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Powszechny Zaklad Ubezpieczen (Powszechny Zaklad Ubezpieczen) Cyclically Adjusted PB Ratio : 1.53 (As of Jun. 22, 2024)


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What is Powszechny Zaklad Ubezpieczen Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Powszechny Zaklad Ubezpieczen's current share price is $12.14. Powszechny Zaklad Ubezpieczen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.92. Powszechny Zaklad Ubezpieczen's Cyclically Adjusted PB Ratio for today is 1.53.

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

PZAKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.54   Max: 2.7
Current: 1.52

During the past years, Powszechny Zaklad Ubezpieczen's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.84. And the median was 1.54.

PZAKY's Cyclically Adjusted PB Ratio is ranked worse than
64.9% of 416 companies
in the Insurance industry
Industry Median: 1.15 vs PZAKY: 1.52

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.

Powszechny Zaklad Ubezpieczen's adjusted book value per share data for the three months ended in Mar. 2024 was $8.965. 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 $7.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powszechny Zaklad Ubezpieczen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Powszechny Zaklad Ubezpieczen'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.

Powszechny Zaklad Ubezpieczen Cyclically Adjusted PB Ratio Chart

Powszechny Zaklad Ubezpieczen 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 1.99 1.47 1.45 1.24 1.51

Powszechny Zaklad Ubezpieczen 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 1.17 1.29 1.35 1.51 1.53

Competitive Comparison of Powszechny Zaklad Ubezpieczen's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Powszechny Zaklad Ubezpieczen'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.


Powszechny Zaklad Ubezpieczen's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Powszechny Zaklad Ubezpieczen's Cyclically Adjusted PB Ratio falls into.



Powszechny Zaklad Ubezpieczen 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.

Powszechny Zaklad Ubezpieczen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.14/7.92
=1.53

* 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.

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

For example, Powszechny Zaklad Ubezpieczen'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)
=8.965/149.0435*149.0435
=8.965

Current CPI (Mar. 2024) = 149.0435.

Powszechny Zaklad Ubezpieczen Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.412 101.180 5.026
201409 3.659 100.611 5.420
201412 3.770 100.122 5.612
201503 4.032 100.041 6.007
201506 3.393 100.448 5.035
201509 3.540 99.634 5.296
201512 3.700 99.471 5.544
201603 5.827 98.983 8.774
201606 5.121 99.552 7.667
201609 5.384 99.064 8.100
201612 5.651 100.366 8.392
201703 6.065 101.018 8.948
201706 5.723 101.180 8.430
201709 6.049 101.343 8.896
201712 6.351 102.564 9.229
201803 6.472 102.564 9.405
201806 5.777 103.378 8.329
201809 6.164 103.378 8.887
201812 6.493 103.785 9.324
201903 6.873 104.274 9.824
201906 6.226 105.983 8.756
201909 6.678 105.983 9.391
201912 7.034 107.123 9.787
202003 7.047 109.076 9.629
202006 7.385 109.402 10.061
202009 7.783 109.320 10.611
202012 8.169 109.565 11.113
202103 5.547 112.658 7.339
202106 4.843 113.960 6.334
202109 4.993 115.588 6.438
202112 6.320 119.088 7.910
202203 4.858 125.031 5.791
202206 4.286 131.705 4.850
202209 4.459 135.531 4.904
202212 7.491 139.113 8.026
202303 7.826 145.950 7.992
202306 7.671 147.009 7.777
202309 8.211 146.113 8.376
202312 8.596 147.741 8.672
202403 8.965 149.044 8.965

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.


Powszechny Zaklad Ubezpieczen  (OTCPK:PZAKY) 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.


Powszechny Zaklad Ubezpieczen Cyclically Adjusted PB Ratio Related Terms

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Powszechny Zaklad Ubezpieczen (Powszechny Zaklad Ubezpieczen) Business Description

Traded in Other Exchanges
Address
Al. Jana Pawla II 24, Warsaw, POL, 00-133
Powszechny Zaklad Ubezpieczen SA is a property and casualty insurance company that operates in the Central and Eastern European region with an emphasis on the Polish market. The company's main strategic objectives include stable financial results, broad growth, and innovation. The vast majority of Powszechny's revenue is generated from gross written premiums, followed by results of its investment activities. The company serves clients through its own agency network along with sales through external agency centers.