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Adriatic Osiguranje dd (ZAG:JDOS) Cyclically Adjusted Book per Share : €1,280.10 (As of Sep. 2023)


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What is Adriatic Osiguranje dd 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.

Adriatic Osiguranje dd's adjusted book value per share for the three months ended in Sep. 2023 was €1,435.576. 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 €1,280.10 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Adriatic Osiguranje dd's average Cyclically Adjusted Book Growth Rate was 6.30% 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 (2024-06-11), Adriatic Osiguranje dd's current stock price is €436.00. Adriatic Osiguranje dd's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €1,280.10. Adriatic Osiguranje dd's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adriatic Osiguranje dd was 0.62. The lowest was 0.33. And the median was 0.48.


Adriatic Osiguranje dd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adriatic Osiguranje dd'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.

Adriatic Osiguranje dd Cyclically Adjusted Book per Share Chart

Adriatic Osiguranje dd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,124.30 1,210.08

Adriatic Osiguranje dd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,203.98 1,210.08 1,239.46 1,260.80 1,280.10

Competitive Comparison of Adriatic Osiguranje dd's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Adriatic Osiguranje dd'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.


Adriatic Osiguranje dd's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Adriatic Osiguranje dd's Cyclically Adjusted PB Ratio falls into.



Adriatic Osiguranje dd 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, Adriatic Osiguranje dd'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)
=1435.576/129.8595*129.8595
=1,435.576

Current CPI (Sep. 2023) = 129.8595.

Adriatic Osiguranje dd Quarterly Data

Book Value per Share CPI Adj_Book
201312 761.688 98.326 1,005.965
201403 787.624 99.695 1,025.939
201406 809.744 100.560 1,045.679
201409 824.864 100.428 1,066.601
201412 850.536 99.070 1,114.873
201503 872.600 99.621 1,137.464
201506 871.640 100.684 1,124.219
201509 881.512 100.392 1,140.263
201512 885.768 99.792 1,152.647
201603 920.400 100.470 1,189.631
201606 914.264 101.688 1,167.549
201609 944.312 101.861 1,203.875
201612 947.400 101.863 1,207.791
201703 962.936 102.862 1,215.669
201706 1,001.024 103.349 1,257.800
201709 1,017.584 104.136 1,268.951
201712 1,012.360 104.011 1,263.947
201803 1,032.816 105.290 1,273.830
201806 1,075.456 106.317 1,313.604
201809 1,090.480 106.507 1,329.580
201812 1,051.648 105.998 1,288.389
201903 1,076.240 107.251 1,303.117
201906 1,110.552 108.070 1,334.472
201909 1,122.912 108.329 1,346.087
201912 1,165.128 108.420 1,395.525
202003 1,157.416 108.902 1,380.160
202006 1,202.736 108.767 1,435.971
202009 1,229.328 109.815 1,453.718
202012 1,209.952 109.897 1,429.739
202103 1,232.792 111.754 1,432.514
202106 1,273.360 114.631 1,442.518
202109 1,301.704 115.734 1,460.575
202112 1,259.104 117.630 1,390.014
202203 1,269.832 121.301 1,359.426
202206 1,288.768 125.017 1,338.690
202209 1,271.440 125.227 1,318.479
202212 1,246.224 125.222 1,292.379
202303 1,391.856 127.348 1,419.308
202306 1,428.984 128.729 1,441.537
202309 1,435.576 129.860 1,435.576

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


Adriatic Osiguranje dd  (ZAG:JDOS) 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.

Adriatic Osiguranje dd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=436.00/1280.1
=0.34

* 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 Adriatic Osiguranje dd was 0.62. The lowest was 0.33. And the median was 0.48.


Be Aware

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


Adriatic Osiguranje dd Cyclically Adjusted Book per Share Related Terms

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


Adriatic Osiguranje dd (ZAG:JDOS) Business Description

Traded in Other Exchanges
N/A
Address
Listopadska 2, Zagreb, HRV, 10000
Adriatic Osiguranje dd formerly Jadransko Osiguranje dd operates in the insurance industry in Croatia. The company offers property insurance and travel insurance. It specializes in Motor vehicle insurance.

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