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Carvana Co (Carvana Co) Cyclically Adjusted PB Ratio : 287.24 (As of May. 27, 2024)


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What is Carvana Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Carvana Co's current share price is $109.15. Carvana Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.38. Carvana Co's Cyclically Adjusted PB Ratio for today is 287.24.

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

CVNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 110   Med: 139.82   Max: 291
Current: 291

During the past 10 years, Carvana Co's highest Cyclically Adjusted PB Ratio was 291.00. The lowest was 110.00. And the median was 139.82.

CVNA's Cyclically Adjusted PB Ratio is ranked worse than
99.89% of 944 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs CVNA: 291.00

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.

Carvana Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was $2.127. 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 $0.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carvana Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carvana 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.

Carvana Co Cyclically Adjusted PB Ratio Chart

Carvana 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 - - - - 141.14

Carvana 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 - - - 141.14 -

Competitive Comparison of Carvana Co's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Carvana 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.


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

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

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



Carvana 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=109.15/0.38
=287.24

* 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.

Carvana Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Carvana Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.127/129.4194*129.4194
=2.127

Current CPI (Dec23) = 129.4194.

Carvana Co Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 -0.188 99.792 -0.244
201612 -7.731 101.863 -9.822
201712 1.581 104.011 1.967
201812 1.934 105.998 2.361
201912 1.943 108.420 2.319
202012 5.071 109.897 5.972
202112 3.403 117.630 3.744
202212 -4.885 125.222 -5.049
202312 2.127 129.419 2.127

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.


Carvana Co  (NYSE:CVNA) 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.


Carvana Co Cyclically Adjusted PB Ratio Related Terms

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


Carvana Co (Carvana Co) Business Description

Traded in Other Exchanges
Address
300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
Executives
Paul W. Breaux officer: See Remarks 300 E RIO SALADO PKWY, TEMPE AZ 85281
Ecg Ii Spe, Llc 10 percent owner 1720 W. RIO SALADO PARKWAY, SUITE A, TEMPE AZ 85281
Thomas Taira officer: President, Special Projects 300 E RIO SALADO PKWY, TEMPE AZ 85281
Daniel J. Gill officer: Chief Product Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Gregory B Sullivan director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Ira J. Platt director 65 STURGES HWY, WESTPORT CT 06880
Michael E Maroone director 909 POINCIANA DRIVE, FORT LAUDERDALE FL 33301
Garcia Ernest C Ii 10 percent owner 100 CRESCENT COURT, SUITE 1100, DALLAS TX 75201
Ryan S. Keeton officer: Chief Brand Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
J Danforth Quayle director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Garcia Ernest C. Iii director, 10 percent owner, officer: Chief Executive Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Benjamin E. Huston officer: Chief Operating Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Mark W. Jenkins officer: Chief Financial Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Stephen R Palmer officer: Vice President of Accounting 1930 W RIO SALADO PKWY, TEMPE AZ 85281
Neha Parikh director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281