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AeroVironment (STU:JPX) Cyclically Adjusted PB Ratio : 5.75 (As of Apr. 29, 2025)


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What is AeroVironment Cyclically Adjusted PB Ratio?

As of today (2025-04-29), AeroVironment's current share price is €129.10. AeroVironment's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was €22.47. AeroVironment's Cyclically Adjusted PB Ratio for today is 5.75.

The historical rank and industry rank for AeroVironment's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:JPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 4.22   Max: 9.45
Current: 6.1

During the past years, AeroVironment's highest Cyclically Adjusted PB Ratio was 9.45. The lowest was 1.67. And the median was 4.22.

STU:JPX's Cyclically Adjusted PB Ratio is ranked worse than
78.57% of 196 companies
in the Aerospace & Defense industry
Industry Median: 2.555 vs STU:JPX: 6.10

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.

AeroVironment's adjusted book value per share data for the three months ended in Jan. 2025 was €29.476. 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 €22.47 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AeroVironment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AeroVironment'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.

* Premium members only.

AeroVironment Cyclically Adjusted PB Ratio Chart

AeroVironment Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 6.17 3.97 4.62 6.83

AeroVironment Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 5.29 6.83 7.52 8.91 7.34

Competitive Comparison of AeroVironment's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, AeroVironment'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.


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

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

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


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AeroVironment 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.

AeroVironment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=129.10/22.47
=5.75

* 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.

AeroVironment's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, AeroVironment's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=29.476/134.0288*134.0288
=29.476

Current CPI (Jan. 2025) = 134.0288.

AeroVironment Quarterly Data

Book Value per Share CPI Adj_Book
201504 13.828 99.824 18.566
201507 13.331 100.691 17.745
201510 13.248 100.346 17.695
201601 13.980 99.957 18.745
201604 13.635 100.947 18.103
201607 13.596 101.524 17.949
201610 13.525 101.988 17.774
201701 13.915 102.456 18.203
201704 15.081 103.167 19.592
201707 13.846 103.278 17.969
201710 13.886 104.070 17.883
201801 13.391 104.578 17.162
201804 13.943 105.708 17.679
201807 15.638 106.324 19.713
201810 16.150 106.695 20.287
201901 16.675 106.200 21.045
201904 17.192 107.818 21.371
201907 17.903 108.250 22.166
201910 18.477 108.577 22.808
202001 18.427 108.841 22.691
202004 19.494 108.173 24.153
202007 18.765 109.318 23.007
202010 18.475 109.861 22.539
202101 17.889 110.364 21.725
202104 20.653 112.673 24.568
202107 20.398 115.183 23.735
202110 20.846 116.696 23.942
202201 21.375 118.619 24.152
202204 22.563 121.978 24.792
202207 23.597 125.002 25.301
202210 24.509 125.734 26.126
202301 22.829 126.223 24.241
202304 19.166 127.992 20.070
202307 19.755 128.974 20.529
202310 26.715 129.810 27.583
202401 26.525 130.124 27.321
202404 27.255 132.289 27.613
202407 27.639 132.708 27.914
202410 27.939 133.182 28.117
202501 29.476 134.029 29.476

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.


AeroVironment  (STU:JPX) 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.


AeroVironment Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AeroVironment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AeroVironment Business Description

Traded in Other Exchanges
Address
241 18th Street South, Suite 415, Arlington, VA, USA, 22202
AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide eyes in the sky without needing an actual person, or driver in the sky.

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