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General Dynamics (FRA:GDX) Cyclically Adjusted PB Ratio : 4.24 (As of Jun. 23, 2025)


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What is General Dynamics Cyclically Adjusted PB Ratio?

As of today (2025-06-23), General Dynamics's current share price is €242.80. General Dynamics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €57.21. General Dynamics's Cyclically Adjusted PB Ratio for today is 4.24.

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

FRA:GDX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.79   Med: 4.46   Max: 6.13
Current: 4.51

During the past years, General Dynamics's highest Cyclically Adjusted PB Ratio was 6.13. The lowest was 2.79. And the median was 4.46.

FRA:GDX's Cyclically Adjusted PB Ratio is ranked worse than
62.14% of 206 companies
in the Aerospace & Defense industry
Industry Median: 3.115 vs FRA:GDX: 4.51

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.

General Dynamics's adjusted book value per share data for the three months ended in Mar. 2025 was €76.596. 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 €57.21 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cyclically Adjusted PB Ratio Chart

General Dynamics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 4.49 4.84 4.67 4.38

General Dynamics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.94 4.98 5.10 4.38 4.41

Competitive Comparison of General Dynamics's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, General Dynamics'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.


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

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

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


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General Dynamics 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.

General Dynamics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=242.80/57.21
=4.24

* 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.

General Dynamics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=76.596/134.9266*134.9266
=76.596

Current CPI (Mar. 2025) = 134.9266.

General Dynamics Quarterly Data

Book Value per Share CPI Adj_Book
201506 31.131 100.684 41.719
201509 30.254 100.392 40.662
201512 31.495 99.792 42.584
201603 31.090 100.470 41.752
201606 32.054 101.688 42.531
201609 33.113 101.861 43.862
201612 32.291 101.863 42.772
201703 32.799 102.862 43.023
201706 32.549 103.349 42.494
201709 32.494 104.136 42.102
201712 32.545 104.011 42.218
201803 32.147 105.290 41.196
201806 34.652 106.317 43.977
201809 36.910 106.507 46.759
201812 35.720 105.998 45.469
201903 37.481 107.251 47.153
201906 39.454 108.070 49.259
201909 42.411 108.329 52.824
201912 43.438 108.420 54.058
202003 41.643 108.902 51.595
202006 42.987 108.767 53.326
202009 43.537 109.815 53.493
202012 44.937 109.897 55.172
202103 45.597 111.754 55.052
202106 45.490 114.631 53.544
202109 47.857 115.734 55.793
202112 56.236 117.630 64.505
202203 58.900 121.301 65.516
202206 59.955 125.017 64.707
202209 64.934 125.227 69.964
202212 63.876 125.222 68.826
202303 64.983 127.348 68.850
202306 65.844 128.729 69.014
202309 68.523 129.860 71.197
202312 71.386 129.419 74.424
202403 71.792 131.776 73.508
202406 74.502 132.554 75.836
202409 75.276 133.029 76.350
202412 77.939 133.157 78.975
202503 76.596 134.927 76.596

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.


General Dynamics  (FRA:GDX) 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.


General Dynamics Cyclically Adjusted PB Ratio Related Terms

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


General Dynamics Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment manufactures Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units: an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics Headlines

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