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Sompo Holdings (Sompo Holdings) Cyclically Adjusted Book per Share : $6.25 (As of Dec. 2023)


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What is Sompo Holdings 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.

Sompo Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $9.006. 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 $6.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sompo Holdings's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Sompo Holdings was 8.40% per year. The lowest was 8.40% per year. And the median was 8.40% per year.

As of today (2024-06-06), Sompo Holdings's current stock price is $10.53. Sompo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.25. Sompo Holdings's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sompo Holdings was 1.89. The lowest was 0.81. And the median was 1.18.


Sompo Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sompo Holdings'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.

Sompo Holdings Cyclically Adjusted Book per Share Chart

Sompo Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 6.02 6.10 6.21 -

Sompo Holdings 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 6.21 5.82 5.75 6.25 -

Competitive Comparison of Sompo Holdings's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.


Sompo Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Sompo Holdings 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, Sompo Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.006/106.8000*106.8000
=9.006

Current CPI (Dec. 2023) = 106.8000.

Sompo Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.480 95.700 6.116
201406 5.629 98.000 6.134
201409 5.820 98.500 6.310
201412 5.889 97.900 6.424
201503 6.185 97.900 6.747
201506 6.033 98.400 6.548
201509 5.647 98.500 6.123
201512 5.971 98.100 6.501
201603 6.004 97.900 6.550
201606 6.052 98.100 6.589
201609 6.361 98.000 6.932
201612 6.392 98.400 6.938
201703 6.768 98.100 7.368
201706 7.054 98.500 7.648
201709 7.165 98.800 7.745
201712 7.843 99.400 8.427
201803 7.799 99.200 8.397
201806 7.415 99.200 7.983
201809 7.336 99.900 7.843
201812 6.790 99.700 7.274
201903 7.081 99.700 7.585
201906 7.230 99.800 7.737
201909 7.315 100.100 7.805
201912 7.508 100.500 7.979
202003 6.792 100.300 7.232
202006 7.004 99.900 7.488
202009 7.552 99.900 8.074
202012 8.553 99.300 9.199
202103 8.721 99.900 9.323
202106 9.021 99.500 9.683
202109 9.284 100.100 9.905
202112 8.803 100.100 9.392
202203 8.322 101.100 8.791
202206 7.042 101.800 7.388
202209 6.334 103.100 6.561
202212 6.490 104.100 6.658
202303 6.942 104.400 7.102
202306 8.117 105.200 8.240
202309 8.179 106.200 8.225
202312 9.006 106.800 9.006

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


Sompo Holdings  (OTCPK:SMPNY) 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.

Sompo Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.53/6.25
=1.68

* 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 Sompo Holdings was 1.89. The lowest was 0.81. And the median was 1.18.


Be Aware

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


Sompo Holdings Cyclically Adjusted Book per Share Related Terms

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


Sompo Holdings (Sompo Holdings) Business Description

Industry
Traded in Other Exchanges
Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.

Sompo Holdings (Sompo Holdings) Headlines

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