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Insurance House PSC (ADX:IH) Cyclically Adjusted PB Ratio : 0.82 (As of May. 24, 2024)


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What is Insurance House PSC Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Insurance House PSC's current share price is د.إ0.939. Insurance House PSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was د.إ1.15. Insurance House PSC's Cyclically Adjusted PB Ratio for today is 0.82.

The historical rank and industry rank for Insurance House PSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:IH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.79   Max: 0.83
Current: 0.82

During the past years, Insurance House PSC's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.57. And the median was 0.79.

ADX:IH's Cyclically Adjusted PB Ratio is not ranked
in the Insurance industry.
Industry Median: 1.18 vs ADX:IH: 0.82

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.

Insurance House PSC's adjusted book value per share data for the three months ended in Sep. 2023 was د.إ0.304. 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 د.إ1.15 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Insurance House PSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Insurance House PSC's Cyclically Adjusted PB Ratio 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.

Insurance House PSC Cyclically Adjusted PB Ratio Chart

Insurance House PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.65

Insurance House PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 0.82 0.65 0.82 0.82 0.81

Competitive Comparison of Insurance House PSC's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Insurance House PSC'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.


Insurance House PSC's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Insurance House PSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Insurance House PSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.939/1.15
=0.82

* 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.

Insurance House PSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Insurance House PSC'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)
=0.304/129.8595*129.8595
=0.304

Current CPI (Sep. 2023) = 129.8595.

Insurance House PSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.175 98.326 1.552
201403 1.212 99.695 1.579
201406 1.206 100.560 1.557
201409 1.129 100.428 1.460
201412 1.003 99.070 1.315
201503 0.973 99.621 1.268
201506 0.952 100.684 1.228
201509 0.904 100.392 1.169
201512 0.851 99.792 1.107
201603 0.868 100.470 1.122
201606 0.849 101.688 1.084
201609 0.819 101.861 1.044
201612 0.694 101.863 0.885
201703 0.712 102.862 0.899
201706 0.718 103.349 0.902
201709 0.734 104.136 0.915
201712 0.770 104.011 0.961
201803 0.800 105.290 0.987
201806 0.807 106.317 0.986
201809 0.828 106.507 1.010
201812 0.834 105.998 1.022
201903 1.005 107.251 1.217
201906 1.028 108.070 1.235
201909 1.047 108.329 1.255
201912 1.115 108.420 1.335
202003 1.002 108.902 1.195
202006 1.052 108.767 1.256
202009 1.083 109.815 1.281
202012 1.145 109.897 1.353
202103 1.206 111.754 1.401
202106 1.190 114.631 1.348
202109 0.000 115.734 0.000
202112 1.255 117.630 1.385
202203 1.319 121.301 1.412
202206 1.251 125.017 1.299
202209 1.240 125.227 1.286
202212 1.230 125.222 1.276
202303 0.512 127.348 0.522
202306 0.341 128.729 0.344
202309 0.304 129.860 0.304

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


Insurance House PSC  (ADX:IH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Insurance House PSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Insurance House PSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Insurance House PSC (ADX:IH) Business Description

Traded in Other Exchanges
N/A
Address
Finance House Building, Zayed 1st Street, P.O.Box 129921, Khalidiya Area, Abu Dhabi, ARE
Insurance House PSC provides various non-life insurance products in the United Arab Emirates. The products and services offered by the company include accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance and health insurance. The company is organized into two business segments comprising Underwriting of general insurance business and Investments. Underwriting of general insurance business segment incorporates all classes of general insurance, fire, marine, motor, general accident and medical. Investments segment incorporates investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities.

Insurance House PSC (ADX:IH) Headlines