Bayerische Motoren Werke AG (BSE:BMW) Cyclically Adjusted Book per Share: lei686.79 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSE:BMW Bayerische Motoren Werke AG BSE:BMW
78 GF Score
Price lei330.00
GF Value lei410.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Bayerische Motoren Werke AG Cyclically Adjusted Book per Share?

Bayerische Motoren Werke AG BSE:BMW +0.64% 78 Cyclically Adjusted Book per Share is lei686.79 as of Jun. 2026. GuruFocus rates BSE:BMW with a GF Score™ of 78/100 and a GF Value™ of lei410.25 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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 Jun. 2026 was lei830.890. 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 lei686.79 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bayerische Motoren Werke AG's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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 14.50% per year. The lowest was 9.20% per year. And the median was 11.65% per year.

As of today (2026-09-12), Bayerische Motoren Werke AG's current stock price is lei330.00. Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was lei686.79. Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bayerische Motoren Werke AG was 1.86. The lowest was 0.44. And the median was 1.02.


Bayerische Motoren Werke AG  (BSE:BMW) 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
=330.00/686.79
=0.48

* 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 0.44. And the median was 1.02.


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


Bayerische Motoren Werke AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Bayerische Motoren Werke AG Cyclically Adjusted Book per Share Chart

Bayerische Motoren Werke AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 385.03 450.95 515.23 551.22 627.63

Bayerische Motoren Werke AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 596.02 612.18 627.63 648.30 686.79

BSE:BMW vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSE:BMW
78GF Score
Bayerische Motoren Werke AG BSE:BMW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=830.89/131.3638*131.3638
=830.890

Current CPI (Jun. 2026) = 131.3638.

Bayerische Motoren Werke AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 349.782 101.017 454.862
201612 342.553 101.217 444.581
201703 363.595 101.417 470.959
201706 389.004 102.117 500.417
201709 430.364 102.717 550.388
201712 438.345 102.617 561.141
201803 475.714 102.917 607.203
201806 444.855 104.017 561.809
201809 453.130 104.718 568.433
201812 448.431 104.217 565.238
201903 447.903 104.217 564.572
201906 438.952 105.718 545.438
201909 435.938 106.018 540.160
201912 453.181 105.818 562.587
202003 460.660 105.718 572.412
202006 447.885 106.618 551.839
202009 482.669 105.818 599.194
202012 508.656 105.518 633.250
202103 530.004 107.518 647.551
202106 569.672 108.486 689.807
202109 578.718 109.435 694.685
202112 575.501 110.384 684.885
202203 642.136 113.968 740.149
202206 608.639 115.760 690.678
202209 585.276 118.818 647.075
202212 630.728 119.345 694.247
202303 654.763 122.402 702.700
202306 634.416 123.140 676.783
202309 674.555 124.195 713.494
202312 698.577 123.773 741.420
202403 716.233 125.038 752.467
202406 699.705 125.882 730.178
202409 732.859 126.198 762.859
202412 703.683 127.041 727.626
202503 737.963 127.779 758.665
202506 781.540 128.412 799.506
202509 814.282 129.255 827.566
202512 836.064 129.361 849.011
202603 838.974 131.258 839.648
202606 830.890 131.364 830.890

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

What does a Cyclically Adjusted Book per Share of lei686.79 mean?
Bayerische Motoren Werke AG (BSE:BMW) has a Cyclically Adjusted Book per Share of lei686.79 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Bayerische Motoren Werke AG and its competitors.
Is Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share too high?
Bayerische Motoren Werke AG's current Cyclically Adjusted Book per Share is lei686.79. Overall, Bayerische Motoren Werke AG has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share compare to TSLA and GM?
Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share of lei686.79 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Bayerische Motoren Werke AG and its competitors. Bayerische Motoren Werke AG's current Cyclically Adjusted Book per Share is lei686.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayerische Motoren Werke AG stock overvalued right now?
Based on GuruFocus' analysis, Bayerische Motoren Werke AG (BSE:BMW) is currently considered Modestly Undervalued. The stock's GF Value™ is lei410.25, compared to a current price of lei330.00 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is lei686.79. Bayerische Motoren Werke AG's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Bayerische Motoren Werke AG (BSE:BMW), the current Cyclically Adjusted Book per Share is lei686.79 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bayerische Motoren Werke AG (BSE:BMW) Overvalued in 2026?

Based on GuruFocus' analysis, Bayerische Motoren Werke AG stock appears to be undervalued. The current stock price of lei330.00 is trading 19.6% below its estimated GF Value™ of lei410.25. GuruFocus considers Bayerische Motoren Werke AG to be Modestly Undervalued.

Key valuation signals for BSE:BMW:

  • Cyclically Adjusted Book per Share: lei686.79
  • GF Value™: lei410.25 vs. price of lei330.00 (19.6% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BSE:BMW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bayerische Motoren Werke AG Business Description

Address Petuelring 130, Munich, BY, DEU, 80809
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.7 million vehicles in 2025, or which 2.5 million were passenger cars. In terms of sales volume, Europe and Asia are BMW's largest regions, contributing 43% and 33%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end vehicles.
78GF Score

Get the complete analysis for BSE:BMW

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

lei330.00
Price
lei410.25
GF Value