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BAIC Motor (BAIC Motor) Cyclically Adjusted PB Ratio : 0.32 (As of May. 27, 2024)


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What is BAIC Motor Cyclically Adjusted PB Ratio?

As of today (2024-05-27), BAIC Motor's current share price is $0.2836. BAIC Motor's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.88. BAIC Motor's Cyclically Adjusted PB Ratio for today is 0.32.

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

BMCLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.31   Max: 0.38
Current: 0.31

During the past 13 years, BAIC Motor's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.28. And the median was 0.31.

BMCLF's Cyclically Adjusted PB Ratio is ranked better than
92.27% of 944 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs BMCLF: 0.31

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.

BAIC Motor's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.996. 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 $0.88 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BAIC Motor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BAIC Motor'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.

BAIC Motor Cyclically Adjusted PB Ratio Chart

BAIC Motor 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 - 0.51 0.52 0.30 0.32

BAIC Motor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.30 - - 0.32

Competitive Comparison of BAIC Motor's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, BAIC Motor'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.


BAIC Motor's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



BAIC Motor 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.

BAIC Motor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2836/0.88
=0.32

* 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.

BAIC Motor's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BAIC Motor's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.996/114.7809*114.7809
=0.996

Current CPI (Dec23) = 114.7809.

BAIC Motor Annual Data

Book Value per Share CPI Adj_Book
201412 0.718 99.000 0.832
201512 0.715 100.600 0.816
201612 0.764 102.600 0.855
201712 0.815 104.500 0.895
201812 0.877 106.500 0.945
201912 0.890 111.200 0.919
202012 0.975 111.500 1.004
202112 1.030 113.108 1.045
202212 0.975 115.116 0.972
202312 0.996 114.781 0.996

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.


BAIC Motor  (OTCPK:BMCLF) 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.


BAIC Motor Cyclically Adjusted PB Ratio Related Terms

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


BAIC Motor (BAIC Motor) Business Description

Traded in Other Exchanges
Address
No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300
BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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