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Ford Motor Co (LIM:F) Cyclically Adjusted PB Ratio : 1.21 (As of May. 20, 2024)


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What is Ford Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Ford Motor Co's current share price is $12.08. Ford Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.01. Ford Motor Co's Cyclically Adjusted PB Ratio for today is 1.21.

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

LIM:F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.41   Max: 6.5
Current: 1.2

During the past years, Ford Motor Co's highest Cyclically Adjusted PB Ratio was 6.50. The lowest was 0.67. And the median was 2.41.

LIM:F's Cyclically Adjusted PB Ratio is ranked better than
52.21% of 929 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs LIM:F: 1.20

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.

Ford Motor Co's adjusted book value per share data for the three months ended in Mar. 2024 was $10.738. 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 $10.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ford Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ford Motor Co'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.

Ford Motor Co Cyclically Adjusted PB Ratio Chart

Ford Motor Co 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 1.54 1.26 2.53 1.25 1.22

Ford Motor Co 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 1.32 1.55 1.25 1.22 1.30

Competitive Comparison of Ford Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ford Motor Co'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.


Ford Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Ford Motor Co 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.

Ford Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.08/10.01
=1.21

* 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.

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

For example, Ford Motor Co'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)
=10.738/131.7762*131.7762
=10.738

Current CPI (Mar. 2024) = 131.7762.

Ford Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.697 100.560 8.776
201409 6.526 100.428 8.563
201412 6.096 99.070 8.109
201503 6.192 99.621 8.191
201506 6.534 100.684 8.552
201509 6.813 100.392 8.943
201512 7.105 99.792 9.382
201603 7.319 100.470 9.600
201606 7.697 101.688 9.974
201609 7.780 101.861 10.065
201612 7.421 101.863 9.600
201703 7.551 102.862 9.674
201706 7.948 103.349 10.134
201709 8.193 104.136 10.368
201712 8.767 104.011 11.107
201803 8.946 105.290 11.196
201806 8.954 106.317 11.098
201809 8.990 106.507 11.123
201812 8.826 105.998 10.972
201903 8.917 107.251 10.956
201906 8.843 108.070 10.783
201909 8.660 108.329 10.534
201912 8.370 108.420 10.173
202003 7.242 108.902 8.763
202006 7.525 108.767 9.117
202009 8.087 109.815 9.704
202012 7.493 109.897 8.985
202103 8.233 111.754 9.708
202106 8.430 114.631 9.691
202109 8.897 115.734 10.130
202112 11.774 117.630 13.190
202203 11.194 121.301 12.161
202206 10.987 125.017 11.581
202209 10.478 125.227 11.026
202212 10.848 125.222 11.416
202303 10.592 127.348 10.960
202306 10.913 128.729 11.171
202309 11.058 129.860 11.221
202312 10.764 129.419 10.960
202403 10.738 131.776 10.738

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.


Ford Motor Co  (LIM:F) 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.


Ford Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Ford Motor Co (LIM:F) Business Description

Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.

Ford Motor Co (LIM:F) Headlines