ATHM (Autohome) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 05, 2026) — 32% Below Median

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.

ATHM Autohome Inc ATHM
68 GF Score
Price $22.98
GF Value $23.31
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Autohome Cyclically Adjusted PB Ratio?

Autohome ATHM +0.09% 68 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 05, 2026, which is 32% below its 10-year median of 1.56. GuruFocus rates ATHM with a GF Score™ of 68/100 and a GF Value™ of $23.31 (Fairly Valued). The stock has 6 warning signs investors should review. Among 347 Interactive Media companies, Autohome ranks better than 57.06% on this metric.

As of today (2026-08-05), Autohome's current share price is $22.98. Autohome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.70. Autohome's Cyclically Adjusted PB Ratio for today is 1.06.

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: 0.76   Med: 1.56   Max: 2.97
Current: 1.07

During the past years, Autohome's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 0.76. And the median was 1.56.

ATHM's Cyclically Adjusted PB Ratio is ranked better than
57.06% of 347 companies
in the Interactive Media industry
Industry Median: 1.45 vs ATHM: 1.07

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 Mar. 2026 was $28.872. 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 $21.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Autohome Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Autohome Cyclically Adjusted PB Ratio Chart

Autohome Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.09 1.70 1.38 1.06

Autohome Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.43 1.30 1.39 1.06 0.80

ATHM vs DJT, WB, STUB: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


ATHM
68GF Score
Autohome Inc ATHM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=22.98/21.70
=1.06

* 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 Mar. 2026 is calculated as:

For example, Autohome's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=28.872/116.3033*116.3033
=28.872

Current CPI (Mar. 2026) = 116.3033.

Autohome Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.487 101.400 8.587
201609 7.642 102.400 8.680
201612 7.972 102.600 9.037
201703 8.461 103.200 9.535
201706 9.049 103.100 10.208
201709 10.029 104.100 11.205
201712 10.296 104.500 11.459
201803 11.423 105.300 12.617
201806 12.213 104.900 13.541
201809 12.415 106.600 13.545
201812 13.702 106.500 14.963
201903 14.918 107.700 16.110
201906 15.595 107.700 16.841
201909 15.949 109.800 16.894
201912 17.538 111.200 18.343
202003 17.521 112.300 18.146
202006 18.457 110.400 19.444
202009 20.198 111.700 21.030
202012 22.498 111.500 23.467
202103 25.305 112.662 26.123
202106 27.368 111.769 28.478
202109 27.663 112.215 28.671
202112 28.126 113.108 28.921
202203 28.252 114.335 28.738
202206 27.465 114.558 27.883
202209 27.320 115.339 27.548
202212 27.816 115.116 28.103
202303 27.948 115.116 28.236
202306 27.621 114.558 28.042
202309 28.001 115.339 28.235
202312 27.730 114.781 28.098
202403 27.934 115.227 28.195
202406 27.820 114.781 28.189
202409 29.244 115.785 29.375
202412 27.455 114.893 27.792
202503 27.956 115.116 28.244
202506 28.342 114.907 28.686
202509 29.184 115.471 29.394
202512 28.260 115.832 28.375
202603 28.872 116.303 28.872

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.

What does a Cyclically Adjusted PB Ratio of 1.06 mean?
Autohome (ATHM) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Autohome and its competitors. This is 32% below median its historical median of 1.56. Over the past decade, Autohome's Cyclically Adjusted PB Ratio has ranged from 0.76 to 2.97. According to the industry distribution chart, Autohome ranks #149 out of 347 companies in the Interactive Media industry, placing it in the top 42.9%.
Is Autohome's Cyclically Adjusted PB Ratio too high?
Autohome's current Cyclically Adjusted PB Ratio of 1.06 is 32% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.97. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. Autohome's value of 1.06 is 26.9% below this industry median. Based on the distribution chart, Autohome ranks #149 out of 347 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Autohome has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Autohome's Cyclically Adjusted PB Ratio compare to DJT and WB?
According to the Interactive Media industry distribution chart, Autohome ranks #149 out of 347 companies for Cyclically Adjusted PB Ratio. This puts Autohome in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Autohome's value of 1.06 is 26.9% below this benchmark. Historically, Autohome's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 2.97 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.45, Autohome has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.45, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Autohome's current Cyclically Adjusted PB Ratio of 1.06 is 26.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Autohome and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Autohome's current Cyclically Adjusted PB Ratio is 1.06, which is 32% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Autohome stock overvalued right now?
Based on GuruFocus' analysis, Autohome (ATHM) is currently considered Fairly Valued. The stock's GF Value™ is $23.31, compared to a current price of $22.98 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 32% below median its 10-year median of 1.56 and 26.9% below the Interactive Media industry median of 1.45. Autohome's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Autohome (ATHM), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 05, 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 Autohome (ATHM) Overvalued in 2026?

Based on GuruFocus' analysis, Autohome stock appears to be undervalued. The current stock price of $22.98 is trading 1.4% below its estimated GF Value™ of $23.31. GuruFocus considers Autohome to be Fairly Valued.

Key valuation signals for ATHM:

  • Cyclically Adjusted PB Ratio: 1.06 (32% below median its 10-year median of 1.56)
  • GF Value™: $23.31 vs. price of $22.98 (1.4% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 26.9% below the Interactive Media median (#149 of 347)

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


Autohome Business Description

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 in China's online auto platform media advertising market, in terms of media services and lead-generation revenue.
68GF Score

Get the complete analysis for ATHM

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

$22.98
Price
$23.31
GF Value