GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoliv Inc (LTS:0MI0) » Definitions » Cyclically Adjusted PB Ratio

Autoliv (LTS:0MI0) Cyclically Adjusted PB Ratio : 2.90 (As of Jun. 06, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Autoliv Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Autoliv's current share price is kr1252.00. Autoliv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr431.75. Autoliv's Cyclically Adjusted PB Ratio for today is 2.90.

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

LTS:0MI0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.18   Max: 3.16
Current: 2.98

During the past years, Autoliv's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 1.04. And the median was 2.18.

LTS:0MI0's Cyclically Adjusted PB Ratio is ranked worse than
74.9% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.345 vs LTS:0MI0: 2.98

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.

Autoliv's adjusted book value per share data for the three months ended in Mar. 2024 was kr310.649. 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 kr431.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autoliv Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autoliv'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.

Autoliv Cyclically Adjusted PB Ratio Chart

Autoliv 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 2.18 2.42 2.69 1.85 2.69

Autoliv 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 2.27 2.06 2.35 2.69 2.99

Competitive Comparison of Autoliv's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Autoliv'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.


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

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

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



Autoliv 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.

Autoliv's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1252.00/431.75
=2.90

* 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.

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

For example, Autoliv'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)
=310.649/132.2054*132.2054
=310.649

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

Book Value per Share CPI Adj_Book
201406 282.919 100.432 372.425
201409 288.383 100.161 380.645
201412 294.758 100.225 388.812
201503 311.749 99.950 412.354
201506 312.027 99.995 412.538
201509 314.001 100.228 414.182
201512 333.157 100.276 439.240
201603 340.403 100.751 446.675
201606 346.182 101.019 453.053
201609 363.945 101.138 475.743
201612 383.749 102.022 497.284
201703 389.067 102.022 504.176
201706 385.433 102.752 495.914
201709 364.808 103.279 466.984
201712 389.248 103.793 495.803
201803 397.952 103.962 506.065
201806 201.519 104.875 254.036
201809 209.337 105.679 261.883
201812 195.297 105.912 243.782
201903 208.935 105.886 260.868
201906 218.392 106.742 270.491
201909 221.108 107.214 272.648
201912 228.152 107.766 279.893
202003 228.969 106.563 284.067
202006 207.023 107.498 254.606
202009 212.919 107.635 261.523
202012 230.512 108.296 281.405
202103 245.157 108.360 299.107
202106 249.499 108.928 302.817
202109 252.782 110.338 302.879
202112 273.519 112.486 321.469
202203 291.005 114.825 335.052
202206 293.097 118.384 327.317
202209 311.466 122.296 336.703
202212 314.591 126.365 329.130
202303 320.649 127.042 333.682
202306 321.027 129.407 327.970
202309 325.767 130.224 330.725
202312 317.375 131.912 318.081
202403 310.649 132.205 310.649

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.


Autoliv  (LTS:0MI0) 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.


Autoliv Cyclically Adjusted PB Ratio Related Terms

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


Autoliv (LTS:0MI0) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.

Autoliv (LTS:0MI0) Headlines

No Headlines