Carvana Co (XSWX:CVNA) Cyclically Adjusted Book per Share: CHF0.70 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:CVNA Carvana Co XSWX:CVNA
73 GF Score
Price CHF57.19
GF Value CHF64.69
! 2 Warning Signs
View Full Analysis

What is Carvana Co Cyclically Adjusted Book per Share?

Carvana Co XSWX:CVNA +2.20% 73 Cyclically Adjusted Book per Share is CHF0.70 as of Jun. 2026. GuruFocus rates XSWX:CVNA with a GF Score™ of 73/100 and a GF Value™ of CHF64.69. The stock has 2 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.

Carvana Co's adjusted book value per share for the three months ended in Jun. 2026 was CHF2.928. 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 CHF0.70 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-25), Carvana Co's current stock price is CHF57.19. Carvana Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF0.70. Carvana Co's Cyclically Adjusted PB Ratio of today is 81.70.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Carvana Co was 162.74. The lowest was 67.18. And the median was 94.79.


Carvana Co  (XSWX:CVNA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.19/0.70
=81.70

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Carvana Co was 162.74. The lowest was 67.18. And the median was 94.79.


Be Aware

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


Carvana Co Cyclically Adjusted Book per Share Related Terms


Carvana Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Carvana 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.

Carvana Co Cyclically Adjusted Book per Share Chart

Carvana Co 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 0.00 0.00 0.00 0.00 0.00

Carvana Co 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 0.00 0.00 0.00 0.61 0.70

XSWX:CVNA vs PAG, KMX, ALTB: Cyclically Adjusted Book per Share Comparison

For the Auto & Truck Dealerships subindustry, Carvana 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.


Carvana Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


XSWX:CVNA
73GF Score
Carvana Co XSWX:CVNA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carvana 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, Carvana Co'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)
=2.928/333.9520*333.9520
=2.928

Current CPI (Jun. 2026) = 333.9520.

Carvana Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 -1.576 241.432 -2.180
201703 -2.157 243.801 -2.955
201706 0.390 244.955 0.532
201709 0.349 246.819 0.472
201712 0.312 246.524 0.423
201803 0.212 249.554 0.284
201806 0.377 251.989 0.500
201809 0.428 252.439 0.566
201812 0.384 251.233 0.510
201903 0.253 254.202 0.332
201906 0.531 256.143 0.692
201909 0.416 256.759 0.541
201912 0.382 256.974 0.496
202003 0.163 258.115 0.211
202006 1.168 257.797 1.513
202009 1.117 260.280 1.433
202012 0.901 260.474 1.155
202103 0.850 264.877 1.072
202106 0.880 271.696 1.082
202109 0.830 274.310 1.010
202112 0.627 278.802 0.751
202203 0.165 287.504 0.192
202206 0.989 296.311 1.115
202209 0.504 296.808 0.567
202212 -0.910 296.797 -1.024
202303 -1.152 301.836 -1.275
202306 -1.179 305.109 -1.290
202309 0.535 307.789 0.580
202312 0.368 306.746 0.401
202403 0.441 312.332 0.472
202406 0.777 314.175 0.826
202409 0.819 315.301 0.867
202412 1.686 315.605 1.784
202503 1.978 319.799 2.066
202506 2.061 322.561 2.134
202509 2.570 324.800 2.642
202512 3.856 324.054 3.974
202603 4.096 330.213 4.142
202606 2.928 333.952 2.928

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 CHF0.70 mean?
Carvana Co (XSWX:CVNA) has a Cyclically Adjusted Book per Share of CHF0.70 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 Carvana Co and its competitors.
Is Carvana Co's Cyclically Adjusted Book per Share too high?
Carvana Co's current Cyclically Adjusted Book per Share is CHF0.70. Overall, Carvana Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Cyclically Adjusted Book per Share compare to PAG and KMX?
Carvana Co's Cyclically Adjusted Book per Share of CHF0.70 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 Carvana Co and its competitors. Carvana Co's current Cyclically Adjusted Book per Share is CHF0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carvana Co stock overvalued right now?
Carvana Co (XSWX:CVNA) has a current Cyclically Adjusted Book per Share of CHF0.70. The stock's GF Value™ is CHF64.69, compared to a current price of CHF57.19 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is CHF0.70. Carvana Co's overall GF Score™ is 73/100 with 2 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 Carvana Co (XSWX:CVNA), the current Cyclically Adjusted Book per Share is CHF0.70 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 Carvana Co (XSWX:CVNA) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of CHF57.19 is trading 11.6% below its estimated GF Value™ of CHF64.69.

Key valuation signals for XSWX:CVNA:

  • Cyclically Adjusted Book per Share: CHF0.70
  • GF Value™: CHF64.69 vs. price of CHF57.19 (11.6% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


Carvana Co Business Description

Address 300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
73GF Score

Get the complete analysis for XSWX:CVNA

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

CHF57.19
Price
CHF64.69
GF Value