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Pakistan Reinsurance Co (KAR:PAKRI) Cyclically Adjusted PB Ratio : 1.16 (As of Dec. 14, 2024)


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What is Pakistan Reinsurance Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Pakistan Reinsurance Co's current share price is ₨16.73. Pakistan Reinsurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₨14.45. Pakistan Reinsurance Co's Cyclically Adjusted PB Ratio for today is 1.16.

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

KAR:PAKRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.61   Max: 1.12
Current: 1.09

During the past years, Pakistan Reinsurance Co's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.44. And the median was 0.61.

KAR:PAKRI's Cyclically Adjusted PB Ratio is ranked better than
60.35% of 396 companies
in the Insurance industry
Industry Median: 1.27 vs KAR:PAKRI: 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.

Pakistan Reinsurance Co's adjusted book value per share data for the three months ended in Sep. 2024 was ₨21.889. 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 ₨14.45 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Reinsurance Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan Reinsurance Co'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.

Pakistan Reinsurance Co Cyclically Adjusted PB Ratio Chart

Pakistan Reinsurance Co 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 - - - 0.56 0.58

Pakistan Reinsurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.46 0.58 1.08 0.76 0.67

Competitive Comparison of Pakistan Reinsurance Co's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, Pakistan Reinsurance Co'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.


Pakistan Reinsurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Pakistan Reinsurance Co 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.

Pakistan Reinsurance Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.73/14.45
=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.

Pakistan Reinsurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Pakistan Reinsurance Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=21.889/133.0289*133.0289
=21.889

Current CPI (Sep. 2024) = 133.0289.

Pakistan Reinsurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.764 99.070 10.425
201503 8.080 99.621 10.790
201506 7.839 100.684 10.357
201509 8.187 100.392 10.849
201512 7.709 99.792 10.277
201603 8.107 100.470 10.734
201606 7.833 101.688 10.247
201609 8.131 101.861 10.619
201612 13.685 101.863 17.872
201703 8.697 102.862 11.248
201706 9.997 103.349 12.868
201709 9.998 104.136 12.772
201712 11.166 104.011 14.281
201803 13.095 105.290 16.545
201806 12.360 106.317 15.465
201809 12.001 106.507 14.989
201812 10.453 105.998 13.119
201903 10.996 107.251 13.639
201906 10.691 108.070 13.160
201909 11.310 108.329 13.889
201912 10.921 108.420 13.400
202003 10.327 108.902 12.615
202006 10.475 108.767 12.812
202009 11.200 109.815 13.568
202012 11.379 109.897 13.774
202103 11.824 111.754 14.075
202106 11.152 114.631 12.942
202109 11.150 115.734 12.816
202112 14.525 117.630 16.427
202203 14.880 121.301 16.319
202206 14.740 125.017 15.685
202209 14.930 125.227 15.860
202212 15.913 125.222 16.905
202303 16.503 127.348 17.239
202306 16.187 128.729 16.728
202309 17.317 129.860 17.740
202312 20.155 129.419 20.717
202403 21.197 131.776 21.399
202406 20.775 132.554 20.849
202409 21.889 133.029 21.889

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.


Pakistan Reinsurance Co  (KAR:PAKRI) 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.


Pakistan Reinsurance Co Cyclically Adjusted PB Ratio Related Terms

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Pakistan Reinsurance Co Business Description

Traded in Other Exchanges
N/A
Address
Lalazar Drive, M.T. Khan Road, PRC Towers, 32-A, P.O. Box: 4777, Karachi, SD, PAK, 74000
Pakistan Reinsurance Co Ltd is engaged in the provision of insurance, reinsurance services, and other insurance-based forms of risk transfer. The company operates through the following business segments: Fire, Marine Cargo, Marine Hull, Accident and Others, Aviation, Engineering, and Treaty. It provides reinsurance protection to the local insurance industry by way of a treaty and facultative businesses.

Pakistan Reinsurance Co Headlines

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