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O'Reilly Automotive (BSP:ORLY34) Cyclically Adjusted PB Ratio : 211.38 (As of May. 14, 2024)


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What is O'Reilly Automotive Cyclically Adjusted PB Ratio?

As of today (2024-05-14), O'Reilly Automotive's current share price is R$16.91. O'Reilly Automotive's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$0.08. O'Reilly Automotive's Cyclically Adjusted PB Ratio for today is 211.38.

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

BSP:ORLY34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.7   Med: 17.44   Max: 225.31
Current: 204.18

During the past years, O'Reilly Automotive's highest Cyclically Adjusted PB Ratio was 225.31. The lowest was 6.70. And the median was 17.44.

BSP:ORLY34's Cyclically Adjusted PB Ratio is ranked worse than
100% of 728 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs BSP:ORLY34: 204.18

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.

O'Reilly Automotive's adjusted book value per share data for the three months ended in Mar. 2024 was R$-0.379. 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 R$0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


O'Reilly Automotive Cyclically Adjusted PB Ratio Historical Data

The historical data trend for O'Reilly Automotive'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.

O'Reilly Automotive Cyclically Adjusted PB Ratio Chart

O'Reilly Automotive 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 24.93 28.30 49.34 75.95 152.99

O'Reilly Automotive Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.63 107.77 119.86 152.99 227.59

Competitive Comparison of O'Reilly Automotive's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, O'Reilly Automotive'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.


O'Reilly Automotive's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, O'Reilly Automotive's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



O'Reilly Automotive 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.

O'Reilly Automotive's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.91/0.08
=211.38

* 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.

O'Reilly Automotive's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, O'Reilly Automotive's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.379/129.4194*129.4194
=-0.379

Current CPI (Mar. 2024) = 129.4194.

O'Reilly Automotive Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.146 100.560 0.188
201409 0.146 100.428 0.188
201412 0.169 99.070 0.221
201503 0.214 99.621 0.278
201506 0.199 100.684 0.256
201509 0.255 100.392 0.329
201512 0.251 99.792 0.326
201603 0.239 100.470 0.308
201606 0.197 101.688 0.251
201609 0.211 101.861 0.268
201612 0.190 101.863 0.241
201703 0.157 102.862 0.198
201706 0.105 103.349 0.131
201709 0.073 104.136 0.091
201712 0.082 104.011 0.102
201803 0.054 105.290 0.066
201806 0.058 106.317 0.071
201809 0.082 106.507 0.100
201812 0.056 105.998 0.068
201903 0.059 107.251 0.071
201906 0.023 108.070 0.028
201909 0.029 108.329 0.035
201912 0.070 108.420 0.084
202003 0.023 108.902 0.027
202006 0.133 108.767 0.158
202009 0.169 109.815 0.199
202012 0.033 109.897 0.039
202103 -0.002 111.754 -0.002
202106 0.051 114.631 0.058
202109 -0.035 115.734 -0.039
202112 -0.018 117.630 -0.020
202203 -0.080 121.301 -0.085
202206 -0.283 125.017 -0.293
202209 -0.325 125.227 -0.336
202212 -0.288 125.222 -0.298
202303 -0.447 127.348 -0.454
202306 -0.422 128.729 -0.424
202309 -0.470 129.860 -0.468
202312 -0.465 129.419 -0.465
202403 -0.379 129.419 -0.379

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.


O'Reilly Automotive  (BSP:ORLY34) 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.


O'Reilly Automotive Cyclically Adjusted PB Ratio Related Terms

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


O'Reilly Automotive (BSP:ORLY34) Business Description

Address
233 South Patterson Avenue, Springfield, MO, USA, 65802
O'Reilly Automotive is one of the largest sellers of aftermarket automotive parts, tools, and accessories, serving professional and DIY customers (44% and 56% of 2022 sales, respectively). The company sells branded as well as own-label products, with the latter category comprising nearly half of sales. O'Reilly had 5,971 stores as of the end of 2022, spread across 47 U.S. states and including 42 stores in Mexico. The firm serves professional and DIY customers through its stores and also employs approximately 725 sales personnel targeting commercial buyers.

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