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Softlogic Life Insurance (COL:AAIC.N0000) Cyclically Adjusted PB Ratio : 3.00 (As of May. 21, 2024)


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What is Softlogic Life Insurance Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Softlogic Life Insurance's current share price is රු64.50. Softlogic Life Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු21.47. Softlogic Life Insurance's Cyclically Adjusted PB Ratio for today is 3.00.

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

COL:AAIC.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.5   Med: 3.78   Max: 12.77
Current: 3.03

During the past years, Softlogic Life Insurance's highest Cyclically Adjusted PB Ratio was 12.77. The lowest was 2.50. And the median was 3.78.

COL:AAIC.N0000's Cyclically Adjusted PB Ratio is ranked worse than
85.78% of 415 companies
in the Insurance industry
Industry Median: 1.19 vs COL:AAIC.N0000: 3.03

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.

Softlogic Life Insurance's adjusted book value per share data for the three months ended in Mar. 2024 was රු34.044. 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 රු21.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Softlogic Life Insurance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Softlogic Life Insurance'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.

Softlogic Life Insurance Cyclically Adjusted PB Ratio Chart

Softlogic Life Insurance 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 - - 5.08 4.93 2.64

Softlogic Life Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.55 4.23 3.77 2.64 3.08

Competitive Comparison of Softlogic Life Insurance's Cyclically Adjusted PB Ratio

For the Insurance - Life subindustry, Softlogic Life Insurance'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.


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

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

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



Softlogic Life Insurance 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.

Softlogic Life Insurance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.50/21.47
=3.00

* 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.

Softlogic Life Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Softlogic Life Insurance'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)
=34.044/131.7762*131.7762
=34.044

Current CPI (Mar. 2024) = 131.7762.

Softlogic Life Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 6.868 100.428 9.012
201412 6.330 99.070 8.420
201503 5.813 99.621 7.689
201506 6.487 100.684 8.490
201509 4.971 100.392 6.525
201512 4.926 99.792 6.505
201603 4.432 100.470 5.813
201606 5.422 101.688 7.026
201609 5.897 101.861 7.629
201612 5.232 101.863 6.768
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 10.363 104.011 13.129
201803 12.164 105.290 15.224
201806 12.262 106.317 15.198
201809 17.916 106.507 22.167
201812 17.789 105.998 22.115
201903 18.100 107.251 22.239
201906 18.998 108.070 23.166
201909 20.232 108.329 24.611
201912 21.917 108.420 26.638
202003 22.897 108.902 27.707
202006 23.723 108.767 28.741
202009 23.628 109.815 28.353
202012 26.497 109.897 31.772
202103 24.654 111.754 29.071
202106 26.110 114.631 30.015
202109 26.819 115.734 30.536
202112 28.236 117.630 31.632
202203 25.481 121.301 27.681
202206 25.282 125.017 26.649
202209 27.627 125.227 29.072
202212 28.994 125.222 30.512
202303 27.390 127.348 28.342
202306 29.660 128.729 30.362
202309 33.440 129.860 33.934
202312 35.556 129.419 36.203
202403 34.044 131.776 34.044

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.


Softlogic Life Insurance  (COL:AAIC.N0000) 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.


Softlogic Life Insurance Cyclically Adjusted PB Ratio Related Terms

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


Softlogic Life Insurance (COL:AAIC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
One Galle Face Tower, Level 16, Colombo, LKA, 02
Softlogic Life Insurance PLC is engaged in the insurance business. The company has operations in the sectors of retail, healthcare, information and communications technology (ICT), automobiles, leisure, and financial services. Its operating segment includes Policyholder Fund and Shareholder Fund. The company generates maximum revenue from the Policyholder Fund segment.

Softlogic Life Insurance (COL:AAIC.N0000) Headlines

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