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WLFC (Willis Lease Finance) Cyclically Adjusted Book per Share : $58.68 (As of Mar. 2025)


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What is Willis Lease Finance 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.

Willis Lease Finance's adjusted book value per share for the three months ended in Mar. 2025 was $76.697. 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 $58.68 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Willis Lease Finance's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Willis Lease Finance was 13.30% per year. The lowest was 5.90% per year. And the median was 8.25% per year.

As of today (2025-05-16), Willis Lease Finance's current stock price is $138.65. Willis Lease Finance's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $58.68. Willis Lease Finance's Cyclically Adjusted PB Ratio of today is 2.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Willis Lease Finance was 3.91. The lowest was 0.45. And the median was 1.04.


Willis Lease Finance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Willis Lease Finance'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.

Willis Lease Finance Cyclically Adjusted Book per Share Chart

Willis Lease Finance 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 35.89 41.42 47.06 51.72 56.90

Willis Lease Finance 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 53.50 54.67 55.80 56.90 58.68

Competitive Comparison of Willis Lease Finance's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Willis Lease Finance'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.


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

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

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


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Willis Lease Finance 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, Willis Lease Finance'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)
=76.697/134.9266*134.9266
=76.697

Current CPI (Mar. 2025) = 134.9266.

Willis Lease Finance Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.509 100.684 35.525
201509 26.548 100.392 35.681
201512 27.719 99.792 37.478
201603 28.289 100.470 37.991
201606 29.324 101.688 38.909
201609 29.877 101.861 39.576
201612 30.656 101.863 40.607
201703 31.490 102.862 41.306
201706 32.521 103.349 42.458
201709 33.513 104.136 43.422
201712 40.335 104.011 52.324
201803 41.958 105.290 53.768
201806 41.679 106.317 52.895
201809 43.449 106.507 55.043
201812 46.436 105.998 59.109
201903 49.909 107.251 62.788
201906 50.459 108.070 62.999
201909 54.348 108.329 67.692
201912 55.119 108.420 68.594
202003 55.644 108.902 68.942
202006 54.620 108.767 67.756
202009 55.541 109.815 68.242
202012 55.406 109.897 68.025
202103 56.623 111.754 68.364
202106 54.629 114.631 64.301
202109 55.985 115.734 65.269
202112 57.554 117.630 66.017
202203 57.184 121.301 63.607
202206 56.725 125.017 61.221
202209 58.832 125.227 63.389
202212 61.177 125.222 65.918
202303 61.337 127.348 64.987
202306 60.945 128.729 63.879
202309 62.972 129.860 65.429
202312 64.092 129.419 66.819
202403 67.327 131.776 68.937
202406 68.976 132.554 70.211
202409 72.212 133.029 73.242
202412 76.584 133.157 77.602
202503 76.697 134.927 76.697

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


Willis Lease Finance  (NAS:WLFC) 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.

Willis Lease Finance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=138.65/58.68
=2.36

* 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 Willis Lease Finance was 3.91. The lowest was 0.45. And the median was 1.04.


Be Aware

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


Willis Lease Finance Cyclically Adjusted Book per Share Related Terms

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


Willis Lease Finance Business Description

Traded in Other Exchanges
Address
4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073
Willis Lease Finance Corp, with its subsidiaries, is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments, which include Leasing and Related Operations and Spare Parts Sales. A majority of its revenue is generated from the Leasing and Related Operations segment, which involves acquiring and leasing, under operating leases, commercial aircraft, aircraft engines, and other aircraft equipment and the selective purchase and resale of commercial aircraft engines, aircraft equipment, and other related businesses. Geographically, the company derives maximum revenue from the United States, followed by Europe, Asia-Pacific (excluding India), India, South America, Canada, Central America, and the Middle East.
Executives
Austin Chandler Willis director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Scott B. Flaherty officer: SVP, CFO 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Rae Ann Mckeating director PO BOX 593, MCCALL ID 83638
Brian Richard Hole officer: President 4700 LYONS TECHNOLOGY, SUITE 2215, COCONUT CREEK FL 33073
Willis Charles F Iv director, 10 percent owner, officer: Executive Chairman 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Robert J. Keady director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Hans Jorg Hunziker director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Robert T Morris director 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Dean Michael Poulakidas officer: SVP, Gen. Counsel, Secretary 4700 LYONS TECHNOLOGY, COCONUT CREEK FL 33073
Anthony R. Spaulding officer: SVP, Technical Services 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Donald A Nunemaker officer: EVP, General Mgr. Leasing 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Bradley Stewart Forsyth officer: SVP, CFO 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Ernest J. Furtado officer: Interim CFO 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Coon W William Jr director 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998
Judith M Webber officer: SVP, Technical Services 773 SAN MARIN DRIVE, SUITE 2215, NOVATO CA 94998