Carvana Co (STU:CV0) Cyclically Adjusted PB Ratio: 68.24 (As of Aug. 01, 2026) — 32% Below Median

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STU:CV0 Carvana Co STU:CV0
72 GF Score
Price €53.91
GF Value €69.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Carvana Co Cyclically Adjusted PB Ratio?

Carvana Co STU:CV0 +1.49% 72 Cyclically Adjusted PB Ratio is 68.24 as of Aug. 01, 2026, which is 32% below its 10-year median of 99.78. GuruFocus rates STU:CV0 with a GF Score™ of 72/100 and a GF Value™ of €69.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Carvana Co ranks worse than 99.61% on this metric.

As of today (2026-08-01), Carvana Co's current share price is €53.91. Carvana Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.79. Carvana Co's Cyclically Adjusted PB Ratio for today is 68.24.

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

STU:CV0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 68.25   Med: 99.78   Max: 162.74
Current: 68.25

During the past years, Carvana Co's highest Cyclically Adjusted PB Ratio was 162.74. The lowest was 68.25. And the median was 99.78.

STU:CV0's Cyclically Adjusted PB Ratio is ranked worse than
99.61% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs STU:CV0: 68.25

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.

Carvana Co's adjusted book value per share data for the three months ended in Jun. 2026 was €4.881. 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 €0.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carvana Co  (STU:CV0) 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.


Carvana Co Cyclically Adjusted PB Ratio Related Terms


Carvana Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carvana Co'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.

Carvana Co Cyclically Adjusted PB Ratio Chart

Carvana Co 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 0.00 0.00 0.00 0.00 122.92

Carvana Co 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 0.00 135.76 122.92 76.85 73.12

STU:CV0 vs PAG, KMX, ALTB: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Carvana Co'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.


Carvana Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


STU:CV0
72GF Score
Carvana Co STU:CV0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carvana Co 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.

Carvana Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.91/0.79
=68.24

* 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.

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

For example, Carvana Co'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)
=4.881/333.9520*333.9520
=4.881

Current CPI (Jun. 2026) = 333.9520.

Carvana Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 -1.466 241.432 -2.028
201703 -2.013 243.801 -2.757
201706 0.358 244.955 0.488
201709 0.305 246.819 0.413
201712 0.267 246.524 0.362
201803 0.181 249.554 0.242
201806 0.326 251.989 0.432
201809 0.378 252.439 0.500
201812 0.340 251.233 0.452
201903 0.224 254.202 0.294
201906 0.476 256.143 0.621
201909 0.381 256.759 0.496
201912 0.350 256.974 0.455
202003 0.154 258.115 0.199
202006 1.090 257.797 1.412
202009 1.036 260.280 1.329
202012 0.834 260.474 1.069
202103 0.768 264.877 0.968
202106 0.805 271.696 0.989
202109 0.765 274.310 0.931
202112 0.602 278.802 0.721
202203 0.161 287.504 0.187
202206 0.964 296.311 1.086
202209 0.522 296.808 0.587
202212 -0.922 296.797 -1.037
202303 -1.163 301.836 -1.287
202306 -1.208 305.109 -1.322
202309 0.557 307.789 0.604
202312 0.390 306.746 0.425
202403 0.456 312.332 0.488
202406 0.807 314.175 0.858
202409 0.871 315.301 0.923
202412 1.806 315.605 1.911
202503 2.070 319.799 2.162
202506 2.198 322.561 2.276
202509 2.751 324.800 2.829
202512 4.132 324.054 4.258
202603 4.500 330.213 4.551
202606 4.881 333.952 4.881

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 68.24 mean?
Carvana Co (STU:CV0) has a Cyclically Adjusted PB Ratio of 68.24 as of Aug. 01, 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 Carvana Co and its competitors. This is 32% below median its historical median of 99.78. Over the past decade, Carvana Co's Cyclically Adjusted PB Ratio has ranged from 68.25 to 162.74. According to the industry distribution chart, Carvana Co ranks #1020 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 99.6%.
Is Carvana Co's Cyclically Adjusted PB Ratio too high?
Carvana Co's current Cyclically Adjusted PB Ratio of 68.24 is 32% below median its 10-year median of 99.78. Over the past 10 years, this metric has ranged from a low of 68.25 to a high of 162.74. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Carvana Co's value of 68.24 is 5294.5% above this industry median. Based on the distribution chart, Carvana Co ranks #1020 out of 1024 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Carvana Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Cyclically Adjusted PB Ratio compare to PAG and KMX?
According to the Vehicles & Parts industry distribution chart, Carvana Co ranks #1020 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Carvana Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Carvana Co's value of 68.24 is 5294.5% above this benchmark. Historically, Carvana Co's own Cyclically Adjusted PB Ratio has ranged from 68.25 to 162.74 over the past decade. While the company's 10-year median is 99.78 vs. the industry median of 1.27, Carvana Co 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 1.27, based on 1,024 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. Carvana Co's current Cyclically Adjusted PB Ratio of 68.24 is 5294.5% 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 Carvana Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carvana Co's current Cyclically Adjusted PB Ratio is 68.24, which is 32% below median its own 10-year median of 99.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carvana Co stock overvalued right now?
Based on GuruFocus' analysis, Carvana Co (STU:CV0) is currently considered Modestly Undervalued. The stock's GF Value™ is €69.03, compared to a current price of €53.91 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 68.24, which is 32% below median its 10-year median of 99.78 and 5294.5% above the Vehicles & Parts industry median of 1.27. Carvana Co's overall GF Score™ is 72/100 with 3 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 Carvana Co (STU:CV0), the current Cyclically Adjusted PB Ratio is 68.24 as of Aug. 01, 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 Carvana Co (STU:CV0) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of €53.91 is trading 21.9% below its estimated GF Value™ of €69.03. GuruFocus considers Carvana Co to be Modestly Undervalued.

Key valuation signals for STU:CV0:

  • Cyclically Adjusted PB Ratio: 68.24 (32% below median its 10-year median of 99.78)
  • GF Value™: €69.03 vs. price of €53.91 (21.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 5294.5% above the Vehicles & Parts median (#1020 of 1024)

No single metric tells the full story. See the STU:CV0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carvana Co Business Description

Address 300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
72GF Score

Get the complete analysis for STU:CV0

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

€53.91
Price
€69.03
GF Value