OPLN (Openlane) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OPLN Openlane Inc OPLN
69 GF Score
Price $34.27
GF Value $22.38
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Openlane Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Openlane  (NYSE:OPLN) 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 1.42 2.11

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 2.02 2.83

OPLN 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.


OPLN
69GF Score
Openlane Inc OPLN
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 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)
=12.781/333.9520*333.9520
=12.781

Current CPI (Jun. 2026) = 333.9520.

Openlane Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.699 241.428 14.799
201612 10.226 241.432 14.145
201703 10.431 243.801 14.288
201706 10.645 244.955 14.513
201709 10.370 246.819 14.031
201712 11.055 246.524 14.976
201803 11.264 249.554 15.073
201806 11.269 251.989 14.934
201809 11.601 252.439 15.347
201812 11.018 251.233 14.646
201903 11.275 254.202 14.812
201906 13.133 256.143 17.122
201909 12.704 256.759 16.523
201912 12.809 256.974 16.646
202003 12.169 258.115 15.744
202006 12.029 257.797 15.582
202009 12.434 260.280 15.953
202012 12.458 260.474 15.972
202103 12.724 264.877 16.042
202106 12.597 271.696 15.483
202109 12.439 274.310 15.144
202112 12.487 278.802 14.957
202203 12.473 287.504 14.488
202206 14.028 296.311 15.810
202209 13.601 296.808 15.303
202212 13.940 296.797 15.685
202303 13.975 301.836 15.462
202306 12.194 305.109 13.347
202309 12.087 307.789 13.114
202312 12.282 306.746 13.371
202403 12.282 312.332 13.132
202406 12.228 314.175 12.998
202409 12.421 315.301 13.156
202412 12.566 315.605 13.296
202503 12.785 319.799 13.351
202506 13.208 322.561 13.674
202509 13.402 324.800 13.780
202512 11.685 324.054 12.042
202603 11.831 330.213 11.965
202606 12.781 333.952 12.781

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.

Is Openlane (OPLN) Overvalued in 2026?

Based on GuruFocus' analysis, Openlane stock appears to be overvalued. The current stock price of $34.27 is trading 53.1% above its estimated GF Value™ of $22.38. GuruFocus considers Openlane to be Significantly Overvalued.

Key valuation signals for OPLN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $22.38 vs. price of $34.27 (53.1% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Openlane Business Description

Other Exchanges XKR:Germany
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

Get the complete analysis for OPLN

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

$34.27
Price
$22.38
GF Value