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Aerojet Rocketdyne Holdings (Aerojet Rocketdyne Holdings) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2023)


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What is Aerojet Rocketdyne Holdings 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.

Aerojet Rocketdyne Holdings's adjusted book value per share for the three months ended in Mar. 2023 was $6.983. 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 $0.00 for the trailing ten years ended in Mar. 2023.

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.

As of today (2024-05-05), Aerojet Rocketdyne Holdings's current stock price is $57.99. Aerojet Rocketdyne Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.00. Aerojet Rocketdyne Holdings's Cyclically Adjusted PB Ratio of today is .


Aerojet Rocketdyne Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aerojet Rocketdyne Holdings'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.

Aerojet Rocketdyne Holdings Cyclically Adjusted Book per Share Chart

Aerojet Rocketdyne Holdings Annual Data
Trend Nov13 Nov14 Nov15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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Aerojet Rocketdyne Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Aerojet Rocketdyne Holdings's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Aerojet Rocketdyne 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.


Aerojet Rocketdyne Holdings's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerojet Rocketdyne Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aerojet Rocketdyne Holdings 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, Aerojet Rocketdyne Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=6.983/127.3478*127.3478
=6.983

Current CPI (Mar. 2023) = 127.3478.

Aerojet Rocketdyne Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201305 -6.219 98.282 -8.058
201308 -2.389 98.675 -3.083
201311 0.831 98.334 1.076
201402 0.801 99.057 1.030
201405 -0.863 100.373 -1.095
201408 -0.852 100.352 -1.081
201411 -3.056 99.635 -3.906
201502 -2.076 99.032 -2.670
201505 -1.560 100.333 -1.980
201508 -1.704 100.548 -2.158
201511 -2.313 100.135 -2.942
201603 -1.965 100.470 -2.491
201606 -1.709 101.688 -2.140
201609 -0.933 101.861 -1.166
201612 0.514 101.863 0.643
201703 1.210 102.862 1.498
201706 1.701 103.349 2.096
201709 2.056 104.136 2.514
201712 1.391 104.011 1.703
201803 2.293 105.290 2.773
201806 2.978 106.317 3.567
201809 5.161 106.507 6.171
201812 5.486 105.998 6.591
201903 6.047 107.251 7.180
201906 6.757 108.070 7.962
201909 7.331 108.329 8.618
201912 7.461 108.420 8.764
202003 7.948 108.902 9.294
202006 8.651 108.767 10.129
202009 9.159 109.815 10.621
202012 3.040 109.897 3.523
202103 3.480 111.754 3.966
202106 4.249 114.631 4.720
202109 4.998 115.734 5.500
202112 6.533 117.630 7.073
202203 6.848 121.301 7.189
202206 7.149 125.017 7.282
202209 6.531 125.227 6.642
202212 6.708 125.222 6.822
202303 6.983 127.348 6.983

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


Aerojet Rocketdyne Holdings  (NYSE:AJRD) 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.


Be Aware

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


Aerojet Rocketdyne Holdings Cyclically Adjusted Book per Share Related Terms

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


Aerojet Rocketdyne Holdings (Aerojet Rocketdyne Holdings) Business Description

Traded in Other Exchanges
N/A
Address
222 N. Pacific Coast Highway, Suite 500, El Segundo, CA, USA, 90245
Aerojet Rocketdyne Holdings Inc manufactures aerospace and defense products and systems. It produces driving and launch systems for defense and space applications, weapons, and weapons systems for tactical missions. The systems can provide directional control for rockets, satellites, missiles, and other technical products. It operates in two segments: aerospace and defense, and real estate. The company manufactures its aerospace and defense products for the U.S. government, the National Aeronautics and Space Administration, aerospace and defense prime contractors, and portions of the commercial sector. The real estate segment focuses on rezoning, entitlement, sale, and leasing of real estate assets. The company's excess real estate is primarily located in California.
Executives
Joseph E. Chontos officer: See Remarks 222 N. PACIFIC COAST HIGHWAY, SEGUNDO CA 90245
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Lance W Lord director 1110 TRUMPETERS COURT, MONUMENT CO 80132
Eileen P. Drake director, officer: CEO and President C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Deborah L James director 1710 SAIC DRIVE, MCLEAN VA 22102
Gail Baker director C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE SUITE 1000, ARLINGTON VA 22202
Daniel L. Boehle officer: CFO, VP and Controller C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Warren G Lichtenstein director, officer: Executive Chairman C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Arjun Kampani officer: VP, Gen Counsel and Secretary C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
John D. Schumacher officer: SVP, Washington Operations C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Amy L Gowder officer: Chief Operating Officer AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. PACIFIC COAST HIGHWAY, SUITE 500, EL SEGUNDO CA 90245
Audrey A. Mcniff director C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. PACIFIC COAST HIGHWAY, SUITE 500, EL SEGUNDO CA 90245
Thomas A Corcoran director 3790 VIA DE LA VALLE, SUITE 311, DEL MAR CA 92014
Martin Turchin director CB RICHARD ELLIS, 200 PARK AVENUE, NEW YOK NY 10166