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TransDigm Group (TransDigm Group) Cyclically Adjusted Book per Share : $-51.19 (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 $-54.153. 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 $-51.19 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 (2024-05-13), TransDigm Group's current stock price is $1280.56. TransDigm Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-51.19. 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 -12.20 -21.39 -30.48 -41.38 -48.95

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 -45.76 -47.84 -48.95 - -51.19

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)
=-54.153/129.4194*129.4194
=-54.153

Current CPI (Mar. 2024) = 129.4194.

TransDigm Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -30.236 100.560 -38.914
201409 -29.687 100.428 -38.257
201412 -27.838 99.070 -36.366
201503 -24.901 99.621 -32.349
201506 -21.849 100.684 -28.085
201509 -19.341 100.392 -24.933
201512 -17.995 99.792 -23.337
201603 -18.159 100.470 -23.391
201606 -15.174 101.688 -19.312
201609 -12.215 101.861 -15.520
201612 -35.101 101.863 -44.597
201703 -39.197 102.862 -49.317
201706 -36.530 103.349 -45.745
201709 -56.826 104.136 -70.623
201712 -49.876 104.011 -62.060
201803 -44.111 105.290 -54.220
201806 -39.928 106.317 -48.604
201809 -34.294 106.507 -41.672
201812 -31.544 105.998 -38.514
201903 -28.071 107.251 -33.873
201906 -24.794 108.070 -29.692
201909 -54.132 108.329 -64.671
201912 -80.233 108.420 -95.773
202003 -77.893 108.902 -92.569
202006 -77.202 108.767 -91.861
202009 -72.996 109.815 -86.027
202012 -68.210 109.897 -80.327
202103 -64.306 111.754 -74.471
202106 -56.977 114.631 -64.327
202109 -52.821 115.734 -59.067
202112 -47.509 117.630 -52.271
202203 -53.129 121.301 -56.685
202206 -54.890 125.017 -56.823
202209 -69.406 125.227 -71.730
202212 -61.231 125.222 -63.284
202303 -52.858 127.348 -53.718
202306 -43.413 128.729 -43.646
202309 -35.873 129.860 -35.751
202312 0.000 129.419 0.000
202403 -54.153 129.419 -54.153

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


TransDigm Group  (NYSE:TDG) 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 (TransDigm Group) 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.
Executives
Joel Reiss officer: Executive Vice President 1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114
W Nicholas Howley officer: Chief Executive Officer C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114
Michael Lisman officer: Chief Financial Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Robert J Small director
Sean P Hennessy director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Jorge Valladares officer: Pres., Adel Wiggins Group ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Sarah Wynne officer: Corporate Accounting Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Kevin M Stein officer: COO - Power TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Jessica L Warren officer: GC, CCO, Secretary 1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114
Mervin Dunn director COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054
John Staer director C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK
Jane M. Cronin director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Raymond F Laubenthal officer: President and COO TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114
Robert S Henderson officer: Exec.V.P. & Pres., AdelWiggins ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Halle Fine Terrion officer: GC, CCO, Secretary 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114

TransDigm Group (TransDigm Group) Headlines