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V2X (FRA:1V1) Cyclically Adjusted PB Ratio : 2.05 (As of Jun. 07, 2024)


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What is V2X Cyclically Adjusted PB Ratio?

As of today (2024-06-07), V2X's current share price is €43.80. V2X's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €21.34. V2X's Cyclically Adjusted PB Ratio for today is 2.05.

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

FRA:1V1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.94   Max: 2.35
Current: 2.05

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.

FRA:1V1's Cyclically Adjusted PB Ratio is ranked better than
55.61% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.44 vs FRA:1V1: 2.05

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 Mar. 2024 was €29.067. 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 €21.34 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.80 2.20 2.25 2.02 2.00

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
=43.80/21.34
=2.05

* 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 Mar. 2024 is calculated as:

For example, V2X's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=29.067/131.7762*131.7762
=29.067

Current CPI (Mar. 2024) = 131.7762.

V2X Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.162 100.560 19.869
201409 5.277 100.428 6.924
201412 4.167 99.070 5.543
201503 5.183 99.621 6.856
201506 5.687 100.684 7.443
201509 7.009 100.392 9.200
201512 7.726 99.792 10.202
201603 8.163 100.470 10.707
201606 8.589 101.688 11.130
201609 9.294 101.861 12.024
201612 10.215 101.863 13.215
201703 10.657 102.862 13.653
201706 10.788 103.349 13.755
201709 10.729 104.136 13.577
201712 13.934 104.011 17.654
201803 13.852 105.290 17.337
201806 15.263 106.317 18.918
201809 16.112 106.507 19.935
201812 17.265 105.998 21.464
201903 17.794 107.251 21.863
201906 18.435 108.070 22.479
201909 19.597 108.329 23.839
201912 20.217 108.420 24.572
202003 20.637 108.902 24.972
202006 20.591 108.767 24.947
202009 20.733 109.815 24.879
202012 21.563 109.897 25.856
202103 22.577 111.754 26.622
202106 23.561 114.631 27.085
202109 24.775 115.734 28.209
202112 26.395 117.630 29.569
202203 27.242 121.301 29.595
202206 29.027 125.017 30.596
202209 32.773 125.227 34.487
202212 30.890 125.222 32.507
202303 29.476 127.348 30.501
202306 29.480 128.729 30.178
202309 29.717 129.860 30.156
202312 29.128 129.419 29.658
202403 29.067 131.776 29.067

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  (FRA:1V1) 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 (FRA:1V1) 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.

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