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Ford Otomotivnayi AS (FRA:FO9A) Cyclically Adjusted PB Ratio : 29.06 (As of Jun. 06, 2024)


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What is Ford Otomotivnayi AS Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Ford Otomotivnayi AS's current share price is €136.00. Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.68. Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is 29.06.

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

FRA:FO9A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.46   Med: 18.11   Max: 44.39
Current: 30.31

During the past years, Ford Otomotivnayi AS's highest Cyclically Adjusted PB Ratio was 44.39. The lowest was 5.46. And the median was 18.11.

FRA:FO9A's Cyclically Adjusted PB Ratio is ranked worse than
98.69% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.345 vs FRA:FO9A: 30.31

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.

Ford Otomotivnayi AS's adjusted book value per share data for the three months ended in Mar. 2024 was €36.820. 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 €4.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ford Otomotivnayi AS'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.

Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Chart

Ford Otomotivnayi AS 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 8.33 13.45 20.44 29.30 25.20

Ford Otomotivnayi AS 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 29.84 35.29 34.58 25.20 31.39

Competitive Comparison of Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ford Otomotivnayi AS'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.


Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Ford Otomotivnayi AS 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.

Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=136.00/4.68
=29.06

* 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.

Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ford Otomotivnayi AS'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)
=36.82/131.7762*131.7762
=36.820

Current CPI (Mar. 2024) = 131.7762.

Ford Otomotivnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.045 100.560 17.095
201409 13.832 100.428 18.150
201412 13.869 99.070 18.448
201503 14.132 99.621 18.693
201506 13.556 100.684 17.742
201509 11.980 100.392 15.725
201512 13.706 99.792 18.099
201603 12.903 100.470 16.923
201606 13.853 101.688 17.952
201609 14.127 101.861 18.276
201612 12.221 101.863 15.810
201703 10.793 102.862 13.827
201706 12.004 103.349 15.306
201709 12.521 104.136 15.844
201712 11.579 104.011 14.670
201803 9.585 105.290 11.996
201806 9.472 106.317 11.740
201809 6.583 106.507 8.145
201812 9.171 105.998 11.401
201903 8.061 107.251 9.904
201906 8.566 108.070 10.445
201909 10.464 108.329 12.729
201912 10.223 108.420 12.425
202003 8.176 108.902 9.893
202006 7.703 108.767 9.333
202009 7.664 109.815 9.197
202012 10.698 109.897 12.828
202103 9.430 111.754 11.119
202106 9.579 114.631 11.012
202109 12.761 115.734 14.530
202112 9.439 117.630 10.574
202203 7.344 121.301 7.978
202206 9.256 125.017 9.756
202209 12.289 125.227 12.932
202212 36.870 125.222 38.800
202303 15.454 127.348 15.991
202306 15.147 128.729 15.506
202309 20.030 129.860 20.326
202312 32.805 129.419 33.402
202403 36.820 131.776 36.820

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.


Ford Otomotivnayi AS  (FRA:FO9A) 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Related Terms

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


Ford Otomotivnayi AS (FRA:FO9A) Business Description

Traded in Other Exchanges
Address
Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (FRA:FO9A) Headlines

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