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AERUF (Aeroflot Russian Airlines PJSC) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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.

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Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Chart

Aeroflot Russian Airlines PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 3.81 5.28 3.38 -

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 3.38 9.96 47.53 -

Competitive Comparison of Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Aeroflot Russian Airlines PJSC'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.


Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Cyclically Adjusted PB Ratio falls into.



Aeroflot Russian Airlines PJSC 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.

Aeroflot Russian Airlines PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aeroflot Russian Airlines PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.897/244.6000*244.6000
=-0.897

Current CPI (Dec. 2023) = 244.6000.

Aeroflot Russian Airlines PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201209 1.782 115.700 3.767
201212 1.691 117.300 3.526
201306 1.527 121.400 3.077
201309 2.030 122.800 4.043
201312 1.741 124.900 3.410
201406 1.629 130.900 3.044
201409 1.339 132.700 2.468
201412 -0.061 139.000 -0.107
201506 0.021 150.900 0.034
201509 -0.157 153.500 -0.250
201512 -0.330 157.000 -0.514
201606 -0.031 162.200 -0.047
201609 0.637 163.300 0.954
201612 0.666 165.400 0.985
201703 0.000 167.000 0.000
201706 0.487 169.200 0.704
201709 1.112 168.200 1.617
201712 0.342 169.600 0.493
201803 0.941 171.000 1.346
201806 0.547 173.100 0.773
201809 0.898 173.900 1.263
201812 -0.864 176.800 -1.195
201903 -0.696 179.900 -0.946
201906 -0.475 181.200 -0.641
201909 -0.175 180.800 -0.237
201912 -0.026 182.200 -0.035
202003 -1.427 184.500 -1.892
202006 -1.405 187.000 -1.838
202009 -2.207 187.400 -2.881
202012 -1.368 191.100 -1.751
202103 -1.773 195.200 -2.222
202106 -1.585 199.100 -1.947
202109 -1.471 201.300 -1.787
202112 -1.772 207.200 -2.092
202206 0.000 230.800 0.000
202209 0.000 228.800 0.000
202212 -1.413 231.900 -1.490
202306 -2.020 238.300 -2.073
202309 -1.807 242.600 -1.822
202312 -0.897 244.600 -0.897

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.


Aeroflot Russian Airlines PJSC  (OTCPK:AERUF) 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.


Aeroflot Russian Airlines PJSC Cyclically Adjusted PB Ratio Related Terms

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Aeroflot Russian Airlines PJSC Business Description

Traded in Other Exchanges
Address
1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC Headlines

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