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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Cyclically Adjusted PB Ratio : 0.74 (As of May. 26, 2024)


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What is Warba Insurance and Reinsurance Co KSCP Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Warba Insurance and Reinsurance Co KSCP's current share price is KWD0.14. Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.19. Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio for today is 0.74.

The historical rank and industry rank for Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:WINSRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.56   Max: 0.76
Current: 0.74

During the past years, Warba Insurance and Reinsurance Co KSCP's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.50. And the median was 0.56.

KUW:WINSRE's Cyclically Adjusted PB Ratio is ranked better than
71.7% of 417 companies
in the Insurance industry
Industry Median: 1.18 vs KUW:WINSRE: 0.74

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.

Warba Insurance and Reinsurance Co KSCP's adjusted book value per share data for the three months ended in Mar. 2024 was KWD0.164. 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 KWD0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warba Insurance and Reinsurance Co KSCP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP Cyclically Adjusted PB Ratio Chart

Warba Insurance and Reinsurance Co KSCP 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 - - - - 0.53

Warba Insurance and Reinsurance Co KSCP 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 - - 0.52 0.53 0.63

Competitive Comparison of Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Warba Insurance and Reinsurance Co KSCP'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.


Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio falls into.



Warba Insurance and Reinsurance Co KSCP 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.

Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.14/0.19
=0.74

* 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.

Warba Insurance and Reinsurance Co KSCP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Warba Insurance and Reinsurance Co KSCP'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)
=0.164/131.7762*131.7762
=0.164

Current CPI (Mar. 2024) = 131.7762.

Warba Insurance and Reinsurance Co KSCP Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.171 97.633 0.231
201212 0.183 96.871 0.249
201312 0.191 98.326 0.256
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.191 99.070 0.254
201506 0.191 100.684 0.250
201509 0.186 100.392 0.244
201512 0.156 99.792 0.206
201609 0.178 101.861 0.230
201612 0.140 101.863 0.181
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.170 104.136 0.215
201712 0.136 104.011 0.172
201803 0.132 105.290 0.165
201806 0.143 106.317 0.177
201809 0.145 106.507 0.179
201812 0.148 105.998 0.184
201903 0.159 107.251 0.195
201906 0.156 108.070 0.190
201909 0.156 108.329 0.190
201912 0.157 108.420 0.191
202003 0.152 108.902 0.184
202006 0.139 108.767 0.168
202009 0.143 109.815 0.172
202012 0.149 109.897 0.179
202103 0.156 111.754 0.184
202106 0.161 114.631 0.185
202109 0.160 115.734 0.182
202112 0.152 117.630 0.170
202203 0.170 121.301 0.185
202206 0.162 125.017 0.171
202209 0.153 125.227 0.161
202212 0.152 125.222 0.160
202303 0.162 127.348 0.168
202306 0.133 128.729 0.136
202309 0.131 129.860 0.133
202312 0.150 129.419 0.153
202403 0.164 131.776 0.164

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.


Warba Insurance and Reinsurance Co KSCP  (KUW:WINSRE) 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.


Warba Insurance and Reinsurance Co KSCP Cyclically Adjusted PB Ratio Related Terms

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


Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103
Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Headlines

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