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CRMT (America's Car-Mart) Cyclically Adjusted Book per Share : $57.05 (As of Oct. 2024)


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What is America's Car-Mart 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.

America's Car-Mart's adjusted book value per share for the three months ended in Oct. 2024 was $67.074. 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 $57.05 for the trailing ten years ended in Oct. 2024.

During the past 12 months, America's Car-Mart's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 America's Car-Mart was 25.60% per year. The lowest was 10.60% per year. And the median was 13.25% per year.

As of today (2025-03-04), America's Car-Mart's current stock price is $39.02. America's Car-Mart's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was $57.05. America's Car-Mart's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of America's Car-Mart was 5.03. The lowest was 0.67. And the median was 2.10.


America's Car-Mart Cyclically Adjusted Book per Share Historical Data

The historical data trend for America's Car-Mart'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.

America's Car-Mart Cyclically Adjusted Book per Share Chart

America's Car-Mart Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.41 34.12 41.66 48.76 54.84

America's Car-Mart Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 51.75 52.93 54.84 56.03 57.05

Competitive Comparison of America's Car-Mart's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, America's Car-Mart'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.


America's Car-Mart's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where America's Car-Mart's Cyclically Adjusted PB Ratio falls into.



America's Car-Mart 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, America's Car-Mart's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=67.074/133.1820*133.1820
=67.074

Current CPI (Oct. 2024) = 133.1820.

America's Car-Mart Quarterly Data

Book Value per Share CPI Adj_Book
201501 26.382 98.604 35.634
201504 26.853 99.824 35.827
201507 27.343 100.691 36.166
201510 27.262 100.346 36.183
201601 27.821 99.957 37.068
201604 28.328 100.947 37.374
201607 29.374 101.524 38.534
201610 29.960 101.988 39.124
201701 30.197 102.456 39.253
201704 30.614 103.167 39.521
201707 31.469 103.278 40.581
201710 31.602 104.070 40.442
201801 33.270 104.578 42.370
201804 33.645 105.708 42.389
201807 34.635 106.324 43.384
201810 35.792 106.695 44.677
201901 36.736 106.200 46.069
201904 38.873 107.818 48.018
201907 40.981 108.250 50.420
201910 42.379 108.577 51.983
202001 44.126 108.841 53.994
202004 45.726 108.173 56.297
202007 49.044 109.318 59.751
202010 52.034 109.861 63.080
202101 54.893 110.364 66.242
202104 61.334 112.673 72.498
202107 64.296 115.183 74.343
202110 67.194 116.696 76.687
202201 69.868 118.619 78.446
202204 74.770 121.978 81.638
202207 75.468 125.002 80.407
202210 77.283 125.734 81.861
202301 77.731 126.223 82.017
202304 78.212 127.992 81.383
202307 79.071 128.974 81.651
202310 74.653 129.810 76.592
202401 73.370 130.124 75.094
202404 73.597 132.289 74.094
202407 73.637 132.708 73.900
202410 67.074 133.182 67.074

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


America's Car-Mart  (NAS:CRMT) 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.

America's Car-Mart's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.02/57.05
=0.68

* 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 America's Car-Mart was 5.03. The lowest was 0.67. And the median was 2.10.


Be Aware

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


America's Car-Mart Cyclically Adjusted Book per Share Related Terms

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


America's Car-Mart Business Description

Traded in Other Exchanges
N/A
Address
1805 North 2nd Street, Suite 401, Rogers, AR, USA, 72756
America's Car-Mart Inc is an automotive retailer in the U.S. focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It predominantly sells older model used vehicles and provides financing for substantially all of its customers. It earns revenue from the sale of used vehicles and in the majority of the cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing.
Executives
Joshua G Welch director C/O VICUNA ADVISORS LLC, PO BOX 427, STONINGTON CT 06378
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Ann G. Bordelon director C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
Campbell Douglas W. Jr. officer: President C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Julia K. Davis director C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Leonard L. Walthall officer: Chief Operating Officer 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
William H Henderson director, officer: President and CEO C/O AMERICA'S CARMART, 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Gremp Jim Von director C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Ray C Dillon director C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Robert Cameron Smith director 802 SOUTHEAST PLAZA AVENUE, SUITE 200, BENTONVILLE AR 72712
Vickie D. Judy officer: Principal Accounting Officer C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Eddie L Hight officer: Chief Operating Officer C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE, #200, BENTONVILLE AR 72712
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102