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General Motors Co (General Motors Co) Cyclically Adjusted PB Ratio : 1.19 (As of Apr. 27, 2024)


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What is General Motors Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), General Motors Co's current share price is $45.84. General Motors Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $38.40. General Motors Co's Cyclically Adjusted PB Ratio for today is 1.19.

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

GM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.35   Max: 2.28
Current: 1.19

During the past years, General Motors Co's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.70. And the median was 1.35.

GM's Cyclically Adjusted PB Ratio is ranked better than
50.94% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs GM: 1.19

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.

General Motors Co's adjusted book value per share data for the three months ended in Mar. 2024 was $60.544. 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 $38.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Motors Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for General Motors 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.

General Motors Co Cyclically Adjusted PB Ratio Chart

General Motors 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 1.44 1.55 1.94 0.99 0.95

General Motors 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 1.04 1.06 0.88 0.95 1.18

Competitive Comparison of General Motors Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, General Motors 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.


General Motors Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



General Motors 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.

General Motors Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.84/38.4
=1.19

* 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.

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

For example, General Motors 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)
=60.544/129.4194*129.4194
=60.544

Current CPI (Mar. 2024) = 129.4194.

General Motors Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.303 100.560 31.278
201409 24.933 100.428 32.131
201412 22.161 99.070 28.950
201503 22.706 99.621 29.498
201506 22.188 100.684 28.521
201509 21.649 100.392 27.909
201512 26.581 99.792 34.473
201603 27.288 100.470 35.151
201606 27.269 101.688 34.706
201609 29.813 101.861 37.879
201612 29.224 101.863 37.130
201703 30.648 102.862 38.561
201706 30.347 103.349 38.002
201709 30.174 104.136 37.500
201712 25.001 104.011 31.108
201803 24.499 105.290 30.114
201806 25.844 106.317 31.460
201809 27.186 106.507 33.035
201812 27.757 105.998 33.890
201903 29.118 107.251 35.137
201906 30.583 108.070 36.625
201909 31.183 108.329 37.254
201912 29.851 108.420 35.633
202003 28.006 108.902 33.283
202006 28.074 108.767 33.405
202009 30.958 109.815 36.485
202012 32.164 109.897 37.878
202103 34.531 111.754 39.989
202106 34.446 114.631 38.890
202109 36.100 115.734 40.369
202112 39.829 117.630 43.821
202203 41.397 121.301 44.168
202206 42.636 125.017 44.137
202209 46.620 125.227 48.181
202212 48.423 125.222 50.046
202303 49.912 127.348 50.724
202306 51.182 128.729 51.457
202309 53.196 129.860 53.016
202312 53.572 129.419 53.572
202403 60.544 129.419 60.544

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.


General Motors Co  (NYSE:GM) 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.


General Motors Co Cyclically Adjusted PB Ratio Related Terms

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


General Motors Co (General Motors Co) Business Description

Address
300 Renaissance Center, Detroit, MI, USA, 48265-3000
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Executives
Mark L Reuss officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Jan E Tighe director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Rory Harvey officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Michael Robert Abbott officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Paul A Jacobson officer: Executive Vice President & CFO 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Gerald Johnson officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Stephen K. Carlisle officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Jon Mcneill director 45500 FREMONT BLVD, FREMONT CA 94538
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Wesley G Bush director 333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Julian G. Blissett officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Patricia F Russo director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Douglas L Parks officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Craig B. Glidden officer: Executive Vice President & GC 300 RENAISSANCE CENTER., M/C: 482-C25-A36, DETROIT MI 48265-3000
Christopher Hatto officer: VP, Controller & CAO 27175 HAGGERTY ROAD, NOVI MI 49377

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