OPLN (Openlane) Cyclically Adjusted PB Ratio: 2.77 (As of Aug. 05, 2026) — 86% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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
63 GF Score
Price $40.05
GF Value $21.21
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Openlane Cyclically Adjusted PB Ratio?

Openlane OPLN -2.72% 63 Cyclically Adjusted PB Ratio is 2.77 as of Aug. 05, 2026, which is 86% above its 10-year median of 1.49. GuruFocus rates OPLN with a GF Score™ of 63/100 and a GF Value™ of $21.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,014 Vehicles & Parts companies, Openlane ranks worse than 74.85% on this metric.

As of today (2026-08-05), Openlane's current share price is $40.05. Openlane's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.47. Openlane's Cyclically Adjusted PB Ratio for today is 2.77.

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

OPLN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.49   Max: 2.96
Current: 2.85

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.

OPLN's Cyclically Adjusted PB Ratio is ranked worse than
74.85% of 1014 companies
in the Vehicles & Parts industry
Industry Median: 1.255 vs OPLN: 2.85

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 Mar. 2026 was $11.831. 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 $14.47 for the trailing ten years ended in Mar. 2026.

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 1.41 2.09

Openlane Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.36 1.72 2.01 2.09 2.01

OPLN vs ABG, GPI, VVV: 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
63GF 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.05/14.47
=2.77

* 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 Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.831/330.2130*330.2130
=11.831

Current CPI (Mar. 2026) = 330.2130.

Openlane Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.581 241.018 14.497
201609 10.699 241.428 14.634
201612 10.226 241.432 13.986
201703 10.431 243.801 14.128
201706 10.645 244.955 14.350
201709 10.370 246.819 13.874
201712 11.055 246.524 14.808
201803 11.264 249.554 14.905
201806 11.269 251.989 14.767
201809 11.601 252.439 15.175
201812 11.018 251.233 14.482
201903 11.275 254.202 14.646
201906 13.134 256.143 16.932
201909 12.704 256.759 16.338
201912 12.809 256.974 16.460
202003 12.169 258.115 15.568
202006 12.029 257.797 15.408
202009 12.434 260.280 15.775
202012 12.458 260.474 15.793
202103 12.724 264.877 15.863
202106 12.597 271.696 15.310
202109 12.439 274.310 14.974
202112 12.487 278.802 14.790
202203 12.473 287.504 14.326
202206 14.028 296.311 15.633
202209 13.601 296.808 15.132
202212 13.940 296.797 15.509
202303 13.975 301.836 15.289
202306 12.194 305.109 13.197
202309 12.087 307.789 12.968
202312 12.282 306.746 13.222
202403 12.282 312.332 12.985
202406 12.228 314.175 12.852
202409 12.421 315.301 13.008
202412 12.566 315.605 13.148
202503 12.785 319.799 13.201
202506 13.208 322.561 13.521
202509 13.402 324.800 13.625
202512 11.685 324.054 11.907
202603 11.831 330.213 11.831

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 2.77 mean?
Openlane (OPLN) has a Cyclically Adjusted PB Ratio of 2.77 as of Aug. 05, 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 86% 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 #759 out of 1014 companies in the Vehicles & Parts industry, placing it in the top 74.9%.
Is Openlane's Cyclically Adjusted PB Ratio too high?
Openlane's current Cyclically Adjusted PB Ratio of 2.77 is 86% 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 1.26. Openlane's value of 2.77 is 120.7% above this industry median. Based on the distribution chart, Openlane ranks #759 out of 1014 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Openlane has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Openlane's Cyclically Adjusted PB Ratio compare to ABG and GPI?
According to the Vehicles & Parts industry distribution chart, Openlane ranks #759 out of 1014 companies for Cyclically Adjusted PB Ratio. This places Openlane in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Openlane's value of 2.77 is 120.7% 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 1.26, 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 1.26, based on 1,014 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 2.77 is 120.7% 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 1.26 — 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 2.77, which is 86% 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?
Based on GuruFocus' analysis, Openlane (OPLN) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.21, compared to a current price of $40.05 — trading 88.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.77, which is 86% above median its 10-year median of 1.49 and 120.7% above the Vehicles & Parts industry median of 1.26. Openlane's overall GF Score™ is 63/100 with 7 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 (OPLN), the current Cyclically Adjusted PB Ratio is 2.77 as of Aug. 05, 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 (OPLN) Overvalued in 2026?

Based on GuruFocus' analysis, Openlane stock appears to be overvalued. The current stock price of $40.05 is trading 88.8% above its estimated GF Value™ of $21.21. GuruFocus considers Openlane to be Significantly Overvalued.

Key valuation signals for OPLN:

  • Cyclically Adjusted PB Ratio: 2.77 (86% above median its 10-year median of 1.49)
  • GF Value™: $21.21 vs. price of $40.05 (88.8% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 120.7% above the Vehicles & Parts median (#759 of 1014)

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.
63GF 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.

$40.05
Price
$21.21
GF Value