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Al-Takaful Palestinian Insurance (XPAE:TIC) Cyclically Adjusted Book per Share : $1.99 (As of Dec. 2024)


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What is Al-Takaful Palestinian Insurance 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.

Al-Takaful Palestinian Insurance's adjusted book value per share for the three months ended in Dec. 2024 was $2.206. 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 $1.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Al-Takaful Palestinian Insurance's average Cyclically Adjusted Book Growth Rate was 5.90% 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.

As of today (2025-05-30), Al-Takaful Palestinian Insurance's current stock price is $2.75. Al-Takaful Palestinian Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $1.99. Al-Takaful Palestinian Insurance's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Takaful Palestinian Insurance was 1.76. The lowest was 1.35. And the median was 1.53.


Al-Takaful Palestinian Insurance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al-Takaful Palestinian Insurance'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.

Al-Takaful Palestinian Insurance Cyclically Adjusted Book per Share Chart

Al-Takaful Palestinian Insurance 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 - - 1.73 1.88 1.99

Al-Takaful Palestinian Insurance 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 1.88 1.92 1.93 1.96 1.99

Competitive Comparison of Al-Takaful Palestinian Insurance's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Al-Takaful Palestinian Insurance'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.


Al-Takaful Palestinian Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Al-Takaful Palestinian Insurance's Cyclically Adjusted PB Ratio falls into.


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Al-Takaful Palestinian Insurance 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, Al-Takaful Palestinian Insurance'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)
=2.206/133.1571*133.1571
=2.206

Current CPI (Dec. 2024) = 133.1571.

Al-Takaful Palestinian Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.075 99.621 1.437
201506 0.987 100.684 1.305
201509 1.012 100.392 1.342
201512 0.978 99.792 1.305
201603 1.210 100.470 1.604
201606 1.090 101.688 1.427
201609 1.281 101.861 1.675
201612 1.227 101.863 1.604
201703 1.425 102.862 1.845
201706 1.439 103.349 1.854
201709 1.440 104.136 1.841
201712 1.422 104.011 1.820
201803 1.617 105.290 2.045
201806 1.533 106.317 1.920
201809 1.512 106.507 1.890
201812 1.490 105.998 1.872
201903 1.749 107.251 2.171
201906 1.612 108.070 1.986
201909 1.591 108.329 1.956
201912 1.668 108.420 2.049
202003 1.729 108.902 2.114
202006 1.752 108.767 2.145
202009 1.744 109.815 2.115
202012 1.899 109.897 2.301
202103 1.934 111.754 2.304
202106 1.904 114.631 2.212
202109 1.953 115.734 2.247
202112 2.006 117.630 2.271
202203 1.975 121.301 2.168
202206 2.133 125.017 2.272
202209 2.152 125.227 2.288
202212 2.158 125.222 2.295
202303 2.283 127.348 2.387
202306 2.159 128.729 2.233
202309 2.162 129.860 2.217
202312 2.172 129.419 2.235
202403 2.194 131.776 2.217
202406 2.109 132.554 2.119
202409 2.117 133.029 2.119
202412 2.206 133.157 2.206

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


Al-Takaful Palestinian Insurance  (XPAE:TIC) 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.

Al-Takaful Palestinian Insurance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.75/1.99
=1.38

* 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 Al-Takaful Palestinian Insurance was 1.76. The lowest was 1.35. And the median was 1.53.


Be Aware

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


Al-Takaful Palestinian Insurance Cyclically Adjusted Book per Share Related Terms

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


Al-Takaful Palestinian Insurance Business Description

Traded in Other Exchanges
N/A
Address
Abraj House, 2nd floor, Box: 1444, Ein Munjed, Ramallah, PSE
Al-Takaful Palestinian Insurance is a Palestine-based company that is engaged in providing multiple insurance programs and services that is compliant with Shariah. The company provides Medical insurance, which provides insurance for general and physician doctors, pharmacies, laboratories, and X-rays; Motor insurance, which provides insurance for theft, collision, and fire; Family insurance, which provides insurance for natural death, accidental death, and other; and General insurance. The company sells its insurance via branches, offices, and authorized dealers.