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Buruj Cooperative Insurance Co (SAU:8270) Cyclically Adjusted Book per Share : ﷼14.82 (As of Mar. 2024)


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What is Buruj 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.

Buruj Cooperative Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼14.955. 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 ﷼14.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Buruj Cooperative Insurance Co's average Cyclically Adjusted Book Growth Rate was 12.70% 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 (2024-05-31), Buruj Cooperative Insurance Co's current stock price is ﷼19.14. Buruj Cooperative Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼14.82. Buruj Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Buruj Cooperative Insurance Co was 2.48. The lowest was 1.27. And the median was 1.47.


Buruj Cooperative Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Buruj 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.

Buruj Cooperative Insurance Co Cyclically Adjusted Book per Share Chart

Buruj 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 - - 10.97 12.67 14.26

Buruj 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 13.15 13.59 14.00 14.26 14.82

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

For the Insurance - Diversified subindustry, Buruj 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.


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

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

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



Buruj 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, Buruj 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)
=14.955/131.7762*131.7762
=14.955

Current CPI (Mar. 2024) = 131.7762.

Buruj Cooperative Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.966 99.695 3.920
201409 0.000 100.428 0.000
201412 3.829 99.070 5.093
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 7.354 100.392 9.653
201512 7.566 99.792 9.991
201603 7.942 100.470 10.417
201606 8.641 101.688 11.198
201609 8.779 101.861 11.357
201612 10.425 101.863 13.486
201703 11.150 102.862 14.284
201706 11.584 103.349 14.770
201709 12.702 104.136 16.073
201712 13.121 104.011 16.624
201803 13.664 105.290 17.101
201806 14.081 106.317 17.453
201809 14.906 106.507 18.443
201812 14.973 105.998 18.614
201903 15.431 107.251 18.960
201906 15.554 108.070 18.966
201909 15.119 108.329 18.391
201912 14.476 108.420 17.594
202003 13.384 108.902 16.195
202006 14.236 108.767 17.248
202009 14.146 109.815 16.975
202012 14.724 109.897 17.655
202103 14.625 111.754 17.245
202106 15.136 114.631 17.400
202109 14.878 115.734 16.940
202112 14.759 117.630 16.534
202203 13.476 121.301 14.640
202206 12.808 125.017 13.501
202209 12.802 125.227 13.472
202212 14.016 125.222 14.750
202303 13.414 127.348 13.880
202306 14.438 128.729 14.780
202309 14.481 129.860 14.695
202312 14.828 129.419 15.098
202403 14.955 131.776 14.955

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


Buruj Cooperative Insurance Co  (SAU:8270) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.14/14.82
=1.29

* 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 Buruj Cooperative Insurance Co was 2.48. The lowest was 1.27. And the median was 1.47.


Be Aware

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


Buruj Cooperative Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Buruj Cooperative Insurance Co (SAU:8270) Business Description

Traded in Other Exchanges
N/A
Address
Al Thomamah Road, P.O. Box 51855, An Nada, Riyadh, SAU, 11553
Buruj Cooperative Insurance Co is a multi-line insurance company. The objective of the company is to transact cooperative insurance business and related activities in the Kingdom of Saudi Arabia. Its principal lines of business include all classes of general insurance. The company provides insurance in the areas of Motor, Medical, Property and casualty, Marine, and others, of which key revenue is derived from the Motor Insurance. The Company has five reportable operating segments as follows: Motor insurance, Medical products, Property, Marine products and Others which include Engineering products and General Accident.

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