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Leidos Holdings (BSP:L1DO34) Cyclically Adjusted Book per Share : R$13.98 (As of Mar. 2024)


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What is Leidos Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Leidos Holdings's adjusted book value per share for the three months ended in Mar. 2024 was R$15.695. 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 R$13.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Leidos Holdings's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Leidos Holdings was 3.70% per year. The lowest was -9.20% per year. And the median was -3.30% per year.

As of today (2024-06-05), Leidos Holdings's current stock price is R$76.02. Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$13.98. Leidos Holdings's Cyclically Adjusted PB Ratio of today is 5.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leidos Holdings was 5.43. The lowest was 1.02. And the median was 3.04.


Leidos Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leidos Holdings's Cyclically Adjusted Book per Share 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.

Leidos Holdings Cyclically Adjusted Book per Share Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.37 14.44 14.14 13.14

Leidos Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 13.82 13.25 13.83 13.14 13.98

Competitive Comparison of Leidos Holdings's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Leidos 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.


Leidos Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leidos Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Leidos Holdings'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)
=15.695/131.7762*131.7762
=15.695

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201401 4.757 98.692 6.352
201404 4.182 100.023 5.510
201407 2.876 100.520 3.770
201410 3.231 100.176 4.250
201501 3.553 98.604 4.748
201506 3.972 100.684 5.199
201509 5.172 100.392 6.789
201603 5.608 100.470 7.355
201606 5.291 101.688 6.857
201609 6.758 101.861 8.743
201612 7.010 101.863 9.069
201703 6.580 102.862 8.430
201706 7.036 103.349 8.971
201709 6.833 104.136 8.647
201712 7.354 104.011 9.317
201803 7.401 105.290 9.263
201806 8.588 106.317 10.645
201809 9.461 106.507 11.706
201812 8.799 105.998 10.939
201903 8.786 107.251 10.795
201906 8.994 108.070 10.967
201909 9.484 108.329 11.537
201912 9.935 108.420 12.075
202003 11.545 108.902 13.970
202006 12.927 108.767 15.662
202009 14.093 109.815 16.911
202012 13.961 109.897 16.741
202103 15.680 111.754 18.489
202106 14.515 114.631 16.686
202109 15.516 115.734 17.667
202112 17.332 117.630 19.416
202203 14.366 121.301 15.607
202206 14.753 125.017 15.551
202209 15.639 125.227 16.457
202212 16.460 125.222 17.322
202303 16.763 127.348 17.346
202306 16.286 128.729 16.672
202309 14.891 129.860 15.111
202312 15.161 129.419 15.437
202403 15.695 131.776 15.695

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


Leidos Holdings  (BSP:L1DO34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Leidos Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=76.02/13.98
=5.44

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leidos Holdings was 5.43. The lowest was 1.02. And the median was 3.04.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Leidos Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Leidos Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Leidos Holdings (BSP:L1DO34) Business Description

Industry
Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (BSP:L1DO34) Headlines

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