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Ambac Financial Group (Ambac Financial Group) Cyclically Adjusted PB Ratio : 0.41 (As of Apr. 30, 2024)


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What is Ambac Financial Group Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Ambac Financial Group's current share price is $14.76. Ambac Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.15. Ambac Financial Group's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Ambac Financial Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMBC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.12   Max: 2.16
Current: 0.41

During the past years, Ambac Financial Group's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.27. And the median was 1.12.

AMBC's Cyclically Adjusted PB Ratio is ranked better than
87.41% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs AMBC: 0.41

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.

Ambac Financial Group's adjusted book value per share data for the three months ended in Dec. 2023 was $30.136. 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 $36.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ambac Financial Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ambac Financial Group's Cyclically Adjusted PB Ratio 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.

Ambac Financial Group Cyclically Adjusted PB Ratio Chart

Ambac Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.69 0.59 0.53 0.46

Ambac Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 0.53 0.45 0.40 0.33 0.46

Competitive Comparison of Ambac Financial Group's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, Ambac Financial Group'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.


Ambac Financial Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Ambac Financial Group's Cyclically Adjusted PB Ratio falls into.



Ambac Financial Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ambac Financial Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.76/36.15
=0.41

* 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.

Ambac Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ambac Financial Group'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)
=30.136/129.4194*129.4194
=30.136

Current CPI (Dec. 2023) = 129.4194.

Ambac Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.181 99.695 27.496
201406 21.067 100.560 27.113
201409 21.679 100.428 27.937
201412 31.089 99.070 40.613
201503 34.736 99.621 45.126
201506 39.394 100.684 50.637
201509 30.098 100.392 38.801
201512 37.410 99.792 48.517
201603 38.727 100.470 49.886
201606 39.804 101.688 50.659
201609 42.321 101.861 53.771
201612 37.923 101.863 48.182
201703 35.924 102.862 45.199
201706 36.996 103.349 46.328
201709 33.326 104.136 41.417
201712 30.505 104.011 37.957
201803 40.701 105.290 50.029
201806 39.703 106.317 48.330
201809 38.773 106.507 47.114
201812 35.115 105.998 42.874
201903 35.632 107.251 42.997
201906 32.777 108.070 39.252
201909 34.438 108.329 41.143
201912 32.422 108.420 38.702
202003 21.888 108.902 26.012
202006 23.336 108.767 27.767
202009 22.594 109.815 26.628
202012 23.576 109.897 27.764
202103 23.010 111.754 26.647
202106 23.010 114.631 25.978
202109 22.920 115.734 25.630
202112 22.417 117.630 24.664
202203 19.637 121.301 20.951
202206 17.446 125.017 18.060
202209 22.440 125.227 23.191
202212 27.838 125.222 28.771
202303 27.669 127.348 28.119
202306 27.591 128.729 27.739
202309 27.995 129.860 27.900
202312 30.136 129.419 30.136

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


Ambac Financial Group  (NYSE:AMBC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ambac Financial Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ambac Financial Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ambac Financial Group (Ambac Financial Group) Business Description

Traded in Other Exchanges
Address
One World Trade Center, New York, NY, USA, 10007
Ambac Financial Group Incis a financial services holding company. The business operations of the company include Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. The Company has three reportable segments namely Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. Majority of revenues are earned from Legacy Financial Guarantee Insurance segment.
Executives
Claude Leblanc director, officer: Chief Executive Officer ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Kristi Ann Matus director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Michael D Price director 67 ORCHARD DRIVE, NEW CANAAN CT 06840
C James Prieur director
Lisa G Iglesias director 1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
David Trick officer: Sr. MD., CFO & Treasurer AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Daniel Mcginnis officer: Sr. MD & COO C/O AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK NY 10007
R Sharon Smith officer: Senior Managing Director ONE STATE STREET PLAZA, NEW YORK NY 10004
Robert Bryan Eisman officer: Sr. MD & CAO AMBAC FINANCIAL GROUP INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Jeffrey Scott Stein director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Stephen Michael Ksenak officer: Sr. MD & General Counsel AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
David Barranco officer: Senior Managing Director C/O AMBAC FINANCIAL GROUP INC, ONE STATE STREET PLAZA, NEW YORK NY 10004
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956

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