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B/E Aerospace (B/E Aerospace) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is B/E Aerospace Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


B/E Aerospace Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B/E Aerospace'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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B/E Aerospace Cyclically Adjusted PB Ratio Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of B/E Aerospace's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, B/E Aerospace'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.


B/E Aerospace's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where B/E Aerospace's Cyclically Adjusted PB Ratio falls into.



B/E Aerospace 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.

B/E Aerospace's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, B/E Aerospace's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=2.133/101.8627*101.8627
=2.133

Current CPI (Dec. 2016) = 101.8627.

B/E Aerospace Quarterly Data

Book Value per Share CPI Adj_Book
200703 12.085 86.640 14.208
200706 12.517 87.906 14.504
200709 13.142 87.964 15.218
200712 13.513 88.616 15.533
200803 14.220 90.090 16.078
200806 14.847 92.320 16.382
200809 15.610 92.307 17.226
200812 12.537 88.697 14.398
200903 12.863 89.744 14.600
200906 13.519 91.003 15.132
200909 13.946 91.120 15.590
200912 14.136 91.111 15.804
201003 14.316 91.821 15.882
201006 14.532 91.962 16.097
201009 15.442 92.162 17.067
201012 15.498 92.474 17.071
201103 16.324 94.283 17.636
201106 17.118 95.235 18.309
201109 17.568 95.727 18.694
201112 17.937 95.213 19.190
201203 18.797 96.783 19.784
201206 19.378 96.819 20.387
201209 19.856 97.633 20.716
201212 20.673 96.871 21.738
201303 21.250 98.209 22.040
201306 22.284 98.518 23.041
201309 23.653 98.790 24.389
201312 24.685 98.326 25.573
201403 25.788 99.695 26.349
201406 26.993 100.560 27.343
201409 27.287 100.428 27.677
201412 0.095 99.070 0.098
201503 0.227 99.621 0.232
201506 1.149 100.684 1.162
201509 0.842 100.392 0.854
201512 0.538 99.792 0.549
201603 0.914 100.470 0.927
201606 1.168 101.688 1.170
201609 1.883 101.861 1.883
201612 2.133 101.863 2.133

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.


B/E Aerospace  (NAS:BEAV) 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.


B/E Aerospace Cyclically Adjusted PB Ratio Related Terms

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


B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

B/E Aerospace (B/E Aerospace) Headlines

From GuruFocus

BE Aerospace Inc. (BEAV) Sr. VP & CFO Thomas P Mccaffrey sells 53,580 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009

BE Aerospace Inc. (BEAV) Chairman & CEO Amin J Khoury sells 61,623 Shares

By GuruFocus Research GuruFocus Editor 09-16-2010

BE Aerospace Inc. (BEAV) Chairman & CEO Amin J Khoury sells 6,250 Shares

By GuruFocus Research GuruFocus Editor 12-30-2009

BE Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

BE Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 08-04-2010

BE Aerospace Inc. (BEAV) President and COO Michael B Baughan sells 46,632 Shares

By GuruFocus Research GuruFocus Editor 12-17-2010

BE Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-04-2010

BE Aerospace Inc. (BEAV) President & COO Michael B Baughan sells 41,564 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009