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Airbus SE (XSWX:AIR) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Airbus SE Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted PB Ratio Chart

Airbus SE 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 11.76 8.56 10.47 9.62 11.55

Airbus SE 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 10.61 11.16 10.53 11.55 13.74

Competitive Comparison of Airbus SE's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Airbus SE'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.


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

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

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



Airbus SE 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.

Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Airbus SE'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)
=22.597/128.5800*128.5800
=22.597

Current CPI (Mar. 2024) = 128.5800.

Airbus SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.978 99.240 21.997
201409 13.166 99.960 16.936
201412 10.826 99.050 14.054
201503 3.559 99.750 4.588
201506 7.591 100.230 9.738
201509 8.864 100.500 11.341
201512 8.250 99.730 10.637
201603 11.075 100.310 14.196
201606 8.535 100.260 10.946
201609 8.892 100.570 11.369
201612 5.089 100.710 6.497
201703 7.794 101.440 9.879
201706 12.713 101.370 16.125
201709 17.037 102.030 21.470
201712 2.354 101.970 2.968
201803 18.207 102.470 22.846
201806 13.724 103.100 17.116
201809 13.892 103.950 17.184
201812 14.145 103.970 17.493
201903 12.985 105.370 15.845
201906 10.674 105.840 12.967
201909 6.633 106.700 7.993
201912 8.339 106.800 10.040
202003 4.766 106.850 5.735
202006 1.807 107.510 2.161
202009 2.632 107.880 3.137
202012 8.888 107.850 10.596
202103 9.931 108.870 11.729
202106 12.885 109.670 15.107
202109 12.140 110.790 14.089
202112 12.539 114.010 14.141
202203 14.131 119.460 15.210
202206 11.303 119.050 12.208
202209 7.785 126.890 7.889
202212 16.229 124.940 16.702
202303 18.287 124.720 18.853
202306 18.729 125.830 19.138
202309 18.608 127.160 18.816
202312 21.191 126.450 21.548
202403 22.597 128.580 22.597

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.


Airbus SE  (XSWX:AIR) 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.


Airbus SE Cyclically Adjusted PB Ratio Related Terms

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Airbus SE (XSWX:AIR) Business Description

Industry
Address
P.O. Box 32008, Leiden, ZH, NLD, 2303 DA
Airbus is a major aerospace and defense firm. It designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.