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Mazda Motor (FRA:MZA) Cyclically Adjusted PB Ratio : 0.79 (As of May. 15, 2024)


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What is Mazda Motor Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Mazda Motor's current share price is €9.678. Mazda Motor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €12.32. Mazda Motor's Cyclically Adjusted PB Ratio for today is 0.79.

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

FRA:MZA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.78   Max: 2.07
Current: 0.84

During the past years, Mazda Motor's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 0.35. And the median was 0.78.

FRA:MZA's Cyclically Adjusted PB Ratio is ranked better than
66.56% of 921 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs FRA:MZA: 0.84

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.

Mazda Motor's adjusted book value per share data for the three months ended in Dec. 2023 was €16.402. 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 €12.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mazda Motor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mazda 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.

Mazda Motor Cyclically Adjusted PB Ratio Chart

Mazda Motor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.39 0.60 0.56 0.68

Mazda Motor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.57 0.68 0.75 0.89 0.78

Competitive Comparison of Mazda Motor's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Mazda 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.


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

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

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



Mazda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.678/12.32
=0.79

* 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.

Mazda Motor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mazda Motor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.402/106.8000*106.8000
=16.402

Current CPI (Dec. 2023) = 106.8000.

Mazda Motor Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.808 95.700 8.714
201406 8.546 98.000 9.313
201409 9.962 98.500 10.801
201412 10.013 97.900 10.923
201503 11.164 97.900 12.179
201506 10.831 98.400 11.756
201509 11.736 98.500 12.725
201512 12.248 98.100 13.334
201603 12.690 97.900 13.844
201606 13.496 98.100 14.693
201609 14.334 98.000 15.621
201612 13.790 98.400 14.967
201703 14.398 98.100 15.675
201706 14.259 98.500 15.461
201709 13.897 98.800 15.022
201712 13.946 99.400 14.984
201803 14.489 99.200 15.599
201806 14.811 99.200 15.946
201809 14.627 99.900 15.637
201812 14.930 99.700 15.993
201903 15.217 99.700 16.301
201906 15.565 99.800 16.657
201909 16.170 100.100 17.252
201912 15.992 100.500 16.994
202003 15.685 100.300 16.701
202006 14.407 99.900 15.402
202009 13.607 99.900 14.547
202012 13.682 99.300 14.715
202103 14.505 99.900 15.507
202106 14.289 99.500 15.337
202109 14.757 100.100 15.745
202112 15.047 100.100 16.054
202203 15.824 101.100 16.716
202206 15.014 101.800 15.751
202209 15.820 103.100 16.388
202212 15.457 104.100 15.858
202303 15.974 104.400 16.341
202306 15.521 105.200 15.757
202309 15.996 106.200 16.086
202312 16.402 106.800 16.402

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.


Mazda Motor  (FRA:MZA) 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.


Mazda Motor Cyclically Adjusted PB Ratio Related Terms

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


Mazda Motor (FRA:MZA) Business Description

Traded in Other Exchanges
Address
3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.

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