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ATHM (Autohome) Cyclically Adjusted PB Ratio : 1.52 (As of Dec. 13, 2024)


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What is Autohome Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Autohome's current share price is $27.92. Autohome's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $18.39. Autohome's Cyclically Adjusted PB Ratio for today is 1.52.

The historical rank and industry rank for Autohome's Cyclically Adjusted PB Ratio or its related term are showing as below:

ATHM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.98   Max: 2.91
Current: 1.52

During the past years, Autohome's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.29. And the median was 1.98.

ATHM's Cyclically Adjusted PB Ratio is ranked better than
56.02% of 266 companies
in the Interactive Media industry
Industry Median: 1.79 vs ATHM: 1.52

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.

Autohome's adjusted book value per share data for the three months ended in Sep. 2024 was $28.756. 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 $18.39 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autohome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autohome's Cyclically Adjusted PB Ratio 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.

Autohome Cyclically Adjusted PB Ratio Chart

Autohome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.40 2.09 1.70

Autohome Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 1.90 1.70 1.53 1.56 1.77

Competitive Comparison of Autohome's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Autohome'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.


Autohome's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Autohome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autohome Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Autohome's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.92/18.39
=1.52

* 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.

Autohome's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Autohome's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=28.756/115.7848*115.7848
=28.756

Current CPI (Sep. 2024) = 115.7848.

Autohome Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.355 99.000 6.263
201503 5.620 99.900 6.514
201506 6.137 99.500 7.141
201509 6.262 100.500 7.214
201512 6.653 100.600 7.657
201603 6.993 102.200 7.923
201606 7.487 101.400 8.549
201609 7.642 102.400 8.641
201612 7.972 102.600 8.996
201703 8.461 103.200 9.493
201706 9.049 103.100 10.162
201709 10.029 104.100 11.155
201712 10.296 104.500 11.408
201803 11.423 105.300 12.560
201806 12.213 104.900 13.480
201809 12.415 106.600 13.485
201812 13.702 106.500 14.897
201903 14.918 107.700 16.038
201906 15.595 107.700 16.766
201909 15.949 109.800 16.818
201912 17.538 111.200 18.261
202003 17.521 112.300 18.065
202006 18.457 110.400 19.357
202009 20.198 111.700 20.937
202012 22.498 111.500 23.363
202103 25.305 112.662 26.007
202106 27.368 111.769 28.351
202109 27.663 112.215 28.543
202112 28.126 113.108 28.792
202203 28.252 114.335 28.610
202206 27.465 114.558 27.759
202209 27.320 115.339 27.426
202212 27.816 115.116 27.978
202303 27.948 115.116 28.110
202306 27.621 114.558 27.917
202309 28.001 115.339 28.109
202312 27.730 114.781 27.973
202403 27.934 115.227 28.069
202406 27.820 114.781 28.063
202409 28.756 115.785 28.756

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


Autohome  (NYSE:ATHM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Autohome Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Autohome's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Autohome Business Description

Traded in Other Exchanges
Address
3 Dan Ling Street, 18th Floor, Tower B, CEC Plaza, Haidian District, Beijing, CHN, 100080
Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China's online auto platform media advertising market in 2019.