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FTAI Aviation (FTAI Aviation) Cyclically Adjusted PB Ratio : 5.47 (As of Apr. 27, 2024)


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What is FTAI Aviation Cyclically Adjusted PB Ratio?

As of today (2024-04-27), FTAI Aviation's current share price is $70.75. FTAI Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.94. FTAI Aviation's Cyclically Adjusted PB Ratio for today is 5.47.

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

FTAI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 2.74   Max: 5.66
Current: 5.66

During the past years, FTAI Aviation's highest Cyclically Adjusted PB Ratio was 5.66. The lowest was 2.03. And the median was 2.74.

FTAI's Cyclically Adjusted PB Ratio is ranked worse than
86.38% of 646 companies
in the Business Services industry
Industry Median: 1.53 vs FTAI: 5.66

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.

FTAI Aviation's adjusted book value per share data for the three months ended in Dec. 2023 was $1.748. 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 $12.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FTAI Aviation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FTAI 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.

* Premium members only.

FTAI Aviation Cyclically Adjusted PB Ratio Chart

FTAI Aviation 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 - - - - 3.58

FTAI Aviation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 2.12 2.38 2.72 3.58

Competitive Comparison of FTAI Aviation's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, FTAI 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.


FTAI Aviation's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTAI Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FTAI 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.

FTAI Aviation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.75/12.94
=5.47

* 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.

FTAI Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FTAI Aviation'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)
=1.748/129.4194*129.4194
=1.748

Current CPI (Dec. 2023) = 129.4194.

FTAI Aviation Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 6.412 100.560 8.252
201409 0.000 100.428 0.000
201412 8.359 99.070 10.920
201503 8.952 99.621 11.630
201506 16.101 100.684 20.696
201509 15.793 100.392 20.359
201512 15.403 99.792 19.976
201603 14.994 100.470 19.314
201606 14.519 101.688 18.478
201609 14.171 101.861 18.005
201612 13.912 101.863 17.676
201703 13.587 102.862 17.095
201706 13.157 103.349 16.476
201709 12.943 104.136 16.086
201712 12.499 104.011 15.552
201803 12.649 105.290 15.548
201806 12.416 106.317 15.114
201809 12.133 106.507 14.743
201812 11.867 105.998 14.489
201903 10.889 107.251 13.140
201906 11.655 108.070 13.958
201909 12.492 108.329 14.924
201912 15.330 108.420 18.299
202003 15.029 108.902 17.861
202006 14.281 108.767 16.993
202009 13.727 109.815 16.178
202012 12.574 109.897 14.808
202103 13.136 111.754 15.212
202106 11.997 114.631 13.545
202109 12.231 115.734 13.677
202112 11.334 117.630 12.470
202203 7.741 121.301 8.259
202206 7.044 125.017 7.292
202209 0.255 125.227 0.264
202212 0.188 125.222 0.194
202303 0.737 127.348 0.749
202306 0.909 128.729 0.914
202309 0.941 129.860 0.938
202312 1.748 129.419 1.748

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.


FTAI Aviation  (NAS:FTAI) 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.


FTAI Aviation Cyclically Adjusted PB Ratio Related Terms

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


FTAI Aviation (FTAI Aviation) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.
Executives
Adams Joseph P. Jr. director, officer: Chief Executive Officer C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Paul R Goodwin director CSX CORPORATION, 901 E. CARY STREET, RICHMOND VA 23219
Martin Tuchman director 633 PROSPECT AVE, PRINCETON NJ 08540
Eun Nam officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Washington State Investment Board 10 percent owner 2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Scott Christopher officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
A Andrew Levison director 124 WEST PUTNAM AVE, GREENWICH CT 06830
Judith A Hannaway director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jonathan Atkeson officer: CFO and COO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Wesley R Edens director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Gp Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Investors Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

FTAI Aviation (FTAI Aviation) Headlines