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Walaa Cooperative Insurance Co (SAU:8060) Cyclically Adjusted Book per Share : ﷼13.34 (As of Mar. 2024)


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What is Walaa Cooperative Insurance Co 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.

Walaa Cooperative Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼15.381. 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 ﷼13.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Walaa Cooperative Insurance Co's average Cyclically Adjusted Book Growth Rate was 10.80% 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 (2024-05-27), Walaa Cooperative Insurance Co's current stock price is ﷼24.90. Walaa Cooperative Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼13.34. Walaa Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walaa Cooperative Insurance Co was 2.46. The lowest was 1.10. And the median was 1.36.


Walaa Cooperative Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Walaa Cooperative Insurance Co'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.

Walaa Cooperative Insurance Co Cyclically Adjusted Book per Share Chart

Walaa Cooperative Insurance Co 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 - - - 11.64 12.88

Walaa Cooperative 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 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 12.04 12.37 12.69 12.88 13.34

Competitive Comparison of Walaa Cooperative Insurance Co's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Walaa Cooperative 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.


Walaa Cooperative Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Walaa Cooperative Insurance Co's Cyclically Adjusted PB Ratio falls into.



Walaa Cooperative Insurance Co 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, Walaa Cooperative 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)
=15.381/131.7762*131.7762
=15.381

Current CPI (Mar. 2024) = 131.7762.

Walaa Cooperative Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 6.040 98.326 8.095
201409 0.000 100.428 0.000
201412 4.918 99.070 6.542
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 6.016 100.392 7.897
201512 6.111 99.792 8.070
201603 6.333 100.470 8.306
201606 6.948 101.688 9.004
201609 7.461 101.861 9.652
201612 8.248 101.863 10.670
201703 8.807 102.862 11.283
201706 9.486 103.349 12.095
201709 10.348 104.136 13.095
201712 10.780 104.011 13.658
201803 11.617 105.290 14.539
201806 12.319 106.317 15.269
201809 13.888 106.507 17.183
201812 12.663 105.998 15.743
201903 13.248 107.251 16.278
201906 12.026 108.070 14.664
201909 12.063 108.329 14.674
201912 12.624 108.420 15.343
202003 12.144 108.902 14.695
202006 12.785 108.767 15.490
202009 13.631 109.815 16.357
202012 14.159 109.897 16.978
202103 13.808 111.754 16.282
202106 14.071 114.631 16.176
202109 13.436 115.734 15.298
202112 13.689 117.630 15.335
202203 12.086 121.301 13.130
202206 11.875 125.017 12.517
202209 11.641 125.227 12.250
202212 13.126 125.222 13.813
202303 13.411 127.348 13.877
202306 13.866 128.729 14.194
202309 14.333 129.860 14.545
202312 14.913 129.419 15.185
202403 15.381 131.776 15.381

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


Walaa Cooperative Insurance Co  (SAU:8060) 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.

Walaa Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.90/13.34
=1.87

* 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 Walaa Cooperative Insurance Co was 2.46. The lowest was 1.10. And the median was 1.36.


Be Aware

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


Walaa Cooperative Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Walaa Cooperative Insurance Co (SAU:8060) Business Description

Traded in Other Exchanges
N/A
Address
4513, Adh Dhahran Al Khubar Al Janubiyah, Unit No: 8, Al-Khobar, SAU, 34621-8615
Walaa Cooperative Insurance Co is a general insurance company. It is engaged in providing insurance coverage in the areas of medical, motor, marine, fire, engineering, aviation and casualty. Geographically, it operates in the Kingdom of Saudi Arabia. The company carries its business through the product segments of Medical, Motor, Property, Engineering, Protection and savings and Others. Majority of revenue is generated from Medical insurance segment. Medical insurance provides coverage for health insurance.

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