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American International Group (FRA:AINN) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is American International Group Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

American International Group's adjusted book value per share for the three months ended in Mar. 2024 was €57.944. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American International Group's average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.60% 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 American International Group was 14.60% per year. The lowest was -32.40% per year. And the median was 5.25% per year.

As of today (2024-05-03), American International Group's current stock price is €72.80. American International Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. American International Group's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.90. The lowest was 0.09. And the median was 0.45.


American International Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for American International Group'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.

American International Group Cyclically Adjusted Book per Share Chart

American International Group 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 65.51 60.66 73.22 80.97 77.96

American International Group 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 78.90 79.60 82.83 77.96 -

Competitive Comparison of American International Group's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, American International Group'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.


American International Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where American International Group's Cyclically Adjusted PB Ratio falls into.



American International Group 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, American International Group'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)
=57.944/129.4194*129.4194
=57.944

Current CPI (Mar. 2024) = 129.4194.

American International Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 55.724 100.560 71.716
201409 60.023 100.428 77.351
201412 63.008 99.070 82.310
201503 74.066 99.621 96.220
201506 71.050 100.684 91.328
201509 70.748 100.392 91.205
201512 68.938 99.792 89.405
201603 70.298 100.470 90.553
201606 73.938 101.688 94.102
201609 75.750 101.861 96.244
201612 72.671 101.863 92.331
201703 73.481 102.862 92.452
201706 72.639 103.349 90.963
201709 67.640 104.136 84.063
201712 61.253 104.011 76.216
201803 56.729 105.290 69.730
201806 58.768 106.317 71.538
201809 56.755 106.507 68.965
201812 57.167 105.998 69.799
201903 61.360 107.251 74.043
201906 65.166 108.070 78.040
201909 67.966 108.329 81.198
201912 67.438 108.420 80.500
202003 62.717 108.902 74.533
202006 63.653 108.767 75.739
202009 62.704 109.815 73.898
202012 62.852 109.897 74.017
202103 60.791 111.754 70.400
202106 63.685 114.631 71.901
202109 65.472 115.734 73.214
202112 70.774 117.630 77.868
202203 63.479 121.301 67.728
202206 55.616 125.017 57.575
202209 52.747 125.227 54.513
202212 52.059 125.222 53.804
202303 55.606 127.348 56.511
202306 53.988 128.729 54.278
202309 52.529 129.860 52.351
202312 59.727 129.419 59.727
202403 57.944 129.419 57.944

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


American International Group  (FRA:AINN) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.90. The lowest was 0.09. And the median was 0.45.


Be Aware

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


American International Group Cyclically Adjusted Book per Share Related Terms

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


American International Group (FRA:AINN) Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

American International Group (FRA:AINN) Headlines

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