125.227 9.696
202212 10.001 125.222 10.524
202303 10.369 127.348 10.730
202306 10.465 128.729 10.713
202309 11.334 129.860 11.501
202312 12.207 129.419 12.429
202403 12.889 131.776 12.889

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


Wataniya Insurance Co  (SAU:8300) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.45/8.79
=3.01

* 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 Wataniya Insurance Co was 3.59. The lowest was 1.92. And the median was 2.42.


Be Aware

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


Wataniya Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Wataniya Insurance Co (SAU:8300) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Madina Road, Before Emirate of Makkah Region, E.A. Juffali & Brothers H.O. Building, P.O. Box 5832, Jeddah, SAU, 21432
Wataniya Insurance Co is a Saudi Arabia-based company that engages in the provision of insurance and reinsurance services. Its insurance products include Motor, Property, Engineering, Accident and liability, Marine, Term life, and Extended warranty. The company derives key revenue from the Motor segment which provides coverage against losses and liability related to motor vehicles.

Wataniya Insurance Co (SAU:8300) Headlines

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