GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cars.com Inc (NYSE:CARS) » Definitions » Cyclically Adjusted PB Ratio

Cars.com (Cars.com) Cyclically Adjusted PB Ratio : 0.80 (As of May. 23, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Cars.com Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Cars.com's current share price is $18.49. Cars.com's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $23.17. Cars.com's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Cars.com's Cyclically Adjusted PB Ratio or its related term are showing as below:

CARS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.74   Max: 0.82
Current: 0.8

During the past 11 years, Cars.com's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.60. And the median was 0.74.

CARS's Cyclically Adjusted PB Ratio is ranked better than
67.91% of 938 companies
in the Vehicles & Parts industry
Industry Median: 1.285 vs CARS: 0.80

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.

Cars.com's adjusted book value per share data of for the fiscal year that ended in Dec23 was $7.464. 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 $23.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cars.com Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cars.com'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.

Cars.com Cyclically Adjusted PB Ratio Chart

Cars.com 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 - - - 0.57 0.82

Cars.com 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 - - - 0.82 -

Competitive Comparison of Cars.com's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Cars.com'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.


Cars.com's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Cars.com 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.

Cars.com's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.49/23.17
=0.80

* 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.

Cars.com's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cars.com's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.464/129.4194*129.4194
=7.464

Current CPI (Dec23) = 129.4194.

Cars.com Annual Data

Book Value per Share CPI Adj_Book
201412 32.621 99.070 42.614
201512 32.186 99.792 41.742
201612 33.761 101.863 42.894
201712 23.442 104.011 29.169
201812 23.834 105.998 29.100
201912 17.091 108.420 20.401
202012 5.048 109.897 5.945
202112 5.754 117.630 6.331
202212 5.799 125.222 5.993
202312 7.464 129.419 7.464

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.


Cars.com  (NYSE:CARS) 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.


Cars.com Cyclically Adjusted PB Ratio Related Terms

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


Cars.com (Cars.com) Business Description

Traded in Other Exchanges
Address
300 S. Riverside Plaza, Suite 1000, Chicago, IL, USA, 60606
Cars.com Inc is an online destination for buying and selling new and used vehicles. The company brands include Dealer Inspire, DealerRater, FUEL, Accu-Trade, PickupTrucks.com, CreditIQ, and NewCars.com., websites directed towards different consumer segments.
Executives
Thomas Alex Vetter director, officer: CEO C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60604
Sonia Jain officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Angelique Strong Marks officer: Chief Legal Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Bryan Wiener director 520 BROAD STREET, NEWARK NJ 07102
Douglas Neal Miller officer: Chief Revenue Officer CARS.COM INC., 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Mcgovern Jr. Donald A. director C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Thomas E Hale director 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Jeanette Tomy officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
James F Rogers officer: Chief Legal Officer 175 W. JACKSON, SUITE 800, CHICAGO IL 60604
Jenell Ross director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Scott E Forbes director C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Jill A Greenthal director MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Becky A Sheehan officer: Chief Financial Officer C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
Greg Revelle director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051