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Generali (XBUL:ASG) Cyclically Adjusted PB Ratio : 1.56 (As of May. 25, 2025)


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What is Generali Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Generali's current share price is лв27.64. Generali's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was лв17.69. Generali's Cyclically Adjusted PB Ratio for today is 1.56.

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

XBUL:ASG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.89
Current: 1.89

During the past years, Generali's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.00. And the median was 0.00.

XBUL:ASG's Cyclically Adjusted PB Ratio is ranked worse than
71.53% of 404 companies
in the Insurance industry
Industry Median: 1.215 vs XBUL:ASG: 1.89

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.

Generali's adjusted book value per share data for the three months ended in Dec. 2024 was лв36.004. 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 лв17.69 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Generali Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Generali'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.

Generali Cyclically Adjusted PB Ratio Chart

Generali 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 1.01 1.24 1.00 1.13 1.56

Generali Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 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 1.13 - 1.35 1.56 -

Competitive Comparison of Generali's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Generali'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.


Generali's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


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Generali 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.

Generali's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.64/17.69
=1.56

* 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.

Generali's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=36.004/121.2000*121.2000
=36.004

Current CPI (Dec. 2024) = 121.2000.

Generali Quarterly Data

Book Value per Share CPI Adj_Book
201103 27.777 94.791 35.516
201106 27.743 95.442 35.230
201109 24.355 96.000 30.748
201112 22.307 96.837 27.919
201203 26.572 97.954 32.878
201206 24.337 98.605 29.914
201209 27.668 99.070 33.848
201212 27.877 99.070 34.104
201303 27.172 99.535 33.086
201306 27.175 99.814 32.997
201309 28.719 100.000 34.807
201312 29.968 99.721 36.423
201403 0.000 99.907 0.000
201406 33.247 100.093 40.258
201409 32.122 99.814 39.004
201412 31.644 99.721 38.460
201503 31.238 99.814 37.931
201506 28.902 100.279 34.932
201509 28.257 100.000 34.247
201512 28.391 99.814 34.474
201603 30.697 99.600 37.354
201606 30.464 99.900 36.959
201612 28.580 100.300 34.535
201706 29.365 101.100 35.203
201712 32.762 101.200 39.237
201806 30.363 102.400 35.937
201812 29.538 102.300 34.995
201906 33.542 103.100 39.431
201912 34.565 102.800 40.752
202006 32.287 102.900 38.029
202012 40.065 102.600 47.328
202106 37.422 104.200 43.527
202112 36.206 106.600 41.165
202206 21.970 112.500 23.669
202212 31.410 119.000 31.991
202306 32.280 119.700 32.685
202312 35.262 119.700 35.704
202403 0.000 120.200 0.000
202406 35.042 120.700 35.187
202412 36.004 121.200 36.004

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.


Generali  (XBUL:ASG) 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.


Generali Cyclically Adjusted PB Ratio Related Terms

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


Generali Business Description

Industry
Address
Piazza Duca degli Abruzzi, 2, Trieste, ITA, 34132
The roots of Generali date back to the 1830s and the Bora wind and rough seas that hit the Trieste region. Over that decade Generali sought to expand throughout Italy, but this growth was held back by the fragmented nature of Italy. The Italian Revolution in the 1840s paved the way for easier expansion in the country. And after World War One Trieste was eventually handed back to Italy. The dissolution of the Austro-Hungarian Empire created a fragmented Europe and a fragmented Generali. While to this day Generali remains quite a diversified company, its core operations remain in historical Austro-Hungarian countries of Austria, Central and Eastern Europe, Germany, and Italy. This is the case in Generali's nonlife business and France is also an important contributor to life and savings.