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Alabama Aircraft Industries (Alabama Aircraft Industries) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Alabama Aircraft Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alabama Aircraft Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alabama Aircraft Industries'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.

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Alabama Aircraft Industries Cyclically Adjusted PB Ratio Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
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Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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Competitive Comparison of Alabama Aircraft Industries's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Alabama Aircraft Industries'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.


Alabama Aircraft Industries's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



Alabama Aircraft Industries 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.

Alabama Aircraft Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2008 is calculated as:

For example, Alabama Aircraft Industries's adjusted Book Value per Share data for the three months ended in Dec. 2008 was:

Adj_Book=Book Value per Share/CPI of Dec. 2008 (Change)*Current CPI (Dec. 2008)
=-3.637/88.6974*88.6974
=-3.637

Current CPI (Dec. 2008) = 88.6974.

Alabama Aircraft Industries Quarterly Data

Book Value per Share CPI Adj_Book
199903 -1.031 69.615 -1.314
199906 -0.327 70.122 -0.414
199909 0.126 70.839 0.158
199912 0.035 71.008 0.044
200003 1.024 72.231 1.257
200006 1.653 72.737 2.016
200009 2.054 73.286 2.486
200012 2.174 73.413 2.627
200103 2.913 74.341 3.476
200106 3.785 75.100 4.470
200109 4.376 75.227 5.160
200112 4.556 74.552 5.420
200203 5.371 75.438 6.315
200206 4.453 75.902 5.204
200209 5.127 76.366 5.955
200212 2.830 76.324 3.289
200303 3.238 77.716 3.696
200306 3.897 77.505 4.460
200309 4.845 78.138 5.500
200312 5.484 77.758 6.256
200403 5.941 79.066 6.665
200406 5.789 80.037 6.415
200409 5.943 80.121 6.579
200412 4.429 80.290 4.893
200503 4.728 81.555 5.142
200506 4.642 82.062 5.017
200509 3.458 83.876 3.657
200512 2.550 83.032 2.724
200603 2.896 84.298 3.047
200606 3.126 85.606 3.239
200609 3.029 85.606 3.138
200612 1.789 85.142 1.864
200703 2.167 86.640 2.218
200706 2.298 87.906 2.319
200709 2.961 87.964 2.986
200712 3.954 88.616 3.958
200803 4.346 90.090 4.279
200806 3.918 92.320 3.764
200809 3.658 92.307 3.515
200812 -3.637 88.697 -3.637

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.


Alabama Aircraft Industries  (OTCPK:AAIIQ) 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.


Alabama Aircraft Industries Cyclically Adjusted PB Ratio Related Terms

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Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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