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TransDigm Group (BSP:T1DG34) Cyclically Adjusted Book per Share : R$-5.16 (As of Mar. 2024)


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What is TransDigm 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.

TransDigm Group's adjusted book value per share for the three months ended in Mar. 2024 was R$-5.393. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$-5.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -31.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -48.90% 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 TransDigm Group was -31.80% per year. The lowest was -173.10% per year. And the median was -57.75% per year.

As of today (2024-05-28), TransDigm Group's current stock price is R$140.94. TransDigm Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$-5.16. TransDigm Group's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TransDigm Group was 427.61. The lowest was 24.05. And the median was 55.19.


TransDigm Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for TransDigm 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.

TransDigm Group Cyclically Adjusted Book per Share Chart

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.99 -3.10 -4.44 -4.96

TransDigm Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.56 -4.20 -4.96 - -5.16

Competitive Comparison of TransDigm Group's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, TransDigm 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.


TransDigm Group's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



TransDigm 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, TransDigm Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-5.393/131.7762*131.7762
=-5.393

Current CPI (Mar. 2024) = 131.7762.

TransDigm Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.352 100.560 -1.772
201409 -1.388 100.428 -1.821
201412 -1.471 99.070 -1.957
201503 -1.564 99.621 -2.069
201506 -1.360 100.684 -1.780
201509 -1.510 100.392 -1.982
201512 -1.397 99.792 -1.845
201603 -1.343 100.470 -1.761
201606 -1.039 101.688 -1.346
201609 -0.795 101.861 -1.028
201612 -2.355 101.863 -3.047
201703 -2.452 102.862 -3.141
201706 -2.408 103.349 -3.070
201709 -3.560 104.136 -4.505
201712 -3.287 104.011 -4.164
201803 -2.893 105.290 -3.621
201806 -3.011 106.317 -3.732
201809 -2.818 106.507 -3.487
201812 -2.450 105.998 -3.046
201903 -2.156 107.251 -2.649
201906 -1.912 108.070 -2.331
201909 -4.460 108.329 -5.425
201912 -6.586 108.420 -8.005
202003 -7.612 108.902 -9.211
202006 -8.011 108.767 -9.706
202009 -7.884 109.815 -9.461
202012 -7.018 109.897 -8.415
202103 -7.247 111.754 -8.545
202106 -5.730 114.631 -6.587
202109 -5.577 115.734 -6.350
202112 -5.373 117.630 -6.019
202203 -5.288 121.301 -5.745
202206 -5.541 125.017 -5.841
202209 -7.279 125.227 -7.660
202212 -6.424 125.222 -6.760
202303 -5.506 127.348 -5.697
202306 -4.214 128.729 -4.314
202309 -3.543 129.860 -3.595
202312 0.000 129.419 0.000
202403 -5.393 131.776 -5.393

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


TransDigm Group  (BSP:T1DG34) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TransDigm Group was 427.61. The lowest was 24.05. And the median was 55.19.


Be Aware

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


TransDigm Group Cyclically Adjusted Book per Share Related Terms

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


TransDigm Group (BSP:T1DG34) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

TransDigm Group (BSP:T1DG34) Headlines

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