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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Cyclically Adjusted PB Ratio : 0.99 (As of May. 18, 2024)


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What is Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Bayerische Motoren Werke AG's current share price is $106.78. Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $108.10. Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.09   Max: 1.86
Current: 0.91

During the past years, Bayerische Motoren Werke AG's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.65. And the median was 1.09.

BAMXF's Cyclically Adjusted PB Ratio is ranked better than
62.39% of 928 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs BAMXF: 0.91

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.

Bayerische Motoren Werke AG's adjusted book value per share data for the three months ended in Mar. 2024 was $156.838. 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 $108.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Chart

Bayerische Motoren Werke AG 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 1.15 1.05 1.14 0.91 0.98

Bayerische Motoren Werke AG 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 1.05 1.14 0.95 0.98 1.01

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio falls into.



Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.78/108.1
=0.99

* 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bayerische Motoren Werke AG'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)
=156.838/125.0381*125.0381
=156.838

Current CPI (Mar. 2024) = 125.0381.

Bayerische Motoren Werke AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 74.871 99.543 94.047
201409 72.082 99.823 90.290
201412 69.908 99.543 87.813
201503 59.151 99.717 74.171
201506 65.511 100.417 81.574
201509 69.739 100.417 86.838
201512 70.537 99.717 88.449
201603 75.461 100.017 94.339
201606 74.687 100.717 92.723
201609 77.218 101.017 95.580
201612 75.622 101.217 93.419
201703 80.267 101.417 98.962
201706 85.877 102.117 105.153
201709 95.007 102.717 115.653
201712 96.769 102.617 117.912
201803 105.019 102.917 127.592
201806 98.206 104.017 118.052
201809 100.033 104.718 119.445
201812 98.996 104.217 118.774
201903 98.879 104.217 118.633
201906 96.903 105.718 114.613
201909 96.346 106.018 113.631
201912 100.045 105.818 118.217
202003 101.696 105.718 120.282
202006 98.875 106.618 115.958
202009 106.687 105.818 126.065
202012 112.291 105.518 133.065
202103 117.004 107.518 136.070
202106 125.761 108.486 144.949
202109 127.758 109.435 145.974
202112 127.048 110.384 143.915
202203 141.758 113.968 155.527
202206 134.363 115.760 145.132
202209 129.487 118.818 136.266
202212 139.240 119.345 145.882
202303 144.546 122.402 147.659
202306 140.054 123.140 142.212
202309 142.336 124.195 143.303
202312 152.972 123.773 154.536
202403 156.838 125.038 156.838

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.


Bayerische Motoren Werke AG  (OTCPK:BAMXF) 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.


Bayerische Motoren Werke AG Cyclically Adjusted PB Ratio Related Terms

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


Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Headlines

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