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SiriusPoint (SiriusPoint) Cyclically Adjusted PB Ratio : 0.72 (As of Apr. 27, 2024)


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What is SiriusPoint Cyclically Adjusted PB Ratio?

As of today (2024-04-27), SiriusPoint's current share price is $12.08. SiriusPoint's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.73. SiriusPoint's Cyclically Adjusted PB Ratio for today is 0.72.

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

SPNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.53   Max: 0.76
Current: 0.71

During the past years, SiriusPoint's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.27. And the median was 0.53.

SPNT's Cyclically Adjusted PB Ratio is ranked better than
73.61% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs SPNT: 0.71

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.

SiriusPoint's adjusted book value per share data for the three months ended in Dec. 2023 was $13.763. 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 $16.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SiriusPoint Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SiriusPoint'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.

SiriusPoint Cyclically Adjusted PB Ratio Chart

SiriusPoint 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 - - 0.52 0.36 0.69

SiriusPoint 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 0.36 0.49 0.54 0.60 0.69

Competitive Comparison of SiriusPoint's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


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

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

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



SiriusPoint 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.08/16.73
=0.72

* 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.

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

For example, SiriusPoint'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)
=13.763/129.4194*129.4194
=13.763

Current CPI (Dec. 2023) = 129.4194.

SiriusPoint Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.795 99.695 17.908
201406 14.117 100.560 18.168
201409 14.076 100.428 18.139
201412 13.897 99.070 18.154
201503 14.325 99.621 18.610
201506 14.497 100.684 18.634
201509 12.659 100.392 16.319
201512 13.081 99.792 16.965
201603 12.534 100.470 16.145
201606 13.066 101.688 16.629
201609 13.697 101.861 17.403
201612 13.358 101.863 16.972
201703 14.301 102.862 17.993
201706 15.053 103.349 18.850
201709 15.586 104.136 19.370
201712 16.035 104.011 19.952
201803 15.721 105.290 19.324
201806 15.977 106.317 19.449
201809 16.013 106.507 19.458
201812 12.864 105.998 15.706
201903 14.199 107.251 17.134
201906 14.851 108.070 17.785
201909 14.684 108.329 17.543
201912 15.007 108.420 17.914
202003 12.982 108.902 15.428
202006 14.299 108.767 17.014
202009 14.977 109.815 17.651
202012 16.362 109.897 19.269
202103 14.871 111.754 17.222
202106 15.314 114.631 17.290
202109 15.054 115.734 16.834
202112 14.227 117.630 15.653
202203 12.895 121.301 13.758
202206 12.464 125.017 12.903
202209 11.610 125.227 11.999
202212 11.560 125.222 11.948
202303 12.543 127.348 12.747
202306 12.591 128.729 12.659
202309 12.419 129.860 12.377
202312 13.763 129.419 13.763

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.


SiriusPoint  (NYSE:SPNT) 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.


SiriusPoint Cyclically Adjusted PB Ratio Related Terms

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


SiriusPoint (SiriusPoint) Business Description

Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
Executives
Wei Han Tan director SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe director THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud director 1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb director THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs officer: CEO, SiriusPoint International POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall officer: Chief Financial Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan director, officer: Chief Executive Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull officer: Chief Risk Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy officer: EVP, Underwriting THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan officer: Chief Accounting Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang officer: Chief Investment Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08

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