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Grupo Catalana Occidente (XMAD:GCO) Cyclically Adjusted PB Ratio : 1.22 (As of Apr. 28, 2024)


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What is Grupo Catalana Occidente Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Grupo Catalana Occidente's current share price is €35.75. Grupo Catalana Occidente's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €29.33. Grupo Catalana Occidente's Cyclically Adjusted PB Ratio for today is 1.22.

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

XMAD:GCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.16   Max: 2.08
Current: 1.22

During the past years, Grupo Catalana Occidente's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 0.87. And the median was 1.16.

XMAD:GCO's Cyclically Adjusted PB Ratio is ranked worse than
54% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs XMAD:GCO: 1.22

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.

Grupo Catalana Occidente's adjusted book value per share data for the three months ended in Sep. 2023 was €36.065. 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 €29.33 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Catalana Occidente Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo Catalana Occidente'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.

Grupo Catalana Occidente Cyclically Adjusted PB Ratio Chart

Grupo Catalana Occidente Annual Data
Trend Dec13 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 1.92 1.62 1.41 1.24 1.10

Grupo Catalana Occidente Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.98 1.10 1.05 0.98 1.04

Competitive Comparison of Grupo Catalana Occidente's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Grupo Catalana Occidente'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.


Grupo Catalana Occidente's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Grupo Catalana Occidente 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.

Grupo Catalana Occidente's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.75/29.33
=1.22

* 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.

Grupo Catalana Occidente's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Grupo Catalana Occidente's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=36.065/121.3426*121.3426
=36.065

Current CPI (Sep. 2023) = 121.3426.

Grupo Catalana Occidente Quarterly Data

Book Value per Share CPI Adj_Book
201312 14.627 101.306 17.520
201403 15.969 100.139 19.350
201406 16.609 101.081 19.938
201409 17.547 100.441 21.199
201412 18.366 100.251 22.230
201503 20.868 99.474 25.456
201506 18.724 101.138 22.465
201509 18.665 99.559 22.749
201512 19.490 100.268 23.586
201603 19.809 98.638 24.369
201606 19.967 100.333 24.148
201609 20.793 99.737 25.297
201612 21.479 101.842 25.592
201703 22.269 100.896 26.782
201706 22.279 101.848 26.543
201709 22.753 101.524 27.195
201712 23.331 102.975 27.493
201803 23.762 102.122 28.234
201806 24.038 104.165 28.002
201809 24.736 103.818 28.911
201812 24.294 104.193 28.293
201903 26.501 103.488 31.073
201906 27.707 104.612 32.138
201909 28.986 103.905 33.851
201912 29.491 105.015 34.076
202003 26.416 103.469 30.979
202006 28.454 104.254 33.118
202009 29.006 103.521 34.000
202012 30.341 104.456 35.246
202103 31.631 104.857 36.604
202106 32.193 107.102 36.473
202109 32.526 107.669 36.657
202112 34.553 111.298 37.671
202203 33.752 115.153 35.566
202206 31.983 118.044 32.877
202209 31.479 117.221 32.586
202212 32.048 117.650 33.054
202303 34.455 118.948 35.149
202306 40.181 120.278 40.537
202309 36.065 121.343 36.065

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.


Grupo Catalana Occidente  (XMAD:GCO) 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.


Grupo Catalana Occidente Cyclically Adjusted PB Ratio Related Terms

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


Grupo Catalana Occidente (XMAD:GCO) Business Description

Traded in Other Exchanges
Address
Avenida Alcalde Barnils 63, Sant Cugat del Valles, Barcelona, ESP, 08174
Grupo Catalana Occidente SA is a property and casualty company that operates in the global insurance market, as well as the global credit insurance market. It generates most of its revenue from Spain and other European countries. The company's revenue is generally split between its traditional insurance business and its credit insurance activity. Its traditional insurance business includes residential, commercial, auto, and life insurance products. Grupo's credit insurance business protects companies from the default risk associated with selling products and services on credit.