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Airbus SE (Airbus SE) Cyclically Adjusted PB Ratio : 12.55 (As of Apr. 27, 2024)


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What is Airbus SE Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Airbus SE's current share price is $41.92. Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.34. Airbus SE's Cyclically Adjusted PB Ratio for today is 12.55.

The historical rank and industry rank for Airbus SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

EADSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.52   Med: 9.53   Max: 14.11
Current: 13.1

During the past years, Airbus SE's highest Cyclically Adjusted PB Ratio was 14.11. The lowest was 4.52. And the median was 9.53.

EADSY's Cyclically Adjusted PB Ratio is ranked worse than
94.03% of 201 companies
in the Aerospace & Defense industry
Industry Median: 2.47 vs EADSY: 13.10

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.

Airbus SE's adjusted book value per share data for the three months ended in Dec. 2023 was $6.127. 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 $3.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airbus SE'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.

* Premium members only.

Airbus SE Cyclically Adjusted PB Ratio Chart

Airbus SE 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 11.76 8.56 10.47 9.62 11.55

Airbus SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 9.62 10.61 11.16 10.53 11.55

Competitive Comparison of Airbus SE's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Airbus SE'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.


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

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

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



Airbus SE 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.

Airbus SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.92/3.34
=12.55

* 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.

Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Airbus SE'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)
=6.127/126.4000*126.4000
=6.127

Current CPI (Dec. 2023) = 126.4000.

Airbus SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.015 99.390 6.378
201406 4.738 99.240 6.035
201409 3.513 99.960 4.442
201412 2.775 99.050 3.541
201503 0.908 99.750 1.151
201506 2.036 100.230 2.568
201509 2.279 100.500 2.866
201512 2.073 99.730 2.627
201603 2.822 100.310 3.556
201606 2.201 100.260 2.775
201609 2.284 100.570 2.871
201612 1.248 100.710 1.566
201703 1.946 101.440 2.425
201706 3.283 101.370 4.094
201709 4.425 102.030 5.482
201712 0.596 101.970 0.739
201803 4.801 102.470 5.922
201806 3.466 103.100 4.249
201809 3.587 103.950 4.362
201812 3.565 103.970 4.334
201903 3.245 105.370 3.893
201906 2.701 105.840 3.226
201909 1.674 106.700 1.983
201912 2.122 106.800 2.511
202003 1.242 106.850 1.469
202006 0.475 107.510 0.558
202009 0.719 107.880 0.842
202012 2.501 107.850 2.931
202103 2.670 108.870 3.100
202106 3.548 109.670 4.089
202109 3.289 110.790 3.752
202112 3.404 114.010 3.774
202203 3.801 119.460 4.022
202206 2.913 119.050 3.093
202209 2.000 126.890 1.992
202212 4.355 124.940 4.406
202303 4.930 124.720 4.996
202306 5.189 125.830 5.213
202309 5.160 127.160 5.129
202312 6.127 126.400 6.127

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.


Airbus SE  (OTCPK:EADSY) 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.


Airbus SE Cyclically Adjusted PB Ratio Related Terms

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


Airbus SE (Airbus SE) Business Description

Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.

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