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Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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What is Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG's adjusted book value per share for the three months ended in Mar. 2024 was CHF214.939. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Munchener Ruckversicherungs-Gesellschaft AG's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Munchener Ruckversicherungs-Gesellschaft AG was 7.30% per year. The lowest was 4.30% per year. And the median was 6.25% per year.

As of today (2024-06-23), Munchener Ruckversicherungs-Gesellschaft AG's current stock price is CHF267.00. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Munchener Ruckversicherungs-Gesellschaft AG was 2.02. The lowest was 0.89. And the median was 1.27.


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Book per Share Chart

Munchener Ruckversicherungs-Gesellschaft AG 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 194.41 191.58 203.95 - -

Munchener Ruckversicherungs-Gesellschaft AG 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 - - - - -

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted Book per Share

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.


Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Cyclically Adjusted PB Ratio falls into.



Munchener Ruckversicherungs-Gesellschaft AG 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, Munchener Ruckversicherungs-Gesellschaft AG'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)
=214.939/125.0381*125.0381
=214.939

Current CPI (Mar. 2024) = 125.0381.

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 193.943 99.543 243.617
201409 205.708 99.823 257.671
201412 214.216 99.543 269.082
201503 218.944 99.717 274.541
201506 191.410 100.417 238.342
201509 197.387 100.417 245.785
201512 204.214 99.717 256.071
201603 214.488 100.017 268.147
201606 215.418 100.717 267.438
201609 218.346 101.017 270.268
201612 215.986 101.217 266.818
201703 217.683 101.417 268.384
201706 211.184 102.117 258.586
201709 209.229 102.717 254.696
201712 216.313 102.617 263.576
201803 211.104 102.917 256.478
201806 207.339 104.017 249.240
201809 204.416 104.718 244.083
201812 204.091 104.217 244.865
201903 223.749 104.217 268.450
201906 228.095 105.718 269.781
201909 238.456 106.018 281.237
201912 235.079 105.818 277.778
202003 219.447 105.718 259.552
202006 226.837 106.618 266.028
202009 227.233 105.818 268.507
202012 230.614 105.518 273.277
202103 231.464 107.518 269.181
202106 232.824 108.486 268.347
202109 232.195 109.435 265.302
202112 229.003 110.384 259.406
202203 202.158 113.968 221.794
202206 171.581 115.760 185.332
202209 146.993 118.818 154.688
202212 191.266 119.345 200.390
202303 198.818 122.402 203.099
202306 190.532 123.140 193.468
202309 188.981 124.195 190.265
202312 200.023 123.773 202.068
202403 214.939 125.038 214.939

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


Munchener Ruckversicherungs-Gesellschaft AG  (XSWX:MUV2) 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 Munchener Ruckversicherungs-Gesellschaft AG was 2.02. The lowest was 0.89. And the median was 1.27.


Be Aware

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


Munchener Ruckversicherungs-Gesellschaft AG Cyclically Adjusted Book per Share Related Terms

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


Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Headlines

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