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TILCF (Till Capital) Cyclically Adjusted Book per Share : $7.20 (As of Sep. 2024)


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What is Till Capital 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.

Till Capital's adjusted book value per share for the three months ended in Sep. 2024 was $2.853. 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 $7.20 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Till Capital's average Cyclically Adjusted Book Growth Rate was -0.30% 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.

As of today (2024-12-14), Till Capital's current stock price is $0.7701. Till Capital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $7.20. Till Capital's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Till Capital was 0.51. The lowest was 0.10. And the median was 0.29.


Till Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Till Capital'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.

Till Capital Cyclically Adjusted Book per Share Chart

Till Capital Annual Data
Trend Feb14 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 - - - - 8.63

Till Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 10.10 8.01 8.63 7.32 7.20

Competitive Comparison of Till Capital's Cyclically Adjusted Book per Share

For the Insurance - Reinsurance subindustry, Till Capital'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.


Till Capital's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Till Capital 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, Till Capital's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.853/127.2847*127.2847
=2.853

Current CPI (Sep. 2024) = 127.2847.

Till Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.140 99.473 16.814
201409 12.044 99.394 15.424
201503 10.489 99.789 13.379
201506 9.942 100.500 12.592
201509 8.531 100.421 10.813
201512 7.158 99.947 9.116
201603 7.731 101.054 9.738
201606 7.848 102.002 9.793
201609 7.852 101.765 9.821
201612 7.716 101.449 9.681
201703 7.551 102.634 9.365
201706 7.604 103.029 9.394
201709 6.799 103.345 8.374
201712 7.041 103.345 8.672
201803 6.106 105.004 7.402
201806 5.886 105.557 7.098
201809 5.425 105.636 6.537
201812 6.468 105.399 7.811
201903 6.491 106.979 7.723
201906 6.534 107.690 7.723
201909 6.469 107.611 7.652
201912 6.444 107.769 7.611
202003 6.114 107.927 7.211
202006 6.101 108.401 7.164
202009 5.977 108.164 7.034
202012 6.080 108.559 7.129
202103 6.056 110.298 6.989
202106 5.891 111.720 6.712
202109 7.783 112.905 8.774
202112 7.885 113.774 8.821
202203 7.799 117.646 8.438
202206 6.575 120.806 6.928
202209 6.651 120.648 7.017
202212 5.524 120.964 5.813
202303 5.728 122.702 5.942
202306 5.663 124.203 5.803
202309 5.477 125.230 5.567
202312 4.800 125.072 4.885
202403 3.187 126.258 3.213
202409 2.853 127.285 2.853

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


Till Capital  (OTCPK:TILCF) 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.

Till Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.7701/7.2
=0.11

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Till Capital was 0.51. The lowest was 0.10. And the median was 0.29.


Be Aware

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


Till Capital Cyclically Adjusted Book per Share Related Terms

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


Till Capital Business Description

Industry
Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Till Capital Corp is a holding company operating through the insurance segment. Through its subsidiaries, it conducts the insurance and reinsurance business. Its geographical segments are Canada, and United States. The company operates in a single segment, that being investments.
Executives
William A Lupien director, officer: Chief Investment Officer 6323 DEWEY DRIVE, COEUR D ALENE ID 83814
John T Rickard director, officer: Chief Executive Officer
Wayne Kauth director ONE E. WACKER DRIVE, CHICAGO IL 60601
Brian Patrick Lupien director, officer: Chief Financial Officer 6510 DEWEY DRIVE, COEUR D ALENE ID 83814
Alan Seth Danson director 3005A BOOTH FALLS ROAD, VAIL CO 81657
Weiying Zhu officer: Controller 13403 N. GOVERNMENT WAY, SUITE 212, HAYDEN ID 83835
Roger Loeb director 13403 N. GOVERNMENT WAY, SUITE 212, HAYDEN ID 83835
Patricia Marie Tilton director 12720 50TH AVENUE NORTH, PLYMOUTH MN 55442
George Joseph Rohlinger director 4895 WEST MILL RIVER FOURT, COEUR D' ALENE ID 83814

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