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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 08, 2024)


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What is Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Bayerische Motoren Werke AG's current share price is $32.79. Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $37.99. Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

BMWYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.09   Max: 1.86
Current: 0.86

During the past years, Bayerische Motoren Werke AG's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.65. And the median was 1.09.

BMWYY's Cyclically Adjusted PB Ratio is ranked better than
65% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs BMWYY: 0.86

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.

Bayerische Motoren Werke AG's adjusted book value per share data for the three months ended in Mar. 2024 was $52.227. 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 $37.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Chart

Bayerische Motoren Werke AG 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 1.15 1.05 1.14 0.91 0.98

Bayerische Motoren Werke AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.05 1.14 0.95 0.98 1.01

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio falls into.



Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.79/37.99
=0.86

* 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bayerische Motoren Werke AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=52.227/125.0381*125.0381
=52.227

Current CPI (Mar. 2024) = 125.0381.

Bayerische Motoren Werke AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.932 99.543 31.318
201409 24.003 99.823 30.066
201412 23.279 99.543 29.241
201503 19.697 99.717 24.699
201506 21.815 100.417 27.164
201509 23.223 100.417 28.917
201512 23.489 99.717 29.454
201603 25.129 100.017 31.416
201606 24.871 100.717 30.877
201609 25.714 101.017 31.829
201612 25.182 101.217 31.109
201703 26.729 101.417 32.955
201706 28.597 102.117 35.016
201709 31.637 102.717 38.512
201712 32.224 102.617 39.265
201803 34.971 102.917 42.488
201806 32.703 104.017 39.312
201809 33.311 104.718 39.775
201812 32.966 104.217 39.552
201903 32.927 104.217 39.505
201906 32.269 105.718 38.166
201909 32.083 106.018 37.839
201912 33.315 105.818 39.366
202003 33.865 105.718 40.054
202006 32.925 106.618 38.613
202009 35.527 105.818 41.980
202012 37.393 105.518 44.311
202103 38.962 107.518 45.311
202106 41.879 108.486 48.269
202109 42.544 109.435 48.610
202112 42.307 110.384 47.924
202203 47.206 113.968 51.791
202206 44.743 115.760 48.329
202209 43.119 118.818 45.376
202212 46.367 119.345 48.579
202303 48.134 122.402 49.170
202306 46.638 123.140 47.357
202309 49.188 124.195 49.522
202312 50.940 123.773 51.461
202403 52.227 125.038 52.227

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.


Bayerische Motoren Werke AG  (OTCPK:BMWYY) 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.


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Related Terms

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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Headlines

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