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America's Car-Mart (America's Car-Mart) Cyclically Adjusted PB Ratio : 1.11 (As of Apr. 29, 2024)


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What is America's Car-Mart Cyclically Adjusted PB Ratio?

As of today (2024-04-29), America's Car-Mart's current share price is $58.45. America's Car-Mart's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $52.65. America's Car-Mart's Cyclically Adjusted PB Ratio for today is 1.11.

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

CRMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.44   Max: 5.03
Current: 1.1

During the past years, America's Car-Mart's highest Cyclically Adjusted PB Ratio was 5.03. The lowest was 1.08. And the median was 2.44.

CRMT's Cyclically Adjusted PB Ratio is ranked better than
54.76% of 904 companies
in the Vehicles & Parts industry
Industry Median: 1.235 vs CRMT: 1.10

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.

America's Car-Mart's adjusted book value per share data for the three months ended in Jan. 2024 was $73.369. 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 $52.65 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


America's Car-Mart Cyclically Adjusted PB Ratio Historical Data

The historical data trend for America's Car-Mart'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.

America's Car-Mart Cyclically Adjusted PB Ratio Chart

America's Car-Mart Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 2.24 4.42 1.94 1.65

America's Car-Mart Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.84 1.65 2.37 1.29 1.16

Competitive Comparison of America's Car-Mart's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, America's Car-Mart'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.


America's Car-Mart's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where America's Car-Mart's Cyclically Adjusted PB Ratio falls into.



America's Car-Mart 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.

America's Car-Mart's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.45/52.65
=1.11

* 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.

America's Car-Mart's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, America's Car-Mart's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=73.369/129.4194*129.4194
=73.369

Current CPI (Jan. 2024) = 129.4194.

America's Car-Mart Quarterly Data

Book Value per Share CPI Adj_Book
201404 24.372 100.023 31.535
201407 25.124 100.520 32.347
201410 25.662 100.176 33.153
201501 26.381 98.604 34.626
201504 26.853 99.824 34.814
201507 27.344 100.691 35.146
201510 27.262 100.346 35.161
201601 27.821 99.957 36.021
201604 28.328 100.947 36.318
201607 29.374 101.524 37.445
201610 29.959 101.988 38.017
201701 30.197 102.456 38.144
201704 30.612 103.167 38.402
201707 31.471 103.278 39.437
201710 31.601 104.070 39.298
201801 33.270 104.578 41.173
201804 33.644 105.708 41.191
201807 34.634 106.324 42.157
201810 35.793 106.695 43.416
201901 36.735 106.200 44.767
201904 38.871 107.818 46.659
201907 40.980 108.250 48.994
201910 42.377 108.577 50.512
202001 44.125 108.841 52.468
202004 45.724 108.173 54.705
202007 49.044 109.318 58.062
202010 52.033 109.861 61.297
202101 54.896 110.364 64.374
202104 61.335 112.673 70.451
202107 64.295 115.183 72.242
202110 67.194 116.696 74.520
202201 69.873 118.619 76.235
202204 74.770 121.978 79.331
202207 75.473 125.002 78.140
202210 77.285 125.734 79.550
202301 77.730 126.223 79.698
202304 78.207 127.992 79.079
202307 79.071 128.974 79.344
202310 74.655 129.810 74.431
202401 73.369 129.419 73.369

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.


America's Car-Mart  (NAS:CRMT) 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.


America's Car-Mart Cyclically Adjusted PB Ratio Related Terms

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


America's Car-Mart (America's Car-Mart) Business Description

Traded in Other Exchanges
N/A
Address
1805 North 2nd Street, Suite 401, Rogers, AR, USA, 72756
America's Car-Mart Inc is an automotive retailer in us focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The Company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company earns revenue from the sale of used vehicles and in most cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Campbell Douglas W. Jr. officer: President C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Joshua G Welch director C/O VICUNA ADVISORS LLC, PO BOX 427, STONINGTON CT 06378
Julia K. Davis director C/O AMERICA'S CAR-MART, INC., 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Leonard L. Walthall officer: Chief Operating Officer 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
William H Henderson director, officer: President and CEO C/O AMERICA'S CARMART, 1805 NORTH 2ND STREET, SUITE 401, ROGERS AR 72756
Gremp Jim Von director C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Ann G. Bordelon director C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Ray C Dillon director C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Robert Cameron Smith director 802 SOUTHEAST PLAZA AVENUE, SUITE 200, BENTONVILLE AR 72712
Vickie D. Judy officer: Principal Accounting Officer C/O AMERICA'S CAR-MART, INC., 1805 N. 2ND STREET, SUITE 401, ROGERS AR 72756
Eddie L Hight officer: Chief Operating Officer C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE, #200, BENTONVILLE AR 72712
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102