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Triumph Group (FRA:TG7) Cyclically Adjusted Book per Share : €8.03 (As of Dec. 2023)


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What is Triumph 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.

Triumph Group's adjusted book value per share for the three months ended in Dec. 2023 was €-7.997. 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 €8.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Triumph Group's average Cyclically Adjusted Book Growth Rate was -40.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -21.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.80% 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 Triumph Group was 9.90% per year. The lowest was -21.20% per year. And the median was 6.10% per year.

As of today (2024-05-14), Triumph Group's current stock price is €13.20. Triumph Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €8.03. Triumph Group's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Triumph Group was 3.15. The lowest was 0.17. And the median was 0.85.


Triumph Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Triumph 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.

Triumph Group Cyclically Adjusted Book per Share Chart

Triumph Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.66 22.96 19.13 17.64 11.97

Triumph Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.92 11.97 10.93 9.76 8.03

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

For the Aerospace & Defense subindustry, Triumph 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.


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

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

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



Triumph 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, Triumph Group'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)
=-7.997/129.4194*129.4194
=-7.997

Current CPI (Dec. 2023) = 129.4194.

Triumph Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 31.658 99.695 41.097
201406 33.685 100.560 43.352
201409 35.963 100.428 46.345
201412 36.497 99.070 47.678
201503 40.052 99.621 52.032
201506 40.037 100.684 51.464
201509 40.792 100.392 52.587
201512 40.344 99.792 52.322
201603 17.020 100.470 21.924
201606 16.858 101.688 21.455
201609 17.374 101.861 22.075
201612 18.762 101.863 23.838
201703 15.965 102.862 20.087
201706 15.301 103.349 19.161
201709 14.467 104.136 17.980
201712 12.736 104.011 15.847
201803 7.356 105.290 9.042
201806 -3.897 106.317 -4.744
201809 -4.096 106.507 -4.977
201812 -4.876 105.998 -5.953
201903 -10.171 107.251 -12.273
201906 -9.874 108.070 -11.825
201909 -10.713 108.329 -12.799
201912 -9.253 108.420 -11.045
202003 -13.634 108.902 -16.203
202006 -17.885 108.767 -21.281
202009 -17.351 109.815 -20.449
202012 -15.996 109.897 -18.838
202103 -10.716 111.754 -12.410
202106 -10.643 114.631 -12.016
202109 -10.906 115.734 -12.196
202112 -11.122 117.630 -12.237
202203 -11.065 121.301 -11.806
202206 -11.734 125.017 -12.147
202209 -10.913 125.227 -11.278
202212 -9.993 125.222 -10.328
202303 -11.382 127.348 -11.567
202306 -9.919 128.729 -9.972
202309 -8.149 129.860 -8.121
202312 -7.997 129.419 -7.997

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


Triumph Group  (FRA:TG7) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.20/8.03
=1.64

* 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 Triumph Group was 3.15. The lowest was 0.17. And the median was 0.85.


Be Aware

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


Triumph Group Cyclically Adjusted Book per Share Related Terms

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


Triumph Group (FRA:TG7) Business Description

Industry
Traded in Other Exchanges
Address
555 E Lancaster Avenue, Suite 400, Radnor, PA, USA, 19087
Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

Triumph Group (FRA:TG7) Headlines

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