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Trupanion (STU:TPW) Cyclically Adjusted PB Ratio : 5.92 (As of May. 28, 2024)


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What is Trupanion Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Trupanion's current share price is €26.45. Trupanion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.47. Trupanion's Cyclically Adjusted PB Ratio for today is 5.92.

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

STU:TPW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.07   Med: 8.25   Max: 31.53
Current: 5.93

During the past years, Trupanion's highest Cyclically Adjusted PB Ratio was 31.53. The lowest was 4.07. And the median was 8.25.

STU:TPW's Cyclically Adjusted PB Ratio is ranked worse than
93.75% of 416 companies
in the Insurance industry
Industry Median: 1.17 vs STU:TPW: 5.93

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.

Trupanion's adjusted book value per share data for the three months ended in Mar. 2024 was €6.645. 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 €4.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trupanion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trupanion'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.

Trupanion Cyclically Adjusted PB Ratio Chart

Trupanion 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 - - - 14.23 6.62

Trupanion 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 12.27 5.44 7.55 6.62 5.66

Competitive Comparison of Trupanion's Cyclically Adjusted PB Ratio

For the Insurance - Specialty subindustry, Trupanion'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.


Trupanion's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Trupanion 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.

Trupanion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.45/4.47
=5.92

* 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.

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

For example, Trupanion'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)
=6.645/131.7762*131.7762
=6.645

Current CPI (Mar. 2024) = 131.7762.

Trupanion Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.108 100.560 -1.452
201409 1.749 100.428 2.295
201412 1.727 99.070 2.297
201503 1.807 99.621 2.390
201506 1.630 100.684 2.133
201509 1.494 100.392 1.961
201512 1.466 99.792 1.936
201603 1.392 100.470 1.826
201606 1.395 101.688 1.808
201609 1.364 101.861 1.765
201612 1.437 101.863 1.859
201703 1.417 102.862 1.815
201706 1.399 103.349 1.784
201709 1.340 104.136 1.696
201712 1.359 104.011 1.722
201803 1.286 105.290 1.610
201806 3.041 106.317 3.769
201809 3.279 106.507 4.057
201812 3.337 105.998 4.149
201903 3.338 107.251 4.101
201906 3.334 108.070 4.065
201909 3.453 108.329 4.200
201912 3.522 108.420 4.281
202003 3.529 108.902 4.270
202006 3.575 108.767 4.331
202009 3.443 109.815 4.132
202012 7.083 109.897 8.493
202103 7.048 111.754 8.311
202106 6.895 114.631 7.926
202109 6.991 115.734 7.960
202112 7.264 117.630 8.138
202203 7.327 121.301 7.960
202206 7.308 125.017 7.703
202209 7.555 125.227 7.950
202212 7.027 125.222 7.395
202303 6.663 127.348 6.895
202306 6.427 128.729 6.579
202309 6.516 129.860 6.612
202312 6.654 129.419 6.775
202403 6.645 131.776 6.645

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.


Trupanion  (STU:TPW) 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.


Trupanion Cyclically Adjusted PB Ratio Related Terms

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


Trupanion (STU:TPW) Business Description

Industry
Traded in Other Exchanges
Address
6100 4th Avenue South, Suite 400, Seattle, WA, USA, 98108
Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than our subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.

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