Alliance Insurance PSC (DFM:ALLIANCE) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Alliance Insurance PSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliance Insurance PSC  (DFM:ALLIANCE) 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.


Alliance Insurance PSC Cyclically Adjusted PB Ratio Related Terms


Alliance Insurance PSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alliance Insurance PSC'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.

Alliance Insurance PSC Cyclically Adjusted PB Ratio Chart

Alliance Insurance PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.68 0.66 0.65 0.63

Alliance Insurance PSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.65 0.64 0.64 0.63 0.63

Alliance Insurance PSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Insurance - Diversified subindustry, Alliance Insurance PSC'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.


Alliance Insurance PSC Cyclically Adjusted PB Ratio vs Insurance Industry

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

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



Alliance Insurance PSC 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.

Alliance Insurance PSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alliance Insurance PSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=560.743/333.9520*333.9520
=560.743

Current CPI (Jun. 2026) = 333.9520.

Alliance Insurance PSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 447.400 241.428 618.860
201612 459.247 241.432 635.237
201703 447.586 243.801 613.091
201706 457.148 244.955 623.239
201709 471.035 246.819 637.322
201712 481.631 246.524 652.438
201803 494.624 249.554 661.904
201806 476.261 251.989 631.172
201809 490.374 252.439 648.717
201812 497.355 251.233 661.110
201903 511.280 254.202 671.682
201906 492.179 256.143 641.689
201909 505.202 256.759 657.088
201912 515.372 256.974 669.755
202003 524.953 258.115 679.190
202006 509.663 257.797 660.221
202009 519.349 260.280 666.350
202012 526.899 260.474 675.534
202103 537.982 264.877 678.278
202106 519.753 271.696 638.848
202109 523.959 274.310 637.881
202112 538.617 278.802 645.161
202203 548.933 287.504 637.616
202206 524.047 296.311 590.618
202209 529.152 296.808 595.373
202212 535.775 296.797 602.847
202303 551.504 301.836 610.185
202306 530.883 305.109 581.069
202309 535.965 307.789 581.524
202312 560.241 306.746 609.930
202403 565.873 312.332 605.043
202406 548.661 314.175 583.199
202409 543.457 315.301 575.604
202412 564.180 315.605 596.977
202503 572.024 319.799 597.339
202506 545.379 322.561 564.639
202509 553.588 324.800 569.187
202512 573.661 324.054 591.183
202603 583.228 330.213 589.832
202606 560.743 333.952 560.743

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.


Alliance Insurance PSC Business Description

Address Abu Baker Siddique Road, P.O. Box: 5501, 2nd Floor, Warba Centre, Deira, Dubai, ARE
Alliance Insurance PSC is a provider of short term and long term insurance services to individuals, corporations and government bodies. The company is organized into two business segments: Property and liability insurance (general insurance) segment that comprises of property, motor, aviation, marine, fire, engineering, medical, and general accidents; and Insurance of persons and fund accumulation operations (life assurance) segment. Majority of the revenue for the company is generated from its General insurance segment.