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Sampo Oyj (STU:SMP0) Cyclically Adjusted PB Ratio : 1.62 (As of Apr. 29, 2024)


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What is Sampo Oyj Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Sampo Oyj's current share price is €38.16. Sampo Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €23.58. Sampo Oyj's Cyclically Adjusted PB Ratio for today is 1.62.

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

STU:SMP0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.75   Max: 2.22
Current: 1.61

During the past years, Sampo Oyj's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 1.12. And the median was 1.75.

STU:SMP0's Cyclically Adjusted PB Ratio is ranked worse than
65.86% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs STU:SMP0: 1.61

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.

Sampo Oyj's adjusted book value per share data for the three months ended in Dec. 2023 was €14.474. 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 €23.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sampo Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sampo Oyj'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.

Sampo Oyj Cyclically Adjusted PB Ratio Chart

Sampo Oyj 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 1.77 1.54 1.86 1.89 1.68

Sampo Oyj 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 1.89 1.66 1.56 1.56 1.68

Competitive Comparison of Sampo Oyj's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Sampo Oyj'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.


Sampo Oyj's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Sampo Oyj 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.

Sampo Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.16/23.58
=1.62

* 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.

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

For example, Sampo Oyj'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)
=14.474/121.2200*121.2200
=14.474

Current CPI (Dec. 2023) = 121.2200.

Sampo Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.691 100.174 23.828
201406 18.807 100.147 22.764
201409 19.366 100.726 23.306
201412 19.505 100.229 23.590
201503 20.745 100.120 25.117
201506 19.627 100.030 23.785
201509 19.421 100.130 23.512
201512 20.377 99.990 24.703
201603 20.750 100.080 25.133
201606 19.341 100.390 23.354
201609 20.438 100.540 24.642
201612 21.341 101.020 25.608
201703 22.361 100.910 26.862
201706 20.538 101.140 24.616
201709 22.598 101.320 27.036
201712 23.085 101.510 27.567
201803 23.202 101.730 27.647
201806 21.572 102.320 25.557
201809 22.470 102.600 26.548
201812 22.303 102.710 26.322
201903 23.138 102.870 27.265
201906 21.046 103.360 24.683
201909 20.295 103.540 23.760
201912 21.442 103.650 25.077
202003 19.771 103.490 23.158
202006 19.968 103.320 23.427
202009 21.068 103.710 24.625
202012 20.560 103.890 23.990
202103 21.943 104.870 25.364
202106 21.473 105.360 24.705
202109 22.415 106.290 25.564
202112 23.418 107.490 26.409
202203 22.936 110.950 25.059
202206 17.935 113.570 19.143
202209 17.232 114.920 18.177
202212 18.696 117.320 19.318
202303 18.915 119.750 19.147
202306 16.449 120.690 16.521
202309 13.523 121.280 13.516
202312 14.474 121.220 14.474

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.


Sampo Oyj  (STU:SMP0) 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.


Sampo Oyj Cyclically Adjusted PB Ratio Related Terms

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


Sampo Oyj (STU:SMP0) Business Description

Industry
Address
Fabianinkatu 27, Helsinki, FIN, 00100
Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

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