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GM (General Motors Co) Cyclically Adjusted Book per Share : $43.31 (As of Mar. 2025)


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What is General Motors Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

General Motors Co's adjusted book value per share for the three months ended in Mar. 2025 was $66.638. 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 $43.31 for the trailing ten years ended in Mar. 2025.

During the past 12 months, General Motors Co's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of General Motors Co was 11.80% per year. The lowest was 7.70% per year. And the median was 10.90% per year.

As of today (2025-07-02), General Motors Co's current stock price is $52.68. General Motors Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $43.31. General Motors Co's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of General Motors Co was 2.28. The lowest was 0.70. And the median was 1.21.


General Motors Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for General Motors Co's Cyclically Adjusted Book 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.

General Motors Co Cyclically Adjusted Book per Share Chart

General Motors Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.95 30.17 34.15 37.68 41.86

General Motors Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book 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 39.07 40.06 40.99 41.86 43.31

Competitive Comparison of General Motors Co's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, General Motors Co'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.


General Motors Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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


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General Motors Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, General Motors Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=66.638/134.9266*134.9266
=66.638

Current CPI (Mar. 2025) = 134.9266.

General Motors Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.188 100.684 29.734
201509 21.649 100.392 29.096
201512 26.581 99.792 35.939
201603 27.288 100.470 36.646
201606 27.269 101.688 36.182
201609 29.813 101.861 39.491
201612 29.224 101.863 38.710
201703 30.648 102.862 40.202
201706 30.347 103.349 39.619
201709 30.174 104.136 39.096
201712 25.001 104.011 32.432
201803 24.499 105.290 31.395
201806 25.844 106.317 32.799
201809 27.186 106.507 34.440
201812 27.757 105.998 35.332
201903 29.118 107.251 36.632
201906 30.583 108.070 38.183
201909 31.183 108.329 38.839
201912 29.851 108.420 37.149
202003 28.006 108.902 34.699
202006 28.074 108.767 34.826
202009 30.958 109.815 38.037
202012 32.164 109.897 39.490
202103 34.531 111.754 41.691
202106 34.446 114.631 40.545
202109 36.100 115.734 42.086
202112 39.829 117.630 45.686
202203 41.397 121.301 46.047
202206 42.636 125.017 46.016
202209 46.620 125.227 50.231
202212 48.423 125.222 52.176
202303 49.912 127.348 52.882
202306 51.182 128.729 53.646
202309 53.196 129.860 55.272
202312 53.572 129.419 55.852
202403 60.544 131.776 61.991
202406 62.394 132.554 63.511
202409 64.486 133.029 65.406
202412 63.072 133.157 63.910
202503 66.638 134.927 66.638

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


General Motors Co  (NYSE:GM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

General Motors Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.68/43.31
=1.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of General Motors Co was 2.28. The lowest was 0.70. And the median was 1.21.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


General Motors Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of General Motors Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


General Motors Co Business Description

Address
300 Renaissance Center, Detroit, MI, USA, 48265-3000
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2024's share was 17.0%. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.
Executives
Rory Harvey officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Craig B. Glidden officer: Executive Vice President & GC 300 RENAISSANCE CENTER., M/C: 482-C25-A36, DETROIT MI 48265-3000
Mary T Barra officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Mark L Reuss officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Paul A Jacobson officer: Executive Vice President & CFO 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Julian G. Blissett officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Christopher Hatto officer: VP, Controller & CAO 27175 HAGGERTY ROAD, NOVI MI 49377
Gerald Johnson officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Jan E Tighe director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Michael Robert Abbott officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Stephen K. Carlisle officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Jon Mcneill director 45500 FREMONT BLVD, FREMONT CA 94538
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Wesley G Bush director 333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Patricia F Russo director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265