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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Cyclically Adjusted PB Ratio : 1.61 (As of Jun. 09, 2024)


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What is MS&AD Insurance Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-09), MS&AD Insurance Group Holdings's current share price is $19.874. MS&AD Insurance Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.36. MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio for today is 1.61.

The historical rank and industry rank for MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

MSADF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.88   Max: 1.82
Current: 1.74

During the past years, MS&AD Insurance Group Holdings's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 0.65. And the median was 0.88.

MSADF's Cyclically Adjusted PB Ratio is ranked worse than
73.62% of 417 companies
in the Insurance industry
Industry Median: 1.17 vs MSADF: 1.74

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.

MS&AD Insurance Group Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $16.921. 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 $12.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MS&AD Insurance Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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.

MS&AD Insurance Group Holdings Cyclically Adjusted PB Ratio Chart

MS&AD Insurance Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.76 0.85 0.81 -

MS&AD Insurance Group Holdings 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 0.81 0.98 1.03 1.02 -

Competitive Comparison of MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group Holdings'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.


MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio falls into.



MS&AD Insurance Group Holdings 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.

MS&AD Insurance Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.874/12.36
=1.61

* 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.

MS&AD Insurance Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MS&AD Insurance Group Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.921/106.8000*106.8000
=16.921

Current CPI (Dec. 2023) = 106.8000.

MS&AD Insurance Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.876 95.700 13.253
201406 12.357 98.000 13.467
201409 12.781 98.500 13.858
201412 12.933 97.900 14.109
201503 13.598 97.900 14.834
201506 13.648 98.400 14.813
201509 12.762 98.500 13.837
201512 13.508 98.100 14.706
201603 13.193 97.900 14.392
201606 12.912 98.100 14.057
201609 13.322 98.000 14.518
201612 13.039 98.400 14.152
201703 13.501 98.100 14.698
201706 15.227 98.500 16.510
201709 14.819 98.800 16.019
201712 15.503 99.400 16.657
201803 15.608 99.200 16.804
201806 15.166 99.200 16.328
201809 14.826 99.900 15.850
201812 13.537 99.700 14.501
201903 14.136 99.700 15.143
201906 14.777 99.800 15.813
201909 15.693 100.100 16.743
201912 16.134 100.500 17.145
202003 13.345 100.300 14.210
202006 14.439 99.900 15.436
202009 15.283 99.900 16.339
202012 16.804 99.300 18.073
202103 16.950 99.900 18.121
202106 17.881 99.500 19.193
202109 18.144 100.100 19.358
202112 17.742 100.100 18.930
202203 16.745 101.100 17.689
202206 14.220 101.800 14.918
202209 12.331 103.100 12.774
202212 13.156 104.100 13.497
202303 14.053 104.400 14.376
202306 15.721 105.200 15.960
202309 15.213 106.200 15.299
202312 16.921 106.800 16.921

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.


MS&AD Insurance Group Holdings  (OTCPK:MSADF) 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.


MS&AD Insurance Group Holdings Cyclically Adjusted PB Ratio Related Terms

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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Business Description

Traded in Other Exchanges
Address
Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028
MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.

MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Headlines