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TransDigm Group (FRA:T7D) Cyclically Adjusted PB Ratio : (As of May. 27, 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)
=-49.821/131.7762*131.7762
=-49.821

Current CPI (Mar. 2024) = 131.7762.

TransDigm Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -22.254 100.560 -29.162
201409 -23.037 100.428 -30.228
201412 -22.577 99.070 -30.030
201503 -23.009 99.621 -30.436
201506 -19.467 100.684 -25.479
201509 -17.233 100.392 -22.620
201512 -16.520 99.792 -21.815
201603 -16.307 100.470 -21.388
201606 -13.505 101.688 -17.501
201609 -10.884 101.861 -14.080
201612 -33.276 101.863 -43.048
201703 -36.649 102.862 -46.951
201706 -32.512 103.349 -41.455
201709 -47.677 104.136 -60.332
201712 -42.145 104.011 -53.395
201803 -35.774 105.290 -44.773
201806 -34.179 106.317 -42.364
201809 -29.390 106.507 -36.363
201812 -27.727 105.998 -34.470
201903 -24.843 107.251 -30.524
201906 -21.943 108.070 -26.757
201909 -49.152 108.329 -59.790
201912 -72.209 108.420 -87.764
202003 -70.494 108.902 -85.301
202006 -68.555 108.767 -83.057
202009 -61.974 109.815 -74.368
202012 -56.069 109.897 -67.232
202103 -54.017 111.754 -63.695
202106 -47.291 114.631 -54.364
202109 -44.898 115.734 -51.121
202112 -42.046 117.630 -47.103
202203 -48.241 121.301 -52.407
202206 -51.926 125.017 -54.734
202209 -70.100 125.227 -73.766
202212 -57.802 125.222 -60.827
202303 -49.369 127.348 -51.086
202306 -40.071 128.729 -41.020
202309 -33.613 129.860 -34.109
202312 0.000 129.419 0.000
202403 -49.821 131.776 -49.821

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  (FRA:T7D) 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 (FRA:T7D) 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 (FRA:T7D) Headlines

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