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RGA (Reinsurance Group of America) Cyclically Adjusted PB Ratio : 1.21 (As of May. 28, 2025)


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What is Reinsurance Group of America Cyclically Adjusted PB Ratio?

As of today (2025-05-28), Reinsurance Group of America's current share price is $204.36. Reinsurance Group of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $169.37. Reinsurance Group of America's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for Reinsurance Group of America's Cyclically Adjusted PB Ratio or its related term are showing as below:

RGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.26   Max: 1.86
Current: 1.21

During the past years, Reinsurance Group of America's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.53. And the median was 1.26.

RGA's Cyclically Adjusted PB Ratio is ranked better than
51.49% of 404 companies
in the Insurance industry
Industry Median: 1.205 vs RGA: 1.21

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.

Reinsurance Group of America's adjusted book value per share data for the three months ended in Mar. 2025 was $172.533. 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 $169.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinsurance Group of America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Reinsurance Group of America'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.

Reinsurance Group of America Cyclically Adjusted PB Ratio Chart

Reinsurance Group of America 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 0.92 0.75 0.93 1.02 1.28

Reinsurance Group of America 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 1.19 1.25 1.32 1.28 1.16

Competitive Comparison of Reinsurance Group of America's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.


Reinsurance Group of America's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Reinsurance Group of America's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Reinsurance Group of America's Cyclically Adjusted PB Ratio falls into.


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Reinsurance Group of America 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.

Reinsurance Group of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=204.36/169.37
=1.21

* 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.

Reinsurance Group of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Reinsurance Group of America'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)
=172.533/134.9266*134.9266
=172.533

Current CPI (Mar. 2025) = 134.9266.

Reinsurance Group of America Quarterly Data

Book Value per Share CPI Adj_Book
201506 97.607 100.684 130.803
201509 94.923 100.392 127.577
201512 94.094 99.792 127.222
201603 104.876 100.470 140.843
201606 118.318 101.688 156.992
201609 124.497 101.861 164.911
201612 110.307 101.863 146.112
201703 115.238 102.862 151.160
201706 123.599 103.349 161.364
201709 125.794 104.136 162.989
201712 148.475 104.011 192.607
201803 139.635 105.290 178.940
201806 135.094 106.317 171.448
201809 136.286 106.507 172.652
201812 134.524 105.998 171.238
201903 154.613 107.251 194.511
201906 170.640 108.070 213.047
201909 184.059 108.329 229.249
201912 185.154 108.420 230.420
202003 150.878 108.902 186.935
202006 184.777 108.767 229.217
202009 194.504 109.815 238.982
202012 211.192 109.897 259.293
202103 177.833 111.754 214.707
202106 197.715 114.631 232.720
202109 190.607 115.734 222.215
202112 193.744 117.630 222.234
202203 137.069 121.301 152.466
202206 87.140 125.017 94.047
202209 54.664 125.227 58.898
202212 106.200 125.222 114.431
202303 114.608 127.348 121.429
202306 117.879 128.729 123.555
202309 122.404 129.860 127.180
202312 138.386 129.419 144.275
202403 143.917 131.776 147.358
202406 147.787 132.554 150.432
202409 168.939 133.029 171.349
202412 164.197 133.157 166.379
202503 172.533 134.927 172.533

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.


Reinsurance Group of America  (NYSE:RGA) 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.


Reinsurance Group of America Cyclically Adjusted PB Ratio Related Terms

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


Reinsurance Group of America Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia, and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Executives
William L Hutton officer: EVP, General Counsel & Secy. C/O REINSURANCE GROUP OF AMERICA, 1370 TIMBERLAKE MANOR PKY, CHESTERFIELD MO 63017-6039
John W. Hayden officer: EVP, Controller 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Todd C Larson officer: SVP, Controller & Treasurer
Ronald Herrmann officer: EVP 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Bang Michele Mi Kyung director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Khanh T Tran director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Shundrawn A Thomas director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Stephen T O'hearn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Keng Hooi Ng director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Pina Albo director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Patricia Lynn Guinn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John J Gauthier director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Stanley B Tulin director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202