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Sundance Strategies (Sundance Strategies) Cyclically Adjusted PB Ratio : 7.14 (As of May. 17, 2024)


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What is Sundance Strategies Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Sundance Strategies's current share price is $1.00. Sundance Strategies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.14. Sundance Strategies's Cyclically Adjusted PB Ratio for today is 7.14.

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

SUND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 15   Max: 800
Current: 7

During the past years, Sundance Strategies's highest Cyclically Adjusted PB Ratio was 800.00. The lowest was 1.50. And the median was 15.00.

SUND's Cyclically Adjusted PB Ratio is ranked worse than
94.46% of 415 companies
in the Insurance industry
Industry Median: 1.18 vs SUND: 7.00

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.

Sundance Strategies's adjusted book value per share data for the three months ended in Dec. 2023 was $-0.132. 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 $0.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sundance Strategies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sundance Strategies'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.

Sundance Strategies Cyclically Adjusted PB Ratio Chart

Sundance Strategies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.55 10.40 38.60 33.48 2.80

Sundance Strategies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.71 2.80 1.90 3.29 10.53

Competitive Comparison of Sundance Strategies's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Sundance Strategies'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.


Sundance Strategies's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Sundance Strategies 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.

Sundance Strategies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/0.14
=7.14

* 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.

Sundance Strategies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sundance Strategies'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)
=-0.132/129.4194*129.4194
=-0.132

Current CPI (Dec. 2023) = 129.4194.

Sundance Strategies Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.360 99.695 0.467
201406 0.361 100.560 0.465
201409 0.365 100.428 0.470
201412 0.366 99.070 0.478
201503 0.543 99.621 0.705
201506 0.554 100.684 0.712
201509 0.556 100.392 0.717
201512 0.530 99.792 0.687
201603 0.545 100.470 0.702
201606 0.562 101.688 0.715
201609 0.567 101.861 0.720
201612 0.581 101.863 0.738
201703 0.594 102.862 0.747
201706 0.033 103.349 0.041
201709 0.021 104.136 0.026
201712 0.014 104.011 0.017
201803 -0.004 105.290 -0.005
201806 -0.025 106.317 -0.030
201809 -0.031 106.507 -0.038
201812 -0.060 105.998 -0.073
201903 -0.069 107.251 -0.083
201906 -0.079 108.070 -0.095
201909 -0.090 108.329 -0.108
201912 -0.098 108.420 -0.117
202003 -0.098 108.902 -0.116
202006 -0.105 108.767 -0.125
202009 -0.114 109.815 -0.134
202012 -0.106 109.897 -0.125
202103 -0.118 111.754 -0.137
202106 -0.115 114.631 -0.130
202109 -0.121 115.734 -0.135
202112 -0.122 117.630 -0.134
202203 -0.121 121.301 -0.129
202206 -0.129 125.017 -0.134
202209 -0.135 125.227 -0.140
202212 -0.137 125.222 -0.142
202303 -0.146 127.348 -0.148
202306 -0.142 128.729 -0.143
202309 -0.141 129.860 -0.141
202312 -0.132 129.419 -0.132

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.


Sundance Strategies  (OTCPK:SUND) 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.


Sundance Strategies Cyclically Adjusted PB Ratio Related Terms

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


Sundance Strategies (Sundance Strategies) Business Description

Traded in Other Exchanges
N/A
Address
4626 North 300 West, Suite No. 365, Provo, UT, USA, 84604
Sundance Strategies Inc is a specialty financial services company. It is engaged in the business of purchasing or acquiring life insurance policies and residual interests in or financial products tied to life insurance policies and residual interests involving life insurance policies and financial products. The company focuses on the purchase and sale of net insurance benefit contracts (NIB) based on life insurance policies.
Executives
Randall F. Pearson director, officer: President 770 S. PALISADE DR., OREM UT 84097
Kraig Higginson director 2296 NORTH 470 E, PROVO UT 84604
Matthew G. Pearson officer: Chief Operating Officer P.O. BOX 680518, PARK CITY UT 84068
Ty D. Mattingly director, 10 percent owner 22 WEST 620 SOUTH, OREM UT 84058
Glenn S. Dickman director, officer: Secretary 13559 TUSCALEE WAY, DRAPER UT 84020
Mitchell D. Burton 10 percent owner 1343 S. 1100 E., OREM UT 84097
Jonathan Craig Moffitt director, officer: President and CEO 4626 NORTH 300 WEST, SUITE 375, PROVO UT 84604
Del R. Higginson director, officer: CFO, Secretary and Treasurer 11148 NORTH SUNFLOWER DRIVE, HIGHLAND UT 84003
Kelly Trimble 10 percent owner 4685 HIGHLAND DRIVE, SUITE #207, SALT LAKE CITY UT 84117
Mark C Burdge director, 10 percent owner 815 EAST OSMOND LANE, PROVO UT 84604
Howard Abrams director, officer: CEO and CFO
Mark Sansom other: No longer a 10% holder 4061 POWER CIRCLE, SALT LAKE CITY UT 84124
Globe Energy Technologies, Llc 10 percent owner 5055 N. EDGEWOOD DR, PO BOX 222, PROVE UT 84604
Lance Musicant director, 10 percent owner, officer: President,CFO, CEO 5017 WILD BUFFALO AVE, LAS VEGAS NV 89131
Allen Musicant director, 10 percent owner, officer: Vice President 5017 WILD BUFFALO AVE, LAS VEGAS NV 89131