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AutoCanada (AutoCanada) Cyclically Adjusted PB Ratio : 1.40 (As of Apr. 27, 2024)


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What is AutoCanada Cyclically Adjusted PB Ratio?

As of today (2024-04-27), AutoCanada's current share price is $17.615. AutoCanada's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.57. AutoCanada's Cyclically Adjusted PB Ratio for today is 1.40.

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

AOCIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.6   Max: 4.25
Current: 1.28

During the past years, AutoCanada's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 0.39. And the median was 1.60.

AOCIF's Cyclically Adjusted PB Ratio is ranked worse than
51.83% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs AOCIF: 1.28

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.

AutoCanada's adjusted book value per share data for the three months ended in Dec. 2023 was $16.893. 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 $12.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AutoCanada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AutoCanada'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.

AutoCanada Cyclically Adjusted PB Ratio Chart

AutoCanada 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 1.01 1.81 2.91 1.40 1.25

AutoCanada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.40 1.16 1.09 1.34 1.25

Competitive Comparison of AutoCanada's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, AutoCanada'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.


AutoCanada's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoCanada's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AutoCanada 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.

AutoCanada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.615/12.57
=1.40

* 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.

AutoCanada's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AutoCanada's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.893/125.4675*125.4675
=16.893

Current CPI (Dec. 2023) = 125.4675.

AutoCanada Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.366 98.604 10.645
201406 8.810 99.473 11.112
201409 15.369 99.394 19.401
201412 13.550 98.367 17.283
201503 12.349 99.789 15.527
201506 12.839 100.500 16.029
201509 12.143 100.421 15.172
201512 12.033 99.947 15.105
201603 12.487 101.054 15.504
201606 13.078 102.002 16.087
201609 11.908 101.765 14.682
201612 12.060 101.449 14.915
201703 12.008 102.634 14.680
201706 12.707 103.029 15.474
201709 14.101 103.345 17.120
201712 13.961 103.345 16.950
201803 14.498 105.004 17.323
201806 13.178 105.557 15.664
201809 12.696 105.636 15.079
201812 11.416 105.399 13.590
201903 10.469 106.979 12.278
201906 10.322 107.690 12.026
201909 10.422 107.611 12.151
201912 9.789 107.769 11.397
202003 7.642 107.927 8.884
202006 7.284 108.401 8.431
202009 8.689 108.164 10.079
202012 9.803 108.559 11.330
202103 10.645 110.298 12.109
202106 12.254 111.720 13.762
202109 12.236 112.905 13.597
202112 14.146 113.774 15.600
202203 13.907 117.646 14.832
202206 11.404 120.806 11.844
202209 14.180 120.648 14.746
202212 14.342 120.964 14.876
202303 14.565 122.702 14.893
202306 16.376 124.203 16.543
202309 16.908 125.230 16.940
202312 16.893 125.468 16.893

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.


AutoCanada  (OTCPK:AOCIF) 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.


AutoCanada Cyclically Adjusted PB Ratio Related Terms

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


AutoCanada (AutoCanada) Business Description

Traded in Other Exchanges
Address
15511 123 Avenue NW, Suite 200, Edmonton, AB, CAN, T5V 0C3
AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru. The majority of revenue is generated in the new-vehicles sales segment.

AutoCanada (AutoCanada) Headlines

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