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Aegon (BUE:AEG) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 02, 2025)


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What is Aegon Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Aegon's current share price is ARS8640.00. Aegon's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ARS13,984.41. Aegon's Cyclically Adjusted PB Ratio for today is 0.62.

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

BUE:AEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 0.56
Current: 0.55

During the past 13 years, Aegon's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.14. And the median was 0.36.

BUE:AEG's Cyclically Adjusted PB Ratio is ranked better than
84.03% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs BUE:AEG: 0.55

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.

Aegon's adjusted book value per share data of for the fiscal year that ended in Dec24 was ARS6,101.162. 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 ARS13,984.41 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aegon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aegon'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.

Aegon Cyclically Adjusted PB Ratio Chart

Aegon 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 0.25 0.34 0.37 0.43 0.50

Aegon Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.37 - 0.43 - 0.50

Competitive Comparison of Aegon's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Aegon'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.


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

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

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


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Aegon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8640.00/13984.41
=0.62

* 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.

Aegon's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Aegon's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=6101.162/131.6300*131.6300
=6,101.162

Current CPI (Dec24) = 131.6300.

Aegon Annual Data

Book Value per Share CPI Adj_Book
201512 175.413 99.730 231.521
201612 199.340 100.710 260.541
201712 265.804 101.970 343.118
201812 471.618 103.970 597.086
201912 789.941 106.800 973.595
202012 1,152.274 107.850 1,406.341
202112 745.583 114.010 860.811
202212 967.287 124.940 1,019.081
202312 2,118.084 126.450 2,204.851
202412 6,101.162 131.630 6,101.162

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.


Aegon  (BUE:AEG) 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.


Aegon Cyclically Adjusted PB Ratio Related Terms

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


Aegon Business Description

Industry
Address
Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV
Aegon is a life insurance and long-term savings business listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through an extensive transformation program where management has sought to divest noncore operations and improve the risk profile of the business. Financial assets are the parts of the group that are now being run off. Aegon is looking to cycle out of capital-consumptive and volatile-earnings products and recycle funds into capital-light and more predictable strategic businesses.