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Magellan Aerospace (Magellan Aerospace) Cyclically Adjusted Book per Share : $10.15 (As of Mar. 2024)


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What is Magellan Aerospace 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.

Magellan Aerospace's adjusted book value per share for the three months ended in Mar. 2024 was $9.655. 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 $10.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Magellan Aerospace's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.90% 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 Magellan Aerospace was 13.60% per year. The lowest was -11.20% per year. And the median was -1.70% per year.

As of today (2024-06-09), Magellan Aerospace's current stock price is $5.95. Magellan Aerospace's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.15. Magellan Aerospace's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Magellan Aerospace was 1.93. The lowest was 0.25. And the median was 0.96.


Magellan Aerospace Cyclically Adjusted Book per Share Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Cyclically Adjusted Book per Share Chart

Magellan Aerospace Annual Data
Trend Dec14 Dec15 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 8.47 8.42 8.69 8.89 9.82

Magellan Aerospace 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 9.58 9.96 10.16 9.82 10.15

Competitive Comparison of Magellan Aerospace's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


Magellan Aerospace's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



Magellan Aerospace 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, Magellan Aerospace'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)
=9.655/126.2576*126.2576
=9.655

Current CPI (Mar. 2024) = 126.2576.

Magellan Aerospace Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.790 99.473 8.618
201409 6.945 99.394 8.822
201412 6.847 98.367 8.788
201503 6.698 99.789 8.475
201506 7.117 100.500 8.941
201509 7.074 100.421 8.894
201512 7.233 99.947 9.137
201603 7.327 101.054 9.154
201606 7.494 102.002 9.276
201609 7.600 101.765 9.429
201612 7.910 101.449 9.844
201703 8.231 102.634 10.126
201706 8.428 103.029 10.328
201709 9.286 103.345 11.345
201712 9.408 103.345 11.494
201803 9.712 105.004 11.678
201806 9.767 105.557 11.682
201809 9.914 105.636 11.849
201812 10.071 105.399 12.064
201903 10.225 106.979 12.068
201906 10.239 107.690 12.004
201909 10.341 107.611 12.133
201912 10.599 107.769 12.417
202003 10.533 107.927 12.322
202006 10.492 108.401 12.220
202009 10.723 108.164 12.517
202012 10.582 108.559 12.307
202103 10.792 110.298 12.354
202106 10.991 111.720 12.421
202109 10.595 112.905 11.848
202112 10.318 113.774 11.450
202203 10.133 117.646 10.875
202206 9.945 120.806 10.394
202209 9.546 120.648 9.990
202212 9.333 120.964 9.741
202303 9.355 122.702 9.626
202306 9.589 124.203 9.748
202309 9.476 125.230 9.554
202312 9.560 125.072 9.651
202403 9.655 126.258 9.655

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


Magellan Aerospace  (OTCPK:MALJF) 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.

Magellan Aerospace's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.95/10.15
=0.59

* 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 Magellan Aerospace was 1.93. The lowest was 0.25. And the median was 0.96.


Be Aware

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


Magellan Aerospace Cyclically Adjusted Book per Share Related Terms

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


Magellan Aerospace (Magellan Aerospace) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (Magellan Aerospace) Headlines

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