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Wiener Osiguranje Vienna Insurance Group ad (XBLB:SODJ-R-A) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Wiener Osiguranje Vienna Insurance Group ad Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wiener Osiguranje Vienna Insurance Group ad Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wiener Osiguranje Vienna Insurance Group ad'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.

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Wiener Osiguranje Vienna Insurance Group ad Cyclically Adjusted PB Ratio Chart

Wiener Osiguranje Vienna Insurance Group ad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Wiener Osiguranje Vienna Insurance Group ad Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of Wiener Osiguranje Vienna Insurance Group ad's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Wiener Osiguranje Vienna Insurance Group ad'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.


Wiener Osiguranje Vienna Insurance Group ad's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wiener Osiguranje Vienna Insurance Group ad's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Wiener Osiguranje Vienna Insurance Group ad's Cyclically Adjusted PB Ratio falls into.



Wiener Osiguranje Vienna Insurance Group ad 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.

Wiener Osiguranje Vienna Insurance Group ad's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wiener Osiguranje Vienna Insurance Group ad's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=129.623/129.4194*129.4194
=129.623

Current CPI (Dec23) = 129.4194.

Wiener Osiguranje Vienna Insurance Group ad Annual Data

Book Value per Share CPI Adj_Book
201412 68.923 99.070 90.037
201512 120.145 99.792 155.814
201612 93.479 101.863 118.768
201712 107.691 104.011 133.998
201812 167.804 105.998 204.882
201912 197.456 108.420 235.700
202012 177.052 109.897 208.504
202112 166.320 117.630 182.990
202212 143.313 125.222 148.117
202312 129.623 129.419 129.623

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.


Wiener Osiguranje Vienna Insurance Group ad  (XBLB:SODJ-R-A) 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.


Wiener Osiguranje Vienna Insurance Group ad Cyclically Adjusted PB Ratio Related Terms

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


Wiener Osiguranje Vienna Insurance Group ad (XBLB:SODJ-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Kninska 1a, Banja Luka, BIH, 78000
Wiener Osiguranje Vienna Insurance Group ad operates in the insurance industry. The products offered by the company include property insurance, car insurance, health insurance, accident insurance, liability insurance, transport insurance, and agricultural insurance.

Wiener Osiguranje Vienna Insurance Group ad (XBLB:SODJ-R-A) Headlines

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