GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcar Parts of America Inc (NAS:MPAA) » Definitions » Cyclically Adjusted Book per Share

Motorcar Parts of America (Motorcar Parts of America) Cyclically Adjusted Book per Share : $16.28 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Motorcar Parts of America 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.

Motorcar Parts of America's adjusted book value per share for the three months ended in Dec. 2023 was $14.329. 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 $16.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Motorcar Parts of America's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Motorcar Parts of America was 11.40% per year. The lowest was -2.40% per year. And the median was 4.05% per year.

As of today (2024-04-28), Motorcar Parts of America's current stock price is $5.73. Motorcar Parts of America's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.28. Motorcar Parts of America's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Motorcar Parts of America was 4.92. The lowest was 0.29. And the median was 1.94.


Motorcar Parts of America Cyclically Adjusted Book per Share Historical Data

The historical data trend for Motorcar Parts of America'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.

Motorcar Parts of America Cyclically Adjusted Book per Share Chart

Motorcar Parts of America Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.58 11.24 11.96 13.68 15.52

Motorcar Parts of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.85 15.52 15.88 16.21 16.28

Competitive Comparison of Motorcar Parts of America's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Motorcar Parts of America'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.


Motorcar Parts of America's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Motorcar Parts of America's Cyclically Adjusted PB Ratio falls into.



Motorcar Parts of America 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, Motorcar Parts of America's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.329/129.4194*129.4194
=14.329

Current CPI (Dec. 2023) = 129.4194.

Motorcar Parts of America Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.276 99.695 9.445
201406 7.580 100.560 9.755
201409 10.225 100.428 13.177
201412 10.425 99.070 13.619
201503 10.582 99.621 13.747
201506 10.779 100.684 13.855
201509 10.643 100.392 13.720
201512 11.092 99.792 14.385
201603 11.376 100.470 14.654
201606 11.812 101.688 15.033
201609 12.259 101.861 15.576
201612 12.835 101.863 16.307
201703 13.335 102.862 16.778
201706 13.697 103.349 17.152
201709 14.379 104.136 17.870
201712 14.082 104.011 17.522
201803 15.184 105.290 18.664
201806 14.313 106.317 17.423
201809 15.009 106.507 18.238
201812 14.875 105.998 18.162
201903 14.867 107.251 17.940
201906 14.576 108.070 17.456
201909 14.851 108.329 17.742
201912 14.992 108.420 17.896
202003 14.524 108.902 17.260
202006 14.319 108.767 17.038
202009 15.136 109.815 17.838
202012 15.726 109.897 18.520
202103 15.812 111.754 18.311
202106 15.980 114.631 18.041
202109 16.182 115.734 18.095
202112 16.393 117.630 18.036
202203 16.502 121.301 17.606
202206 16.381 125.017 16.958
202209 15.996 125.227 16.532
202212 16.161 125.222 16.703
202303 16.439 127.348 16.706
202306 16.503 128.729 16.592
202309 16.589 129.860 16.533
202312 14.329 129.419 14.329

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


Motorcar Parts of America  (NAS:MPAA) 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.

Motorcar Parts of America's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.73/16.28
=0.35

* 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 Motorcar Parts of America was 4.92. The lowest was 0.29. And the median was 1.94.


Be Aware

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


Motorcar Parts of America Cyclically Adjusted Book per Share Related Terms

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


Motorcar Parts of America (Motorcar Parts of America) Business Description

Traded in Other Exchanges
Address
2929 California Street, Torrance, CA, USA, 90503
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
Executives
Rudolph J Borneo director 50 O'FARRELL STREET, SAN FRANCISCO CA 94108
David Bryan director 605 STAPP ROAD, BOULDER CREEK CA 95006
Bison Capital Partners Vi, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler director 39 EAST UNION STREET, PASADENA CA 91103
Richard K Mochulsky officer: Vice President, Sales 2929 CALIFORNIA STREET, TORRANCE CA 90505
Joseph Edwin Ferguson director 5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
Joffe Selwyn director, officer: President, CEO & Chairman
Kamlesh Shah officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee officer: CFO 2929 CALIFORNIA STREET, TORRANCE CA 90503
Patricia W Warfield director 2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller director 7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Philip Gay director 6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Juliet Lynn Stone officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503

Motorcar Parts of America (Motorcar Parts of America) Headlines