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Air Lease (Air Lease) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Air Lease Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Air Lease's adjusted book value per share for the three months ended in Mar. 2024 was $64.168. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Air Lease's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Air Lease was 13.60% per year. The lowest was 13.20% per year. And the median was 13.40% per year.

As of today (2024-05-28), Air Lease's current stock price is $0.00. Air Lease's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Air Lease's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Air Lease was 1.53. The lowest was 0.51. And the median was 0.91.


Air Lease Cyclically Adjusted Book per Share Historical Data

The historical data trend for Air Lease'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.

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Air Lease Cyclically Adjusted Book per Share Chart

Air Lease Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Air Lease Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Air Lease's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Air Lease'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.


Air Lease's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Air Lease 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, Air Lease'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)
=64.168/131.7762*131.7762
=64.168

Current CPI (Mar. 2024) = 131.7762.

Air Lease Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.822 100.560 33.838
201409 26.322 100.428 34.538
201412 27.074 99.070 36.012
201503 27.157 99.621 35.923
201506 27.899 100.684 36.515
201509 28.655 100.392 37.613
201512 29.440 99.792 38.876
201603 30.190 100.470 39.597
201606 31.073 101.688 40.267
201609 31.975 101.861 41.366
201612 32.888 101.863 42.546
201703 33.585 102.862 43.026
201706 34.475 103.349 43.958
201709 35.409 104.136 44.808
201712 40.135 104.011 50.849
201803 40.660 105.290 50.888
201806 41.682 106.317 51.663
201809 43.038 106.507 53.249
201812 43.333 105.998 53.871
201903 46.560 107.251 57.207
201906 47.459 108.070 57.870
201909 48.466 108.329 58.956
201912 49.897 108.420 60.646
202003 50.899 108.902 61.590
202006 52.083 108.767 63.101
202009 53.037 109.815 63.644
202012 53.880 109.897 64.607
202103 57.037 111.754 67.256
202106 57.690 114.631 66.318
202109 58.418 115.734 66.515
202112 62.187 117.630 69.666
202203 56.517 121.301 61.398
202206 57.139 125.017 60.228
202209 57.927 125.227 60.957
202212 58.973 125.222 62.060
202303 59.845 127.348 61.926
202306 60.803 128.729 62.242
202309 61.765 129.860 62.677
202312 63.531 129.419 64.688
202403 64.168 131.776 64.168

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


Air Lease  (GREY:ALLLZ) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Air Lease was 1.53. The lowest was 0.51. And the median was 0.91.


Be Aware

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


Air Lease Cyclically Adjusted Book per Share Related Terms

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


Air Lease (Air Lease) Business Description

Industry
Traded in Other Exchanges
Address
2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.