GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yamaha Motor Co Ltd (OTCPK:YMHAY) » Definitions » Cyclically Adjusted PB Ratio

YMHAY (Yamaha Motor Co) Cyclically Adjusted PB Ratio : 1.45 (As of Apr. 27, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Yamaha Motor Co Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Yamaha Motor Co's current share price is $15.085. Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $10.37. Yamaha Motor Co's Cyclically Adjusted PB Ratio for today is 1.45.

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

YMHAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.79   Max: 5.72
Current: 1.4

During the past years, Yamaha Motor Co's highest Cyclically Adjusted PB Ratio was 5.72. The lowest was 0.83. And the median was 1.79.

YMHAY's Cyclically Adjusted PB Ratio is ranked worse than
58.86% of 909 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs YMHAY: 1.40

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.

Yamaha Motor Co's adjusted book value per share data for the three months ended in Dec. 2024 was $15.450. 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 $10.37 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamaha Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yamaha Motor 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.

* Premium members only.

Yamaha Motor Co Cyclically Adjusted PB Ratio Chart

Yamaha Motor Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.73 1.63 1.79 1.74

Yamaha Motor Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.79 1.97 1.98 1.65 1.74

Competitive Comparison of Yamaha Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Yamaha Motor 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.


Yamaha Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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


;
;

Yamaha Motor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.085/10.37
=1.45

* 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.

Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Yamaha Motor Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.45/110.7000*110.7000
=15.450

Current CPI (Dec. 2024) = 110.7000.

Yamaha Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.474 97.900 8.451
201506 7.838 98.400 8.818
201509 7.515 98.500 8.446
201512 7.703 98.100 8.692
201603 8.289 97.900 9.373
201606 8.481 98.100 9.570
201609 8.880 98.000 10.031
201612 8.791 98.400 9.890
201703 9.167 98.100 10.344
201706 9.990 98.500 11.227
201709 10.409 98.800 11.663
201712 10.527 99.400 11.724
201803 11.133 99.200 12.424
201806 11.285 99.200 12.593
201809 11.369 99.900 12.598
201812 11.186 99.700 12.420
201903 11.502 99.700 12.771
201906 12.052 99.800 13.368
201909 12.071 100.100 13.349
201912 12.336 100.500 13.588
202003 11.593 100.300 12.795
202006 11.541 99.900 12.789
202009 12.428 99.900 13.772
202012 13.136 99.300 14.644
202103 13.328 99.900 14.769
202106 14.124 99.500 15.714
202109 14.529 100.100 16.068
202112 14.548 100.100 16.089
202203 14.593 101.100 15.979
202206 14.309 101.800 15.560
202209 13.974 103.100 15.004
202212 14.086 104.100 14.979
202303 15.244 104.400 16.164
202306 16.032 105.200 16.870
202309 15.612 106.200 16.274
202312 15.071 106.800 15.621
202403 15.393 107.200 15.896
202406 15.784 108.200 16.149
202409 16.300 108.900 16.569
202412 15.450 110.700 15.450

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.


Yamaha Motor Co  (OTCPK:YMHAY) 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.


Yamaha Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Yamaha Motor Co Business Description

Traded in Other Exchanges
Address
2500, Shingai, Iwata, Shizuoka, JPN, 438-8501
Yamaha Motor Co Ltd is an automobile and electronics manufacturing company. The company is organised into five segments based on product type: motorcycles, marine products, power products, industrial machinery and robots, and other products. The motorcycles segment, contributing the majority of consolidated revenue, manufactures on- and off-road motorcycles, along with related motorcycle parts. Marine Products, the next-largest contributor to revenue, manufactures outboard motors, personal watercraft, and boats. Yamaha derives the majority of sales from Asia, with North America and Europe the next most significant markets.