Lithia Motors's book value per share for the quarter that ended in Mar. 2024 was $233.25.
During the past 12 months, Lithia Motors's average Book Value Per Share Growth Rate was 18.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 31.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 28.10% 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 book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lithia Motors was 283.30% per year. The lowest was -22.20% per year. And the median was 19.15% per year.
Lithia Motors's current price is $262.72. Its book value per share for the quarter that ended in Mar. 2024 was $233.25. Hence, today's PB Ratio of Lithia Motors is 1.13.
During the past 13 years, the highest P/B Ratio of Lithia Motors was 4.37. The lowest was 1.02. And the median was 2.49.
Good Sign:
Lithia Motors Inc stock PB Ratio (=1.13) is close to 10-year low of 1.02
Lithia Motors Book Value per Share Historical Data
The historical data trend for Lithia Motors's Book Value 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.
Competitive Comparison of Lithia Motors's Book Value per Share
For the Auto & Truck Dealerships subindustry, Lithia Motors's PB Ratio, along with its competitors' market caps and 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.
Lithia Motors's PB Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lithia Motors's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lithia Motors's PB Ratio falls into.
Lithia Motors Book Value per Share Calculation
Lithia Motors's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Lithia Motors (NYSE:LAD) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Lithia Motors Book Value per Share Related Terms
Thank you for viewing the detailed overview of Lithia Motors's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Lithia Motors (Lithia Motors) Business Description
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 45 brands of vehicles at about 350 stores globally including 28 U.S. states at year-end 2022 and entered Canada in mid-2021 with the purchase of Pfaff Automotive and bought Jardine and soon Pendragon in the U.K. in 2023. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the U.S. and we expect more deals over time in the U.S. and abroad. Annual revenue in 2022 was $28.2 billion and we see over $50 billion possible in 2025. In 2022, new-car sales were about 46% of total revenue. Lithia was founded in 1946, went public in 1996, and is now the largest U.S. auto dealer. It is based in Medford, Oregon.
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