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Lifenet Insurance Co (TSE:7157) Cyclically Adjusted Book per Share : 円376.06 (As of Mar. 2024)


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What is Lifenet Insurance Co 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.

Lifenet Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was 円1,131.920. 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 円376.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lifenet Insurance Co's average Cyclically Adjusted Book Growth Rate was 30.40% 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 (2024-06-08), Lifenet Insurance Co's current stock price is 円1498.00. Lifenet Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円376.06. Lifenet Insurance Co's Cyclically Adjusted PB Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lifenet Insurance Co was 4.81. The lowest was 1.70. And the median was 3.40.


Lifenet Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lifenet Insurance Co'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.

Lifenet Insurance Co Cyclically Adjusted Book per Share Chart

Lifenet Insurance Co 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 - - 295.28 288.47 376.06

Lifenet Insurance Co 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 288.47 308.44 335.53 355.68 376.06

Competitive Comparison of Lifenet Insurance Co's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Lifenet Insurance Co'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.


Lifenet Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Lifenet Insurance Co 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, Lifenet Insurance Co'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)
=1131.92/107.2000*107.2000
=1,131.920

Current CPI (Mar. 2024) = 107.2000.

Lifenet Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 315.021 98.000 344.594
201409 307.931 98.500 335.129
201412 304.209 97.900 333.107
201503 296.076 97.900 324.202
201506 307.524 98.400 335.026
201509 306.348 98.500 333.406
201512 306.129 98.100 334.526
201603 307.384 97.900 336.584
201606 309.138 98.100 337.814
201609 305.132 98.000 333.777
201612 295.923 98.400 322.388
201703 266.771 98.100 291.517
201706 268.980 98.500 292.738
201709 266.556 98.800 289.219
201712 268.785 99.400 289.877
201803 261.746 99.200 282.855
201806 261.785 99.200 282.897
201809 256.447 99.900 275.186
201812 240.590 99.700 258.689
201903 230.150 99.700 247.463
201906 225.574 99.800 242.300
201909 210.218 100.100 225.129
201912 201.927 100.500 215.389
202003 183.021 100.300 195.612
202006 174.279 99.900 187.014
202009 289.331 99.900 310.473
202012 282.777 99.300 305.274
202103 260.778 99.900 279.834
202106 248.247 99.500 267.458
202109 349.971 100.100 374.794
202112 344.621 100.100 369.065
202203 316.751 101.100 335.863
202206 294.922 101.800 310.566
202209 267.422 103.100 278.057
202212 241.854 104.100 249.056
202303 223.328 104.400 229.318
202306 1,118.287 105.200 1,139.547
202309 1,084.162 106.200 1,094.371
202312 1,116.038 106.800 1,120.218
202403 1,131.920 107.200 1,131.920

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


Lifenet Insurance Co  (TSE:7157) 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.

Lifenet Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1498.00/376.06
=3.98

* 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 Lifenet Insurance Co was 4.81. The lowest was 1.70. And the median was 3.40.


Be Aware

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


Lifenet Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Lifenet Insurance Co (TSE:7157) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-14-2 KojiMachi, Kojimachi NK Building 5 Floor, Chiyoda-Ku, Tokyo, JPN, 102-0083
Lifenet Insurance Co is a Japan-based company engaged in the life insurance business. Primarily, it is involved in the underwriting of insurance and asset management. The company's products include Periodic death insurance, Lifetime medical insurance, Cancer insurance, and Unemployment insurance. Additionally, it markets its insurance products and services directly to customers through the internet.

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