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MetLife (STU:MWZ) Cyclically Adjusted Book per Share : €69.28 (As of Dec. 2024)


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What is MetLife 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.

MetLife's adjusted book value per share for the three months ended in Dec. 2024 was €38.029. 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 €69.28 for the trailing ten years ended in Dec. 2024.

During the past 12 months, MetLife's average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 MetLife was 8.40% per year. The lowest was -0.40% per year. And the median was 5.50% per year.

As of today (2025-05-10), MetLife's current stock price is €69.11. MetLife's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €69.28. MetLife's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MetLife was 1.20. The lowest was 0.38. And the median was 0.82.


MetLife Cyclically Adjusted Book per Share Historical Data

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted Book per Share Chart

MetLife 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 53.77 64.51 69.68 66.89 69.28

MetLife Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 66.89 68.91 69.65 65.79 69.28

Competitive Comparison of MetLife's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, MetLife'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.


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

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

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


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MetLife 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, MetLife's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=38.029/133.1571*133.1571
=38.029

Current CPI (Dec. 2024) = 133.1571.

MetLife Quarterly Data

Book Value per Share CPI Adj_Book
201503 61.168 99.621 81.759
201506 55.352 100.684 73.204
201509 56.351 100.392 74.743
201512 56.808 99.792 75.801
201603 61.943 100.470 82.095
201606 64.133 101.688 83.980
201609 63.470 101.861 82.971
201612 58.437 101.863 76.390
201703 58.737 102.862 76.036
201706 58.126 103.349 74.891
201709 45.133 104.136 57.711
201712 47.510 104.011 60.823
201803 44.592 105.290 56.394
201806 45.903 106.317 57.491
201809 44.842 106.507 56.062
201812 48.361 105.998 60.752
201903 54.495 107.251 67.658
201906 60.339 108.070 74.346
201909 67.505 108.329 82.976
201912 65.036 108.420 79.875
202003 70.022 108.902 85.618
202006 74.057 108.767 90.663
202009 68.736 109.815 83.346
202012 68.637 109.897 83.164
202103 62.991 111.754 75.055
202106 66.644 114.631 77.414
202109 69.497 115.734 79.959
202112 72.342 117.630 81.891
202203 60.137 121.301 66.015
202206 44.005 125.017 46.870
202209 32.169 125.227 34.206
202212 36.206 125.222 38.500
202303 39.093 127.348 40.876
202306 36.887 128.729 38.156
202309 32.298 129.860 33.118
202312 37.661 129.419 38.749
202403 36.682 131.776 37.066
202406 35.974 132.554 36.138
202409 40.117 133.029 40.156
202412 38.029 133.157 38.029

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


MetLife  (STU:MWZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.11/69.28
=1.00

* 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 MetLife was 1.20. The lowest was 0.38. And the median was 0.82.


Be Aware

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


MetLife Cyclically Adjusted Book per Share Related Terms

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


MetLife Business Description

Industry
Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial-services products. It is organized into five segments: us, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The us business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of earnings. The EMEA and MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.

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