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Kansas City Life Insurance Co (Kansas City Life Insurance Co) Cyclically Adjusted PB Ratio : 0.42 (As of May. 15, 2024)


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What is Kansas City Life Insurance Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Kansas City Life Insurance Co's current share price is $36.00. Kansas City Life Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $85.91. Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio for today is 0.42.

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

KCLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.56   Max: 0.79
Current: 0.42

During the past years, Kansas City Life Insurance Co's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.24. And the median was 0.56.

KCLI's Cyclically Adjusted PB Ratio is ranked better than
87.62% of 412 companies
in the Insurance industry
Industry Median: 1.185 vs KCLI: 0.42

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.

Kansas City Life Insurance Co's adjusted book value per share data for the three months ended in Mar. 2024 was $60.950. 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 $85.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansas City Life Insurance Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kansas City Life Insurance 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.

Kansas City Life Insurance Co Cyclically Adjusted PB Ratio Chart

Kansas City Life Insurance 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 0.45 0.49 0.50 0.30 0.40

Kansas City Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.26 0.27 0.29 0.40 0.43

Competitive Comparison of Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio

For the Insurance - Life subindustry, Kansas City Life Insurance 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.


Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio falls into.



Kansas City Life Insurance 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.

Kansas City Life Insurance Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.00/85.91
=0.42

* 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.

Kansas City Life Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kansas City Life Insurance Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=60.95/129.4194*129.4194
=60.950

Current CPI (Mar. 2024) = 129.4194.

Kansas City Life Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 69.736 100.560 89.750
201409 69.580 100.428 89.666
201412 68.614 99.070 89.634
201503 70.270 99.621 91.289
201506 68.656 100.684 88.251
201509 68.795 100.392 88.687
201512 68.553 99.792 88.905
201603 71.350 100.470 91.908
201606 73.847 101.688 93.986
201609 73.788 101.861 93.751
201612 70.800 101.863 89.953
201703 71.415 102.862 89.853
201706 72.374 103.349 90.631
201709 72.745 104.136 90.407
201712 76.126 104.011 94.722
201803 72.614 105.290 89.255
201806 71.226 106.317 86.703
201809 71.103 106.507 86.399
201812 71.432 105.998 87.216
201903 76.268 107.251 92.033
201906 80.787 108.070 96.747
201909 83.905 108.329 100.240
201912 83.724 108.420 99.940
202003 80.512 108.902 95.681
202006 92.062 108.767 109.542
202009 92.976 109.815 109.574
202012 93.845 109.897 110.516
202103 85.121 111.754 98.576
202106 88.504 114.631 99.921
202109 86.312 115.734 96.518
202112 85.758 117.630 94.353
202203 71.164 121.301 75.927
202206 60.303 125.017 62.427
202209 51.412 125.227 53.133
202212 50.777 125.222 52.479
202303 54.546 127.348 55.433
202306 52.242 128.729 52.522
202309 46.300 129.860 46.143
202312 62.928 129.419 62.928
202403 60.950 129.419 60.950

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.


Kansas City Life Insurance Co  (OTCPK:KCLI) 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.


Kansas City Life Insurance Co Cyclically Adjusted PB Ratio Related Terms

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


Kansas City Life Insurance Co (Kansas City Life Insurance Co) Business Description

Traded in Other Exchanges
N/A
Address
3520 Broadway, Kansas, MO, USA, 64111-2565
Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions, The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue.

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