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Subaru (Subaru) Cyclically Adjusted PB Ratio : 1.41 (As of Apr. 27, 2024)


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What is Subaru Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Subaru's current share price is $10.80. Subaru's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.68. Subaru's Cyclically Adjusted PB Ratio for today is 1.41.

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

FUJHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.94   Max: 6.74
Current: 1.51

During the past years, Subaru's highest Cyclically Adjusted PB Ratio was 6.74. The lowest was 1.02. And the median was 1.94.

FUJHY's Cyclically Adjusted PB Ratio is ranked worse than
57.38% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs FUJHY: 1.51

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.

Subaru's adjusted book value per share data for the three months ended in Dec. 2023 was $10.958. 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 $7.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subaru Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Subaru'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.

Subaru Cyclically Adjusted PB Ratio Chart

Subaru Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.51 1.43 1.12 1.06

Subaru 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 1.05 1.06 1.31 1.37 1.18

Competitive Comparison of Subaru's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Subaru'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.


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

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

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



Subaru 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.80/7.68
=1.41

* 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.

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

For example, Subaru'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)
=10.958/106.8000*106.8000
=10.958

Current CPI (Dec. 2023) = 106.8000.

Subaru Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.793 95.700 5.349
201406 4.981 98.000 5.428
201409 5.212 98.500 5.651
201412 5.130 97.900 5.596
201503 5.441 97.900 5.936
201506 5.634 98.400 6.115
201509 6.321 98.500 6.854
201512 6.713 98.100 7.308
201603 7.624 97.900 8.317
201606 8.112 98.100 8.831
201609 8.689 98.000 9.469
201612 7.853 98.400 8.523
201703 8.425 98.100 9.172
201706 8.753 98.500 9.491
201709 8.819 98.800 9.533
201712 8.737 99.400 9.387
201803 9.549 99.200 10.281
201806 9.227 99.200 9.934
201809 9.131 99.900 9.762
201812 9.144 99.700 9.795
201903 9.870 99.700 10.573
201906 10.137 99.800 10.848
201909 10.203 100.100 10.886
201912 10.053 100.500 10.683
202003 10.373 100.300 11.045
202006 10.188 99.900 10.892
202009 10.518 99.900 11.244
202012 10.819 99.300 11.636
202103 10.663 99.900 11.399
202106 10.560 99.500 11.335
202109 10.763 100.100 11.483
202112 10.515 100.100 11.219
202203 10.396 101.100 10.982
202206 9.606 101.800 10.078
202209 9.343 103.100 9.678
202212 9.842 104.100 10.097
202303 10.247 104.400 10.483
202306 10.295 105.200 10.452
202309 10.357 106.200 10.416
202312 10.958 106.800 10.958

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.


Subaru  (OTCPK:FUJHY) 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.


Subaru Cyclically Adjusted PB Ratio Related Terms

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


Subaru (Subaru) Business Description

Traded in Other Exchanges
Address
Ebisu Subaru Building, 1-20-8, Ebisu, Shibuya-ku, Tokyo, JPN, 150-8554
Subaru Corp is a Japan-based company engaged in the automobile manufacturing business. The company is split into three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The Automotive Business, which constitutes the vast majority of the company's revenue, manufactures, repairs, and sells passenger cars and their components under the Subaru brand. The Aerospace Company includes airplanes and aerospace-related machinery and components. The Other Businesses segment consists of Industrial product, and real estate lease, among others. A vast majority of the sales is derived from North America.

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