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Asbury Automotive Group (FRA:AWG) Cyclically Adjusted PB Ratio : 4.08 (As of Jun. 10, 2024)


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What is Asbury Automotive Group Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Asbury Automotive Group's current share price is €216.00. Asbury Automotive Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €53.00. Asbury Automotive Group's Cyclically Adjusted PB Ratio for today is 4.08.

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

FRA:AWG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 4.94   Max: 10.07
Current: 4.05

During the past years, Asbury Automotive Group's highest Cyclically Adjusted PB Ratio was 10.07. The lowest was 2.44. And the median was 4.94.

FRA:AWG's Cyclically Adjusted PB Ratio is ranked worse than
84.02% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs FRA:AWG: 4.05

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.

Asbury Automotive Group's adjusted book value per share data for the three months ended in Mar. 2024 was €152.644. 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 €53.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asbury Automotive Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asbury Automotive Group'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.

Asbury Automotive Group Cyclically Adjusted PB Ratio Chart

Asbury Automotive Group 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 6.76 7.36 6.43 4.63 4.22

Asbury Automotive Group 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 4.95 5.21 4.60 4.22 4.08

Competitive Comparison of Asbury Automotive Group's Cyclically Adjusted PB Ratio

For the Auto & Truck Dealerships subindustry, Asbury Automotive Group'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.


Asbury Automotive Group's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Asbury Automotive Group's Cyclically Adjusted PB Ratio falls into.



Asbury Automotive Group 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.

Asbury Automotive Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=216.00/53
=4.08

* 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.

Asbury Automotive Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asbury Automotive Group'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)
=152.644/131.7762*131.7762
=152.644

Current CPI (Mar. 2024) = 131.7762.

Asbury Automotive Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.825 100.560 16.806
201409 13.657 100.428 17.920
201412 12.650 99.070 16.826
201503 12.833 99.621 16.975
201506 12.301 100.684 16.100
201509 11.040 100.392 14.491
201512 11.637 99.792 15.367
201603 9.359 100.470 12.275
201606 8.819 101.688 11.428
201609 10.277 101.861 13.295
201612 12.476 101.863 16.140
201703 13.182 102.862 16.887
201706 13.545 103.349 17.271
201709 13.996 104.136 17.711
201712 16.004 104.011 20.276
201803 16.678 105.290 20.874
201806 18.946 106.317 23.483
201809 20.501 106.507 25.365
201812 21.501 105.998 26.730
201903 23.010 107.251 28.272
201906 25.443 108.070 31.024
201909 28.221 108.329 34.329
201912 30.169 108.420 36.668
202003 30.998 108.902 37.509
202006 32.828 108.767 39.773
202009 35.742 109.815 42.890
202012 38.595 109.897 46.279
202103 43.348 111.754 51.114
202106 49.277 114.631 56.647
202109 57.190 115.734 65.117
202112 80.915 117.630 90.646
202203 89.547 121.301 97.280
202206 103.031 125.017 108.602
202209 120.599 125.227 126.907
202212 127.066 125.222 133.717
202303 132.254 127.348 136.853
202306 137.655 128.729 140.914
202309 147.931 129.860 150.114
202312 146.302 129.419 148.966
202403 152.644 131.776 152.644

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.


Asbury Automotive Group  (FRA:AWG) 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.


Asbury Automotive Group Cyclically Adjusted PB Ratio Related Terms

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


Asbury Automotive Group (FRA:AWG) Business Description

Traded in Other Exchanges
Address
2905 Premiere Parkway North West, Suite 300, Duluth, GA, USA, 30097
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 138 new-vehicle stores, seven used-vehicle stores, and 32 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, and the Larry H. Miller brand in the Western U.S. It plans to acquire Koons in the Washington, D.C. area in late 2023 or early 2024. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.

Asbury Automotive Group (FRA:AWG) Headlines

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