The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Lithia Motors's share price is $249.515. Lithia Motors's Book Value per Share for the quarter that ended in Dec. 2023 was $226.79. Hence, Lithia Motors's PB Ratio of today is 1.10.
Good Sign:
Lithia Motors Inc stock PB Ratio (=1.1) is close to 10-year low of 1.02
The historical rank and industry rank for Lithia Motors's PB Ratio or its related term are showing as below:
LAD'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 2.49 Max: 4.37
Current: 1.1
During the past 13 years, Lithia Motors's highest PB Ratio was 4.37. The lowest was 1.02. And the median was 2.49.
LAD's PB Ratio is ranked better than 60.03% of 1251
companies
in the Vehicles & Parts industry
Industry Median: 1.44
vs LAD: 1.10
During the past 12 months, Lithia Motors's average Book Value Per Share Growth Rate was 18.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 31.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 28.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lithia Motors was 283.30% per year. The lowest was -22.20% per year. And the median was 19.15% per year.
Back to Basics: PB Ratio
Lithia Motors PB Ratio Historical Data
The historical data trend for Lithia Motors's 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.
Competitive Comparison of Lithia Motors's PB Ratio
For the Auto & Truck Dealerships subindustry, Lithia Motors's PB Ratio, along with its competitors' market caps and 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.
Lithia Motors's PB Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lithia Motors's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lithia Motors's PB Ratio falls into.
Lithia Motors PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Lithia Motors's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Lithia Motors PB Ratio Related Terms
Thank you for viewing the detailed overview of Lithia Motors's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Lithia Motors (Lithia Motors) Business Description
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 45 brands of vehicles at about 350 stores globally including 28 U.S. states at year-end 2022 and entered Canada in mid-2021 with the purchase of Pfaff Automotive and bought Jardine and soon Pendragon in the U.K. in 2023. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the U.S. and we expect more deals over time in the U.S. and abroad. Annual revenue in 2022 was $28.2 billion and we see over $50 billion possible in 2025. In 2022, new-car sales were about 46% of total revenue. Lithia was founded in 1946, went public in 1996, and is now the largest U.S. auto dealer. It is based in Medford, Oregon.
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