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American International Group (TSE:8685) Cyclically Adjusted Book per Share : 円0.00 (As of Mar. 2024)


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What is American International Group Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

American International Group's adjusted book value per share for the three months ended in Mar. 2024 was 円7,347.419. 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 円0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American International Group's average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.60% 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 American International Group was 14.60% per year. The lowest was -32.40% per year. And the median was 5.20% per year.

As of today (2024-05-24), American International Group's current stock price is 円4910.00. American International Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円0.00. American International Group's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.92. The lowest was 0.09. And the median was 0.45.


American International Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for American International Group'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.

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American International Group Cyclically Adjusted Book per Share Chart

American International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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American International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of American International Group's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, American International Group'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.


American International Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



American International Group 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, American International Group'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)
=7347.419/131.7762*131.7762
=7,347.419

Current CPI (Mar. 2024) = 131.7762.

American International Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,727.411 100.560 10,126.232
201409 8,309.331 100.428 10,903.077
201412 9,270.400 99.070 12,330.895
201503 9,650.561 99.621 12,765.511
201506 9,865.504 100.684 12,912.081
201509 9,540.093 100.392 12,522.546
201512 9,134.239 99.792 12,061.793
201603 8,840.660 100.470 11,595.341
201606 8,752.175 101.688 11,341.822
201609 8,653.359 101.861 11,194.734
201612 8,892.128 101.863 11,503.434
201703 8,874.047 102.862 11,368.493
201706 9,052.448 103.349 11,542.405
201709 8,930.797 104.136 11,301.289
201712 8,186.960 104.011 10,372.417
201803 7,417.873 105.290 9,283.918
201806 7,556.394 106.317 9,365.903
201809 7,423.674 106.507 9,184.995
201812 7,148.233 105.998 8,886.657
201903 7,576.147 107.251 9,308.636
201906 7,824.829 108.070 9,541.325
201909 7,915.905 108.329 9,629.222
201912 8,039.688 108.420 9,771.616
202003 7,264.410 108.902 8,790.295
202006 7,509.028 108.767 9,097.506
202009 7,593.855 109.815 9,112.510
202012 7,729.307 109.897 9,268.138
202103 7,641.946 111.754 9,011.069
202106 8,164.624 114.631 9,385.763
202109 8,016.686 115.734 9,127.877
202112 8,424.542 117.630 9,437.719
202203 7,498.682 121.301 8,146.246
202206 6,866.424 125.017 7,237.677
202209 6,320.461 125.227 6,651.039
202212 6,174.236 125.222 6,497.410
202303 6,544.904 127.348 6,772.497
202306 6,706.236 128.729 6,864.998
202309 6,601.190 129.860 6,698.622
202312 7,302.197 129.419 7,435.174
202403 7,347.419 131.776 7,347.419

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


American International Group  (TSE:8685) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.92. The lowest was 0.09. And the median was 0.45.


Be Aware

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


American International Group Cyclically Adjusted Book per Share Related Terms

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


American International Group (TSE:8685) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

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