AAIIQ (Alabama Aircraft Industries) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

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What is Alabama Aircraft Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alabama Aircraft Industries  (OTCPK:AAIIQ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Alabama Aircraft Industries Cyclically Adjusted PB Ratio Related Terms


Alabama Aircraft Industries Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Alabama Aircraft Industries's Cyclically Adjusted PB Ratio 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.

Alabama Aircraft Industries Cyclically Adjusted PB Ratio Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
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Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Cyclically Adjusted PB Ratio 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 0.00 0.00 0.00 0.00 0.00

AAIIQ vs NEIK, MDEX, MKRS: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Alabama Aircraft Industries'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.


Alabama Aircraft Industries Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

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

* The bar in red indicates where Alabama Aircraft Industries's Cyclically Adjusted PB Ratio falls into.



Alabama Aircraft Industries Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Alabama Aircraft Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2008 is calculated as:

For example, Alabama Aircraft Industries's adjusted Book Value per Share data for the three months ended in Dec. 2008 was:

Adj_Book=Book Value per Share/CPI of Dec. 2008 (Change)*Current CPI (Dec. 2008)
=-3.637/210.2280*210.2280
=-3.637

Current CPI (Dec. 2008) = 210.2280.

Alabama Aircraft Industries Quarterly Data

Book Value per Share CPI Adj_Book
199903 -1.031 165.000 -1.314
199906 -0.327 166.200 -0.414
199909 0.126 167.900 0.158
199912 0.035 168.300 0.044
200003 1.024 171.200 1.257
200006 1.653 172.400 2.016
200009 2.054 173.700 2.486
200012 2.174 174.000 2.627
200103 2.913 176.200 3.476
200106 3.785 178.000 4.470
200109 4.376 178.300 5.160
200112 4.556 176.700 5.420
200203 5.371 178.800 6.315
200206 4.453 179.900 5.204
200209 5.127 181.000 5.955
200212 2.830 180.900 3.289
200303 3.238 184.200 3.696
200306 3.896 183.700 4.459
200309 4.845 185.200 5.500
200312 5.484 184.300 6.256
200403 5.942 187.400 6.666
200406 5.789 189.700 6.415
200409 5.944 189.900 6.580
200412 4.429 190.300 4.893
200503 4.728 193.300 5.142
200506 4.642 194.500 5.017
200509 3.457 198.800 3.656
200512 2.550 196.800 2.724
200603 2.896 199.800 3.047
200606 3.126 202.900 3.239
200609 3.029 202.900 3.138
200612 1.789 201.800 1.864
200703 2.167 205.352 2.218
200706 2.298 208.352 2.319
200709 2.961 208.490 2.986
200712 3.954 210.036 3.958
200803 4.346 213.528 4.279
200806 3.918 218.815 3.764
200809 3.658 218.783 3.515
200812 -3.637 210.228 -3.637

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


Alabama Aircraft Industries Business Description

Address 1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.