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TransDigm Group (BSP:T1DG34) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is TransDigm Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransDigm Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TransDigm Group'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.

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TransDigm Group Cyclically Adjusted PB Ratio Chart

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
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TransDigm Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of TransDigm Group's Cyclically Adjusted PB Ratio

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 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.

TransDigm Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


TransDigm Group  (BSP:T1DG34) 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.


TransDigm Group Cyclically Adjusted PB Ratio Related Terms

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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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