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Dunav Re a.d (XBEL:DNREM) Cyclically Adjusted PB Ratio : 0.19 (As of May. 22, 2024)


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What is Dunav Re a.d Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Dunav Re a.d's current share price is RSD3300.00. Dunav Re a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was RSD17,281.20. Dunav Re a.d's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for Dunav Re a.d's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBEL:DNREM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.19   Max: 1.04
Current: 0.19

During the past 13 years, Dunav Re a.d's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.10. And the median was 0.19.

XBEL:DNREM's Cyclically Adjusted PB Ratio is not ranked
in the Insurance industry.
Industry Median: 1.195 vs XBEL:DNREM: 0.19

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.

Dunav Re a.d's adjusted book value per share data of for the fiscal year that ended in Dec23 was RSD3,354.414. 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 RSD17,281.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dunav Re a.d Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d Cyclically Adjusted PB Ratio Chart

Dunav Re a.d 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 0.73 0.98 0.11 0.11 0.19

Dunav Re a.d Semi-Annual Data
Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 - 0.11 - 0.19

Competitive Comparison of Dunav Re a.d's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, Dunav Re a.d'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.


Dunav Re a.d's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dunav Re a.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dunav Re a.d's Cyclically Adjusted PB Ratio falls into.



Dunav Re a.d 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.

Dunav Re a.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3300.00/17281.2
=0.19

* 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.

Dunav Re a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dunav Re a.d's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3354.414/129.4194*129.4194
=3,354.414

Current CPI (Dec23) = 129.4194.

Dunav Re a.d Annual Data

Book Value per Share CPI Adj_Book
201412 13,928.360 99.070 18,195.271
201512 17,974.959 99.792 23,311.479
201612 18,414.980 101.863 23,396.745
201712 18,278.771 104.011 22,743.992
201812 19,535.349 105.998 23,851.917
201912 20,442.928 108.420 24,402.408
202012 23,589.809 109.897 27,780.417
202112 2,572.039 117.630 2,829.832
202212 2,849.528 125.222 2,945.048
202312 3,354.414 129.419 3,354.414

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.


Dunav Re a.d  (XBEL:DNREM) 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.


Dunav Re a.d Cyclically Adjusted PB Ratio Related Terms

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Dunav Re a.d (XBEL:DNREM) Business Description

Traded in Other Exchanges
N/A
Address
Knez Mihailova 6/II, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.

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