Openlane (FRA:XKR) Cyclically Adjusted PB Ratio: 2.36 (As of Aug. 31, 2026) — 58% Above Median

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FRA:XKR Openlane Inc FRA:XKR
69 GF Score
Price €30.20
GF Value €19.48
! 4 Warning Signs
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What is Openlane Cyclically Adjusted PB Ratio?

Openlane FRA:XKR +0.67% 69 Cyclically Adjusted PB Ratio is 2.36 as of Aug. 31, 2026, which is 58% above its 10-year median of 1.49. GuruFocus rates FRA:XKR with a GF Score™ of 69/100 and a GF Value™ of €19.48. The stock has 4 warning signs investors should review. Among 927 Vehicles & Parts companies, Openlane ranks worse than 72.06% on this metric.

As of today (2026-08-31), Openlane's current share price is €30.20. Openlane's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €12.81. Openlane's Cyclically Adjusted PB Ratio for today is 2.36.

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

FRA:XKR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.49   Max: 2.96
Current: 2.41

During the past years, Openlane's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 0.82. And the median was 1.49.

FRA:XKR's Cyclically Adjusted PB Ratio is ranked worse than
72.06% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs FRA:XKR: 2.41

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.

Openlane's adjusted book value per share data for the three months ended in Jun. 2026 was €11.094. 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 €12.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Openlane  (FRA:XKR) 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.


Openlane Cyclically Adjusted PB Ratio Related Terms


Openlane Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Openlane'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.

Openlane Cyclically Adjusted PB Ratio Chart

Openlane 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 1.23 0.97 1.07 1.41 2.09

Openlane Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.72 2.01 2.09 2.01 2.83

FRA:XKR vs VVV, ABG, CARG: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Openlane'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.


Openlane Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


FRA:XKR
69GF Score
Openlane Inc FRA:XKR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Openlane 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.

Openlane's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.20/12.81
=2.36

* 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.

Openlane's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Openlane's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.094/333.9520*333.9520
=11.094

Current CPI (Jun. 2026) = 333.9520.

Openlane Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.533 241.428 13.186
201612 9.694 241.432 13.409
201703 9.753 243.801 13.359
201706 9.474 244.955 12.916
201709 8.701 246.819 11.773
201712 9.342 246.524 12.655
201803 9.135 249.554 12.224
201806 9.646 251.989 12.783
201809 9.942 252.439 13.152
201812 9.685 251.233 12.874
201903 9.978 254.202 13.108
201906 11.623 256.143 15.154
201909 11.535 256.759 15.003
201912 11.528 256.974 14.981
202003 11.013 258.115 14.249
202006 10.682 257.797 13.838
202009 10.556 260.280 13.544
202012 10.240 260.474 13.129
202103 10.688 264.877 13.475
202106 10.455 271.696 12.851
202109 10.573 274.310 12.872
202112 11.051 278.802 13.237
202203 11.326 287.504 13.156
202206 13.271 296.311 14.957
202209 13.737 296.808 15.456
202212 13.160 296.797 14.807
202303 13.053 301.836 14.442
202306 11.255 305.109 12.319
202309 11.325 307.789 12.288
202312 11.263 306.746 12.262
202403 11.300 312.332 12.082
202406 11.360 314.175 12.075
202409 11.191 315.301 11.853
202412 12.001 315.605 12.699
202503 11.826 319.799 12.349
202506 11.451 322.561 11.855
202509 11.418 324.800 11.740
202512 9.979 324.054 10.284
202603 10.234 330.213 10.350
202606 11.094 333.952 11.094

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 2.36 mean?
Openlane (FRA:XKR) has a Cyclically Adjusted PB Ratio of 2.36 as of Aug. 31, 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 Openlane and its competitors. This is 58% above median its historical median of 1.49. Over the past decade, Openlane's Cyclically Adjusted PB Ratio has ranged from 0.82 to 2.96. According to the industry distribution chart, Openlane ranks #668 out of 927 companies in the Vehicles & Parts industry, placing it in the top 72.1%.
Is Openlane's Cyclically Adjusted PB Ratio too high?
Openlane's current Cyclically Adjusted PB Ratio of 2.36 is 58% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.96. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.23. Openlane's value of 2.36 is 91.9% above this industry median. Based on the distribution chart, Openlane ranks #668 out of 927 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Openlane has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Openlane's Cyclically Adjusted PB Ratio compare to VVV and ABG?
According to the Vehicles & Parts industry distribution chart, Openlane ranks #668 out of 927 companies for Cyclically Adjusted PB Ratio. This places Openlane in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Openlane's value of 2.36 is 91.9% above this benchmark. Historically, Openlane's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 2.96 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.23, Openlane has consistently been above 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 1.23, based on 927 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. Openlane's current Cyclically Adjusted PB Ratio of 2.36 is 91.9% above 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 Openlane and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Openlane's current Cyclically Adjusted PB Ratio is 2.36, which is 58% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Openlane stock overvalued right now?
Openlane (FRA:XKR) has a current Cyclically Adjusted PB Ratio of 2.36. The stock's GF Value™ is €19.48, compared to a current price of €30.20 — trading 55% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.36, which is 58% above median its 10-year median of 1.49 and 91.9% above the Vehicles & Parts industry median of 1.23. Openlane's overall GF Score™ is 69/100 with 4 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 Openlane (FRA:XKR), the current Cyclically Adjusted PB Ratio is 2.36 as of Aug. 31, 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 Openlane (FRA:XKR) Overvalued in 2026?

Based on GuruFocus' analysis, Openlane stock appears to be overvalued. The current stock price of €30.20 is trading 55% above its estimated GF Value™ of €19.48.

Key valuation signals for FRA:XKR:

  • Cyclically Adjusted PB Ratio: 2.36 (58% above median its 10-year median of 1.49)
  • GF Value™: €19.48 vs. price of €30.20 (55% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 91.9% above the Vehicles & Parts median (#668 of 927)

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


Openlane Business Description

Other Exchanges OPLN:USA
Address 11299 North Illinois Street, Suite 500, Carmel, IN, USA, 46032
Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.
69GF Score

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

€30.20
Price
€19.48
GF Value