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Airbus SE (XKAZ:AIR_KZ) Cyclically Adjusted PB Ratio : 14.45 (As of Jun. 05, 2024)


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What is Airbus SE Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Airbus SE's current share 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 for today is 14.45.

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

XKAZ:AIR_KZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.52   Med: 9.54   Max: 14.11
Current: 12.55

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

XKAZ:AIR_KZ's Cyclically Adjusted PB Ratio is ranked worse than
92.2% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.42 vs XKAZ:AIR_KZ: 12.55

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted PB Ratio Chart

Airbus SE 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 11.76 8.56 10.47 9.62 11.55

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 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 10.61 11.16 10.53 11.55 13.74

Competitive Comparison of Airbus SE's Cyclically Adjusted PB Ratio

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 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.

Airbus SE's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Airbus SE  (XKAZ:AIR_KZ) 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.


Airbus SE Cyclically Adjusted PB Ratio Related Terms

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


Airbus SE (XKAZ:AIR_KZ) Business Description

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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