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Ford Motor Co (Ford Motor Co) Cyclically Adjusted Book per Share : $10.03 (As of Mar. 2024)


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What is Ford Motor Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 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 $10.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ford Motor Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ford Motor Co was 31.60% per year. The lowest was -26.10% per year. And the median was -6.40% per year.

As of today (2024-04-27), Ford Motor Co's current stock price is $12.79. Ford Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.03. Ford Motor Co's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ford Motor Co was 6.50. The lowest was 0.67. And the median was 2.45.


Ford Motor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ford Motor Co's Cyclically Adjusted Book per Share 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 Book per Share Chart

Ford Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 7.00 8.22 9.27 9.98

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 Book per Share 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 9.55 9.77 9.96 9.98 10.03

Competitive Comparison of Ford Motor Co's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=10.738/129.4194*129.4194
=10.738

Current CPI (Mar. 2024) = 129.4194.

Ford Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.697 100.560 8.619
201409 6.526 100.428 8.410
201412 6.096 99.070 7.963
201503 6.192 99.621 8.044
201506 6.534 100.684 8.399
201509 6.813 100.392 8.783
201512 7.105 99.792 9.214
201603 7.319 100.470 9.428
201606 7.697 101.688 9.796
201609 7.780 101.861 9.885
201612 7.421 101.863 9.429
201703 7.551 102.862 9.501
201706 7.948 103.349 9.953
201709 8.193 104.136 10.182
201712 8.767 104.011 10.909
201803 8.946 105.290 10.996
201806 8.954 106.317 10.900
201809 8.990 106.507 10.924
201812 8.826 105.998 10.776
201903 8.917 107.251 10.760
201906 8.843 108.070 10.590
201909 8.660 108.329 10.346
201912 8.370 108.420 9.991
202003 7.242 108.902 8.606
202006 7.525 108.767 8.954
202009 8.087 109.815 9.531
202012 7.493 109.897 8.824
202103 8.233 111.754 9.534
202106 8.430 114.631 9.518
202109 8.897 115.734 9.949
202112 11.774 117.630 12.954
202203 11.194 121.301 11.943
202206 10.987 125.017 11.374
202209 10.478 125.227 10.829
202212 10.848 125.222 11.212
202303 10.592 127.348 10.764
202306 10.913 128.729 10.972
202309 11.058 129.860 11.021
202312 10.764 129.419 10.764
202403 10.738 129.419 10.738

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ford Motor Co  (NYSE:F) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.79/10.03
=1.28

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ford Motor Co was 6.50. The lowest was 0.67. And the median was 2.45.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ford Motor Co Cyclically Adjusted Book per Share Related Terms

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


Ford Motor Co (Ford Motor Co) Business Description

Industry
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.
Executives
John Douglas Field officer: Chief AT&ES Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Andrew Frick officer: President, Ford Blue ONE AMERICAN ROAD, DEARBORN MI 48126
Peter C Stern officer: President, Integrated Services C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John T. Lawler officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Farley Jr James D officer: Group Vice President FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ashwani Kumar Galhotra officer: Group Vice President ONE AMERICAN ROAD, DEARBORN MI 48138
Theodore J. Cannis officer: CEO of Ford Pro ONE AMERICAN ROAD, DEARBORN MI 48126
Shengpo Wu officer: President and CEO, Ford China ONE AMERICAN ROAD, DEARBORN MI 48126
Stuart J. Rowley officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Jennifer Waldo officer: Chief People & E. Exp. Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Marin Gjaja officer: Chief Cust. Off., Ford Model e ONE AMERICAN ROAD, DEARBORN MI 48126
Ford William Clay Jr director, officer: Chairman and CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Alexandra Ford English director ONE AMERICAN ROAD, DEARBORN MI 48126
May John C Ii director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Catherine A. O'callaghan officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126