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Airbus SE (XKAZ:AIR_KZ) Cyclically Adjusted Book per Share : ₸5,743.67 (As of Mar. 2024)


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What is Airbus SE 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.

Airbus SE's adjusted book value per share for the three months ended in Mar. 2024 was ₸11,427.297. 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 ₸5,743.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Airbus SE's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Airbus SE was 4.90% per year. The lowest was -3.10% per year. And the median was 0.00% per year.

As of today (2024-06-05), Airbus SE's current stock price is ₸82990.00. Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₸5,743.67. Airbus SE's Cyclically Adjusted PB Ratio of today is 14.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airbus SE was 14.11. The lowest was 4.52. And the median was 9.54.


Airbus SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted Book per Share Chart

Airbus SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5,831.76 5,864.75

Airbus SE 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 5,609.26 5,750.65 6,268.39 5,864.75 5,743.67

Competitive Comparison of Airbus SE's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Airbus SE'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.


Airbus SE's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



Airbus SE 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, Airbus SE'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)
=11427.297/128.5800*128.5800
=11,427.297

Current CPI (Mar. 2024) = 128.5800.

Airbus SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,437.251 99.240 4,453.464
201409 2,522.186 99.960 3,244.324
201412 1,998.726 99.050 2,594.611
201503 664.242 99.750 856.223
201506 1,495.539 100.230 1,918.551
201509 2,452.750 100.500 3,138.056
201512 2,787.861 99.730 3,594.336
201603 3,845.220 100.310 4,928.904
201606 2,951.282 100.260 3,784.918
201609 3,040.046 100.570 3,886.737
201612 1,657.101 100.710 2,115.679
201703 2,444.540 101.440 3,098.570
201706 4,179.329 101.370 5,301.155
201709 5,987.371 102.030 7,545.390
201712 786.761 101.970 992.073
201803 6,178.907 102.470 7,753.331
201806 4,583.100 103.100 5,715.761
201809 5,214.538 103.950 6,450.075
201812 5,321.716 103.970 6,581.382
201903 4,896.385 105.370 5,974.919
201906 4,132.060 105.840 5,019.844
201909 2,601.042 106.700 3,134.414
201912 3,255.000 106.800 3,918.801
202003 1,873.714 106.850 2,254.770
202006 774.298 107.510 926.046
202009 1,203.315 107.880 1,434.207
202012 4,257.085 107.850 5,075.345
202103 4,466.801 108.870 5,275.478
202106 6,068.999 109.670 7,115.454
202109 5,603.064 110.790 6,502.771
202112 5,937.066 114.010 6,695.798
202203 7,407.083 119.460 7,972.566
202206 4,990.727 119.050 5,390.237
202209 3,765.786 126.890 3,815.941
202212 8,146.727 124.940 8,384.074
202303 8,686.062 124.720 8,954.890
202306 9,306.230 125.830 9,509.617
202309 9,439.437 127.160 9,544.848
202312 11,299.014 126.450 11,489.341
202403 11,427.297 128.580 11,427.297

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


Airbus SE  (XKAZ:AIR_KZ) 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.

Airbus SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82990.00/5743.67
=14.45

* 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 Airbus SE was 14.11. The lowest was 4.52. And the median was 9.54.


Be Aware

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


Airbus SE Cyclically Adjusted Book per Share Related Terms

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


Airbus SE (XKAZ:AIR_KZ) Business Description

Industry
Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.

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