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MetLife (BSP:METB34) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 03, 2025)


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What is MetLife Cyclically Adjusted PB Ratio?

As of today (2025-06-03), MetLife's current share price is R$444.60. MetLife's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$414.15. MetLife's Cyclically Adjusted PB Ratio for today is 1.07.

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

BSP:METB34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.82   Max: 1.2
Current: 1.09

During the past years, MetLife's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.38. And the median was 0.82.

BSP:METB34's Cyclically Adjusted PB Ratio is ranked better than
58.48% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs BSP:METB34: 1.09

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.

MetLife's adjusted book value per share data for the three months ended in Mar. 2025 was R$235.124. 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 R$414.15 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted PB Ratio Chart

MetLife Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.85 0.96 0.89 1.13

MetLife Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.99 0.94 1.12 1.13 1.11

Competitive Comparison of MetLife's Cyclically Adjusted PB Ratio

For the Insurance - Life subindustry, MetLife'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.


MetLife's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


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MetLife 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.

MetLife's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=444.60/414.15
=1.07

* 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.

MetLife's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, MetLife's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=235.124/134.9266*134.9266
=235.124

Current CPI (Mar. 2025) = 134.9266.

MetLife Quarterly Data

Book Value per Share CPI Adj_Book
201506 193.310 100.684 259.055
201509 246.857 100.392 331.777
201512 240.154 99.792 324.706
201603 255.083 100.470 342.563
201606 246.690 101.688 327.325
201609 231.741 101.861 306.968
201612 206.750 101.863 273.860
201703 196.471 102.862 257.715
201706 215.223 103.349 280.983
201709 168.509 104.136 218.334
201712 185.262 104.011 240.328
201803 180.292 105.290 231.041
201806 202.219 106.317 256.636
201809 214.983 106.507 272.348
201812 213.657 105.998 271.968
201903 236.498 107.251 297.527
201906 262.881 108.070 328.211
201909 306.265 108.329 381.460
201912 296.599 108.420 369.111
202003 378.058 108.902 468.406
202006 432.698 108.767 536.765
202009 437.189 109.815 537.162
202012 429.582 109.897 527.422
202103 422.572 111.754 510.192
202106 403.760 114.631 475.245
202109 431.618 115.734 503.194
202112 462.248 117.630 530.220
202203 329.589 121.301 366.611
202206 234.803 125.017 253.415
202209 167.012 125.227 179.949
202212 201.179 125.222 216.771
202303 218.006 127.348 230.980
202306 193.972 128.729 203.311
202309 170.235 129.860 176.878
202312 201.236 129.419 209.799
202403 198.556 131.776 203.303
202406 208.568 132.554 212.302
202409 246.572 133.029 250.089
202412 242.947 133.157 246.175
202503 235.124 134.927 235.124

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.


MetLife  (BSP:METB34) 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.


MetLife Cyclically Adjusted PB Ratio Related Terms

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


MetLife Business Description

Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial-services products. It is organized into five segments: us, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The us business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of earnings. The EMEA and MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.

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