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Vaudoise Assurances Holding (XSWX:VAHN) Cyclically Adjusted PB Ratio : 0.63 (As of May. 26, 2024)


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What is Vaudoise Assurances Holding Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Vaudoise Assurances Holding's current share price is CHF437.00. Vaudoise Assurances Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF693.48. Vaudoise Assurances Holding's Cyclically Adjusted PB Ratio for today is 0.63.

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

XSWX:VAHN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.24   Max: 1.87
Current: 0.63

During the past 13 years, Vaudoise Assurances Holding's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.62. And the median was 1.24.

XSWX:VAHN's Cyclically Adjusted PB Ratio is ranked better than
77.94% of 417 companies
in the Insurance industry
Industry Median: 1.18 vs XSWX:VAHN: 0.63

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.

Vaudoise Assurances Holding's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF808.078. 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 CHF693.48 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vaudoise Assurances Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vaudoise Assurances Holding'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.

Vaudoise Assurances Holding Cyclically Adjusted PB Ratio Chart

Vaudoise Assurances Holding 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 1.16 0.89 0.75 0.65 0.63

Vaudoise Assurances Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.75 - 0.65 - 0.63

Competitive Comparison of Vaudoise Assurances Holding's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Vaudoise Assurances Holding'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.


Vaudoise Assurances Holding's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Vaudoise Assurances Holding 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.

Vaudoise Assurances Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=437.00/693.48
=0.63

* 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.

Vaudoise Assurances Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vaudoise Assurances Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=808.078/106.4612*106.4612
=808.078

Current CPI (Dec23) = 106.4612.

Vaudoise Assurances Holding Annual Data

Book Value per Share CPI Adj_Book
201412 497.443 100.704 525.883
201512 522.926 99.386 560.151
201612 558.181 99.380 597.957
201712 589.323 100.213 626.067
201812 605.344 100.906 638.670
201912 696.183 101.063 733.368
202012 724.682 100.241 769.653
202112 837.054 101.776 875.592
202212 785.936 104.666 799.415
202312 808.078 106.461 808.078

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.


Vaudoise Assurances Holding  (XSWX:VAHN) 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.


Vaudoise Assurances Holding Cyclically Adjusted PB Ratio Related Terms

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


Vaudoise Assurances Holding (XSWX:VAHN) Business Description

Traded in Other Exchanges
Address
Place de Milan, Case Postale 120, Lausanne, CHE, 1001
Vaudoise Assurances Holding SA is a Switzerland based company engaged in the provision of life and non-life insurance services. The company, together with its subsidiaries, offers health, accident, fire, and third party, as well as motor and transport insurance products. It primarily serves individuals, small and medium scale businesses, and public sector.

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