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Zavarovalnica Triglav DD (XLJU:ZVTG) Cyclically Adjusted Book per Share : €39.95 (As of Dec. 2023)


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What is Zavarovalnica Triglav DD 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.

Zavarovalnica Triglav DD's adjusted book value per share for the three months ended in Dec. 2023 was €39.075. 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 €39.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Zavarovalnica Triglav DD's average Cyclically Adjusted Book Growth Rate was 4.10% 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 (2024-06-07), Zavarovalnica Triglav DD's current stock price is €34.60. Zavarovalnica Triglav DD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €39.95. Zavarovalnica Triglav DD's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zavarovalnica Triglav DD was 1.10. The lowest was 0.74. And the median was 0.96.


Zavarovalnica Triglav DD Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zavarovalnica Triglav DD'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.

Zavarovalnica Triglav DD Cyclically Adjusted Book per Share Chart

Zavarovalnica Triglav DD 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 - - 36.13 38.38 39.95

Zavarovalnica Triglav DD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 38.31 38.21 38.38 39.56 39.95

Competitive Comparison of Zavarovalnica Triglav DD's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Zavarovalnica Triglav DD'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.


Zavarovalnica Triglav DD's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Zavarovalnica Triglav DD 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, Zavarovalnica Triglav DD's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=39.075/129.4194*129.4194
=39.075

Current CPI (Dec. 2023) = 129.4194.

Zavarovalnica Triglav DD Quarterly Data

Book Value per Share CPI Adj_Book
201309 24.767 98.790 32.446
201312 25.738 98.326 33.877
201403 27.916 99.695 36.239
201406 28.480 100.560 36.654
201409 29.831 100.428 38.443
201412 30.016 99.070 39.211
201503 32.437 99.621 42.139
201506 28.826 100.684 37.053
201509 29.893 100.392 38.536
201512 30.523 99.792 39.585
201603 31.869 100.470 41.052
201606 30.006 101.688 38.189
201609 31.669 101.861 40.237
201612 32.317 101.863 41.060
201703 33.126 102.862 41.679
201706 31.179 103.349 39.044
201709 32.001 104.136 39.771
201712 33.017 104.011 41.083
201803 33.510 105.290 41.190
201806 31.367 106.317 38.183
201809 32.278 106.507 39.222
201812 32.785 105.998 40.029
201903 34.332 107.251 41.428
201906 32.752 108.070 39.222
201909 34.033 108.329 40.659
201912 34.764 108.420 41.497
202003 34.173 108.902 40.611
202006 35.765 108.767 42.556
202009 37.026 109.815 43.636
202012 38.204 109.897 44.991
202103 38.920 111.754 45.072
202106 38.276 114.631 43.214
202109 39.526 115.734 44.200
202112 45.565 117.630 50.132
202203 39.502 121.301 42.146
202206 32.485 125.017 33.629
202209 31.610 125.227 32.668
202212 39.336 125.222 40.655
202306 37.541 128.729 37.742
202312 39.075 129.419 39.075

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


Zavarovalnica Triglav DD  (XLJU:ZVTG) 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.

Zavarovalnica Triglav DD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.60/39.95
=0.87

* 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 Zavarovalnica Triglav DD was 1.10. The lowest was 0.74. And the median was 0.96.


Be Aware

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


Zavarovalnica Triglav DD Cyclically Adjusted Book per Share Related Terms

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


Zavarovalnica Triglav DD (XLJU:ZVTG) Business Description

Traded in Other Exchanges
N/A
Address
Miklosiceva cesta 19, Ljubljana, SVN, 1000
Zavarovalnica Triglav DD is an insurance-financial group in Slovenia. The company offers insurance products and services, including property, life, health, and accident insurance. Zavarovalnica Triglav, the controlling company of the Triglav Group operates together with its subsidiaries and associated companies in seven markets and in six countries.

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