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Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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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Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Chart

Aeroflot Russian Airlines PJSC 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 2.66 3.81 5.28 3.38 -

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 3.38 9.96 47.53 -

Competitive Comparison of Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Aeroflot Russian Airlines PJSC'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.


Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio falls into.



Aeroflot Russian Airlines PJSC 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.

Aeroflot Russian Airlines PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aeroflot Russian Airlines PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-111.284/244.6000*244.6000
=-111.284

Current CPI (Dec. 2023) = 244.6000.

Aeroflot Russian Airlines PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201209 256.591 115.700 542.456
201212 245.072 117.300 511.037
201306 222.113 121.400 447.519
201309 298.176 122.800 593.924
201312 258.244 124.900 505.736
201406 241.050 130.900 450.427
201409 196.032 132.700 361.337
201412 -8.923 139.000 -15.702
201506 3.153 150.900 5.111
201509 -34.372 153.500 -54.771
201512 -90.470 157.000 -140.949
201606 -8.435 162.200 -12.720
201609 172.926 163.300 259.018
201612 180.277 165.400 266.601
201703 0.000 167.000 0.000
201706 126.540 169.200 182.930
201709 291.933 168.200 424.535
201712 87.557 169.600 126.276
201803 235.156 171.000 336.369
201806 146.613 173.100 207.172
201809 264.903 173.900 372.601
201812 -261.727 176.800 -362.095
201903 -212.930 179.900 -289.509
201906 -147.336 181.200 -198.887
201909 -54.280 180.800 -73.434
201912 -8.039 182.200 -10.792
202003 -436.687 184.500 -578.936
202006 -464.620 187.000 -607.733
202009 -749.046 187.400 -977.677
202012 -256.768 191.100 -328.652
202103 -327.069 195.200 -409.842
202106 -298.791 199.100 -367.073
202109 -276.306 201.300 -335.740
202112 -340.841 207.200 -402.363
202206 0.000 230.800 0.000
202209 0.000 228.800 0.000
202212 -177.840 231.900 -187.579
202306 -243.715 238.300 -250.158
202309 -222.323 242.600 -224.156
202312 -111.284 244.600 -111.284

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.


Aeroflot Russian Airlines PJSC  (XKAZ:RU_AFLT) 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.


Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Related Terms

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Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Business Description

Traded in Other Exchanges
Address
1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Headlines

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