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Reinsurance Group of America (FRA:RGPB) Cyclically Adjusted PB Ratio : 1.16 (As of May. 25, 2025)


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What is Reinsurance Group of America Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Reinsurance Group of America's current share price is €177.00. Reinsurance Group of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €153.11. Reinsurance Group of America's Cyclically Adjusted PB Ratio for today is 1.16.

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

FRA:RGPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.26   Max: 1.86
Current: 1.18

During the past years, Reinsurance Group of America's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.53. And the median was 1.26.

FRA:RGPB's Cyclically Adjusted PB Ratio is ranked better than
51.98% of 404 companies
in the Insurance industry
Industry Median: 1.215 vs FRA:RGPB: 1.18

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.

Reinsurance Group of America's adjusted book value per share data for the three months ended in Mar. 2025 was €159.593. 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 €153.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinsurance Group of America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America Cyclically Adjusted PB Ratio Chart

Reinsurance Group of America 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 0.92 0.75 0.93 1.02 1.28

Reinsurance Group of America 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 1.19 1.25 1.32 1.28 1.16

Competitive Comparison of Reinsurance Group of America's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Reinsurance Group of America's Cyclically Adjusted PB Ratio falls into.


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Reinsurance Group of America 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.

Reinsurance Group of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=177.00/153.11
=1.16

* 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.

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

For example, Reinsurance Group of America'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)
=159.593/134.9266*134.9266
=159.593

Current CPI (Mar. 2025) = 134.9266.

Reinsurance Group of America Quarterly Data

Book Value per Share CPI Adj_Book
201506 86.968 100.684 116.546
201509 84.576 100.392 113.671
201512 86.378 99.792 116.789
201603 94.178 100.470 126.476
201606 105.303 101.688 139.723
201609 110.927 101.861 146.936
201612 104.571 101.863 138.514
201703 107.747 102.862 141.334
201706 110.003 103.349 143.614
201709 105.541 104.136 136.748
201712 125.462 104.011 162.753
201803 113.244 105.290 145.120
201806 115.640 106.317 146.759
201809 116.797 106.507 147.963
201812 118.247 105.998 150.519
201903 136.832 107.251 172.142
201906 151.016 108.070 188.546
201909 167.125 108.329 208.158
201912 166.638 108.420 207.378
202003 136.544 108.902 169.175
202006 164.082 108.767 203.545
202009 165.134 109.815 202.896
202012 173.600 109.897 213.139
202103 149.380 111.754 180.354
202106 164.103 114.631 193.157
202109 162.016 115.734 188.883
202112 171.464 117.630 196.677
202203 124.459 121.301 138.439
202206 82.435 125.017 88.969
202209 55.210 125.227 59.487
202212 100.253 125.222 108.023
202303 107.044 127.348 113.414
202306 108.802 128.729 114.040
202309 114.693 129.860 119.168
202312 126.900 129.419 132.300
202403 132.403 131.776 135.568
202406 137.294 132.554 139.752
202409 152.214 133.029 154.385
202412 156.808 133.157 158.892
202503 159.593 134.927 159.593

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.


Reinsurance Group of America  (FRA:RGPB) 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.


Reinsurance Group of America Cyclically Adjusted PB Ratio Related Terms

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


Reinsurance Group of America Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia, and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.

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