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Maiden Holdings (Maiden Holdings) Cyclically Adjusted PB Ratio : 0.26 (As of Apr. 27, 2024)


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What is Maiden Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Maiden Holdings's current share price is $2.08. Maiden Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.98. Maiden Holdings's Cyclically Adjusted PB Ratio for today is 0.26.

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

MHLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.23   Max: 0.75
Current: 0.26

During the past years, Maiden Holdings's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.04. And the median was 0.23.

MHLD's Cyclically Adjusted PB Ratio is ranked better than
94.67% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs MHLD: 0.26

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.

Maiden Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $2.480. 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 $7.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maiden Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maiden 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.

Maiden Holdings Cyclically Adjusted PB Ratio Chart

Maiden Holdings 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 0.07 0.25 0.32 0.24 0.29

Maiden Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.24 0.24 0.25 0.21 0.29

Competitive Comparison of Maiden Holdings's Cyclically Adjusted PB Ratio

For the Insurance - Reinsurance subindustry, Maiden 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.


Maiden Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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



Maiden 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.

Maiden Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.08/7.98
=0.26

* 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.

Maiden Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Maiden 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)
=2.48/129.4194*129.4194
=2.480

Current CPI (Dec. 2023) = 129.4194.

Maiden Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.467 99.695 14.886
201406 12.458 100.560 16.033
201409 12.325 100.428 15.883
201412 12.692 99.070 16.580
201503 13.106 99.621 17.026
201506 12.348 100.684 15.872
201509 12.282 100.392 15.833
201512 11.772 99.792 15.267
201603 13.232 100.470 17.045
201606 14.182 101.688 18.050
201609 14.400 101.861 18.296
201612 12.122 101.863 15.401
201703 12.186 102.862 15.332
201706 11.953 103.349 14.968
201709 11.297 104.136 14.040
201712 9.246 104.011 11.505
201803 8.336 105.290 10.246
201806 7.706 106.317 9.381
201809 3.708 106.507 4.506
201812 1.076 105.998 1.314
201903 1.436 107.251 1.733
201906 1.512 108.070 1.811
201909 0.820 108.329 0.980
201912 0.514 108.420 0.614
202003 0.238 108.902 0.283
202006 0.776 108.767 0.923
202009 0.862 109.815 1.016
202012 1.574 109.897 1.854
202103 2.295 111.754 2.658
202106 2.578 114.631 2.911
202109 2.496 115.734 2.791
202112 2.603 117.630 2.864
202203 2.473 121.301 2.639
202206 2.619 125.017 2.711
202209 2.383 125.227 2.463
202212 2.803 125.222 2.897
202303 2.661 127.348 2.704
202306 2.650 128.729 2.664
202309 2.604 129.860 2.595
202312 2.480 129.419 2.480

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.


Maiden Holdings  (NAS:MHLD) 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.


Maiden Holdings Cyclically Adjusted PB Ratio Related Terms

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


Maiden Holdings (Maiden Holdings) Business Description

Traded in Other Exchanges
N/A
Address
94 Pitts Bay Road, Ideation House, 1st Floor, Pembroke, BMU, HM 08
Maiden Holdings Ltd provides reinsurance products and services to regional and specialty property and casualty insurers. The company operates in two segments: AmTrust Reinsurance and Diversified Reinsurance. The AmTrust Reinsurance segment provides products that cover workers' compensation, commercial package, commercial auto, and extended warranty. The Diversified Reinsurance segment provides small and midsize regional and specialty insurers with reinsurance capital products. The company has underwriting operations in Bermuda and the United States, along with business development teams in the United Kingdom, Germany, and other markets.
Executives
Yehuda Neuberger director 6201 15TH AVENUE, BROOKLYN NY 11219
Keith A Thomas director 605 WEST 137TH STREET, APT. 35, NEW YORK NY 10031
Maiden Reinsurance Ltd 10 percent owner 159 BANK STREET, 4TH FLOOR, BURLINGTON VT 05401
Maiden Holdings North America, Ltd. 10 percent owner 6000 MIDLANTIC DRIVE, SUITE 200S, MOUNT LAUREL NJ 08054
Maiden Holdings, Ltd. 10 percent owner 48 PAR-LA-VILLE ROAD, SUITE 1141, HAMILTON D0 -HM 11
Steven Harold Nigro director 445 FIFTH AVENUE, NEW YORK NY 10016
Simcha G Lyons director 225 WEST 83RD STREET, APT 3Q, NEW YORK NY 10024
Claude Leblanc director ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Paul S Giordano director C/O XL CAPITAL LTD, XL HOUSE, ONE BERMUDIANA RD, HAMILTON BERMUDA D0 HMII
Denis M Butkovic officer: SVP, General Counsel & Secty 13 ELLIS COURT, MORGANVILLE X1 07751
Raymond Michael Neff director PO BOX 460, SARASOTA FL 34230
Holly Lynn Blanchard director 1952 COUNTY ROAD C, CERESCO NE 68017
William Jarman officer: SVP & Chief Actuary 224 COUNTRY CLUB DRIVE, MOORESTOWN X1 08057
Michael C Haines officer: SVP - Finance 701 ROUTE 301, P.O. BOX 320, COLD SPRING X1 10516
Karen Schmitt officer: PRESIDENT, MAIDEN RE 6000 MIDLANTIC DRIVE, MT LAUREL NJ 08054