Tesla (UKEX:TSLA) Cyclically Adjusted PB Ratio: 36.10 (As of Aug. 04, 2026) — 18% Below Median

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UKEX:TSLA Tesla Inc UKEX:TSLA
88 GF Score
Price ₴8,119.67
GF Value ₴8,276.98
! 5 Warning Signs
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What is Tesla Cyclically Adjusted PB Ratio?

Tesla UKEX:TSLA 88 Cyclically Adjusted PB Ratio is 36.10 as of Aug. 04, 2026, which is 18% below its 10-year median of 43.94. GuruFocus rates UKEX:TSLA with a GF Score™ of 88/100 and a GF Value™ of ₴8,276.98. The stock has 5 warning signs investors should review. Among 1,015 Vehicles & Parts companies, Tesla ranks worse than 99.41% on this metric.

As of today (2026-08-04), Tesla's current share price is ₴8119.66667. Tesla's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₴224.90. Tesla's Cyclically Adjusted PB Ratio for today is 36.10.

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

UKEX:TSLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.14   Med: 43.94   Max: 209.53
Current: 27.66

During the past years, Tesla's highest Cyclically Adjusted PB Ratio was 209.53. The lowest was 17.14. And the median was 43.94.

UKEX:TSLA's Cyclically Adjusted PB Ratio is ranked worse than
99.41% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs UKEX:TSLA: 27.66

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.

Tesla's adjusted book value per share data for the three months ended in Jun. 2026 was ₴983.177. 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 ₴224.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla  (UKEX:TSLA) 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.


Tesla Cyclically Adjusted PB Ratio Related Terms


Tesla Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tesla'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.

Tesla Cyclically Adjusted PB Ratio Chart

Tesla 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 148.27 32.70 44.72 51.80 43.78

Tesla 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 34.81 45.54 43.78 33.76 36.11

UKEX:TSLA vs GM, F, RIVN: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Tesla'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.


Tesla Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


UKEX:TSLA
88GF Score
Tesla Inc UKEX:TSLA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tesla 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.

Tesla's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8119.66667/224.90
=36.10

* 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.

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

For example, Tesla'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)
=983.177/333.9520*333.9520
=983.177

Current CPI (Jun. 2026) = 333.9520.

Tesla Quarterly Data

Book Value per Share CPI Adj_Book
201609 53.315 241.428 73.747
201612 87.668 241.432 121.264
201703 90.540 243.801 124.019
201706 91.184 244.955 124.313
201709 83.564 246.819 113.064
201712 74.806 246.524 101.335
201803 78.133 249.554 104.557
201806 68.270 251.989 90.476
201809 78.311 252.439 103.598
201812 84.996 251.233 112.981
201903 79.022 254.202 103.813
201906 95.088 256.143 123.973
201909 99.996 256.759 130.059
201912 108.922 256.974 141.550
202003 147.760 258.115 191.173
202006 157.622 257.797 204.185
202009 252.004 260.280 323.333
202012 344.952 260.474 442.261
202103 356.131 264.877 449.003
202106 375.590 271.696 461.652
202109 401.485 274.310 488.778
202112 435.448 278.802 521.584
202203 490.220 287.504 569.418
202206 520.657 296.311 586.797
202209 564.074 296.808 634.665
202212 631.566 296.797 710.630
202303 677.823 301.836 749.945
202306 720.075 305.109 788.146
202309 751.789 307.789 815.693
202312 879.042 306.746 957.006
202403 902.395 312.332 964.860
202406 930.036 314.175 988.581
202409 974.720 315.301 1,032.378
202412 1,013.439 315.605 1,072.353
202503 1,036.335 319.799 1,082.199
202506 1,071.944 322.561 1,109.799
202509 1,075.412 324.800 1,105.714
202512 978.815 324.054 1,008.712
202603 1,001.331 330.213 1,012.669
202606 983.177 333.952 983.177

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 36.10 mean?
Tesla (UKEX:TSLA) has a Cyclically Adjusted PB Ratio of 36.10 as of Aug. 04, 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 Tesla and its competitors. This is 18% below median its historical median of 43.94. Over the past decade, Tesla's Cyclically Adjusted PB Ratio has ranged from 17.14 to 209.53. According to the industry distribution chart, Tesla ranks #1009 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 99.4%.
Is Tesla's Cyclically Adjusted PB Ratio too high?
Tesla's current Cyclically Adjusted PB Ratio of 36.10 is 18% below median its 10-year median of 43.94. Over the past 10 years, this metric has ranged from a low of 17.14 to a high of 209.53. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.25. Tesla's value of 36.10 is 2788% above this industry median. Based on the distribution chart, Tesla ranks #1009 out of 1015 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tesla has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Tesla's Cyclically Adjusted PB Ratio compare to GM and F?
According to the Vehicles & Parts industry distribution chart, Tesla ranks #1009 out of 1015 companies for Cyclically Adjusted PB Ratio. This places Tesla in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Tesla's value of 36.10 is 2788% above this benchmark. Historically, Tesla's own Cyclically Adjusted PB Ratio has ranged from 17.14 to 209.53 over the past decade. While the company's 10-year median is 43.94 vs. the industry median of 1.25, Tesla 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 1.25, based on 1,015 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. Tesla's current Cyclically Adjusted PB Ratio of 36.10 is 2788% 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 Tesla and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesla's current Cyclically Adjusted PB Ratio is 36.10, which is 18% below median its own 10-year median of 43.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla stock overvalued right now?
Tesla (UKEX:TSLA) has a current Cyclically Adjusted PB Ratio of 36.10. The stock's GF Value™ is ₴8,276.98, compared to a current price of ₴8,119.67 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 36.10, which is 18% below median its 10-year median of 43.94 and 2788% above the Vehicles & Parts industry median of 1.25. Tesla's overall GF Score™ is 88/100 with 5 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 Tesla (UKEX:TSLA), the current Cyclically Adjusted PB Ratio is 36.10 as of Aug. 04, 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 Tesla (UKEX:TSLA) Overvalued in 2026?

Based on GuruFocus' analysis, Tesla stock appears to be undervalued. The current stock price of ₴8,119.67 is trading 1.9% below its estimated GF Value™ of ₴8,276.98.

Key valuation signals for UKEX:TSLA:

  • Cyclically Adjusted PB Ratio: 36.10 (18% below median its 10-year median of 43.94)
  • GF Value™: ₴8,276.98 vs. price of ₴8,119.67 (1.9% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 2788% above the Vehicles & Parts median (#1009 of 1015)

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


Tesla Business Description

Address 1 Tesla Road, Austin, TX, USA, 78725
Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include a midsize sedan and crossover SUV in the entry-level luxury category, a luxury light truck, and a semitruck. Tesla also runs a robotaxi service in four US metropolitan areas. Global deliveries in 2025 were nearly 1.64 million vehicles. Additionally, the company sells batteries for stationary storage for residential and commercial properties, including utilities, solar panels, and solar roofs for energy generation. Tesla also owns a fast-charging network and a US auto insurance business.
88GF 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.

₴8,119.67
Price
₴8,276.98
GF Value