GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China United Insurance Service Inc (OTCPK:CUII) » Definitions » Cyclically Adjusted PB Ratio

China United Insurance Service (China United Insurance Service) Cyclically Adjusted PB Ratio : 0.00 (As of May. 22, 2024)


View and export this data going back to 2012. Start your Free Trial

What is China United Insurance Service Cyclically Adjusted PB Ratio?

As of today (2024-05-22), China United Insurance Service's current share price is $0.0001. China United Insurance Service's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.87. China United Insurance Service's Cyclically Adjusted PB Ratio for today is 0.00.

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

CUII's Cyclically Adjusted PB Ratio is not ranked *
in the Insurance industry.
Industry Median: 1.195
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

China United Insurance Service's adjusted book value per share data for the three months ended in Mar. 2023 was $1.507. 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 $0.87 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China United Insurance Service Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China United Insurance Service'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.

China United Insurance Service Cyclically Adjusted PB Ratio Chart

China United Insurance Service Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.83 2.26 2.20

China United Insurance Service Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.65 4.54 2.27 2.20 1.76

Competitive Comparison of China United Insurance Service's Cyclically Adjusted PB Ratio

For the Insurance Brokers subindustry, China United Insurance Service'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.


China United Insurance Service's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where China United Insurance Service's Cyclically Adjusted PB Ratio falls into.



China United Insurance Service 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.

China United Insurance Service's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0001/0.87
=0.00

* 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.

China United Insurance Service's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, China United Insurance Service's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.507/127.3478*127.3478
=1.507

Current CPI (Mar. 2023) = 127.3478.

China United Insurance Service Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.337 98.518 0.436
201309 0.119 98.790 0.153
201312 0.000 98.326 0.000
201403 0.301 99.695 0.384
201406 0.291 100.560 0.369
201409 0.262 100.428 0.332
201412 0.255 99.070 0.328
201503 0.364 99.621 0.465
201506 0.386 100.684 0.488
201509 0.352 100.392 0.447
201512 0.396 99.792 0.505
201603 0.380 100.470 0.482
201606 0.428 101.688 0.536
201609 0.463 101.861 0.579
201612 0.426 101.863 0.533
201703 0.567 102.862 0.702
201706 0.636 103.349 0.784
201709 0.682 104.136 0.834
201712 0.713 104.011 0.873
201803 0.745 105.290 0.901
201806 0.736 106.317 0.882
201809 0.739 106.507 0.884
201812 0.767 105.998 0.921
201903 0.828 107.251 0.983
201906 0.839 108.070 0.989
201909 0.879 108.329 1.033
201912 0.892 108.420 1.048
202003 0.862 108.902 1.008
202006 0.913 108.767 1.069
202009 1.031 109.815 1.196
202012 1.041 109.897 1.206
202103 1.095 111.754 1.248
202106 1.175 114.631 1.305
202109 1.320 115.734 1.452
202112 1.280 117.630 1.386
202203 1.308 121.301 1.373
202206 1.283 125.017 1.307
202209 1.361 125.227 1.384
202212 1.431 125.222 1.455
202303 1.507 127.348 1.507

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.


China United Insurance Service  (OTCPK:CUII) 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.


China United Insurance Service Cyclically Adjusted PB Ratio Related Terms

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


China United Insurance Service (China United Insurance Service) Business Description

Traded in Other Exchanges
N/A
Address
Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 10595
China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates most of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.
Executives
Chuwan Hau Li director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mei-kuan Yeh officer: Chief Financial Officer 331 SECTION 3, NAN-KING EAST ROAD, 7TH FLOOR, TAIPEI F5 10595
Yung Chi Chuang officer: Chief Financial Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lee Shu Fen director, 10 percent owner 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mao Yi Hsiao director, 10 percent owner, officer: Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsu Wen Yuan officer: Chief Marketing Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsieh Tung Chi officer: Chief Operating Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chen Kuie Chiao director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Li Fu Chang director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chiang Te Yun officer: Chief Technology Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lo Chung Mei officer: Former Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000

China United Insurance Service (China United Insurance Service) Headlines

No Headlines