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Ford Otomotivnayi AS (Ford Otomotivnayi AS) Cyclically Adjusted PB Ratio : 32.44 (As of May. 15, 2024)


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What is Ford Otomotivnayi AS Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Ford Otomotivnayi AS's current share price is $169.96. Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.24. Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is 32.44.

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

FOVSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.46   Med: 17.68   Max: 44.39
Current: 39.15

During the past years, Ford Otomotivnayi AS's highest Cyclically Adjusted PB Ratio was 44.39. The lowest was 5.46. And the median was 17.68.

FOVSY's Cyclically Adjusted PB Ratio is ranked worse than
99.24% of 921 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs FOVSY: 39.15

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.

Ford Otomotivnayi AS's adjusted book value per share data for the three months ended in Dec. 2023 was $35.775. 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 $5.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ford Otomotivnayi AS'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.

Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Chart

Ford Otomotivnayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 13.45 20.44 29.30 25.20

Ford Otomotivnayi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.30 29.84 35.29 34.58 25.20

Competitive Comparison of Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ford Otomotivnayi AS'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.


Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Ford Otomotivnayi AS 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.

Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.96/5.24
=32.44

* 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.

Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ford Otomotivnayi AS's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=35.775/129.4194*129.4194
=35.775

Current CPI (Dec. 2023) = 129.4194.

Ford Otomotivnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.556 99.695 20.194
201406 17.724 100.560 22.811
201409 17.825 100.428 22.971
201412 17.101 99.070 22.340
201503 15.295 99.621 19.870
201506 15.214 100.684 19.556
201509 13.446 100.392 17.334
201512 14.930 99.792 19.363
201603 14.368 100.470 18.508
201606 15.565 101.688 19.810
201609 15.855 101.861 20.145
201612 12.891 101.863 16.378
201703 11.543 102.862 14.523
201706 13.488 103.349 16.890
201709 14.923 104.136 18.546
201712 13.703 104.011 17.050
201803 11.818 105.290 14.526
201806 11.065 106.317 13.469
201809 7.682 106.507 9.335
201812 10.434 105.998 12.740
201903 9.108 107.251 10.991
201906 9.679 108.070 11.591
201909 11.524 108.329 13.768
201912 11.358 108.420 13.558
202003 9.035 108.902 10.737
202006 8.675 108.767 10.322
202009 9.027 109.815 10.639
202012 13.014 109.897 15.326
202103 11.226 111.754 13.000
202106 11.541 114.631 13.030
202109 15.013 115.734 16.788
202112 10.666 117.630 11.735
202203 8.088 121.301 8.629
202206 9.784 125.017 10.129
202209 12.168 125.227 12.575
202212 39.057 125.222 40.366
202303 16.546 127.348 16.815
202306 16.410 128.729 16.498
202309 21.377 129.860 21.305
202312 35.775 129.419 35.775

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.


Ford Otomotivnayi AS  (OTCPK:FOVSY) 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Related Terms

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Ford Otomotivnayi AS (Ford Otomotivnayi AS) Business Description

Traded in Other Exchanges
Address
Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Headlines

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