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Autoliv (Autoliv) Cyclically Adjusted PB Ratio : 3.12 (As of May. 26, 2024)


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What is Autoliv Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Autoliv's current share price is $125.73. Autoliv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $40.34. Autoliv's Cyclically Adjusted PB Ratio for today is 3.12.

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

ALV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.18   Max: 3.12
Current: 3.12

During the past years, Autoliv's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 1.04. And the median was 2.18.

ALV's Cyclically Adjusted PB Ratio is ranked worse than
77.9% of 941 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs ALV: 3.12

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.

Autoliv's adjusted book value per share data for the three months ended in Mar. 2024 was $29.838. 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 $40.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autoliv Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autoliv'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.

Autoliv Cyclically Adjusted PB Ratio Chart

Autoliv 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 2.18 2.42 2.69 1.85 2.69

Autoliv 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 2.27 2.06 2.35 2.69 2.99

Competitive Comparison of Autoliv's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Autoliv'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.


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

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

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



Autoliv 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.73/40.34
=3.12

* 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.

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

For example, Autoliv'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)
=29.838/132.2054*132.2054
=29.838

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.316 100.432 55.703
201409 40.445 100.161 53.385
201412 38.637 100.225 50.966
201503 36.484 99.950 48.258
201506 37.751 99.995 49.911
201509 37.533 100.228 49.508
201512 39.224 100.276 51.714
201603 40.819 100.751 53.563
201606 41.687 101.019 54.556
201609 42.661 101.138 55.766
201612 41.680 102.022 54.011
201703 43.643 102.022 56.555
201706 44.415 102.752 57.146
201709 45.546 103.279 58.303
201712 46.380 103.793 59.076
201803 48.292 103.962 61.412
201806 22.897 104.875 28.864
201809 23.417 105.679 29.295
201812 21.627 105.912 26.996
201903 22.483 105.886 28.071
201906 23.212 106.742 28.749
201909 22.774 107.214 28.083
201912 24.188 107.766 29.673
202003 23.260 106.563 28.857
202006 22.235 107.498 27.346
202009 24.044 107.635 29.533
202012 27.563 108.296 33.648
202103 28.697 108.360 35.012
202106 29.714 108.928 36.064
202109 29.244 110.338 35.040
202112 30.091 112.486 35.366
202203 30.423 114.825 35.028
202206 29.208 118.384 32.618
202209 28.548 122.296 30.861
202212 30.313 126.365 31.714
202303 30.607 127.042 31.851
202306 29.810 129.407 30.455
202309 29.389 130.224 29.836
202312 30.940 131.912 31.009
202403 29.838 132.205 29.838

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.


Autoliv  (NYSE:ALV) 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.


Autoliv Cyclically Adjusted PB Ratio Related Terms

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


Autoliv (Autoliv) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.
Executives
Leif Johansson director C/O AB VOLVO, SE 4050B, GOTEBORG, SWEDEN V7 4050B
Jan Carlson director, officer: President and CEO C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Fredrik Westin officer: See Remarks C/O AUTOLIV, INC. KLABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 11 64
Frithjof Oldorff officer: President, Autoliv Europe 21680 HAGGERTY ROAD, SUITE 101, NORTHVILLE MI 48167
Christian Swahn officer: EVP, Supply Chain Management C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Mikael Bratt officer: President, Passive Safety C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Magnus Jarlegren officer: EVP, Operations C/O AUTOLIV, INC.,KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Jordi Lombarte officer: Chief Technology Officer C/O AUTOLIV, INC., BOX 70381, STOCKHOLM V7 SE 107 24
Naughton Colin officer: President, Asia C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Per Jonas Jademyr officer: See Remarks C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Svante Mogefors officer: Group VP, Quality C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Cevian Capital Ii Gp Ltd 10 percent owner C/O HIGHVERN FUND ADMINISTRATORS LIMITED, WHITELEY CHAMBERS, DON STREET, St. Helier Y9 JE2 4TR
Gustav Lundgren director RINGVAGEN 32, LIDINGO V7 181 51
Sng Yih officer: President, Autoliv China C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Martin Lundstedt director NORRSKOGSGATAN 14, STOCKHOLM V7 11264

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