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Sjova-Almennar tryggingar hf (OISE:SJOVA) Cyclically Adjusted PB Ratio : 3.00 (As of Jun. 04, 2025)


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What is Sjova-Almennar tryggingar hf Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Sjova-Almennar tryggingar hf's current share price is kr49.60. Sjova-Almennar tryggingar hf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr16.53. Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio for today is 3.00.

The historical rank and industry rank for Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio or its related term are showing as below:

OISE:SJOVA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 2.43   Max: 3.26
Current: 3.02

During the past years, Sjova-Almennar tryggingar hf's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 2.11. And the median was 2.43.

OISE:SJOVA's Cyclically Adjusted PB Ratio is ranked worse than
86% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs OISE:SJOVA: 3.02

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.

Sjova-Almennar tryggingar hf's adjusted book value per share data for the three months ended in Mar. 2025 was kr18.468. 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 kr16.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sjova-Almennar tryggingar hf Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sjova-Almennar tryggingar hf'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.

Sjova-Almennar tryggingar hf Cyclically Adjusted PB Ratio Chart

Sjova-Almennar tryggingar hf 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 - - 2.30 2.60 2.95

Sjova-Almennar tryggingar hf 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 2.52 2.32 2.55 2.95 2.77

Competitive Comparison of Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Sjova-Almennar tryggingar hf'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.


Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio falls into.


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Sjova-Almennar tryggingar hf 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.

Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.60/16.53
=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.

Sjova-Almennar tryggingar hf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sjova-Almennar tryggingar hf'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)
=18.468/150.3929*150.3929
=18.468

Current CPI (Mar. 2025) = 150.3929.

Sjova-Almennar tryggingar hf Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.538 100.289 14.303
201509 10.421 100.607 15.578
201512 10.424 100.657 15.575
201603 10.199 101.115 15.169
201606 10.363 101.923 15.291
201609 11.230 102.457 16.484
201612 11.597 102.562 17.005
201703 10.280 102.768 15.044
201706 10.520 103.496 15.287
201709 10.728 103.871 15.533
201712 9.166 104.481 13.194
201803 10.232 105.600 14.572
201806 9.566 106.206 13.546
201809 9.640 106.727 13.584
201812 9.025 108.388 12.523
201903 10.265 108.702 14.202
201906 11.337 109.758 15.534
201909 11.455 109.922 15.673
201912 12.002 110.588 16.322
202003 11.720 111.019 15.877
202006 12.801 112.667 17.087
202009 13.797 113.772 18.238
202012 15.935 114.542 20.922
202103 15.555 115.833 20.196
202106 17.703 117.451 22.668
202109 19.225 118.723 24.353
202112 18.730 120.398 23.396
202203 13.625 123.555 16.585
202206 13.067 127.809 15.376
202209 13.034 129.810 15.101
202212 13.944 131.901 15.899
202303 12.834 135.674 14.226
202306 12.616 139.150 13.635
202309 13.669 140.147 14.668
202312 15.142 142.125 16.023
202403 13.823 144.910 14.346
202406 18.270 147.267 18.658
202409 19.183 147.722 19.530
202412 21.490 148.871 21.710
202503 18.468 150.393 18.468

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.


Sjova-Almennar tryggingar hf  (OISE:SJOVA) 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.


Sjova-Almennar tryggingar hf Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sjova-Almennar tryggingar hf's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sjova-Almennar tryggingar hf Business Description

Traded in Other Exchanges
N/A
Address
Kringlunni 5, Reykjavik, ISL, 103
Sjova-Almennar tryggingar hf is an insurance company. It offers motor vehicle insurance, family and home insurance, life and critical illness insurance, medical cost insurance, life & health insurance in iceland. It also provides fire insurance, commercial property insurance, vessel crew insurance, transport cargo insurance, life- and critical illness insurance, and medical cost insurance.

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