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Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Cyclically Adjusted PB Ratio : 1.25 (As of May. 05, 2024)


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What is Atlas Air Worldwide Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Atlas Air Worldwide Holdings's current share price is $102.48. Atlas Air Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $82.20. Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio for today is 1.25.

The historical rank and industry rank for Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

AAWW's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.24
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Atlas Air Worldwide Holdings's adjusted book value per share data for the three months ended in Dec. 2022 was $107.377. 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 $82.20 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Air Worldwide Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio 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.

Atlas Air Worldwide Holdings Cyclically Adjusted PB Ratio Chart

Atlas Air Worldwide Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.45 0.84 1.29 1.23

Atlas Air Worldwide Holdings Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cyclically Adjusted PB Ratio 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 1.29 1.13 0.77 1.18 1.23

Competitive Comparison of Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio

For the Airports & Air Services subindustry, Atlas Air Worldwide 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.


Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio falls into.



Atlas Air Worldwide Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.48/82.2
=1.25

* 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.

Atlas Air Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Atlas Air Worldwide Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=107.377/125.2218*125.2218
=107.377

Current CPI (Dec. 2022) = 125.2218.

Atlas Air Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201303 47.967 98.209 61.160
201306 49.303 98.518 62.667
201309 51.176 98.790 64.868
201312 52.630 98.326 67.026
201403 52.644 99.695 66.124
201406 53.672 100.560 66.835
201409 55.317 100.428 68.974
201412 57.151 99.070 72.238
201503 57.858 99.621 72.726
201506 60.491 100.684 75.233
201509 60.393 100.392 75.330
201512 59.025 99.792 74.066
201603 58.670 100.470 73.124
201606 59.685 101.688 73.498
201609 59.337 101.861 72.945
201612 60.652 101.863 74.561
201703 59.846 102.862 72.855
201706 63.062 103.349 76.408
201709 62.301 104.136 74.916
201712 70.767 104.011 85.198
201803 70.119 105.290 83.393
201806 69.446 106.317 81.795
201809 72.363 106.507 85.078
201812 80.810 105.998 95.466
201903 78.720 107.251 91.911
201906 82.274 108.070 95.332
201909 84.790 108.329 98.012
201912 69.274 108.420 80.009
202003 70.150 108.902 80.663
202006 73.859 108.767 85.033
202009 77.182 109.815 88.011
202012 82.186 109.897 93.647
202103 82.160 111.754 92.061
202106 86.032 114.631 93.980
202109 90.414 115.734 97.826
202112 96.158 117.630 102.364
202203 97.356 121.301 100.503
202206 101.147 125.017 101.313
202209 103.396 125.227 103.392
202212 107.377 125.222 107.377

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


Atlas Air Worldwide Holdings  (NAS:AAWW) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Atlas Air Worldwide Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Atlas Air Worldwide Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Westchester Avenue, Purchase, NY, USA, 10577-2543
Atlas Air Worldwide Holdings Inc is a provider of outsourced aircraft and aviation operating services and the outsourced airfreight provider in the world. Company operates a fleet of 747 freighters and provides customers with a broad array of 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations. The company has operations in Africa, Asia, Australia, Europe, the Middle East, North America and South America. The company's business is organized into two operating segments based on service offerings: 1) Airline Operations include providing cargo aircraft outsourcing services to customers on an ACMI, CMI and Charter basis. 2) Dry Leasing business provides aircraft and engines to customers, including CMI customers, for a fixed monthly amount.
Executives
John W Dietrich officer: SVP/Gen Cnsl/Secretary, other: Chf. HR Off
Walter G Borst director 2701 NAVISTAR DRIVE, LISLE IL 60532
Raymond L. Conner director ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Adam Richard Kokas officer: Sr. V.P., Gen. Counsel & Secy. C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Michael Steen officer: SVP & Chief Marketing Officer 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Keith H. Mayer officer: Vice President & Controller ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Duncan J. Mcnabb director C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
James Anthony Forbes officer: EVP & COO C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Carol J Zierhoffer director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Beverly K. Goulet, director 10990 ROE AVENUE, OVERLAND PARK KS 66211
William J Flynn director, officer: Pres. & CEO C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577
Spencer Schwartz officer: Vice President & Controller C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577

Atlas Air Worldwide Holdings (Atlas Air Worldwide Holdings) Headlines