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Allstate (Allstate) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Allstate Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allstate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allstate'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.

Allstate Cyclically Adjusted PB Ratio Chart

Allstate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.91 1.79 1.90 1.90

Allstate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.52 1.48 1.51 1.90 2.31

Competitive Comparison of Allstate's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Allstate'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.


Allstate's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Allstate 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.

Allstate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allstate'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)
=49.386/131.7762*131.7762
=49.386

Current CPI (Mar. 2024) = 131.7762.

Allstate Quarterly Data

Book Value per Share CPI Adj_Book
201406 47.937 100.560 62.818
201409 47.734 100.428 62.634
201412 48.033 99.070 63.890
201503 48.351 99.621 63.957
201506 47.387 100.684 62.021
201509 46.650 100.392 61.234
201512 46.869 99.792 61.891
201603 48.561 100.470 63.692
201606 49.741 101.688 64.459
201609 51.045 101.861 66.036
201612 50.542 101.863 65.384
201703 52.281 102.862 66.977
201706 53.537 103.349 68.263
201709 55.497 104.136 70.228
201712 57.172 104.011 72.434
201803 58.277 105.290 72.937
201806 58.711 106.317 72.770
201809 60.648 106.507 75.037
201812 55.920 105.998 69.520
201903 63.668 107.251 78.227
201906 66.922 108.070 81.602
201909 68.531 108.329 83.364
201912 70.496 108.420 85.682
202003 65.904 108.902 79.747
202006 74.253 108.767 89.961
202009 75.076 109.815 90.090
202012 83.844 109.897 100.537
202103 73.164 111.754 86.272
202106 77.284 114.631 88.843
202109 73.491 115.734 83.678
202112 68.890 117.630 77.175
202203 68.899 121.301 74.849
202206 53.859 125.017 56.771
202209 52.458 125.227 55.202
202212 46.061 125.222 48.472
202303 46.079 127.348 47.681
202306 40.119 128.729 41.069
202309 37.376 129.860 37.928
202312 46.806 129.419 47.658
202403 49.386 131.776 49.386

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.


Allstate  (NYSE:ALLpH.PFD) 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.


Allstate Cyclically Adjusted PB Ratio Related Terms

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


Allstate (Allstate) Business Description

Address
3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest U.S. property and casualty insurers in the U.S. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 10,000 company agencies.

Allstate (Allstate) Headlines

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