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Indara Insurance PCL (BKK:INSURE) Cyclically Adjusted Book per Share : ฿40.87 (As of Mar. 2024)


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What is Indara Insurance PCL Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Indara Insurance PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿122.689. 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 ฿40.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indara Insurance PCL's average Cyclically Adjusted Book Growth Rate was 32.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Indara Insurance PCL was 23.70% per year. The lowest was -2.10% per year. And the median was 5.40% per year.

As of today (2024-06-08), Indara Insurance PCL's current stock price is ฿97.50. Indara Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿40.87. Indara Insurance PCL's Cyclically Adjusted PB Ratio of today is 2.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indara Insurance PCL was 17.01. The lowest was 0.97. And the median was 1.91.


Indara Insurance PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Indara Insurance PCL's Cyclically Adjusted Book per Share 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.

Indara Insurance PCL Cyclically Adjusted Book per Share Chart

Indara Insurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.50 19.87 20.04 28.43 37.62

Indara Insurance PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 30.77 33.05 35.46 37.62 40.87

Competitive Comparison of Indara Insurance PCL's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Indara Insurance PCL'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.


Indara Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Indara Insurance PCL Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Indara Insurance PCL'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)
=122.689/131.7762*131.7762
=122.689

Current CPI (Mar. 2024) = 131.7762.

Indara Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.432 100.560 17.602
201409 13.758 100.428 18.053
201412 12.616 99.070 16.781
201503 13.998 99.621 18.516
201506 19.528 100.684 25.558
201509 21.474 100.392 28.187
201512 20.719 99.792 27.360
201603 20.953 100.470 27.482
201606 20.879 101.688 27.057
201609 20.044 101.861 25.931
201612 21.520 101.863 27.840
201703 21.809 102.862 27.939
201706 21.075 103.349 26.872
201709 20.674 104.136 26.161
201712 22.337 104.011 28.300
201803 21.521 105.290 26.935
201806 21.239 106.317 26.325
201809 20.275 106.507 25.085
201812 17.518 105.998 21.778
201903 17.160 107.251 21.084
201906 17.581 108.070 21.438
201909 17.541 108.329 21.338
201912 17.069 108.420 20.746
202003 15.954 108.902 19.305
202006 16.637 108.767 20.156
202009 16.020 109.815 19.224
202012 15.288 109.897 18.332
202103 14.764 111.754 17.409
202106 14.764 114.631 16.972
202109 15.379 115.734 17.511
202112 17.066 117.630 19.118
202203 81.639 121.301 88.689
202206 91.279 125.017 96.214
202209 94.704 125.227 99.657
202212 92.271 125.222 97.101
202303 99.334 127.348 102.788
202306 101.452 128.729 103.854
202309 106.463 129.860 108.034
202312 111.363 129.419 113.391
202403 122.689 131.776 122.689

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Indara Insurance PCL  (BKK:INSURE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Indara Insurance PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=97.50/40.87
=2.39

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indara Insurance PCL was 17.01. The lowest was 0.97. And the median was 1.91.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Indara Insurance PCL Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Indara Insurance PCL's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Indara Insurance PCL (BKK:INSURE) Business Description

Traded in Other Exchanges
N/A
Address
364/29 Sri Ayuthaya Road, Phayathai Sub-district, Ratchathewi District, Bangkok, THA, 10400
Indara Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The company operates five business segments: Fire; Marine and transportation; Motor; Personal accident and Miscellaneous. The company operates in Thailand only.

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