GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al-Etihad Cooperative Insurance Co (SAU:8170) » Definitions » Cyclically Adjusted Book per Share

Al-Etihad Cooperative Insurance Co (SAU:8170) Cyclically Adjusted Book per Share : ﷼0.00 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Al-Etihad 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.

Al-Etihad Cooperative Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼15.209. 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 ﷼0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Al-Etihad Cooperative Insurance Co's average Cyclically Adjusted Book Growth Rate was 8.70% 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 (2024-05-28), Al-Etihad Cooperative Insurance Co's current stock price is ﷼20.52. Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼0.00. Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Etihad Cooperative Insurance Co was 2.39. The lowest was 1.31. And the median was 1.65.


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al-Etihad 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.

Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Chart

Al-Etihad 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 - - - 10.40 11.30

Al-Etihad 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 10.69 10.95 11.19 11.30 -

Competitive Comparison of Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Al-Etihad 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.


Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Al-Etihad 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, Al-Etihad 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)
=15.209/131.7762*131.7762
=15.209

Current CPI (Mar. 2024) = 131.7762.

Al-Etihad Cooperative Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 5.315 99.070 7.070
201503 0.000 99.621 0.000
201506 5.903 100.684 7.726
201509 5.710 100.392 7.495
201512 5.611 99.792 7.409
201603 5.585 100.470 7.325
201606 5.752 101.688 7.454
201609 6.268 101.861 8.109
201612 7.375 101.863 9.541
201703 7.871 102.862 10.083
201706 7.372 103.349 9.400
201709 8.507 104.136 10.765
201712 7.918 104.011 10.032
201803 8.521 105.290 10.665
201806 9.047 106.317 11.213
201809 9.599 106.507 11.876
201812 9.642 105.998 11.987
201903 9.957 107.251 12.234
201906 10.229 108.070 12.473
201909 10.392 108.329 12.641
201912 10.616 108.420 12.903
202003 10.675 108.902 12.917
202006 11.462 108.767 13.887
202009 12.200 109.815 14.640
202012 11.309 109.897 13.561
202103 11.699 111.754 13.795
202106 12.171 114.631 13.991
202109 12.455 115.734 14.181
202112 11.616 117.630 13.013
202203 12.489 121.301 13.568
202206 11.895 125.017 12.538
202209 12.416 125.227 13.065
202212 11.925 125.222 12.549
202303 13.035 127.348 13.488
202306 14.137 128.729 14.472
202309 14.318 129.860 14.529
202312 14.925 129.419 15.197
202403 15.209 131.776 15.209

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


Al-Etihad Cooperative Insurance Co  (SAU:8170) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Etihad Cooperative Insurance Co was 2.39. The lowest was 1.31. And the median was 1.65.


Be Aware

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


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Al-Etihad Cooperative Insurance Co (SAU:8170) Business Description

Traded in Other Exchanges
N/A
Address
8514 King Fahad bin Abdulaziz Road, P. O. Box 1022, Al Abdulkarim Tower, Unit No 15, Al-Qashlah District, Dhahran, SAU, 34232-4233
Al-Etihad Cooperative Insurance Co provides insurance and reinsurance services in Saudi Arabia. It offers services through the segments of Medical insurance, Property insurance, Engineering, Motor insurance, General accident, and others. The company principally operates in Saudi Arabia and derives key revenue from the Motor insurance segment.

Al-Etihad Cooperative Insurance Co (SAU:8170) Headlines

No Headlines