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Penske Automotive Group (Penske Automotive Group) Book Value per Share : $70.42 (As of Dec. 2023)


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What is Penske Automotive Group Book Value per Share?

Penske Automotive Group's book value per share for the quarter that ended in Dec. 2023 was $70.42.

During the past 12 months, Penske Automotive Group's average Book Value Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Penske Automotive Group was 54.40% per year. The lowest was -10.40% per year. And the median was 11.45% per year.

Penske Automotive Group's current price is $155.63. Its book value per share for the quarter that ended in Dec. 2023 was $70.42. Hence, today's PB Ratio of Penske Automotive Group is 2.21.

During the past 13 years, the highest P/B Ratio of Penske Automotive Group was 2.96. The lowest was 0.64. And the median was 2.02.

Good Sign:

Penske Automotive Group Inc stock PB Ratio (=2.21) is close to 1-year low of 2.1


Penske Automotive Group Book Value per Share Historical Data

The historical data trend for Penske Automotive Group's Book Value 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.

Penske Automotive Group Book Value per Share Chart

Penske Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.45 41.08 52.47 59.53 70.42

Penske Automotive Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value 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 59.53 62.66 65.11 67.30 70.42

Competitive Comparison of Penske Automotive Group's Book Value per Share

For the Auto & Truck Dealerships subindustry, Penske Automotive Group's PB Ratio, along with its competitors' market caps and 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.


Penske Automotive Group's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Penske Automotive Group's PB Ratio falls into.



Penske Automotive Group Book Value per Share Calculation

Penske Automotive Group's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,726-0)/67
=70.42

Penske Automotive Group's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,726-0)/67
=70.42

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Penske Automotive Group  (NYSE:PAG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Penske Automotive Group Book Value per Share Related Terms

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


Penske Automotive Group (Penske Automotive Group) Business Description

Traded in Other Exchanges
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.
Executives
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kurnick Robert H Jr director, officer: President 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
John Barr director 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
Michelle Hulgrave officer: EVP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Shane M. Spradlin officer: EVP, Gen. Counsel & Sec. 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Denker Claude H Iii officer: EVP - Human Resources 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Roger S Penske director, 10 percent owner, officer: Chair & CEO 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
H Brian Thompson director 1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182
Ronald G Steinhart director 3890 WEST NORTHWEST HIGHWAY SUITE 400, DALLAS TX 75220
Michael R Eisenson director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731
Wolfgang Duerheimer director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302