Bayerische Motoren Werke AG (CHIX:BMWD) Cyclically Adjusted PB Ratio: 0.45 (As of Jul. 26, 2026) — 56% Below Median

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CHIX:BMWD Bayerische Motoren Werke AG CHIX:BMWD
66 GF Score
Price €57.01
GF Value €82.98
Valuation Possible Value Trap
! 3 Warning Signs
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What is Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio?

Bayerische Motoren Werke AG CHIX:BMWD 66 Cyclically Adjusted PB Ratio is 0.45 as of Jul. 26, 2026, which is 56% below its 10-year median of 1.02. GuruFocus rates CHIX:BMWD with a GF Score™ of 66/100 and a GF Value™ of €82.98 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,027 Vehicles & Parts companies, Bayerische Motoren Werke AG ranks better than 81.79% on this metric.

As of today (2026-07-26), Bayerische Motoren Werke AG's current share price is €57.01. Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €126.68. Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is 0.45.

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

CHIX:BMWd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.02   Max: 1.86
Current: 0.45

During the past years, Bayerische Motoren Werke AG's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.45. And the median was 1.02.

CHIX:BMWd's Cyclically Adjusted PB Ratio is ranked better than
81.79% of 1027 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs CHIX:BMWd: 0.45

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.

Bayerische Motoren Werke AG's adjusted book value per share data for the three months ended in Mar. 2026 was €160.208. 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 €126.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG  (CHIX:BMWd) 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.


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Related Terms


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Chart

Bayerische Motoren Werke AG 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 1.14 0.91 0.98 0.70 0.76

Bayerische Motoren Werke AG 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 0.64 0.64 0.71 0.76 0.62

CHIX:BMWD vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio falls into.


CHIX:BMWD
66GF Score
Bayerische Motoren Werke AG CHIX:BMWD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.01/126.68
=0.45

* 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bayerische Motoren Werke AG'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)
=160.208/131.2583*131.2583
=160.208

Current CPI (Mar. 2026) = 131.2583.

Bayerische Motoren Werke AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 66.472 100.717 86.629
201609 68.801 101.017 89.398
201612 71.690 101.217 92.968
201703 75.050 101.417 97.133
201706 76.430 102.117 98.241
201709 79.711 102.717 101.860
201712 81.770 102.617 104.593
201803 85.170 102.917 108.624
201806 84.065 104.017 106.081
201809 85.728 104.718 107.456
201812 87.017 104.217 109.595
201903 87.508 104.217 110.213
201906 85.759 105.718 106.478
201909 87.384 106.018 108.188
201912 90.040 105.818 111.687
202003 92.034 105.718 114.269
202006 87.801 106.618 108.093
202009 90.464 105.818 112.213
202012 92.303 105.518 114.820
202103 98.283 107.518 119.984
202106 104.382 108.486 126.293
202109 108.594 109.435 130.250
202112 112.437 110.384 133.700
202203 128.716 113.968 148.244
202206 127.108 115.760 144.125
202209 130.498 118.818 144.161
202212 131.442 119.345 144.563
202303 135.006 122.402 144.774
202306 129.270 123.140 137.792
202309 139.533 124.195 147.469
202312 141.418 123.773 149.971
202403 145.466 125.038 152.702
202406 143.500 125.882 149.629
202409 145.769 126.198 151.614
202412 148.355 127.041 153.280
202503 150.694 127.779 154.797
202506 149.586 128.412 152.902
202509 153.157 129.255 155.531
202512 157.622 129.361 159.934
202603 160.208 131.258 160.208

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 0.45 mean?
Bayerische Motoren Werke AG (CHIX:BMWD) has a Cyclically Adjusted PB Ratio of 0.45 as of Jul. 26, 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 Bayerische Motoren Werke AG and its competitors. This is 56% below median its historical median of 1.02. Over the past decade, Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.86. According to the industry distribution chart, Bayerische Motoren Werke AG ranks #187 out of 1027 companies in the Vehicles & Parts industry, placing it in the top 18.2%.
Is Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio too high?
Bayerische Motoren Werke AG's current Cyclically Adjusted PB Ratio of 0.45 is 56% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.86. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Bayerische Motoren Werke AG's value of 0.45 is 64.3% below this industry median. Based on the distribution chart, Bayerische Motoren Werke AG ranks #187 out of 1027 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bayerische Motoren Werke AG has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bayerische Motoren Werke AG ranks #187 out of 1027 companies for Cyclically Adjusted PB Ratio. This places Bayerische Motoren Werke AG in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Bayerische Motoren Werke AG's value of 0.45 is 64.3% below this benchmark. Historically, Bayerische Motoren Werke AG's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.86 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.26, Bayerische Motoren Werke AG 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,027 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. Bayerische Motoren Werke AG's current Cyclically Adjusted PB Ratio of 0.45 is 64.3% 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 Bayerische Motoren Werke AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayerische Motoren Werke AG's current Cyclically Adjusted PB Ratio is 0.45, which is 56% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayerische Motoren Werke AG stock overvalued right now?
Based on GuruFocus' analysis, Bayerische Motoren Werke AG (CHIX:BMWD) is currently considered Possible Value Trap. The stock's GF Value™ is €82.98, compared to a current price of €57.01 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 56% below median its 10-year median of 1.02 and 64.3% below the Vehicles & Parts industry median of 1.26. Bayerische Motoren Werke AG's overall GF Score™ is 66/100 with 3 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 Bayerische Motoren Werke AG (CHIX:BMWD), the current Cyclically Adjusted PB Ratio is 0.45 as of Jul. 26, 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 Bayerische Motoren Werke AG (CHIX:BMWD) Overvalued in 2026?

Based on GuruFocus' analysis, Bayerische Motoren Werke AG stock appears to be undervalued. The current stock price of €57.01 is trading 31.3% below its estimated GF Value™ of €82.98. GuruFocus considers Bayerische Motoren Werke AG to be Possible Value Trap.

Key valuation signals for CHIX:BMWD:

  • Cyclically Adjusted PB Ratio: 0.45 (56% below median its 10-year median of 1.02)
  • GF Value™: €82.98 vs. price of €57.01 (31.3% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 64.3% below the Vehicles & Parts median (#187 of 1027)

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


Bayerische Motoren Werke AG Business Description

Address Petuelring 130, Munich, BY, DEU, 80809
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.7 million vehicles in 2025, or which 2.5 million were passenger cars. In terms of sales volume, Europe and Asia are BMW's largest regions, contributing 43% and 33%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end vehicles.
66GF Score

Get the complete analysis for CHIX:BMWD

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

€57.01
Price
€82.98
GF Value