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Penske Automotive Group (STU:UA9) Cyclically Adjusted PB Ratio : 3.65 (As of May. 14, 2024)


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What is Penske Automotive Group Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Penske Automotive Group's current share price is €142.00. Penske Automotive Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €38.93. Penske Automotive Group's Cyclically Adjusted PB Ratio for today is 3.65.

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

STU:UA9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.06   Max: 4.64
Current: 3.86

During the past years, Penske Automotive Group's highest Cyclically Adjusted PB Ratio was 4.64. The lowest was 1.05. And the median was 3.06.

STU:UA9's Cyclically Adjusted PB Ratio is ranked worse than
84.1% of 918 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs STU:UA9: 3.86

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.

Penske Automotive Group's adjusted book value per share data for the three months ended in Mar. 2024 was €66.079. 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 €38.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penske Automotive Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Penske Automotive Group'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.

Penske Automotive Group Cyclically Adjusted PB Ratio Chart

Penske Automotive Group 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 2.39 2.51 3.74 3.33 3.99

Penske Automotive Group 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 3.92 4.42 4.26 3.99 3.90

Competitive Comparison of Penske Automotive Group's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.


Penske Automotive Group's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Penske Automotive Group 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.

Penske Automotive Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.00/38.93
=3.65

* 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.

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

For example, Penske Automotive Group'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)
=66.079/129.4194*129.4194
=66.079

Current CPI (Mar. 2024) = 129.4194.

Penske Automotive Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.286 100.560 17.099
201409 14.087 100.428 18.154
201412 14.853 99.070 19.403
201503 16.825 99.621 21.858
201506 17.321 100.684 22.264
201509 17.573 100.392 22.654
201512 18.357 99.792 23.807
201603 17.700 100.470 22.800
201606 17.719 101.688 22.551
201609 18.330 101.861 23.289
201612 19.479 101.863 24.749
201703 20.273 102.862 25.507
201706 20.530 103.349 25.709
201709 20.337 104.136 25.275
201712 23.593 104.011 29.356
201803 23.530 105.290 28.923
201806 25.188 106.317 30.661
201809 26.088 106.507 31.700
201812 27.126 105.998 33.120
201903 27.943 107.251 33.719
201906 28.513 108.070 34.146
201909 29.557 108.329 35.311
201912 31.005 108.420 37.010
202003 30.252 108.902 35.952
202006 30.505 108.767 36.297
202009 32.384 109.815 38.165
202012 33.767 109.897 39.766
202103 35.981 111.754 41.669
202106 38.629 114.631 43.612
202109 41.712 115.734 46.644
202112 46.432 117.630 51.086
202203 49.023 121.301 52.304
202206 52.899 125.017 54.762
202209 56.842 125.227 58.745
202212 56.194 125.222 58.078
202303 58.521 127.348 59.473
202306 60.095 128.729 60.417
202309 63.059 129.860 62.845
202312 64.578 129.419 64.578
202403 66.079 129.419 66.079

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.


Penske Automotive Group  (STU:UA9) 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.


Penske Automotive Group Cyclically Adjusted PB Ratio Related Terms

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


Penske Automotive Group (STU:UA9) Business Description

Traded in Other Exchanges
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.

Penske Automotive Group (STU:UA9) Headlines

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