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Great-West Lifeco (STU:GWS) Cyclically Adjusted Book per Share : €16.87 (As of Mar. 2024)


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What is Great-West Lifeco 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.

Great-West Lifeco's adjusted book value per share for the three months ended in Mar. 2024 was €17.907. 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 €16.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Great-West Lifeco's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Great-West Lifeco was 10.10% per year. The lowest was 5.00% per year. And the median was 5.90% per year.

As of today (2024-05-04), Great-West Lifeco's current stock price is €28.40. Great-West Lifeco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.87. Great-West Lifeco's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Great-West Lifeco was 2.70. The lowest was 1.09. And the median was 1.92.


Great-West Lifeco Cyclically Adjusted Book per Share Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Cyclically Adjusted Book per Share Chart

Great-West Lifeco 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 12.26 11.78 14.32 16.05 16.79

Great-West Lifeco 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 15.96 16.55 17.15 16.79 16.87

Competitive Comparison of Great-West Lifeco's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Great-West Lifeco's Cyclically Adjusted PB Ratio falls into.



Great-West Lifeco 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, Great-West Lifeco'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)
=17.907/125.4675*125.4675
=17.907

Current CPI (Mar. 2024) = 125.4675.

Great-West Lifeco Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.899 99.473 13.747
201409 11.655 99.394 14.712
201412 11.812 98.367 15.066
201503 12.943 99.789 16.274
201506 13.173 100.500 16.446
201509 13.027 100.421 16.276
201512 13.428 99.947 16.857
201603 13.099 101.054 16.264
201606 13.140 102.002 16.163
201609 13.040 101.765 16.077
201612 14.041 101.449 17.365
201703 13.959 102.634 17.065
201706 13.355 103.029 16.264
201709 13.613 103.345 16.527
201712 13.311 103.345 16.160
201803 13.176 105.004 15.744
201806 13.846 105.557 16.458
201809 13.973 105.636 16.596
201812 14.445 105.399 17.195
201903 14.607 106.979 17.131
201906 13.881 107.690 16.172
201909 14.415 107.611 16.807
201912 14.713 107.769 17.129
202003 14.485 107.927 16.839
202006 14.404 108.401 16.672
202009 14.487 108.164 16.805
202012 14.742 108.559 17.038
202103 15.614 110.298 17.761
202106 16.096 111.720 18.077
202109 17.449 112.905 19.390
202112 15.781 113.774 17.403
202203 18.779 117.646 20.028
202206 19.658 120.806 20.417
202209 20.614 120.648 21.437
202212 17.292 120.964 17.936
202303 17.106 122.702 17.492
202306 17.253 124.203 17.429
202309 17.747 125.230 17.781
202312 17.678 125.468 17.678
202403 17.907 125.468 17.907

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


Great-West Lifeco  (STU:GWS) 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.

Great-West Lifeco's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.40/16.87
=1.68

* 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 Great-West Lifeco was 2.70. The lowest was 1.09. And the median was 1.92.


Be Aware

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


Great-West Lifeco Cyclically Adjusted Book per Share Related Terms

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


Great-West Lifeco (STU:GWS) Business Description

Industry
Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.

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