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V2X (VVX) Cyclically Adjusted PB Ratio : 2.17 (As of Apr. 27, 2024)


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What is V2X Cyclically Adjusted PB Ratio?

As of today (2024-04-27), V2X's current share price is $50.06. V2X's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.04. V2X's Cyclically Adjusted PB Ratio for today is 2.17.

The historical rank and industry rank for V2X's Cyclically Adjusted PB Ratio or its related term are showing as below:

VVX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.94   Max: 2.35
Current: 2.17

During the past years, V2X's highest Cyclically Adjusted PB Ratio was 2.35. The lowest was 1.45. And the median was 1.94.

VVX's Cyclically Adjusted PB Ratio is ranked better than
54.23% of 201 companies
in the Aerospace & Defense industry
Industry Median: 2.47 vs VVX: 2.17

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.

V2X's adjusted book value per share data for the three months ended in Dec. 2023 was $31.765. 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 $23.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


V2X Cyclically Adjusted PB Ratio Historical Data

The historical data trend for V2X'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.

V2X Cyclically Adjusted PB Ratio Chart

V2X 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 - - - 1.93 2.02

V2X 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 1.93 1.80 2.20 2.25 2.02

Competitive Comparison of V2X's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, V2X'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.


V2X's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, V2X's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where V2X's Cyclically Adjusted PB Ratio falls into.



V2X 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.

V2X's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.06/23.04
=2.17

* 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.

V2X's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, V2X'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)
=31.765/129.4194*129.4194
=31.765

Current CPI (Dec. 2023) = 129.4194.

V2X Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.600 99.695 33.233
201406 20.600 100.560 26.512
201409 6.800 100.428 8.763
201412 5.138 99.070 6.712
201503 5.609 99.621 7.287
201506 6.382 100.684 8.203
201509 7.867 100.392 10.142
201512 8.416 99.792 10.915
201603 9.090 100.470 11.709
201606 9.651 101.688 12.283
201609 10.431 101.861 13.253
201612 10.776 101.863 13.691
201703 11.398 102.862 14.341
201706 12.121 103.349 15.179
201709 12.788 104.136 15.893
201712 16.490 104.011 20.518
201803 17.081 105.290 20.996
201806 17.831 106.317 21.706
201809 18.800 106.507 22.844
201812 19.642 105.998 23.982
201903 20.106 107.251 24.262
201906 20.830 108.070 24.945
201909 21.583 108.329 25.785
201912 22.464 108.420 26.815
202003 22.804 108.902 27.100
202006 23.188 108.767 27.591
202009 24.420 109.815 28.780
202012 26.232 109.897 30.892
202103 26.877 111.754 31.125
202106 28.387 114.631 32.049
202109 29.147 115.734 32.594
202112 29.825 117.630 32.814
202203 30.002 121.301 32.010
202206 30.684 125.017 31.765
202209 32.449 125.227 33.535
202212 32.723 125.222 33.820
202303 31.558 127.348 32.071
202306 31.940 128.729 32.111
202309 31.715 129.860 31.608
202312 31.765 129.419 31.765

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.


V2X  (NYSE:VVX) 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.


V2X Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of V2X's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


V2X (VVX) Business Description

Industry
Traded in Other Exchanges
Address
7901 Jones Branch Drive, Suite 700, McLean, VA, USA, 22102
V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.
Executives
William Boyd Noon officer: CVP, Chief Accounting Officer 150 FIELD DRIVE, SUITE 250, LAKE FOREST IL 60045
Kevin T Boyle officer: SVP, CLO & General Counsel 2424 GARDEN OF THE GODS ROAD, COLORADO SPRINGS CO 80919
Michael James Smith officer: See Remarks C/O VECTRUS, INC., 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Shawn Mural officer: Senior Vice President and CFO 15197 CARVER COURT, WATERFORD VA 20197
Josephine F. Bjornson officer: Chief Human Resources Officer 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Abbas Elegba director 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Dino M Cusumano director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Aipcf Vi Vertex Aerospace Funding Lp 10 percent owner C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Aipcf Vi, Llc 10 percent owner 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Lightship Capital Llc 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017
Stephen L Waechter director 1100 N GLEBE ROAD, ARLINGTON VA 22201
Eric M Pillmore director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Joel M. Rotroff director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Neil Snyder director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, SUITE 500, MILWAUKEE WI 53202
American Industrial Partners Capital Fund Vi, L.p. 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017