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Baloise Holding AG (Baloise Holding AG) Cyclically Adjusted PB Ratio : 1.10 (As of Apr. 28, 2024)


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What is Baloise Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Baloise Holding AG's current share price is $15.83. Baloise Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $14.45. Baloise Holding AG's Cyclically Adjusted PB Ratio for today is 1.10.

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

BLHEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.29   Max: 1.71
Current: 1.13

During the past 13 years, Baloise Holding AG's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.98. And the median was 1.29.

BLHEY's Cyclically Adjusted PB Ratio is ranked better than
50.36% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs BLHEY: 1.13

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.

Baloise Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was $8.275. 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 $14.45 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baloise Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baloise Holding AG'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.

Baloise Holding AG Cyclically Adjusted PB Ratio Chart

Baloise Holding AG 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 1.53 1.31 1.21 1.15 1.07

Baloise Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.21 - 1.15 - 1.07

Competitive Comparison of Baloise Holding AG's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Baloise Holding AG'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.


Baloise Holding AG's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Baloise Holding AG 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.

Baloise Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.83/14.45
=1.10

* 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.

Baloise Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Baloise Holding AG'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)
=8.275/106.4611*106.4611
=8.275

Current CPI (Dec23) = 106.4611.

Baloise Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 12.647 100.704 13.370
201512 11.702 99.386 12.535
201612 11.857 99.380 12.702
201712 13.544 100.213 14.388
201812 12.922 100.906 13.633
201912 14.997 101.063 15.798
202012 17.450 100.241 18.533
202112 10.029 101.776 10.491
202212 8.077 104.666 8.216
202312 8.275 106.461 8.275

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.


Baloise Holding AG  (OTCPK:BLHEY) 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.


Baloise Holding AG Cyclically Adjusted PB Ratio Related Terms

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Baloise Holding AG (Baloise Holding AG) Business Description

Address
Aeschengraben 21, Basel, CHE, CH-4002
Baloise Holding AG is a diversified insurance company that operates multiple segments, including Nonlife, Life, Asset Management & Banking, and Other activities. Most of the company's revenue is generated in Switzerland, followed by Belgium and Germany. The company's strategy centers on a customer-oriented focus. The company considers merger and acquisition investment as a component of its operational growth strategy.

Baloise Holding AG (Baloise Holding AG) Headlines

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