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TAT Technologies (XTAE:TATT) Cyclically Adjusted Book per Share : ₪40.14 (As of Dec. 2024)


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What is TAT Technologies 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.

TAT Technologies's adjusted book value per share for the three months ended in Dec. 2024 was ₪36.396. 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 ₪40.14 for the trailing ten years ended in Dec. 2024.

During the past 12 months, TAT Technologies's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.70% 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 TAT Technologies was 15.30% per year. The lowest was -1.20% per year. And the median was 1.90% per year.

As of today (2025-05-16), TAT Technologies's current stock price is ₪119.50. TAT Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪40.14. TAT Technologies's Cyclically Adjusted PB Ratio of today is 2.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TAT Technologies was 2.91. The lowest was 0.30. And the median was 0.68.


TAT Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies Cyclically Adjusted Book per Share Chart

TAT Technologies 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 37.35 38.85 40.11 40.08 40.14

TAT Technologies 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 40.08 40.50 40.45 40.35 40.14

Competitive Comparison of TAT Technologies's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, TAT Technologies'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.


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

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

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


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TAT Technologies 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, TAT Technologies'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)
=36.396/133.1571*133.1571
=36.396

Current CPI (Dec. 2024) = 133.1571.

TAT Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201503 35.302 99.621 47.186
201506 35.598 100.684 47.079
201509 35.695 100.392 47.345
201512 36.911 99.792 49.252
201603 37.115 100.470 49.190
201606 34.740 101.688 45.491
201609 35.134 101.861 45.929
201612 35.710 101.863 46.681
201703 36.394 102.862 47.113
201706 35.499 103.349 45.738
201709 35.695 104.136 45.643
201712 35.598 104.011 45.573
201803 35.263 105.290 44.596
201806 34.645 106.317 43.391
201809 34.502 106.507 43.135
201812 33.775 105.998 42.429
201903 33.927 107.251 42.122
201906 33.941 108.070 41.820
201909 34.005 108.329 41.799
201912 34.206 108.420 42.010
202003 34.360 108.902 42.013
202006 33.526 108.767 41.044
202009 32.895 109.815 39.887
202012 32.167 109.897 38.975
202103 32.355 111.754 38.551
202106 31.379 114.631 36.450
202109 31.020 115.734 35.690
202112 30.766 117.630 34.827
202203 30.133 121.301 33.078
202206 30.059 125.017 32.016
202209 30.003 125.227 31.903
202212 30.154 125.222 32.065
202303 30.452 127.348 31.841
202306 31.025 128.729 32.092
202309 31.867 129.860 32.676
202312 31.919 129.419 32.841
202403 32.650 131.776 32.992
202406 33.534 132.554 33.687
202409 35.528 133.029 35.562
202412 36.396 133.157 36.396

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


TAT Technologies  (XTAE:TATT) 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.

TAT Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.50/40.14
=2.98

* 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 TAT Technologies was 2.91. The lowest was 0.30. And the median was 0.68.


Be Aware

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


TAT Technologies Cyclically Adjusted Book per Share Related Terms

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


TAT Technologies Business Description

Traded in Other Exchanges
Address
5 Hamelacha Street, Netanya, ISR, 4250540
TAT Technologies Ltd provides solutions and services to the commercial and military aerospace and ground defense industries, focused mainly on three product areas and services: Thermal Management, Power and Actuation, and Maintenance, Repair and Overhaul (MRO). Its product portfolio includes heat exchangers, cooling systems, and mechanical aircraft accessories and systems such as pumps, valves, and turbine power units. Its operating segments are MRO services for aviation components, which derive key revenue, Original equipment manufacturing (OEM) of heat transfer solutions and aviation accessories, MRO services for heat transfer components and OEM of heat transfer solutions, and Overhaul and coating of jet engine components. Geographically, it derives key revenue from the United States.