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Magellan Aerospace (TSX:MAL) Cyclically Adjusted Book per Share : C$14.50 (As of Mar. 2025)


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What is Magellan Aerospace 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.

Magellan Aerospace's adjusted book value per share for the three months ended in Mar. 2025 was C$14.278. 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 C$14.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Magellan Aerospace's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Magellan Aerospace was 14.00% per year. The lowest was -11.20% per year. And the median was -1.35% per year.

As of today (2025-05-23), Magellan Aerospace's current stock price is C$16.30. Magellan Aerospace's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$14.50. Magellan Aerospace's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Magellan Aerospace was 1.93. The lowest was 0.48. And the median was 0.97.


Magellan Aerospace Cyclically Adjusted Book per Share Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Cyclically Adjusted Book per Share Chart

Magellan Aerospace 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 10.81 11.37 12.70 13.59 14.21

Magellan Aerospace Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.81 14.05 14.11 14.21 14.50

Competitive Comparison of Magellan Aerospace's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


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

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

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


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Magellan Aerospace 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, Magellan Aerospace's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.278/129.1809*129.1809
=14.278

Current CPI (Mar. 2025) = 129.1809.

Magellan Aerospace Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.801 100.500 11.313
201509 9.384 100.421 12.071
201512 9.918 99.947 12.819
201603 9.691 101.054 12.388
201606 9.663 102.002 12.238
201609 9.963 101.765 12.647
201612 10.551 101.449 13.435
201703 11.019 102.634 13.869
201706 11.205 103.029 14.049
201709 11.402 103.345 14.253
201712 12.013 103.345 15.016
201803 12.560 105.004 15.452
201806 12.820 105.557 15.689
201809 12.922 105.636 15.802
201812 13.532 105.399 16.585
201903 13.671 106.979 16.508
201906 13.606 107.690 16.321
201909 13.692 107.611 16.436
201912 13.958 107.769 16.731
202003 14.704 107.927 17.600
202006 14.218 108.401 16.943
202009 14.187 108.164 16.944
202012 13.555 108.559 16.130
202103 13.565 110.298 15.887
202106 13.431 111.720 15.530
202109 13.425 112.905 15.360
202112 13.207 113.774 14.995
202203 12.828 117.646 14.086
202206 12.733 120.806 13.616
202209 12.733 120.648 13.634
202212 12.679 120.964 13.540
202303 12.800 122.702 13.476
202306 12.739 124.203 13.250
202309 12.822 125.230 13.226
202312 12.826 125.072 13.247
202403 13.069 126.258 13.372
202406 13.244 127.522 13.416
202409 13.389 127.285 13.588
202412 13.991 127.364 14.191
202503 14.278 129.181 14.278

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


Magellan Aerospace  (TSX:MAL) 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.

Magellan Aerospace's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.30/14.50
=1.12

* 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 Magellan Aerospace was 1.93. The lowest was 0.48. And the median was 0.97.


Be Aware

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


Magellan Aerospace Cyclically Adjusted Book per Share Related Terms

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


Magellan Aerospace Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry, Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
Executives
Michael Gribe Senior Officer
Karen Yoshiki-gravelsins Senior Officer
Bruce William Gowan Director

Magellan Aerospace Headlines

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