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Autohome (FRA:8AHB) Cyclically Adjusted PB Ratio : 1.58 (As of Jun. 09, 2024)


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What is Autohome Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Autohome's current share price is €25.00. Autohome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.80. Autohome's Cyclically Adjusted PB Ratio for today is 1.58.

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

FRA:8AHB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.04   Max: 2.91
Current: 1.62

During the past years, Autohome's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.42. And the median was 2.04.

FRA:8AHB's Cyclically Adjusted PB Ratio is ranked worse than
51.18% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs FRA:8AHB: 1.62

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.

Autohome's adjusted book value per share data for the three months ended in Mar. 2024 was €25.699. 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 €15.80 for the trailing ten years ended in Mar. 2024.

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 1.70

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 1.70 1.53

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.00/15.8
=1.58

* 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.

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)
=25.699/115.2271*115.2271
=25.699

Current CPI (Mar. 2024) = 115.2271.

Autohome Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.910 98.200 3.415
201409 3.194 98.900 3.721
201412 4.343 99.000 5.055
201503 5.192 99.900 5.989
201506 5.468 99.500 6.332
201509 5.580 100.500 6.398
201512 6.108 100.600 6.996
201603 6.279 102.200 7.079
201606 6.664 101.400 7.573
201609 6.809 102.400 7.662
201612 7.558 102.600 8.488
201703 7.911 103.200 8.833
201706 8.054 103.100 9.001
201709 8.414 104.100 9.313
201712 8.700 104.500 9.593
201803 9.264 105.300 10.137
201806 10.454 104.900 11.483
201809 10.639 106.600 11.500
201812 12.044 106.500 13.031
201903 13.202 107.700 14.125
201906 13.801 107.700 14.766
201909 14.482 109.800 15.198
201912 15.785 111.200 16.357
202003 15.857 112.300 16.270
202006 16.390 110.400 17.107
202009 17.148 111.700 17.689
202012 18.493 111.500 19.111
202103 21.257 112.662 21.741
202106 22.716 111.769 23.419
202109 23.513 112.215 24.144
202112 24.891 113.108 25.357
202203 25.653 114.335 25.853
202206 25.982 114.558 26.134
202209 27.593 115.339 27.566
202212 26.258 115.116 26.283
202303 26.104 115.116 26.129
202306 25.494 114.558 25.643
202309 26.237 115.339 26.212
202312 25.429 114.781 25.528
202403 25.699 115.227 25.699

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  (FRA:8AHB) 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 (FRA:8AHB) Business Description

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.

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