GLUX (Great Lakes Aviation) Cyclically Adjusted PB Ratio: (As of Jun. 25, 2026)


What is Great Lakes Aviation Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Lakes Aviation  (OTCPK:GLUX) 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.


Great Lakes Aviation Cyclically Adjusted PB Ratio Related Terms


Great Lakes Aviation Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Cyclically Adjusted PB Ratio Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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

GLUX vs MESA: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Great Lakes Aviation'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.


Great Lakes Aviation Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Great Lakes Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Great Lakes Aviation's Cyclically Adjusted PB Ratio falls into.



Great Lakes Aviation 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.

Great Lakes Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Great Lakes Aviation's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=2.656/237.9450*237.9450
=2.656

Current CPI (Sep. 2015) = 237.9450.

Great Lakes Aviation Quarterly Data

Book Value per Share CPI Adj_Book
200512 -1.318 196.800 -1.594
200603 -1.386 199.800 -1.651
200606 -1.347 202.900 -1.580
200609 -1.004 202.900 -1.177
200612 -0.204 201.800 -0.241
200703 -0.190 205.352 -0.220
200706 -0.117 208.352 -0.134
200709 0.180 208.490 0.205
200712 1.090 210.036 1.235
200803 1.156 213.528 1.288
200806 1.162 218.815 1.264
200809 1.157 218.783 1.258
200812 1.216 210.228 1.376
200903 1.223 212.709 1.368
200906 1.385 215.693 1.528
200909 1.559 215.969 1.718
200912 1.671 215.949 1.841
201003 1.657 217.631 1.812
201006 1.757 217.965 1.918
201009 1.945 218.439 2.119
201012 2.025 219.179 2.198
201103 1.985 223.467 2.114
201106 2.027 225.722 2.137
201109 2.155 226.889 2.260
201112 4.051 225.672 4.271
201203 4.071 229.392 4.223
201206 4.241 229.478 4.397
201209 4.484 231.407 4.611
201212 4.352 229.601 4.510
201303 4.212 232.773 4.306
201306 4.228 233.504 4.308
201309 4.369 234.149 4.440
201312 4.303 233.049 4.393
201403 3.825 236.293 3.852
201406 3.648 238.343 3.642
201409 3.622 238.031 3.621
201412 3.482 234.812 3.528
201503 3.324 236.119 3.350
201506 2.990 238.638 2.981
201509 2.656 237.945 2.656

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.


Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.