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Arabia Insurance Cooperative Co (SAU:8160) Cyclically Adjusted PB Ratio : 1.43 (As of Dec. 14, 2024)


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What is Arabia Insurance Cooperative Co Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Arabia Insurance Cooperative Co's current share price is ﷼12.84. Arabia Insurance Cooperative Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ﷼9.01. Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio for today is 1.43.

The historical rank and industry rank for Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:8160' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.66   Max: 2.09
Current: 1.42

During the past years, Arabia Insurance Cooperative Co's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 1.31. And the median was 1.66.

SAU:8160's Cyclically Adjusted PB Ratio is ranked worse than
55.81% of 396 companies
in the Insurance industry
Industry Median: 1.27 vs SAU:8160: 1.42

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.

Arabia Insurance Cooperative Co's adjusted book value per share data for the three months ended in Sep. 2024 was ﷼11.258. 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 ﷼9.01 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arabia Insurance Cooperative Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arabia Insurance Cooperative Co'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.

Arabia Insurance Cooperative Co Cyclically Adjusted PB Ratio Chart

Arabia Insurance Cooperative Co 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 - - - 1.32 1.86

Arabia Insurance Cooperative Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.70 1.86 1.91 1.67 1.54

Competitive Comparison of Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Arabia Insurance Cooperative Co'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.


Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio falls into.



Arabia Insurance Cooperative Co 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.

Arabia Insurance Cooperative Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.84/9.01
=1.43

* 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.

Arabia Insurance Cooperative Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Arabia Insurance Cooperative Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.258/133.0289*133.0289
=11.258

Current CPI (Sep. 2024) = 133.0289.

Arabia Insurance Cooperative Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.255 99.070 3.028
201503 2.255 99.621 3.011
201506 5.867 100.684 7.752
201509 1.438 100.392 1.905
201512 5.380 99.792 7.172
201603 5.424 100.470 7.182
201606 5.485 101.688 7.176
201609 8.129 101.861 10.616
201612 8.344 101.863 10.897
201703 8.487 102.862 10.976
201706 8.559 103.349 11.017
201709 8.672 104.136 11.078
201712 8.565 104.011 10.955
201803 8.768 105.290 11.078
201806 8.755 106.317 10.955
201809 8.643 106.507 10.795
201812 8.712 105.998 10.934
201903 8.451 107.251 10.482
201906 8.118 108.070 9.993
201909 7.596 108.329 9.328
201912 7.375 108.420 9.049
202003 7.295 108.902 8.911
202006 7.427 108.767 9.084
202009 7.565 109.815 9.164
202012 7.575 109.897 9.169
202103 7.594 111.754 9.040
202106 7.568 114.631 8.783
202109 7.607 115.734 8.744
202112 8.035 117.630 9.087
202203 7.274 121.301 7.977
202206 7.358 125.017 7.830
202209 7.459 125.227 7.924
202212 4.581 125.222 4.867
202303 9.443 127.348 9.864
202306 9.864 128.729 10.194
202309 10.303 129.860 10.554
202312 10.564 129.419 10.859
202403 10.739 131.776 10.841
202406 10.988 132.554 11.027
202409 11.258 133.029 11.258

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.


Arabia Insurance Cooperative Co  (SAU:8160) 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.


Arabia Insurance Cooperative Co Cyclically Adjusted PB Ratio Related Terms

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


Arabia Insurance Cooperative Co Business Description

Traded in Other Exchanges
N/A
Address
6984 King Abdul Aziz Branch Road, Bin Tami Center, Al Wurud, Riyadh, SAU, 12252-4483
Arabia Insurance Cooperative Co provides insurance and reinsurance activities and services in the Kingdom of Saudi Arabia. The company provides different insurance coverage such as medical insurance, general accident insurance, engineering insurance, motor insurance, property insurance, and marine insurance, among others.

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