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Protector Forsikring ASA (OSL:PROT) Cyclically Adjusted PB Ratio : 9.79 (As of Jun. 02, 2025)


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What is Protector Forsikring ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Protector Forsikring ASA's current share price is kr404.50. Protector Forsikring ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr41.30. Protector Forsikring ASA's Cyclically Adjusted PB Ratio for today is 9.79.

The historical rank and industry rank for Protector Forsikring ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSL:PROT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 4.49   Max: 9.83
Current: 9.79

During the past years, Protector Forsikring ASA's highest Cyclically Adjusted PB Ratio was 9.83. The lowest was 1.26. And the median was 4.49.

OSL:PROT's Cyclically Adjusted PB Ratio is ranked worse than
96.56% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs OSL:PROT: 9.79

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.

Protector Forsikring ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr70.168. 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 kr41.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Protector Forsikring ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Protector Forsikring ASA'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.

Protector Forsikring ASA Cyclically Adjusted PB Ratio Chart

Protector Forsikring ASA 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 3.06 4.47 4.38 5.27 7.20

Protector Forsikring ASA 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 6.41 6.97 6.37 7.20 8.21

Competitive Comparison of Protector Forsikring ASA's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, Protector Forsikring ASA'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.


Protector Forsikring ASA's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Protector Forsikring ASA's Cyclically Adjusted PB Ratio falls into.


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Protector Forsikring ASA 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.

Protector Forsikring ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=404.50/41.30
=9.79

* 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.

Protector Forsikring ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Protector Forsikring ASA'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)
=70.168/136.1000*136.1000
=70.168

Current CPI (Mar. 2025) = 136.1000.

Protector Forsikring ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 15.493 100.100 21.065
201509 15.838 100.600 21.427
201512 24.372 100.900 32.874
201603 23.474 102.500 31.169
201606 23.809 103.800 31.218
201609 25.361 104.200 33.125
201612 26.327 104.400 34.321
201703 0.000 105.000 0.000
201706 26.900 105.800 34.604
201709 28.245 105.900 36.300
201712 30.076 106.100 38.580
201803 29.869 107.300 37.886
201806 30.438 108.500 38.181
201809 28.197 109.500 35.047
201812 24.870 109.800 30.827
201903 25.864 110.400 31.885
201906 24.316 110.600 29.922
201909 24.200 111.100 29.646
201912 24.698 111.300 30.201
202003 19.936 111.200 24.400
202006 27.256 112.100 33.091
202009 31.440 112.900 37.901
202012 37.008 112.900 44.613
202103 43.557 114.600 51.729
202106 42.289 115.300 49.918
202109 42.096 117.500 48.760
202112 43.487 118.900 49.778
202203 39.944 119.800 45.379
202206 32.283 122.600 35.838
202209 34.404 125.600 37.280
202212 45.663 125.900 49.362
202303 48.365 127.600 51.587
202306 49.070 130.400 51.215
202309 46.368 129.800 48.619
202312 54.937 131.900 56.686
202403 56.013 132.600 57.491
202406 56.885 133.800 57.863
202409 62.987 133.700 64.118
202412 65.995 134.800 66.631
202503 70.168 136.100 70.168

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.


Protector Forsikring ASA  (OSL:PROT) 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.


Protector Forsikring ASA Cyclically Adjusted PB Ratio Related Terms

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


Protector Forsikring ASA Business Description

Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

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