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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Cyclically Adjusted Book per Share : $113.16 (As of Dec. 2023)


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What is Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's adjusted book value per share 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.

During the past 12 months, Bayerische Motoren Werke AG's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Bayerische Motoren Werke AG was 14.30% per year. The lowest was 9.20% per year. And the median was 11.45% per year.

As of today (2024-05-01), Bayerische Motoren Werke AG's current stock 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 of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bayerische Motoren Werke AG was 1.86. The lowest was 0.65. And the median was 1.10.


Bayerische Motoren Werke AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted Book per Share Chart

Bayerische Motoren Werke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.44 83.50 87.49 98.32 113.16

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 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 98.32 103.64 106.82 105.95 113.16

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share

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 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, 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.


Bayerische Motoren Werke AG  (OTCPK:BAMXF) 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.

Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bayerische Motoren Werke AG was 1.86. The lowest was 0.65. And the median was 1.10.


Be Aware

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


Bayerische Motoren Werke AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share 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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