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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Cyclically Adjusted PB Ratio : 2.29 (As of Apr. 29, 2024)


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What is Controladora Vuela Compania de AviacionB de CV Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Controladora Vuela Compania de AviacionB de CV's current share price is $8.62. Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.77. Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio for today is 2.29.

The historical rank and industry rank for Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

VLRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 3.42   Max: 8.32
Current: 2.38

During the past years, Controladora Vuela Compania de AviacionB de CV's highest Cyclically Adjusted PB Ratio was 8.32. The lowest was 1.74. And the median was 3.42.

VLRS's Cyclically Adjusted PB Ratio is ranked worse than
77.29% of 687 companies
in the Transportation industry
Industry Median: 1.21 vs VLRS: 2.38

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.

Controladora Vuela Compania de AviacionB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was $2.406. 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 $3.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Controladora Vuela Compania de AviacionB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV Cyclically Adjusted PB Ratio Chart

Controladora Vuela Compania de AviacionB de CV 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 - - 6.42 2.67 2.57

Controladora Vuela Compania de AviacionB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.60 3.86 1.90 2.57 1.97

Competitive Comparison of Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.


Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio falls into.



Controladora Vuela Compania de AviacionB de CV 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.

Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.62/3.77
=2.29

* 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.

Controladora Vuela Compania de AviacionB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Controladora Vuela Compania de AviacionB de CV'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)
=2.406/151.0167*151.0167
=2.406

Current CPI (Mar. 2024) = 151.0167.

Controladora Vuela Compania de AviacionB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.742 96.609 4.286
201409 2.890 97.652 4.469
201412 3.062 99.469 4.649
201503 3.178 99.973 4.801
201506 3.349 99.382 5.089
201509 3.697 100.112 5.577
201512 3.970 101.588 5.902
201603 4.355 102.573 6.412
201606 4.720 101.905 6.995
201609 4.982 103.084 7.299
201612 5.181 105.002 7.451
201703 4.940 108.063 6.904
201706 4.753 108.339 6.625
201709 5.247 109.628 7.228
201712 1.950 112.114 2.627
201803 4.939 113.505 6.571
201806 4.595 113.373 6.121
201809 4.743 115.130 6.221
201812 1.381 117.530 1.774
201903 1.870 118.050 2.392
201906 2.135 117.848 2.736
201909 2.112 118.581 2.690
201912 2.929 120.854 3.660
202003 -1.647 121.885 -2.041
202006 -1.815 121.777 -2.251
202009 -2.431 123.341 -2.976
202012 1.222 124.661 1.480
202103 0.489 127.574 0.579
202106 1.572 128.936 1.841
202109 1.966 130.742 2.271
202112 2.709 133.830 3.057
202203 2.232 137.082 2.459
202206 1.817 139.233 1.971
202209 2.163 142.116 2.298
202212 2.037 144.291 2.132
202303 1.423 146.472 1.467
202306 1.491 146.272 1.539
202309 1.137 148.446 1.157
202312 2.110 151.017 2.110
202403 2.406 151.017 2.406

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.


Controladora Vuela Compania de AviacionB de CV  (NYSE:VLRS) 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.


Controladora Vuela Compania de AviacionB de CV Cyclically Adjusted PB Ratio Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Traded in Other Exchanges
Address
Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.