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Autohome (BSP:A1TH34) Cyclically Adjusted PB Ratio : (As of May. 13, 2024)


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What is Autohome Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autohome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autohome'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.

Autohome Cyclically Adjusted PB Ratio Chart

Autohome 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 - - 2.40 2.09 1.71

Autohome 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 2.23 1.91 1.90 1.71 -

Competitive Comparison of Autohome's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Autohome'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.


Autohome's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Autohome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autohome 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.

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

For example, Autohome'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)
=3.472/114.6694*114.6694
=3.472

Current CPI (Mar. 2024) = 114.6694.

Autohome Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.221 98.200 0.258
201409 0.241 98.900 0.279
201412 0.354 99.000 0.410
201503 0.441 99.900 0.506
201506 0.477 99.500 0.550
201509 0.611 100.500 0.697
201512 0.646 100.600 0.736
201603 0.646 102.200 0.725
201606 0.641 101.400 0.725
201609 0.622 102.400 0.697
201612 0.668 102.600 0.747
201703 0.662 103.200 0.736
201706 0.745 103.100 0.829
201709 0.785 104.100 0.865
201712 0.848 104.500 0.931
201803 0.936 105.300 1.019
201806 1.151 104.900 1.258
201809 1.275 106.600 1.372
201812 1.330 106.500 1.432
201903 1.432 107.700 1.525
201906 1.503 107.700 1.600
201909 1.643 109.800 1.716
201912 1.800 111.200 1.856
202003 2.140 112.300 2.185
202006 2.394 110.400 2.487
202009 2.727 111.700 2.799
202012 2.894 111.500 2.976
202103 3.565 112.662 3.629
202106 3.441 111.769 3.530
202109 3.651 112.215 3.731
202112 3.976 113.108 4.031
202203 3.515 114.335 3.525
202206 3.466 114.558 3.469
202209 3.581 115.339 3.560
202212 3.648 115.116 3.634
202303 3.639 115.116 3.625
202306 3.352 114.558 3.355
202309 3.457 115.339 3.437
202312 3.397 114.669 3.397
202403 3.472 114.669 3.472

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.


Autohome  (BSP:A1TH34) 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.


Autohome Cyclically Adjusted PB Ratio Related Terms

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


Autohome (BSP:A1TH34) Business Description

Traded in Other Exchanges
Address
3 Dan Ling Street, 18th Floor, Tower B, CEC Plaza, Haidian District, Beijing, CHN, 100080
Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China's online auto platform media advertising market in 2019.

Autohome (BSP:A1TH34) Headlines

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