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Ford Motor Co (XBRU:F) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Ford Motor Co 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


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 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)
=9.836/131.7762*131.7762
=9.836

Current CPI (Mar. 2024) = 131.7762.

Ford Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.821 100.560 6.318
201409 5.058 100.428 6.637
201412 4.942 99.070 6.574
201503 5.748 99.621 7.603
201506 5.851 100.684 7.658
201509 6.103 100.392 8.011
201512 6.557 99.792 8.659
201603 6.630 100.470 8.696
201606 6.912 101.688 8.957
201609 6.996 101.861 9.051
201612 6.896 101.863 8.921
201703 7.139 102.862 9.146
201706 7.156 103.349 9.124
201709 6.954 104.136 8.800
201712 7.497 104.011 9.498
201803 7.362 105.290 9.214
201806 7.779 106.317 9.642
201809 7.820 106.507 9.675
201812 7.876 105.998 9.791
201903 8.033 107.251 9.870
201906 7.967 108.070 9.715
201909 8.004 108.329 9.736
201912 7.448 108.420 9.052
202003 6.692 108.902 8.098
202006 6.826 108.767 8.270
202009 7.013 109.815 8.415
202012 6.291 109.897 7.543
202103 7.086 111.754 8.356
202106 7.175 114.631 8.248
202109 7.757 115.734 8.832
202112 10.708 117.630 11.996
202203 10.186 121.301 11.066
202206 10.420 125.017 10.983
202209 10.610 125.227 11.165
202212 10.180 125.222 10.713
202303 9.868 127.348 10.211
202306 10.053 128.729 10.291
202309 10.343 129.860 10.496
202312 9.781 129.419 9.959
202403 9.836 131.776 9.836

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  (XBRU: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

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Ford Motor Co (XBRU: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.