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PT Lippo General Insurance Tbk (ISX:LPGI) Cyclically Adjusted Book per Share : Rp4,029.95 (As of Mar. 2024)


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What is PT Lippo General Insurance Tbk 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.

PT Lippo General Insurance Tbk's adjusted book value per share for the three months ended in Mar. 2024 was Rp2,835.108. 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 Rp4,029.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PT Lippo General Insurance Tbk's average Cyclically Adjusted Book Growth Rate was -1.30% 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.

As of today (2024-05-19), PT Lippo General Insurance Tbk's current stock price is Rp3390.00. PT Lippo General Insurance Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Rp4,029.95. PT Lippo General Insurance Tbk's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT Lippo General Insurance Tbk was 1.59. The lowest was 0.76. And the median was 1.27.


PT Lippo General Insurance Tbk Cyclically Adjusted Book per Share Historical Data

The historical data trend for PT Lippo General Insurance Tbk'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.

PT Lippo General Insurance Tbk Cyclically Adjusted Book per Share Chart

PT Lippo General Insurance Tbk 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 - - - 4,114.68 4,024.54

PT Lippo General Insurance Tbk 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 4,081.03 4,067.86 4,048.68 4,024.54 4,029.95

Competitive Comparison of PT Lippo General Insurance Tbk's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, PT Lippo General Insurance Tbk'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.


PT Lippo General Insurance Tbk's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where PT Lippo General Insurance Tbk's Cyclically Adjusted PB Ratio falls into.



PT Lippo General Insurance Tbk 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, PT Lippo General Insurance Tbk'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)
=2835.108/130.6070*130.6070
=2,835.108

Current CPI (Mar. 2024) = 130.6070.

PT Lippo General Insurance Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,207.910 93.015 5,908.549
201409 4,221.079 94.576 5,829.200
201412 4,408.978 98.819 5,827.230
201503 5,455.403 98.388 7,241.907
201506 4,835.728 99.766 6,330.607
201509 4,421.315 101.037 5,715.302
201512 4,252.415 102.133 5,437.971
201603 4,257.929 102.764 5,411.583
201606 4,010.941 103.212 5,075.529
201609 3,887.772 104.142 4,875.730
201612 3,953.533 105.222 4,907.335
201703 0.000 106.476 0.000
201706 3,898.016 107.722 4,726.152
201709 4,023.683 108.020 4,865.018
201712 3,571.794 109.017 4,279.165
201803 3,544.672 110.097 4,205.029
201806 3,122.078 111.085 3,670.760
201809 3,130.607 111.135 3,679.138
201812 2,932.732 112.430 3,406.881
201903 3,078.746 112.829 3,563.867
201906 0.000 114.730 0.000
201909 2,772.884 114.905 3,151.815
201912 2,828.372 115.486 3,198.704
202003 2,662.639 116.252 2,991.419
202006 2,736.382 116.630 3,064.317
202009 2,617.901 116.397 2,937.510
202012 2,870.265 117.318 3,195.387
202103 2,871.231 117.840 3,182.311
202106 3,541.687 118.184 3,913.977
202109 3,353.163 118.262 3,703.199
202112 2,833.968 119.516 3,096.956
202203 2,978.904 120.948 3,216.796
202206 2,633.733 123.322 2,789.306
202209 2,778.218 125.298 2,895.925
202212 2,433.829 126.098 2,520.864
202303 2,843.087 126.953 2,924.929
202306 2,807.485 127.663 2,872.230
202309 2,798.060 128.151 2,851.676
202312 2,812.482 129.395 2,838.832
202403 2,835.108 130.607 2,835.108

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


PT Lippo General Insurance Tbk  (ISX:LPGI) 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.

PT Lippo General Insurance Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3390.00/4029.95
=0.84

* 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 PT Lippo General Insurance Tbk was 1.59. The lowest was 0.76. And the median was 1.27.


Be Aware

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


PT Lippo General Insurance Tbk Cyclically Adjusted Book per Share Related Terms

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


PT Lippo General Insurance Tbk (ISX:LPGI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav B-12, Gedung Lippo Kuningan Building 27th Floor Unit A & F, Jakarta, IDN, 12940
PT Lippo General Insurance Tbk is a company engaged in the provision of general insurance services. It provides Fire insurance, Motor Vehicle insurance, Marine Cargo insurance, Health insurance, Life and death insurance, and other insurance products. Geographically, the group carries operations in Indonesia in the areas of Jabodetabek, Sumatera, Jawa Timur, Jawa Barat, Jawa Tengah, Makassar, Bali and Balikpapan. It derives key revenue from the Health insurance division.

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