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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Cyclically Adjusted PB Ratio : 1.01 (As of Apr. 29, 2024)


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What is Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Bayerische Motoren Werke AG's current share price is $113.745. Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $113.16. Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is 1.01.

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

BAMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.1   Max: 1.86
Current: 1.04

During the past years, Bayerische Motoren Werke AG's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.65. And the median was 1.10.

BAMXF's Cyclically Adjusted PB Ratio is ranked better than
56.97% of 904 companies
in the Vehicles & Parts industry
Industry Median: 1.235 vs BAMXF: 1.04

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.

Bayerische Motoren Werke AG's adjusted book value per share data for the three months ended in Dec. 2023 was $152.972. 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 $113.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Chart

Bayerische Motoren Werke AG 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 1.15 1.05 1.14 0.91 0.98

Bayerische Motoren Werke AG 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 0.91 1.05 1.14 0.95 0.98

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio falls into.



Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.745/113.16
=1.01

* 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.

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

For example, Bayerische Motoren Werke AG'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)
=152.972/123.6675*123.6675
=152.972

Current CPI (Dec. 2023) = 123.6675.

Bayerische Motoren Werke AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 77.492 99.543 96.273
201406 74.871 99.543 93.017
201409 72.082 99.823 89.301
201412 69.908 99.543 86.851
201503 59.151 99.717 73.358
201506 65.511 100.417 80.680
201509 69.739 100.417 85.887
201512 70.537 99.717 87.479
201603 75.461 100.017 93.305
201606 74.687 100.717 91.706
201609 77.218 101.017 94.532
201612 75.622 101.217 92.395
201703 80.267 101.417 97.877
201706 85.877 102.117 104.000
201709 95.007 102.717 114.385
201712 96.769 102.617 116.620
201803 105.019 102.917 126.193
201806 98.206 104.017 116.758
201809 100.033 104.718 118.135
201812 98.996 104.217 117.472
201903 98.879 104.217 117.333
201906 96.903 105.718 113.356
201909 96.346 106.018 112.386
201912 100.045 105.818 116.921
202003 101.696 105.718 118.963
202006 98.875 106.618 114.687
202009 106.687 105.818 124.684
202012 112.291 105.518 131.606
202103 117.004 107.518 134.578
202106 125.761 108.486 143.360
202109 127.758 109.435 144.374
202112 127.048 110.384 142.337
202203 141.758 113.968 153.822
202206 134.363 115.760 143.541
202209 129.206 118.818 134.480
202212 139.240 119.345 144.283
202303 144.546 122.402 146.040
202306 140.054 123.140 140.653
202309 142.336 124.195 141.732
202312 152.972 123.668 152.972

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.


Bayerische Motoren Werke AG  (OTCPK:BAMXF) 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.


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Related Terms

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


Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Headlines

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