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Tesla (BSP:TSLA34) Cyclically Adjusted Book per Share : R$1.50 (As of Mar. 2025)


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What is Tesla Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2025 was R$4.172. 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 R$1.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tesla's average Cyclically Adjusted Book Growth Rate was 37.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 48.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 55.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Tesla was 61.80% per year. The lowest was 48.50% per year. And the median was 55.10% per year.

As of today (2025-06-26), Tesla's current stock price is R$56.91. Tesla's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$1.50. Tesla's Cyclically Adjusted PB Ratio of today is 37.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tesla was 209.53. The lowest was 17.14. And the median was 48.70.


Tesla Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tesla's Cyclically Adjusted Book per Share 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.

Tesla Cyclically Adjusted Book per Share Chart

Tesla Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.42 0.62 0.86 1.55

Tesla Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 0.96 1.17 1.23 1.55 1.50

Competitive Comparison of Tesla's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Tesla Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tesla's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.172/134.9266*134.9266
=4.172

Current CPI (Mar. 2025) = 134.9266.

Tesla Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.037 100.684 0.050
201509 0.082 100.392 0.110
201512 0.067 99.792 0.091
201603 0.056 100.470 0.075
201606 0.121 101.688 0.161
201609 0.121 101.861 0.160
201612 0.206 101.863 0.273
201703 0.198 102.862 0.260
201706 0.210 103.349 0.274
201709 0.183 104.136 0.237
201712 0.172 104.011 0.223
201803 0.179 105.290 0.229
201806 0.180 106.317 0.228
201809 0.225 106.507 0.285
201812 0.231 105.998 0.294
201903 0.212 107.251 0.267
201906 0.256 108.070 0.320
201909 0.288 108.329 0.359
201912 0.313 108.420 0.390
202003 0.505 108.902 0.626
202006 0.572 108.767 0.710
202009 0.951 109.815 1.168
202012 1.241 109.897 1.524
202103 1.403 111.754 1.694
202106 1.320 114.631 1.554
202109 1.482 115.734 1.728
202112 1.721 117.630 1.974
202203 1.705 121.301 1.897
202206 1.837 125.017 1.983
202209 2.068 125.227 2.228
202212 2.316 125.222 2.495
202303 2.468 127.348 2.615
202306 2.443 128.729 2.561
202309 2.596 129.860 2.697
202312 3.011 129.419 3.139
202403 3.142 131.776 3.217
202406 3.502 132.554 3.565
202409 3.774 133.029 3.828
202412 4.323 133.157 4.380
202503 4.172 134.927 4.172

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Tesla  (BSP:TSLA34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.91/1.50
=37.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tesla was 209.53. The lowest was 17.14. And the median was 48.70.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Tesla Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Tesla's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Tesla Business Description

Industry
Address
1 Tesla Road, Austin, TX, USA, 78725
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

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