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Cubic (CUB) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Cubic Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cubic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cubic'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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Cubic Cyclically Adjusted PB Ratio Chart

Cubic Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Cyclically Adjusted PB Ratio
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Cubic Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Cubic's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Cubic'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.


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

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

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



Cubic 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.

Cubic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Cubic's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=29.218/111.7544*111.7544
=29.218

Current CPI (Mar. 2021) = 111.7544.

Cubic Quarterly Data

Book Value per Share CPI Adj_Book
201106 20.139 95.235 23.632
201109 21.677 95.727 25.306
201112 21.429 95.213 25.152
201203 22.588 96.783 26.082
201206 24.361 96.819 28.119
201209 25.328 97.633 28.991
201212 25.616 96.871 29.552
201303 25.940 98.209 29.518
201306 26.791 98.518 30.391
201309 26.816 98.790 30.335
201312 27.419 98.326 31.164
201403 28.048 99.695 31.441
201406 28.830 100.560 32.040
201409 29.201 100.428 32.494
201412 28.782 99.070 32.467
201503 27.617 99.621 30.981
201506 28.660 100.684 31.811
201509 28.133 100.392 31.317
201512 27.512 99.792 30.810
201603 27.483 100.470 30.570
201606 26.938 101.688 29.605
201609 25.559 101.861 28.041
201612 24.589 101.863 26.977
201703 24.786 102.862 26.929
201706 24.385 103.349 26.368
201709 25.422 104.136 27.282
201712 24.961 104.011 26.819
201803 24.958 105.290 26.490
201806 24.870 106.317 26.142
201809 25.687 106.507 26.953
201812 29.760 105.998 31.376
201903 29.530 107.251 30.770
201906 30.353 108.070 31.388
201909 30.843 108.329 31.818
201912 30.428 108.420 31.364
202003 28.624 108.902 29.374
202006 28.527 108.767 29.310
202009 30.667 109.815 31.209
202012 30.203 109.897 30.714
202103 29.218 111.754 29.218

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.


Cubic  (NYSE:CUB) 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.


Cubic Cyclically Adjusted PB Ratio Related Terms

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


Cubic (CUB) Business Description

Traded in Other Exchanges
N/A
Address
9333 Balboa Avenue, San Diego, CA, USA, 92123
Cubic Corp is an international provider of systems and solutions for the mass transit and global defense markets. It uses three segments for financial reporting: Cubic transportation systems, Cubic mission solutions, and Cubic global defense systems. The company integrates payment and information solutions for travel applications. It allows people to choose a cost- and time-effective way to travel and helps transportation authorities manage demand across entire networks. The global defense segments provide training and operational support for multiple branches of the U.S. military. Approximately half of the total revenue is derived from the United States, with the United Kingdom and Australia also producing material sales.
Executives
Mark Harrison officer: SVP/Chief Accounting Officer 9333 BALBOA AVE SAN DIEGO CA 92123
Jeffrey B. Lowinger officer: President, CTS - SVP, CORP 9333 BALBOA AVENUE SAN DIEGO CA 92123
Carolyn A. Flowers director C/O CUBIC CORPORATION 9333 BALBOA AVENUE SAN DIEGO CA 92123
Hilary Hageman officer: SVP, General Counsel, & Sec 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Michael Knowles officer: President, CMPS - SVP, CORP 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Rhys V Williams officer: VP, Treasurer PO BOX 85587 SAN DIEGO X1 92186-5587
Anshooman Aga officer: EVP/CFO PO BOX 85587, SAN DIEGO CA 92186-5587
Janice M. Hamby director P.O. BOX 85587 SAN DIEGO CA 92186
Steven John Norris director PO BOX 85587, SAN DIEGO CA 92186
Bruce G Blakley director 1045 MOANA DRIVE SAN DIEGO CA 92107
Bradley H Feldmann director, officer: Chairman/President/CEO C/O MANTECH INTERNATIONAL CORP 12015 LEE JACKSON HWY FAIRFAX VA 22033
Grace G. Lee officer: SVP, Chief HR & Diversity Ofc. C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Denise L Devine director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Prithviraj Banerjee director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
David F Melcher director 1650 TYSONS BOULEVARD, SUITE 1700, MCLEAN VA 22102