GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (NYSE:AIG) » Definitions » Cyclically Adjusted Book per Share

AIG (American International Group) Cyclically Adjusted Book per Share : $85.76 (As of Dec. 2024)


View and export this data going back to 1984. Start your Free Trial

What is American International Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

American International Group's adjusted book value per share for the three months ended in Dec. 2024 was $70.148. 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 $85.76 for the trailing ten years ended in Dec. 2024.

During the past 12 months, American International Group's average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of American International Group was 14.60% per year. The lowest was -32.40% per year. And the median was 4.80% per year.

As of today (2025-04-25), American International Group's current stock price is $82.45. American International Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $85.76. American International Group's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.98. The lowest was 0.17. And the median was 0.57.


American International Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for American International Group's Cyclically Adjusted Book per Share 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.

American International Group Cyclically Adjusted Book per Share Chart

American International Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.08 83.23 86.39 86.45 85.76

American International Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share 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 86.45 87.26 86.99 86.53 85.76

Competitive Comparison of American International Group's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, American International Group'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.


American International Group's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

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

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


;
;

American International Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, American International Group's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=70.148/133.1571*133.1571
=70.148

Current CPI (Dec. 2024) = 133.1571.

American International Group Quarterly Data

Book Value per Share CPI Adj_Book
201503 80.158 99.621 107.142
201506 79.742 100.684 105.461
201509 79.403 100.392 105.318
201512 75.096 99.792 100.204
201603 78.283 100.470 103.751
201606 83.076 101.688 108.785
201609 85.017 101.861 111.138
201612 76.658 101.863 100.209
201703 78.589 102.862 101.735
201706 81.617 103.349 105.157
201709 80.620 104.136 103.088
201712 72.489 104.011 92.802
201803 69.949 105.290 88.463
201806 68.655 106.317 85.987
201809 66.225 106.507 82.796
201812 65.036 105.998 81.700
201903 69.334 107.251 86.082
201906 73.634 108.070 90.728
201909 74.853 108.329 92.008
201912 74.931 108.420 92.027
202003 69.301 108.902 84.736
202006 71.682 108.767 87.756
202009 73.856 109.815 89.555
202012 76.463 109.897 92.647
202103 72.371 111.754 86.231
202106 76.729 114.631 89.129
202109 77.026 115.734 88.622
202112 79.971 117.630 90.528
202203 69.910 121.301 76.743
202206 58.791 125.017 62.619
202209 52.225 125.227 55.532
202212 55.147 125.222 58.642
202303 59.536 127.348 62.252
202306 58.491 128.729 60.503
202309 56.061 129.860 57.485
202312 65.133 129.419 67.014
202403 64.655 131.776 65.333
202406 68.391 132.554 68.702
202409 71.458 133.029 71.527
202412 70.148 133.157 70.148

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


American International Group  (NYSE:AIG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

American International Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.45/85.76
=0.96

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of American International Group was 0.98. The lowest was 0.17. And the median was 0.57.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


American International Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of American International Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


American International Group Business Description

Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a minority stake.
Executives
John G Rice director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Peter Zaffino officer: President and Global COO AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Edward Lee Dandridge officer: EVP, Chief Marketing & Comms C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Kathleen Carbone officer: VP & Chief Accounting Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Vanessa Ames Wittman director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Paola Bergamaschi director 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Luciana Fato officer: EVP and General Counsel AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Thomas Allen Bolt officer: EVP and Chief Risk Officer C/O AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
John P Repko officer: EVP and Chief Info. Officer AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Hunter Constance officer: EVP, Head of Strategy & ESG 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Glazer Rose Marie E. officer: EVP, CHRO & Corp Secretary 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Kevin T. Hogan officer: EVP - Life & Retirement 180 MAIDEN LANE, NEW YORK NY 10038
Sabra R. Purtill officer: EVP and Chief Risk Officer 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Claude E. Wade officer: EVP, Hd of Ops & Chief Dig Off 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304