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SCB Life Assurance (BKK:SCBLIF) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is SCB Life Assurance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SCB Life Assurance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SCB Life Assurance'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.

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SCB Life Assurance Cyclically Adjusted PB Ratio Chart

SCB Life Assurance Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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SCB Life Assurance Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of SCB Life Assurance's Cyclically Adjusted PB Ratio

For the Insurance - Life subindustry, SCB Life Assurance'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.


SCB Life Assurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where SCB Life Assurance's Cyclically Adjusted PB Ratio falls into.



SCB Life Assurance 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.

SCB Life Assurance's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec14 is calculated as:

For example, SCB Life Assurance's adjusted Book Value per Share data for the fiscal year that ended in Dec14 was:

Adj_Book=Book Value per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=257.339/99.0697*99.0697
=257.339

Current CPI (Dec14) = 99.0697.

SCB Life Assurance Annual Data

Book Value per Share CPI Adj_Book
200512 11.857 83.032 14.147
200612 18.170 85.142 21.142
200712 30.208 88.616 33.771
200812 47.094 88.697 52.601
200912 68.744 91.111 74.749
201012 95.092 92.474 101.874
201112 124.723 95.213 129.774
201212 165.869 96.871 169.634
201312 172.600 98.326 173.906
201412 257.339 99.070 257.339

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.


SCB Life Assurance  (BKK:SCBLIF) 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.


SCB Life Assurance Cyclically Adjusted PB Ratio Related Terms

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SCB Life Assurance (BKK:SCBLIF) Business Description

Traded in Other Exchanges
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Address
SCB Life Assurance PLC was established on 24 June 1976. The Company provides life and health insurance services. It also offers mortgage protection insurance including group insurance to both individual and institutional clients and management.

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