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AER (AerCap Holdings NV) Cyclically Adjusted Book per Share : $72.24 (As of Dec. 2024)


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What is AerCap Holdings NV Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

AerCap Holdings NV's adjusted book value per share for the three months ended in Dec. 2024 was $92.003. 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 $72.24 for the trailing ten years ended in Dec. 2024.

During the past 12 months, AerCap Holdings NV's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of AerCap Holdings NV was 18.40% per year. The lowest was 13.00% per year. And the median was 16.55% per year.

As of today (2025-03-04), AerCap Holdings NV's current stock price is $101.00. AerCap Holdings NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $72.24. AerCap Holdings NV's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AerCap Holdings NV was 2.86. The lowest was 0.49. And the median was 1.41.


AerCap Holdings NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for AerCap Holdings NV's Cyclically Adjusted Book per Share 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.

AerCap Holdings NV Cyclically Adjusted Book per Share Chart

AerCap Holdings NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.22 50.10 58.64 66.36 72.24

AerCap Holdings NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share 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 66.36 67.98 69.87 70.59 72.24

Competitive Comparison of AerCap Holdings NV's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, AerCap Holdings NV'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.


AerCap Holdings NV's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AerCap Holdings NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AerCap Holdings NV Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AerCap Holdings NV's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=92.003/122.4391*122.4391
=92.003

Current CPI (Dec. 2024) = 122.4391.

AerCap Holdings NV Quarterly Data

Book Value per Share CPI Adj_Book
201503 38.541 99.975 47.201
201506 39.239 100.573 47.770
201509 40.802 100.274 49.821
201512 41.674 99.676 51.191
201603 42.915 99.676 52.715
201606 44.456 101.072 53.854
201609 46.051 100.274 56.230
201612 48.366 99.676 59.411
201703 50.160 100.374 61.187
201706 52.141 100.673 63.414
201709 54.086 100.474 65.910
201712 56.079 100.075 68.611
201803 58.391 100.573 71.086
201806 58.407 101.072 70.755
201809 60.355 101.371 72.899
201812 61.875 100.773 75.178
201903 63.799 101.670 76.832
201906 65.980 102.168 79.071
201909 68.092 102.268 81.523
201912 70.791 102.068 84.919
202003 72.378 102.367 86.570
202006 74.294 101.769 89.384
202009 67.907 101.072 82.263
202012 67.980 101.072 82.352
202103 69.908 102.367 83.615
202106 70.352 103.364 83.335
202109 73.886 104.859 86.273
202112 67.527 106.653 77.522
202203 59.658 109.245 66.863
202206 61.153 112.779 66.391
202209 63.314 113.504 68.298
202212 65.537 115.436 69.513
202303 67.549 117.609 70.323
202306 70.157 119.662 71.785
202309 76.719 120.749 77.793
202312 81.923 120.749 83.070
202403 85.486 120.990 86.510
202406 87.192 122.318 87.278
202409 88.295 121.594 88.909
202412 92.003 122.439 92.003

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


AerCap Holdings NV  (NYSE:AER) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

AerCap Holdings NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.00/72.24
=1.40

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AerCap Holdings NV was 2.86. The lowest was 0.49. And the median was 1.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


AerCap Holdings NV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of AerCap Holdings NV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


AerCap Holdings NV Business Description

Industry
Traded in Other Exchanges
Address
65 St. Stephen's Green, AerCap House, Dublin, IRL, D02 YX20
AerCap Holdings NV is an aircraft leasing company. Its major activities include leasing, financing, sales, and management of commercial aircraft and engines. It also provides aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts. Its geographical segments include China, United States, and Other countries.
Executives
Michael George Walsh director 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Michael Gradon director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Aengus Kelly officer: Chief Executive Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Den Dikken Wouter Marinus officer: Chief Operating Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Peter Juhas officer: Chief Financial Officer 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Philip Gene Scruggs officer: Chief Comm. Off. and President AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Robert G Warden director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Marius Jonkhart director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Al Noaimi Salem Rashed Abdulla Ali director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Paul T Dacier director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Pieter Korteweg director C/O CERBERUS CAPITAL MANAGEMENT L.P., 299 PARK AVENUE - 22ND FLOOR, NEW YORK NY 10171
Robert H Benmosche director 180 MAIDEN LANE, NEW YORK NY 10038