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Kratos Defense & Security Solutions (STU:WF5A) Cyclically Adjusted PB Ratio : 3.22 (As of May. 26, 2024)


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What is Kratos Defense & Security Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Kratos Defense & Security Solutions's current share price is €19.67. Kratos Defense & Security Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.11. Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio for today is 3.22.

The historical rank and industry rank for Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:WF5A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.75   Max: 5.43
Current: 3.23

During the past years, Kratos Defense & Security Solutions's highest Cyclically Adjusted PB Ratio was 5.43. The lowest was 0.23. And the median was 1.75.

STU:WF5A's Cyclically Adjusted PB Ratio is ranked worse than
60.78% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.44 vs STU:WF5A: 3.23

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.

Kratos Defense & Security Solutions's adjusted book value per share data for the three months ended in Mar. 2024 was €8.010. 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 €6.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kratos Defense & Security Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions Cyclically Adjusted PB Ratio Chart

Kratos Defense & Security Solutions 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 2.84 4.53 3.20 1.65 3.12

Kratos Defense & Security Solutions 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 2.12 2.23 2.31 3.12 2.76

Competitive Comparison of Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.


Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio falls into.



Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.67/6.11
=3.22

* 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.

Kratos Defense & Security Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kratos Defense & Security Solutions'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)
=8.01/131.7762*131.7762
=8.010

Current CPI (Mar. 2024) = 131.7762.

Kratos Defense & Security Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.038 100.560 3.981
201409 3.102 100.428 4.070
201412 3.147 99.070 4.186
201503 3.354 99.621 4.437
201506 3.029 100.684 3.964
201509 3.885 100.392 5.100
201512 3.946 99.792 5.211
201603 3.537 100.470 4.639
201606 3.365 101.688 4.361
201609 3.005 101.861 3.888
201612 3.544 101.863 4.585
201703 3.801 102.862 4.869
201706 3.565 103.349 4.546
201709 4.320 104.136 5.467
201712 4.184 104.011 5.301
201803 4.015 105.290 5.025
201806 4.188 106.317 5.191
201809 4.228 106.507 5.231
201812 4.399 105.998 5.469
201903 4.621 107.251 5.678
201906 4.675 108.070 5.701
201909 4.842 108.329 5.890
201912 4.845 108.420 5.889
202003 4.909 108.902 5.940
202006 5.976 108.767 7.240
202009 5.777 109.815 6.932
202012 6.181 109.897 7.412
202103 6.307 111.754 7.437
202106 6.274 114.631 7.212
202109 6.457 115.734 7.352
202112 6.746 117.630 7.557
202203 6.782 121.301 7.368
202206 7.064 125.017 7.446
202209 7.501 125.227 7.893
202212 7.016 125.222 7.383
202303 6.866 127.348 7.105
202306 6.838 128.729 7.000
202309 6.975 129.860 7.078
202312 6.923 129.419 7.049
202403 8.010 131.776 8.010

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.


Kratos Defense & Security Solutions  (STU:WF5A) 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.


Kratos Defense & Security Solutions Cyclically Adjusted PB Ratio Related Terms

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


Kratos Defense & Security Solutions (STU:WF5A) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.

Kratos Defense & Security Solutions (STU:WF5A) Headlines

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