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Assicurazioni Generali (XSWX:ASG) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Assicurazioni Generali Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assicurazioni Generali Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Assicurazioni Generali'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.

Assicurazioni Generali Cyclically Adjusted PB Ratio Chart

Assicurazioni Generali 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 1.01 1.24 1.00 1.13

Assicurazioni Generali Quarterly Data
Mar16 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 1.00 1.11 - 1.13 -

Competitive Comparison of Assicurazioni Generali's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Assicurazioni Generali'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.


Assicurazioni Generali's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Assicurazioni Generali 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.

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

For example, Assicurazioni Generali'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)
=17.512/119.7000*119.7000
=17.512

Current CPI (Dec. 2023) = 119.7000.

Assicurazioni Generali Quarterly Data

Book Value per Share CPI Adj_Book
201012 14.548 93.755 18.574
201103 14.820 94.791 18.714
201106 13.538 95.442 16.979
201109 12.403 96.000 15.465
201112 12.095 96.837 14.951
201203 14.094 97.954 17.223
201206 13.537 98.605 16.433
201209 15.085 99.070 18.226
201212 14.919 99.070 18.026
201303 14.940 99.535 17.967
201306 14.729 99.814 17.663
201309 15.399 100.000 18.433
201312 15.550 99.721 18.665
201403 0.000 99.907 0.000
201406 17.300 100.093 20.689
201409 17.483 99.814 20.966
201412 17.927 99.721 21.519
201503 17.779 99.814 21.321
201506 15.649 100.279 18.680
201509 15.962 100.000 19.107
201512 16.411 99.814 19.681
201603 17.494 99.600 21.024
201606 17.156 99.900 20.556
201612 16.924 100.300 20.197
201706 16.513 101.100 19.551
201712 18.783 101.200 22.217
201806 17.461 102.400 20.411
201812 17.019 102.300 19.914
201906 19.250 103.100 22.349
201912 19.728 102.800 22.971
202006 17.842 102.900 20.755
202012 20.675 102.600 24.121
202106 19.733 104.200 22.668
202112 19.370 106.600 21.750
202206 12.381 112.500 13.173
202209 0.000 114.200 0.000
202212 10.117 119.000 10.177
202306 16.478 119.700 16.478
202309 0.000 120.300 0.000
202312 17.512 119.700 17.512

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.


Assicurazioni Generali  (XSWX:ASG) 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.


Assicurazioni Generali Cyclically Adjusted PB Ratio Related Terms

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Assicurazioni Generali (XSWX:ASG) Business Description

Address
Piazza Duca degli Abruzzi, 2, Trieste, ITA, 34132
The roots of Generali date back to the 1830s and the Bora wind and rough seas that hit the Trieste region. Over that decade Generali sought to expand throughout Italy, but this growth was held back by the fragmented nature of Italy. The Italian Revolution in the 1840s paved the way for easier expansion in the country. After the First World War Trieste was eventually handed back to Italy. The dissolution of the Austro-Hungarian Empire created a fragmented Europe and a fragmented Generali. While to this day Generali remains quite a diversified company, its core operations remain in historical Austro-Hungarian countries of Italy, Germany, Austria, and Central and Eastern Europe. This is the case in Generali's nonlife business. France is also an important contributor to life and savings.