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Huntington Ingalls Industries (Huntington Ingalls Industries) Cyclically Adjusted PB Ratio : 4.48 (As of May. 16, 2024)


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What is Huntington Ingalls Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Huntington Ingalls Industries's current share price is $256.16. Huntington Ingalls Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $57.18. Huntington Ingalls Industries's Cyclically Adjusted PB Ratio for today is 4.48.

The historical rank and industry rank for Huntington Ingalls Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

HII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.73   Med: 5   Max: 8.52
Current: 4.4

During the past years, Huntington Ingalls Industries's highest Cyclically Adjusted PB Ratio was 8.52. The lowest was 3.73. And the median was 5.00.

HII's Cyclically Adjusted PB Ratio is ranked worse than
74.51% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.465 vs HII: 4.40

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.

Huntington Ingalls Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $104.430. 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 $57.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntington Ingalls Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huntington Ingalls Industries'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.

Huntington Ingalls Industries Cyclically Adjusted PB Ratio Chart

Huntington Ingalls Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.69 4.99 4.75 4.89 4.67

Huntington Ingalls Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.16 4.37 3.77 4.67 5.10

Competitive Comparison of Huntington Ingalls Industries's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Huntington Ingalls Industries'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.


Huntington Ingalls Industries's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Huntington Ingalls Industries's Cyclically Adjusted PB Ratio falls into.



Huntington Ingalls Industries 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.

Huntington Ingalls Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=256.16/57.18
=4.48

* 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.

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

For example, Huntington Ingalls Industries'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)
=104.43/131.7762*131.7762
=104.430

Current CPI (Mar. 2024) = 131.7762.

Huntington Ingalls Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.284 100.560 42.306
201409 34.268 100.428 44.965
201412 28.261 99.070 37.591
201503 28.395 99.621 37.560
201506 30.873 100.684 40.407
201509 31.568 100.392 41.437
201512 31.770 99.792 41.952
201603 32.293 100.470 42.355
201606 34.371 101.688 44.541
201609 35.527 101.861 45.961
201612 35.779 101.863 46.286
201703 35.455 102.862 45.421
201706 36.264 103.349 46.239
201709 37.792 104.136 47.823
201712 38.980 104.011 49.385
201803 38.520 105.290 48.210
201806 39.057 106.317 48.410
201809 42.442 106.507 52.512
201812 36.181 105.998 44.980
201903 37.572 107.251 46.164
201906 39.324 108.070 47.950
201909 41.585 108.329 50.586
201912 38.922 108.420 47.307
202003 40.568 108.902 49.089
202006 41.458 108.767 50.228
202009 46.420 109.815 55.703
202012 46.947 109.897 56.294
202103 49.107 111.754 57.905
202106 51.377 114.631 59.061
202109 54.589 115.734 62.156
202112 70.200 117.630 78.643
202203 70.374 121.301 76.451
202206 73.800 125.017 77.790
202209 76.391 125.227 80.386
202212 87.444 125.222 92.021
202303 89.298 127.348 92.403
202306 91.378 128.729 93.541
202309 93.841 129.860 95.226
202312 103.309 129.419 105.190
202403 104.430 131.776 104.430

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.


Huntington Ingalls Industries  (NYSE:HII) 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.


Huntington Ingalls Industries Cyclically Adjusted PB Ratio Related Terms

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


Huntington Ingalls Industries (Huntington Ingalls Industries) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.
Executives
Jennifer R. Boykin officer: Vice President, Engineering C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
D R Wyatt officer: Corp VP & Treasurer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Craig S. Faller director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Chad N. Boudreaux officer: Ex VP & Chief Legal Officer C/O 4101 WASHINGTON AVENUE, BLDG 909-7, NEWPORT NEWS VA 23607
Nicolas G Schuck officer: Corp VP, Controller & CAO C/OHUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Christopher W. Soong officer: Ex VP & CIO C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Hughes Edmond E. Jr. officer: Ex VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE. BLDG 909-7, NEWPORT NEWS VA 23607
Green Edgar A Iii officer: Ex VP, Pres. HII Technical Sol C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Anastasi D Kelly director 88317 WOODLEA MILL ROAD, MCLEAN VA 22102
Eric D. Chewning officer: Ex VP, Strategy & Development C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Leo P Denault director
Todd A. Borkey officer: Ex VP & Chief Technology Offic C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607
Paul C. Harris officer: Ex VP & Chief Sustainability C/O HUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVE BLDG 909-7, NEWPORT NEWS VA 23607
William R Ermatinger officer: Corp VP & Chief HR Officer C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Frank R Jimenez director GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061

Huntington Ingalls Industries (Huntington Ingalls Industries) Headlines