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Aptiv (FRA:D7A) Cyclically Adjusted PB Ratio : 3.74 (As of May. 17, 2024)


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What is Aptiv Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Aptiv's current share price is €75.72. Aptiv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.23. Aptiv's Cyclically Adjusted PB Ratio for today is 3.74.

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

FRA:D7A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.17   Med: 6.82   Max: 14.09
Current: 3.72

During the past years, Aptiv's highest Cyclically Adjusted PB Ratio was 14.09. The lowest was 3.17. And the median was 6.82.

FRA:D7A's Cyclically Adjusted PB Ratio is ranked worse than
83.39% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs FRA:D7A: 3.72

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.

Aptiv's adjusted book value per share data for the three months ended in Mar. 2024 was €37.606. 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 €20.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aptiv Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aptiv'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.

Aptiv Cyclically Adjusted PB Ratio Chart

Aptiv 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 9.67 11.75 11.49 5.21 4.20

Aptiv 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 5.96 5.18 4.79 4.20 3.60

Competitive Comparison of Aptiv's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Aptiv'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.


Aptiv's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Aptiv 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.

Aptiv's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.72/20.23
=3.74

* 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.

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

For example, Aptiv'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)
=37.606/120.9901*120.9901
=37.606

Current CPI (Mar. 2024) = 120.9901.

Aptiv Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.641 100.773 9.174
201409 7.570 100.474 9.116
201412 6.980 99.576 8.481
201503 6.877 99.975 8.323
201506 7.760 100.573 9.335
201509 7.354 100.274 8.873
201512 7.424 99.676 9.011
201603 7.433 99.676 9.022
201606 7.769 101.072 9.300
201609 8.382 100.274 10.114
201612 8.437 99.676 10.241
201703 9.002 100.374 10.851
201706 9.656 100.673 11.605
201709 10.109 100.474 12.173
201712 10.486 100.075 12.678
201803 10.620 100.573 12.776
201806 11.387 101.072 13.631
201809 11.708 101.371 13.974
201812 11.694 100.773 14.040
201903 11.732 101.670 13.961
201906 12.156 102.168 14.395
201909 12.662 102.268 14.980
201912 13.464 102.068 15.960
202003 17.652 102.367 20.863
202006 22.829 101.769 27.141
202009 23.150 101.072 27.712
202012 24.064 101.072 28.806
202103 25.085 102.367 29.648
202106 25.534 103.364 29.888
202109 26.062 104.859 30.071
202112 27.308 106.653 30.979
202203 28.140 109.245 31.165
202206 28.279 112.779 30.338
202209 30.550 113.504 32.565
202212 30.691 115.436 32.168
202303 30.992 117.609 31.883
202306 30.129 119.662 30.463
202309 35.708 120.749 35.779
202312 37.951 120.749 38.027
202403 37.606 120.990 37.606

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.


Aptiv  (FRA:D7A) 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.


Aptiv Cyclically Adjusted PB Ratio Related Terms

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


Aptiv (FRA:D7A) Business Description

Traded in Other Exchanges
Address
5 Hanover Quay, Grand Canal Dock, Dublin, IRL, D02 VY79
Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customers are General Motors and Stellantis, both at roughly 9% of 2022 revenue, followed by Ford and Volkswagen, both at 8%. North America and Europe represented approximately 37% and 31% of total 2022 revenue, respectively.

Aptiv (FRA:D7A) Headlines

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