GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mazda Motor Corp (OTCPK:MZDAF) » Definitions » Cyclically Adjusted PB Ratio

Mazda Motor (Mazda Motor) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 25, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Mazda Motor Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Mazda Motor's current share price is $9.80. Mazda Motor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.07. Mazda Motor's Cyclically Adjusted PB Ratio for today is 0.75.

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

MZDAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.78   Max: 2.07
Current: 0.77

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.

MZDAF's Cyclically Adjusted PB Ratio is ranked better than
70.04% of 1008 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs MZDAF: 0.77

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 Mar. 2024 was $18.412. 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 $13.07 for the trailing ten years ended in Mar. 2024.

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 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.60 0.56 0.68 0.88

Mazda Motor 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 0.68 0.75 0.89 0.78 0.88

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
=9.80/13.07
=0.75

* 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 Mar. 2024 is calculated as:

For example, Mazda Motor'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)
=18.412/107.2000*107.2000
=18.412

Current CPI (Mar. 2024) = 107.2000.

Mazda Motor Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.611 98.000 12.701
201409 12.838 98.500 13.972
201412 12.346 97.900 13.519
201503 12.082 97.900 13.230
201506 12.156 98.400 13.243
201509 13.171 98.500 14.334
201512 13.342 98.100 14.580
201603 14.131 97.900 15.473
201606 15.164 98.100 16.571
201609 16.088 98.000 17.598
201612 14.547 98.400 15.848
201703 15.399 98.100 16.827
201706 16.021 98.500 17.436
201709 16.563 98.800 17.971
201712 16.504 99.400 17.799
201803 17.866 99.200 19.307
201806 17.303 99.200 18.698
201809 17.068 99.900 18.315
201812 16.985 99.700 18.263
201903 17.194 99.700 18.487
201906 17.588 99.800 18.892
201909 17.809 100.100 19.072
201912 17.769 100.500 18.954
202003 17.332 100.300 18.524
202006 16.224 99.900 17.410
202009 16.027 99.900 17.198
202012 16.645 99.300 17.969
202103 17.268 99.900 18.530
202106 17.216 99.500 18.548
202109 17.361 100.100 18.592
202112 17.002 100.100 18.208
202203 17.427 101.100 18.478
202206 15.872 101.800 16.714
202209 15.663 103.100 16.286
202212 16.374 104.100 16.862
202303 17.102 104.400 17.561
202306 16.815 105.200 17.135
202309 17.072 106.200 17.233
202312 17.887 106.800 17.954
202403 18.412 107.200 18.412

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  (OTCPK:MZDAF) 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 (Mazda Motor) 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.