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SiriusPoint (SiriusPoint) Cyclically Adjusted Book per Share : $16.63 (As of Mar. 2024)


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What is SiriusPoint 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.

SiriusPoint's adjusted book value per share for the three months ended in Mar. 2024 was $14.154. 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 $16.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SiriusPoint's average Cyclically Adjusted Book Growth Rate was -0.20% 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.

As of today (2024-05-03), SiriusPoint's current stock price is $12.09. SiriusPoint's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.63. SiriusPoint's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SiriusPoint was 0.77. The lowest was 0.27. And the median was 0.53.


SiriusPoint Cyclically Adjusted Book per Share Historical Data

The historical data trend for SiriusPoint'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.

SiriusPoint Cyclically Adjusted Book per Share Chart

SiriusPoint 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 - - 15.66 16.37 16.73

SiriusPoint 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 16.66 16.84 16.88 16.73 16.63

Competitive Comparison of SiriusPoint's Cyclically Adjusted Book per Share

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


SiriusPoint's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



SiriusPoint 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, SiriusPoint'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)
=14.154/129.4194*129.4194
=14.154

Current CPI (Mar. 2024) = 129.4194.

SiriusPoint Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.117 100.560 18.168
201409 14.076 100.428 18.139
201412 13.897 99.070 18.154
201503 14.325 99.621 18.610
201506 14.497 100.684 18.634
201509 12.659 100.392 16.319
201512 13.081 99.792 16.965
201603 12.534 100.470 16.145
201606 13.066 101.688 16.629
201609 13.697 101.861 17.403
201612 13.358 101.863 16.972
201703 14.301 102.862 17.993
201706 15.053 103.349 18.850
201709 15.586 104.136 19.370
201712 16.035 104.011 19.952
201803 15.721 105.290 19.324
201806 15.977 106.317 19.449
201809 16.013 106.507 19.458
201812 12.864 105.998 15.706
201903 14.199 107.251 17.134
201906 14.851 108.070 17.785
201909 14.684 108.329 17.543
201912 15.007 108.420 17.914
202003 12.982 108.902 15.428
202006 14.299 108.767 17.014
202009 14.977 109.815 17.651
202012 16.362 109.897 19.269
202103 14.871 111.754 17.222
202106 15.314 114.631 17.290
202109 15.054 115.734 16.834
202112 14.227 117.630 15.653
202203 12.895 121.301 13.758
202206 12.464 125.017 12.903
202209 11.610 125.227 11.999
202212 11.560 125.222 11.948
202303 12.543 127.348 12.747
202306 12.591 128.729 12.659
202309 12.419 129.860 12.377
202312 13.763 129.419 13.763
202403 14.154 129.419 14.154

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


SiriusPoint  (NYSE:SPNT) 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.

SiriusPoint's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.09/16.63
=0.73

* 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 SiriusPoint was 0.77. The lowest was 0.27. And the median was 0.53.


Be Aware

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


SiriusPoint Cyclically Adjusted Book per Share Related Terms

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


SiriusPoint (SiriusPoint) Business Description

Industry
Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
Executives
Wei Han Tan director SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe director THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud director 1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb director THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs officer: CEO, SiriusPoint International POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall officer: Chief Financial Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan director, officer: Chief Executive Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull officer: Chief Risk Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy officer: EVP, Underwriting THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan officer: Chief Accounting Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang officer: Chief Investment Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08

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