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Sampo Oyj (OSTO:SAMPO SDB) Cyclically Adjusted PB Ratio : 1.68 (As of Jun. 01, 2024)


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What is Sampo Oyj Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Sampo Oyj's current share price is kr456.00. Sampo Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr271.68. Sampo Oyj's Cyclically Adjusted PB Ratio for today is 1.68.

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

OSTO:SAMPO SDB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.74   Max: 2.22
Current: 1.72

During the past years, Sampo Oyj's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 1.12. And the median was 1.74.

OSTO:SAMPO SDB's Cyclically Adjusted PB Ratio is ranked worse than
71.39% of 416 companies
in the Insurance industry
Industry Median: 1.17 vs OSTO:SAMPO SDB: 1.72

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.

Sampo Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was kr169.683. 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 kr271.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sampo Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sampo Oyj'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.

Sampo Oyj Cyclically Adjusted PB Ratio Chart

Sampo Oyj 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 1.77 1.54 1.86 1.89 1.67

Sampo Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.66 1.56 1.56 1.67 1.67

Competitive Comparison of Sampo Oyj's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Sampo Oyj'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.


Sampo Oyj's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Sampo Oyj's Cyclically Adjusted PB Ratio falls into.



Sampo Oyj 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.

Sampo Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=456.00/271.68
=1.68

* 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.

Sampo Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sampo Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=169.683/122.3600*122.3600
=169.683

Current CPI (Mar. 2024) = 122.3600.

Sampo Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 170.846 100.147 208.741
201409 177.943 100.726 216.162
201412 183.483 100.229 223.996
201503 191.839 100.120 234.453
201506 182.067 100.030 222.710
201509 182.354 100.130 222.839
201512 188.536 99.990 230.716
201603 192.698 100.080 235.597
201606 180.465 100.390 219.959
201609 195.684 100.540 238.153
201612 207.266 101.020 251.050
201703 213.197 100.910 258.515
201706 200.250 101.140 242.264
201709 215.736 101.320 260.536
201712 229.279 101.510 276.373
201803 235.751 101.730 283.559
201806 221.792 102.320 265.231
201809 234.393 102.600 279.535
201812 229.127 102.710 272.963
201903 242.970 102.870 289.004
201906 223.743 103.360 264.872
201909 217.003 103.540 256.447
201912 224.724 103.650 265.289
202003 215.047 103.490 254.258
202006 209.355 103.320 247.935
202009 219.745 103.710 259.261
202012 209.179 103.890 246.368
202103 223.167 104.870 260.386
202106 217.228 105.360 252.278
202109 227.943 106.290 262.406
202112 240.515 107.490 273.787
202203 241.614 110.950 266.461
202206 190.246 113.570 204.971
202209 186.139 114.920 198.190
202212 205.538 117.320 214.368
202303 212.163 119.750 216.787
202306 191.915 120.690 194.571
202309 159.983 121.280 161.408
202312 161.907 121.540 162.999
202403 169.683 122.360 169.683

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.


Sampo Oyj  (OSTO:SAMPO SDB) 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.


Sampo Oyj Cyclically Adjusted PB Ratio Related Terms

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


Sampo Oyj (OSTO:SAMPO SDB) Business Description

Address
Fabianinkatu 27, Helsinki, FIN, 00100
Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

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