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Enstar Group (FRA:48R) Cyclically Adjusted Book per Share : €214.28 (As of Mar. 2024)


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What is Enstar Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Enstar Group's adjusted book value per share for the three months ended in Mar. 2024 was €321.462. 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 €214.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enstar Group's average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Enstar Group was 16.10% per year. The lowest was 11.50% per year. And the median was 14.75% per year.

As of today (2024-06-05), Enstar Group's current stock price is €284.00. Enstar Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €214.28. Enstar Group's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enstar Group was 2.66. The lowest was 0.85. And the median was 1.67.


Enstar Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enstar Group's Cyclically Adjusted Book per Share 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.

Enstar Group Cyclically Adjusted Book per Share Chart

Enstar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 116.51 156.72 191.03 201.98

Enstar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 191.75 199.58 213.86 201.98 214.28

Competitive Comparison of Enstar Group's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Enstar Group'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.


Enstar Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Enstar Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Enstar Group'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)
=321.462/131.7762*131.7762
=321.462

Current CPI (Mar. 2024) = 131.7762.

Enstar Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 84.387 100.560 110.583
201409 89.496 100.428 117.432
201412 97.236 99.070 129.337
201503 111.904 99.621 148.024
201506 110.879 100.684 145.120
201509 112.674 100.392 147.898
201512 119.940 99.792 158.381
201603 119.852 100.470 157.197
201606 120.626 101.688 156.318
201609 128.193 101.861 165.842
201612 137.115 101.863 177.381
201703 138.159 102.862 176.995
201706 135.948 103.349 173.342
201709 130.682 104.136 165.369
201712 136.559 104.011 173.013
201803 129.463 105.290 162.031
201806 140.423 106.317 174.050
201809 140.076 106.507 173.310
201812 138.917 105.998 172.701
201903 154.896 107.251 190.317
201906 164.953 108.070 201.138
201909 174.391 108.329 212.136
201912 181.234 108.420 220.276
202003 154.090 108.902 186.457
202006 187.531 108.767 227.202
202009 204.292 109.815 245.147
202012 229.421 109.897 275.097
202103 236.552 111.754 278.932
202106 249.966 114.631 287.352
202109 257.519 115.734 293.214
202112 282.299 117.630 316.250
202203 252.019 121.301 273.783
202206 225.166 125.017 237.340
202209 203.905 125.227 214.570
202212 239.595 125.222 252.136
202303 254.752 127.348 263.611
202306 253.558 128.729 259.561
202309 255.245 129.860 259.012
202312 303.219 129.419 308.741
202403 321.462 131.776 321.462

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Enstar Group  (FRA:48R) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Enstar Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=284.00/214.28
=1.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enstar Group was 2.66. The lowest was 0.85. And the median was 1.67.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Enstar Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Enstar Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enstar Group (FRA:48R) Business Description

Industry
Traded in Other Exchanges
Address
22 Queen Street, Windsor Place, 3rd Floor, Hamilton, BMU, HM JX
Enstar Group Ltd is a (re)insurance group that offers capital release solutions through its network of group companies. It seeks to create value by managing (re)insurance companies and portfolios of (re)insurance and other liability business in run-off and striving to generate an attractive risk-adjusted return from its investment portfolio. Its operations through four reportable segments: Run-off, Assumed Life, Investments, and Legacy Underwriting.

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