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WRB (WR Berkley) Cyclically Adjusted Book per Share : $17.63 (As of Dec. 2024)


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What is WR Berkley 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.

WR Berkley's adjusted book value per share for the three months ended in Dec. 2024 was $22.089. 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 $17.63 for the trailing ten years ended in Dec. 2024.

During the past 12 months, WR Berkley's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 WR Berkley was 16.00% per year. The lowest was 5.70% per year. And the median was 9.55% per year.

As of today (2025-04-15), WR Berkley's current stock price is $69.34. WR Berkley's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $17.63. WR Berkley's Cyclically Adjusted PB Ratio of today is 3.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WR Berkley was 4.04. The lowest was 1.77. And the median was 2.43.


WR Berkley Cyclically Adjusted Book per Share Historical Data

The historical data trend for WR Berkley'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.

WR Berkley Cyclically Adjusted Book per Share Chart

WR Berkley 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 12.42 13.96 15.36 16.44 17.63

WR Berkley 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 16.44 16.91 17.17 17.42 17.63

Competitive Comparison of WR Berkley's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, WR Berkley'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.


WR Berkley's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


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WR Berkley 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, WR Berkley'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)
=22.089/133.1571*133.1571
=22.089

Current CPI (Dec. 2024) = 133.1571.

WR Berkley Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.859 99.621 14.515
201506 10.891 100.684 14.404
201509 11.017 100.392 14.613
201512 11.054 99.792 14.750
201603 11.483 100.470 15.219
201606 11.844 101.688 15.509
201609 11.994 101.861 15.679
201612 12.340 101.863 16.131
201703 12.661 102.862 16.390
201706 12.916 103.349 16.641
201709 13.214 104.136 16.897
201712 13.195 104.011 16.893
201803 13.290 105.290 16.808
201806 13.209 106.317 16.544
201809 13.194 106.507 16.495
201812 13.207 105.998 16.591
201903 13.987 107.251 17.366
201906 14.502 108.070 17.869
201909 14.655 108.329 18.014
201912 14.721 108.420 18.080
202003 13.576 108.902 16.600
202006 14.490 108.767 17.739
202009 14.951 109.815 18.129
202012 15.773 109.897 19.111
202103 16.073 111.754 19.151
202106 16.479 114.631 19.142
202109 16.728 115.734 19.246
202112 16.726 117.630 18.934
202203 17.257 121.301 18.944
202206 16.372 125.017 17.438
202209 15.917 125.227 16.925
202212 17.006 125.222 18.084
202303 17.633 127.348 18.437
202306 17.830 128.729 18.443
202309 17.867 129.860 18.321
202312 19.374 129.419 19.934
202403 20.230 131.776 20.442
202406 20.423 132.554 20.516
202409 22.105 133.029 22.126
202412 22.089 133.157 22.089

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


WR Berkley  (NYSE:WRB) 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.

WR Berkley's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.34/17.63
=3.93

* 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 WR Berkley was 4.04. The lowest was 1.77. And the median was 2.43.


Be Aware

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


WR Berkley Cyclically Adjusted Book per Share Related Terms

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


WR Berkley Business Description

Industry
Address
475 Steamboat Road, Greenwich, CT, USA, 06830
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
Executives
Daniel Lynn Mosley director 475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank director ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman director 475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt officer: EVP & General Counsel W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel officer: Sr.Vice Pres. - Investments C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi officer: SVP AND GENERAL COUNSEL W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman officer: SVP-General Counsel & Sec. 475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio officer: V.P.-Corp. Controller C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini director C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard officer: Sr.V.P.- CFO & Treas. C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock director
Lucille T Sgaglione officer: Senior Vice President C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter officer: SVP W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830