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Leidos Holdings (STU:S6IA) Cyclically Adjusted PB Ratio : 5.21 (As of May. 31, 2024)


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What is Leidos Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Leidos Holdings's current share price is €133.60. Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.64. Leidos Holdings's Cyclically Adjusted PB Ratio for today is 5.21.

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

STU:S6IA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 3.04   Max: 5.43
Current: 5.22

During the past years, Leidos Holdings's highest Cyclically Adjusted PB Ratio was 5.43. The lowest was 1.02. And the median was 3.04.

STU:S6IA's Cyclically Adjusted PB Ratio is ranked worse than
77.17% of 1380 companies
in the Software industry
Industry Median: 2.56 vs STU:S6IA: 5.22

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.

Leidos Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €28.996. 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 €25.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings Cyclically Adjusted PB Ratio Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 4.29 3.45 3.90 3.97

Leidos Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.23 3.35 3.97 4.71

Competitive Comparison of Leidos Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leidos Holdings 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.

Leidos Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=133.60/25.64
=5.21

* 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.

Leidos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Leidos Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=28.996/131.7762*131.7762
=28.996

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201401 14.634 98.692 19.540
201404 13.563 100.023 17.869
201407 9.557 100.520 12.529
201410 10.406 100.176 13.689
201501 11.612 98.604 15.519
201506 11.373 100.684 14.885
201509 11.806 100.392 15.497
201603 13.617 100.470 17.860
201606 13.756 101.688 17.826
201609 18.509 101.861 23.945
201612 19.813 101.863 25.631
201703 19.672 102.862 25.202
201706 19.002 103.349 24.229
201709 18.302 104.136 23.160
201712 18.859 104.011 23.893
201803 18.306 105.290 22.911
201806 19.494 106.317 24.162
201809 19.734 106.507 24.416
201812 19.916 105.998 24.759
201903 20.244 107.251 24.873
201906 20.644 108.070 25.173
201909 20.903 108.329 25.427
201912 21.785 108.420 26.478
202003 21.382 108.902 25.873
202006 22.125 108.767 26.805
202009 22.158 109.815 26.589
202012 22.306 109.897 26.747
202103 23.373 111.754 27.560
202106 23.959 114.631 27.542
202109 24.984 115.734 28.447
202112 27.125 117.630 30.387
202203 26.213 121.301 28.477
202206 27.648 125.017 29.143
202209 30.123 125.227 31.699
202212 29.622 125.222 31.172
202303 30.058 127.348 31.103
202306 30.971 128.729 31.704
202309 28.252 129.860 28.669
202312 28.375 129.419 28.892
202403 28.996 131.776 28.996

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.


Leidos Holdings  (STU:S6IA) 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.


Leidos Holdings Cyclically Adjusted PB Ratio Related Terms

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


Leidos Holdings (STU:S6IA) Business Description

Industry
Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (STU:S6IA) Headlines

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