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MBGYY (Mercedes-Benz Group AG) Cyclically Adjusted Book per Share : $19.07 (As of Dec. 2024)


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What is Mercedes-Benz Group 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.

Mercedes-Benz Group AG's adjusted book value per share for the three months ended in Dec. 2024 was $25.182. 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 $19.07 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Mercedes-Benz Group AG's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Mercedes-Benz Group AG was 11.10% per year. The lowest was -1.50% per year. And the median was 4.45% per year.

As of today (2025-04-14), Mercedes-Benz Group AG's current stock price is $13.88. Mercedes-Benz Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $19.07. Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mercedes-Benz Group AG was 1.95. The lowest was 0.39. And the median was 1.09.


Mercedes-Benz Group AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Cyclically Adjusted Book per Share Chart

Mercedes-Benz Group AG 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 18.12 19.09 16.56 18.79 19.07

Mercedes-Benz Group AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 18.79 18.83 19.08 20.16 19.07

Competitive Comparison of Mercedes-Benz Group AG's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio falls into.


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Mercedes-Benz Group 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, Mercedes-Benz Group AG's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=25.182/127.0412*127.0412
=25.182

Current CPI (Dec. 2024) = 127.0412.

Mercedes-Benz Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 11.518 99.717 14.674
201506 12.716 100.417 16.088
201509 13.075 100.417 16.542
201512 13.634 99.717 17.370
201603 13.972 100.017 17.747
201606 13.486 100.717 17.011
201609 14.082 101.017 17.710
201612 14.285 101.217 17.930
201703 14.354 101.417 17.981
201706 15.644 102.117 19.462
201709 17.147 102.717 21.208
201712 17.663 102.617 21.867
201803 18.877 102.917 23.302
201806 17.189 104.017 20.994
201809 17.513 104.718 21.246
201812 17.192 104.217 20.957
201903 17.558 104.217 21.403
201906 15.971 105.718 19.192
201909 15.793 106.018 18.925
201912 15.928 105.818 19.123
202003 15.915 105.718 19.125
202006 15.110 106.618 18.004
202009 15.728 105.818 18.883
202012 17.253 105.518 20.772
202103 18.467 107.518 21.820
202106 19.894 108.486 23.297
202109 20.257 109.435 23.516
202112 18.998 110.384 21.865
202203 19.877 113.968 22.157
202206 19.085 115.760 20.945
202209 18.878 118.818 20.185
202212 21.144 119.345 22.508
202303 22.472 122.402 23.324
202306 22.193 123.140 22.896
202309 22.697 124.195 23.217
202312 23.387 123.773 24.005
202403 24.326 125.038 24.716
202406 25.221 125.882 25.453
202409 25.916 126.198 26.089
202412 25.182 127.041 25.182

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


Mercedes-Benz Group AG  (OTCPK:MBGYY) 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.

Mercedes-Benz Group AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.88/19.07
=0.73

* 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 Mercedes-Benz Group AG was 1.95. The lowest was 0.39. And the median was 1.09.


Be Aware

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


Mercedes-Benz Group AG Cyclically Adjusted Book per Share Related Terms

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


Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

Mercedes-Benz Group AG Headlines

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