Tesla (XSGO:TSLACL) Cyclically Adjusted PB Ratio: 36.10 (As of Sep. 01, 2026) — 17% Below Median

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XSGO:TSLACL Tesla Inc XSGO:TSLACL
89 GF Score
Price CLP369,700.00
GF Value CLP335,287.10
! 5 Warning Signs
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What is Tesla Cyclically Adjusted PB Ratio?

Tesla XSGO:TSLACL 89 Cyclically Adjusted PB Ratio is 36.10 as of Sep. 01, 2026, which is 17% below its 10-year median of 43.73. GuruFocus rates XSGO:TSLACL with a GF Score™ of 89/100 and a GF Value™ of CLP335,287.10. The stock has 5 warning signs investors should review. Among 927 Vehicles & Parts companies, Tesla ranks worse than 99.46% on this metric.

As of today (2026-09-01), Tesla's current share price is CLP369700.00. Tesla's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CLP10,240.15. 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:

XSGO:TSLACL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.14   Med: 43.73   Max: 209.53
Current: 31.59

During the past years, Tesla's highest Cyclically Adjusted PB Ratio was 209.53. The lowest was 17.14. And the median was 43.73.

XSGO:TSLACL's Cyclically Adjusted PB Ratio is ranked worse than
99.46% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs XSGO:TSLACL: 31.59

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 CLP19,915.064. 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 CLP10,240.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla  (XSGO:TSLACL) 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

XSGO:TSLACL 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.


XSGO:TSLACL
89GF Score
Tesla Inc XSGO:TSLACL
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
=369700.00/10240.15
=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)
=19915.064/333.9520*333.9520
=19,915.064

Current CPI (Jun. 2026) = 333.9520.

Tesla Quarterly Data

Book Value per Share CPI Adj_Book
201609 796.584 241.428 1,101.864
201612 1,307.124 241.432 1,808.032
201703 1,340.819 243.801 1,836.618
201706 1,355.591 244.955 1,848.104
201709 1,170.300 246.819 1,583.444
201712 1,063.394 246.524 1,440.519
201803 1,055.945 249.554 1,413.061
201806 973.680 251.989 1,290.383
201809 1,191.608 252.439 1,576.380
201812 1,301.233 251.233 1,729.667
201903 1,183.726 254.202 1,555.093
201906 1,469.921 256.143 1,916.441
201909 1,607.873 256.759 2,091.270
201912 1,864.731 256.974 2,423.322
202003 2,777.785 258.115 3,593.929
202006 2,806.448 257.797 3,635.492
202009 4,359.351 260.280 5,593.261
202012 5,636.133 260.474 7,226.049
202103 5,784.948 264.877 7,293.555
202106 6,122.362 271.696 7,525.231
202109 7,053.981 274.310 8,587.697
202112 8,278.536 278.802 9,916.118
202203 8,756.056 287.504 10,170.649
202206 10,102.576 296.311 11,385.927
202209 11,668.139 296.808 13,128.347
202212 12,326.668 296.797 13,869.801
202303 12,243.211 301.836 13,545.915
202306 12,879.318 305.109 14,096.844
202309 14,911.359 307.789 16,178.870
202312 17,222.008 306.746 18,749.467
202403 19,575.820 312.332 20,930.882
202406 19,305.856 314.175 20,521.140
202409 20,189.486 315.301 21,383.755
202412 22,322.540 315.605 23,620.212
202503 21,615.235 319.799 22,571.837
202506 22,479.458 322.561 23,273.303
202509 23,089.232 324.800 23,739.825
202512 20,012.982 324.054 20,624.264
202603 20,446.456 330.213 20,677.971
202606 19,915.064 333.952 19,915.064

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 (XSGO:TSLACL) has a Cyclically Adjusted PB Ratio of 36.10 as of Sep. 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 Tesla and its competitors. This is 17% below median its historical median of 43.73. 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 #922 out of 927 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Tesla's Cyclically Adjusted PB Ratio too high?
Tesla's current Cyclically Adjusted PB Ratio of 36.10 is 17% below median its 10-year median of 43.73. 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 1.23. Tesla's value of 36.10 is 2835% above this industry median. Based on the distribution chart, Tesla ranks #922 out of 927 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tesla has a GF Score™ of 89/100, 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 #922 out of 927 companies for Cyclically Adjusted PB Ratio. This places Tesla in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Tesla's value of 36.10 is 2835% 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 43.73 vs. the industry median of 1.23, 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 1.23, based on 927 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 2835% 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 1.23 — 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 17% below median its own 10-year median of 43.73. 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 (XSGO:TSLACL) has a current Cyclically Adjusted PB Ratio of 36.10. The stock's GF Value™ is CLP335,287.10, compared to a current price of CLP369,700.00 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 36.10, which is 17% below median its 10-year median of 43.73 and 2835% above the Vehicles & Parts industry median of 1.23. Tesla's overall GF Score™ is 89/100 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 (XSGO:TSLACL), the current Cyclically Adjusted PB Ratio is 36.10 as of Sep. 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 Tesla (XSGO:TSLACL) Overvalued in 2026?

Based on GuruFocus' analysis, Tesla stock appears to be overvalued. The current stock price of CLP369,700.00 is trading 10.3% above its estimated GF Value™ of CLP335,287.10.

Key valuation signals for XSGO:TSLACL:

  • Cyclically Adjusted PB Ratio: 36.10 (17% below median its 10-year median of 43.73)
  • GF Value™: CLP335,287.10 vs. price of CLP369,700.00 (10.3% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 2835% above the Vehicles & Parts median (#922 of 927)

No single metric tells the full story. See the XSGO:TSLACL 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.
89GF Score

Get the complete analysis for XSGO:TSLACL

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

CLP369,700.00
Price
CLP335,287.10
GF Value