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La Positiva Seguros y Reaseguros (LIM:POSITIC1) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is La Positiva Seguros y Reaseguros Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


La Positiva Seguros y Reaseguros Cyclically Adjusted PB Ratio Historical Data

The historical data trend for La Positiva Seguros y Reaseguros'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.

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La Positiva Seguros y Reaseguros Cyclically Adjusted PB Ratio Chart

La Positiva Seguros y Reaseguros Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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La Positiva Seguros y Reaseguros Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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Competitive Comparison of La Positiva Seguros y Reaseguros's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, La Positiva Seguros y Reaseguros'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.


La Positiva Seguros y Reaseguros's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, La Positiva Seguros y Reaseguros's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where La Positiva Seguros y Reaseguros's Cyclically Adjusted PB Ratio falls into.



La Positiva Seguros y Reaseguros 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.

La Positiva Seguros y Reaseguros's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec17 is calculated as:

For example, La Positiva Seguros y Reaseguros's adjusted Book Value per Share data for the fiscal year that ended in Dec17 was:

Adj_Book=Book Value per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=0.866/104.0111*104.0111
=0.866

Current CPI (Dec17) = 104.0111.

La Positiva Seguros y Reaseguros Annual Data

Book Value per Share CPI Adj_Book
200812 0.443 88.697 0.519
200912 0.525 91.111 0.599
201012 0.842 92.474 0.947
201112 0.584 95.213 0.638
201212 0.509 96.871 0.547
201312 0.519 98.326 0.549
201412 0.540 99.070 0.567
201512 0.556 99.792 0.580
201612 0.703 101.863 0.718
201712 0.866 104.011 0.866

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.


La Positiva Seguros y Reaseguros  (LIM:POSITIC1) 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.


La Positiva Seguros y Reaseguros Cyclically Adjusted PB Ratio Related Terms

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La Positiva Seguros y Reaseguros (LIM:POSITIC1) Business Description

Traded in Other Exchanges
N/A
Address
Calle Francisco Masias 370, San Isidro, Lima, PER
La Positiva Seguros y Reaseguros SA is an insurance company. It offers accident, health, life, retirement, home, travel, micro and affinity, and vehicles and SOAT insurance products for individuals. The company also provides property, fire, profit losing, electronic equipment, machinery break, theft and assault, business, employee dishonesty, liability, agricultural, and occupational risk insurance products for companies.

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