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Global United Insurance (XPAE:GUI) Cyclically Adjusted PB Ratio : 1.23 (As of May. 14, 2024)


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What is Global United Insurance Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Global United Insurance's current share price is $2.20. Global United Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.79. Global United Insurance's Cyclically Adjusted PB Ratio for today is 1.23.

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

XPAE:GUI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.25   Max: 1.35
Current: 1.23

During the past years, Global United Insurance's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 1.07. And the median was 1.25.

XPAE:GUI's Cyclically Adjusted PB Ratio is ranked better than
51.09% of 413 companies
in the Insurance industry
Industry Median: 1.18 vs XPAE:GUI: 1.23

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.

Global United Insurance's adjusted book value per share data for the three months ended in Dec. 2023 was $1.924. 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 $1.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global United Insurance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global United Insurance'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.

Global United Insurance Cyclically Adjusted PB Ratio Chart

Global United Insurance 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 - - - 1.31 1.18

Global United Insurance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.31 1.28 1.26 1.22 1.18

Competitive Comparison of Global United Insurance's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Global United Insurance'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.


Global United Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Global United Insurance 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.

Global United Insurance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.20/1.79
=1.23

* 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.

Global United Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Global United Insurance's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.924/129.4194*129.4194
=1.924

Current CPI (Dec. 2023) = 129.4194.

Global United Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.914 100.428 1.178
201412 0.941 99.070 1.229
201503 0.975 99.621 1.267
201506 0.946 100.684 1.216
201509 0.956 100.392 1.232
201512 1.221 99.792 1.583
201603 1.257 100.470 1.619
201606 1.225 101.688 1.559
201609 1.246 101.861 1.583
201612 1.244 101.863 1.581
201703 1.329 102.862 1.672
201706 1.261 103.349 1.579
201709 1.246 104.136 1.549
201712 1.494 104.011 1.859
201803 1.582 105.290 1.945
201806 1.475 106.317 1.796
201809 1.660 106.507 2.017
201812 1.662 105.998 2.029
201903 1.752 107.251 2.114
201906 1.645 108.070 1.970
201909 1.632 108.329 1.950
201912 1.652 108.420 1.972
202003 1.724 108.902 2.049
202006 1.749 108.767 2.081
202009 1.806 109.815 2.128
202012 1.869 109.897 2.201
202103 1.711 111.754 1.981
202106 1.656 114.631 1.870
202109 1.690 115.734 1.890
202112 1.864 117.630 2.051
202203 1.834 121.301 1.957
202206 1.859 125.017 1.924
202209 1.885 125.227 1.948
202212 1.860 125.222 1.922
202303 1.906 127.348 1.937
202306 1.849 128.729 1.859
202309 1.853 129.860 1.847
202312 1.924 129.419 1.924

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.


Global United Insurance  (XPAE:GUI) 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.


Global United Insurance Cyclically Adjusted PB Ratio Related Terms

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


Global United Insurance (XPAE:GUI) Business Description

Traded in Other Exchanges
N/A
Address
Al-Bireh, Nablus Street, United International Insurance Building, Ramallah, PSE
Global United Insurance is engaged in insurance, reinsurance, insurance, and compensation business. It offers personal accident insurance, fire insurance, marine insurance, Life Insurance, Motor insurance, engineering insurance, and Other general insurance, and the majority of the revenue comes from Motor Insurance.

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