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American Coastal Insurance (American Coastal Insurance) Cyclically Adjusted PB Ratio : 1.18 (As of May. 17, 2024)


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What is American Coastal Insurance Cyclically Adjusted PB Ratio?

As of today (2024-05-17), American Coastal Insurance's current share price is $13.16. American Coastal Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.14. American Coastal Insurance's Cyclically Adjusted PB Ratio for today is 1.18.

The historical rank and industry rank for American Coastal Insurance's Cyclically Adjusted PB Ratio or its related term are showing as below:

ACIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.82   Max: 2.71
Current: 1.13

During the past years, American Coastal Insurance's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.03. And the median was 0.82.

ACIC's Cyclically Adjusted PB Ratio is ranked better than
52.53% of 415 companies
in the Insurance industry
Industry Median: 1.18 vs ACIC: 1.13

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.

American Coastal Insurance's adjusted book value per share data for the three months ended in Mar. 2024 was $4.268. 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 $11.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Coastal Insurance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Coastal Insurance's Cyclically Adjusted PB Ratio 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.

American Coastal Insurance Cyclically Adjusted PB Ratio Chart

American Coastal Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.56 0.39 0.09 0.85

American Coastal Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.25 0.39 0.65 0.85 0.96

Competitive Comparison of American Coastal Insurance's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, American Coastal Insurance'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.


American Coastal Insurance's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where American Coastal Insurance's Cyclically Adjusted PB Ratio falls into.



American Coastal Insurance Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

American Coastal Insurance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.16/11.14
=1.18

* 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.

American Coastal Insurance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, American Coastal Insurance'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)
=4.268/131.7762*131.7762
=4.268

Current CPI (Mar. 2024) = 131.7762.

American Coastal Insurance Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.848 100.560 11.595
201409 9.164 100.428 12.025
201412 9.747 99.070 12.965
201503 10.142 99.621 13.416
201506 10.194 100.684 13.342
201509 10.553 100.392 13.852
201512 11.114 99.792 14.676
201603 11.354 100.470 14.892
201606 11.974 101.688 15.517
201609 11.988 101.861 15.509
201612 11.148 101.863 14.422
201703 11.373 102.862 14.570
201706 12.388 103.349 15.795
201709 11.727 104.136 14.840
201712 12.563 104.011 15.917
201803 12.518 105.290 15.667
201806 12.721 106.317 15.767
201809 12.325 106.507 15.249
201812 12.103 105.998 15.046
201903 12.523 107.251 15.387
201906 12.535 108.070 15.285
201909 11.931 108.329 14.513
201912 11.693 108.420 14.212
202003 11.305 108.902 13.680
202006 12.266 108.767 14.861
202009 10.537 109.815 12.644
202012 9.187 109.897 11.016
202103 8.321 111.754 9.812
202106 7.850 114.631 9.024
202109 7.416 115.734 8.444
202112 7.203 117.630 8.069
202203 5.964 121.301 6.479
202206 3.855 125.017 4.063
202209 1.858 125.227 1.955
202212 -4.206 125.222 -4.426
202303 1.929 127.348 1.996
202306 2.589 128.729 2.650
202309 2.779 129.860 2.820
202312 3.608 129.419 3.674
202403 4.268 131.776 4.268

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


American Coastal Insurance  (NAS:ACIC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


American Coastal Insurance Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of American Coastal Insurance's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


American Coastal Insurance (American Coastal Insurance) Business Description

Traded in Other Exchanges
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary.
Executives
Patrick Maroney director 800 2ND AVE S, ST PETERSBURG FL 33701
Kern Michael Davis 10 percent owner 6334 BAHAMA SHORES DR, S, ST. PETERSBURG FL 33705
Hood Iii William H. 10 percent owner 3962 TARIAN CT, PALM HARBOR FL 34684
Alec Ii Poitevint director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Christopher Griffith officer: Chief Information Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Kent G Whittemore director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Brad Martz officer: Chief Financial Officer C/O UNITED INSURANCE HOLDINGS CORP., 360 CENTRAL AVE., SUITE 900, ST. PETERSBURG FL 33701
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Michael Hogan director 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577
Gregory C Branch director, 10 percent owner, other: Chairman of the Board 360 CENTRAL AVENUE, SUITE 900, SAINT PETERBURG FL 33701
Brooke Shirazi officer: Chief Underwriting Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
John Scott St officer: Chief Claims Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Brooke Adler officer: Chief Legal Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Alycia Weigley officer: Chief Talent Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
Christian Dittman officer: Chief Risk Officer 800 2ND AVE S, ST PETERSBURG FL 33701

American Coastal Insurance (American Coastal Insurance) Headlines

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