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Signature Aviation (STU:43BA) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Signature Aviation Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Signature Aviation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Signature Aviation'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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Signature Aviation Cyclically Adjusted PB Ratio Chart

Signature Aviation Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Signature Aviation Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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Competitive Comparison of Signature Aviation's Cyclically Adjusted PB Ratio

For the Airports & Air Services subindustry, Signature Aviation'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.


Signature Aviation's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Signature Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Signature Aviation 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.

Signature Aviation's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Signature Aviation's adjusted Book Value per Share data for the fiscal year that ended in Dec20 was:

Adj_Book=Book Value per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=1.576/109.4000*109.4000
=1.576

Current CPI (Dec20) = 109.4000.

Signature Aviation Annual Data

Book Value per Share CPI Adj_Book
201112 1.402 95.000 1.615
201212 1.458 97.300 1.639
201312 1.493 99.200 1.647
201412 1.634 99.900 1.789
201512 2.388 100.400 2.602
201612 2.174 102.200 2.327
201712 1.952 105.000 2.034
201812 2.039 107.100 2.083
201912 1.721 108.500 1.735
202012 1.576 109.400 1.576

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.


Signature Aviation  (STU:43BA) 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.


Signature Aviation Cyclically Adjusted PB Ratio Related Terms

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


Signature Aviation (STU:43BA) Business Description

Traded in Other Exchanges
N/A
Address
105 Wigmore Street, London, GBR, W1U 1QY
Signature Aviation is a United Kingdom-based global aviation support and aftermarket services provider that focuses on servicing the business and general aviation market. The group, including Signature FBO, TechnicAir, and Epic fuels, provides full-service flight and home-base support through the fixed-base operation network for business and general aviation users. The company operates through three segments: owner operators, fractional owner operators, and charter operators. Epic provides fuel and fuel-related services at fixed-base networks across North America, including fuel purchasing cards and transaction processing. The company generates most of its revenue in North America.

Signature Aviation (STU:43BA) Headlines

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