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V2X (VVX) Cyclically Adjusted Book per Share : $23.40 (As of Mar. 2024)


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What is V2X Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2024 was $31.595. 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 $23.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, V2X's average Cyclically Adjusted Book Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-11), V2X's current stock price is $46.49. V2X's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.40. V2X's Cyclically Adjusted PB Ratio of today is 1.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of V2X was 2.35. The lowest was 1.45. And the median was 1.94.


V2X Cyclically Adjusted Book per Share Historical Data

The historical data trend for V2X's Cyclically Adjusted Book per Share 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 Book per Share Chart

V2X Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 21.42 23.04

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 Book per Share 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 22.04 22.53 22.95 23.04 23.40

Competitive Comparison of V2X's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=31.595/131.7762*131.7762
=31.595

Current CPI (Mar. 2024) = 131.7762.

V2X Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.600 100.560 26.995
201409 6.800 100.428 8.923
201412 5.138 99.070 6.834
201503 5.609 99.621 7.419
201506 6.382 100.684 8.353
201509 7.867 100.392 10.326
201512 8.416 99.792 11.113
201603 9.090 100.470 11.922
201606 9.651 101.688 12.507
201609 10.431 101.861 13.494
201612 10.776 101.863 13.941
201703 11.398 102.862 14.602
201706 12.121 103.349 15.455
201709 12.788 104.136 16.182
201712 16.490 104.011 20.892
201803 17.081 105.290 21.378
201806 17.831 106.317 22.101
201809 18.800 106.507 23.260
201812 19.642 105.998 24.419
201903 20.106 107.251 24.704
201906 20.830 108.070 25.399
201909 21.583 108.329 26.254
201912 22.464 108.420 27.303
202003 22.804 108.902 27.594
202006 23.188 108.767 28.093
202009 24.420 109.815 29.304
202012 26.232 109.897 31.455
202103 26.877 111.754 31.692
202106 28.387 114.631 32.633
202109 29.147 115.734 33.187
202112 29.825 117.630 33.412
202203 30.002 121.301 32.593
202206 30.684 125.017 32.343
202209 32.449 125.227 34.146
202212 32.723 125.222 34.436
202303 31.558 127.348 32.655
202306 31.940 128.729 32.696
202309 31.715 129.860 32.183
202312 31.765 129.419 32.343
202403 31.595 131.776 31.595

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


V2X  (NYSE:VVX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.49/23.4
=1.99

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of V2X was 2.35. The lowest was 1.45. And the median was 1.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


V2X Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of V2X's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


V2X (VVX) 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.
Executives
William Boyd Noon officer: CVP, Chief Accounting Officer 150 FIELD DRIVE, SUITE 250, LAKE FOREST IL 60045
Kevin T Boyle officer: SVP, CLO & General Counsel 2424 GARDEN OF THE GODS ROAD, COLORADO SPRINGS CO 80919
Michael James Smith officer: See Remarks C/O VECTRUS, INC., 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Shawn Mural officer: Senior Vice President and CFO 15197 CARVER COURT, WATERFORD VA 20197
Josephine F. Bjornson officer: Chief Human Resources Officer 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Abbas Elegba director 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Dino M Cusumano director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Aipcf Vi Vertex Aerospace Funding Lp 10 percent owner C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Aipcf Vi, Llc 10 percent owner 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Lightship Capital Llc 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017
Stephen L Waechter director 1100 N GLEBE ROAD, ARLINGTON VA 22201
Eric M Pillmore director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Joel M. Rotroff director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Neil Snyder director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, SUITE 500, MILWAUKEE WI 53202
American Industrial Partners Capital Fund Vi, L.p. 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017