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SBI Life Insurance Company Limited (BOM:540719) Cyclically Adjusted Book per Share : ₹104.49 (As of Mar. 2024)


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What is SBI Life Insurance Company Limited 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.

SBI Life Insurance Company Limited's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹148.867. 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 ₹104.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SBI Life Insurance Company Limited's average Cyclically Adjusted Book Growth Rate was 14.30% 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.

As of today (2024-05-23), SBI Life Insurance Company Limited's current stock price is ₹ 1445.45. SBI Life Insurance Company Limited's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹104.49. SBI Life Insurance Company Limited's Cyclically Adjusted PB Ratio of today is 13.83.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SBI Life Insurance Company Limited was 14.77. The lowest was 12.03. And the median was 13.72.


SBI Life Insurance Company Limited Cyclically Adjusted Book per Share Historical Data

The historical data trend for SBI Life Insurance Company Limited'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.

SBI Life Insurance Company Limited Cyclically Adjusted Book per Share Chart

SBI Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 78.52 91.38 104.49

SBI Life Insurance Company Limited 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 91.38 - - - 104.49

Competitive Comparison of SBI Life Insurance Company Limited's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, SBI Life Insurance Company Limited'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.


SBI Life Insurance Company Limited's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SBI Life Insurance Company Limited's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SBI Life Insurance Company Limited's Cyclically Adjusted PB Ratio falls into.



SBI Life Insurance Company Limited 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, SBI Life Insurance Company Limited's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=148.867/153.0345*153.0345
=148.867

Current CPI (Mar. 2024) = 153.0345.

SBI Life Insurance Company Limited Annual Data

Book Value per Share CPI Adj_Book
201503 40.563 97.163 63.888
201603 47.331 102.518 70.653
201703 55.521 105.196 80.770
201803 65.278 109.786 90.993
201903 75.764 118.202 98.091
202003 87.428 124.705 107.289
202103 103.997 131.771 120.779
202203 116.180 138.822 128.075
202303 130.059 146.865 135.523
202403 148.867 153.035 148.867

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


SBI Life Insurance Company Limited  (BOM:540719) 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.

SBI Life Insurance Company Limited's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1445.45/104.49
=13.83

* 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 12 years, the highest Cyclically Adjusted PB Ratio of SBI Life Insurance Company Limited was 14.77. The lowest was 12.03. And the median was 13.72.


Be Aware

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


SBI Life Insurance Company Limited Cyclically Adjusted Book per Share Related Terms

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


SBI Life Insurance Company Limited (BOM:540719) Business Description

Traded in Other Exchanges
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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