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Mazda Motor (Mazda Motor) Cyclically Adjusted PB Ratio : 0.78 (As of Apr. 27, 2024)


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What is Mazda Motor Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Mazda Motor's current share price is $5.33. Mazda Motor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.82. Mazda Motor's Cyclically Adjusted PB Ratio for today is 0.78.

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

MZDAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.78   Max: 2.07
Current: 0.86

During the past years, Mazda Motor's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 0.35. And the median was 0.78.

MZDAY's Cyclically Adjusted PB Ratio is ranked better than
63.71% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs MZDAY: 0.86

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.

Mazda Motor's adjusted book value per share data for the three months ended in Dec. 2023 was $8.944. 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 $6.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mazda Motor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mazda Motor'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.

Mazda Motor Cyclically Adjusted PB Ratio Chart

Mazda Motor 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 0.87 0.39 0.60 0.56 0.68

Mazda Motor 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 0.57 0.68 0.75 0.89 0.78

Competitive Comparison of Mazda Motor's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Mazda Motor'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.


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

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

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



Mazda Motor 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.

Mazda Motor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.33/6.82
=0.78

* 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.

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

For example, Mazda Motor'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)
=8.944/106.8000*106.8000
=8.944

Current CPI (Dec. 2023) = 106.8000.

Mazda Motor Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.400 95.700 6.026
201406 5.805 98.000 6.326
201409 6.419 98.500 6.960
201412 6.173 97.900 6.734
201503 6.041 97.900 6.590
201506 6.078 98.400 6.597
201509 6.586 98.500 7.141
201512 6.671 98.100 7.263
201603 7.065 97.900 7.707
201606 7.582 98.100 8.254
201609 8.044 98.000 8.766
201612 7.273 98.400 7.894
201703 7.700 98.100 8.383
201706 8.011 98.500 8.686
201709 8.282 98.800 8.953
201712 8.252 99.400 8.866
201803 8.933 99.200 9.617
201806 8.651 99.200 9.314
201809 8.534 99.900 9.123
201812 8.493 99.700 9.098
201903 8.597 99.700 9.209
201906 8.794 99.800 9.411
201909 8.904 100.100 9.500
201912 8.885 100.500 9.442
202003 8.666 100.300 9.228
202006 8.112 99.900 8.672
202009 8.014 99.900 8.568
202012 8.322 99.300 8.951
202103 8.634 99.900 9.230
202106 8.608 99.500 9.240
202109 8.681 100.100 9.262
202112 8.501 100.100 9.070
202203 8.713 101.100 9.204
202206 7.936 101.800 8.326
202209 7.832 103.100 8.113
202212 8.187 104.100 8.399
202303 8.551 104.400 8.748
202306 8.408 105.200 8.536
202309 8.536 106.200 8.584
202312 8.944 106.800 8.944

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.


Mazda Motor  (OTCPK:MZDAY) 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.


Mazda Motor Cyclically Adjusted PB Ratio Related Terms

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


Mazda Motor (Mazda Motor) Business Description

Traded in Other Exchanges
Address
3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.