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Grupo Assa (XPTY:ASSA) Cyclically Adjusted Book per Share : $112.03 (As of Mar. 2024)


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What is Grupo Assa 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.

Grupo Assa's adjusted book value per share for the three months ended in Mar. 2024 was $117.161. 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 $112.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Assa's average Cyclically Adjusted Book Growth Rate was 4.40% 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 (2024-06-16), Grupo Assa's current stock price is $95.00. Grupo Assa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $112.03. Grupo Assa's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Assa was 0.97. The lowest was 0.74. And the median was 0.84.


Grupo Assa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Assa'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.

Grupo Assa Cyclically Adjusted Book per Share Chart

Grupo Assa 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 - - - 104.29 109.89

Grupo Assa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 107.32 108.98 109.84 109.89 112.03

Competitive Comparison of Grupo Assa's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Grupo Assa'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.


Grupo Assa's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Grupo Assa 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, Grupo Assa'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)
=117.161/131.7762*131.7762
=117.161

Current CPI (Mar. 2024) = 131.7762.

Grupo Assa Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 72.519 100.428 95.156
201412 75.205 99.070 100.033
201503 77.163 99.621 102.069
201506 76.197 100.684 99.727
201509 0.000 100.392 0.000
201512 75.627 99.792 99.866
201603 77.204 100.470 101.260
201606 76.768 101.688 99.483
201609 80.882 101.861 104.636
201612 82.845 101.863 107.174
201703 86.269 102.862 110.519
201706 88.251 103.349 112.525
201709 91.654 104.136 115.982
201712 96.268 104.011 121.966
201803 98.282 105.290 123.006
201806 99.652 106.317 123.515
201809 95.931 106.507 118.691
201812 96.378 105.998 119.817
201903 98.425 107.251 120.933
201906 103.591 108.070 126.315
201909 106.385 108.329 129.411
201912 106.599 108.420 129.563
202003 98.139 108.902 118.753
202006 95.866 108.767 116.146
202009 95.034 109.815 114.039
202012 94.957 109.897 113.862
202103 97.190 111.754 114.602
202106 100.746 114.631 115.814
202109 99.222 115.734 112.975
202112 101.132 117.630 113.295
202203 100.908 121.301 109.622
202206 98.560 125.017 103.889
202209 97.680 125.227 102.789
202212 99.923 125.222 105.153
202303 102.828 127.348 106.404
202306 105.224 128.729 107.715
202309 106.486 129.860 108.058
202312 113.161 129.419 115.222
202403 117.161 131.776 117.161

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


Grupo Assa  (XPTY:ASSA) 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.

Grupo Assa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.00/112.03
=0.85

* 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 Grupo Assa was 0.97. The lowest was 0.74. And the median was 0.84.


Be Aware

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


Grupo Assa Cyclically Adjusted Book per Share Related Terms

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


Grupo Assa (XPTY:ASSA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nicanor de Obarrio Avenue (Calle 50), PO Box 0816-01622, ASSA Building, between Calles 56 and 57, Panama, PAN
Grupo Assa SA is engaged in the operations of insurance business, banking operations, financial activities and investment operations.

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