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Autohome (STU:8AHA) Cyclically Adjusted PB Ratio : 1.68 (As of Jun. 07, 2024)


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What is Autohome Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Autohome's current share price is €6.45. Autohome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.84. Autohome's Cyclically Adjusted PB Ratio for today is 1.68.

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

STU:8AHA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.03   Max: 2.98
Current: 1.65

During the past years, Autohome's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 1.41. And the median was 2.03.

STU:8AHA's Cyclically Adjusted PB Ratio is ranked worse than
52.53% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs STU:8AHA: 1.65

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.

Autohome's adjusted book value per share data for the three months ended in Mar. 2024 was €6.425. 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 €3.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autohome Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autohome'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.

Autohome Cyclically Adjusted PB Ratio Chart

Autohome 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 - - 2.35 2.11 1.68

Autohome 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 2.23 1.92 1.90 1.68 1.55

Competitive Comparison of Autohome's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Autohome'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.


Autohome's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Autohome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autohome 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.45/3.84
=1.68

* 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.

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

For example, Autohome'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)
=6.425/115.2271*115.2271
=6.425

Current CPI (Mar. 2024) = 115.2271.

Autohome Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.727 98.200 0.853
201409 0.799 98.900 0.931
201412 1.086 99.000 1.264
201503 1.298 99.900 1.497
201506 1.367 99.500 1.583
201509 1.395 100.500 1.599
201512 1.527 100.600 1.749
201603 1.570 102.200 1.770
201606 1.666 101.400 1.893
201609 1.702 102.400 1.915
201612 1.889 102.600 2.121
201703 1.978 103.200 2.209
201706 2.013 103.100 2.250
201709 2.103 104.100 2.328
201712 2.175 104.500 2.398
201803 2.316 105.300 2.534
201806 2.614 104.900 2.871
201809 2.660 106.600 2.875
201812 3.011 106.500 3.258
201903 3.301 107.700 3.532
201906 3.450 107.700 3.691
201909 3.620 109.800 3.799
201912 3.946 111.200 4.089
202003 3.964 112.300 4.067
202006 4.097 110.400 4.276
202009 4.287 111.700 4.422
202012 4.623 111.500 4.778
202103 5.314 112.662 5.435
202106 5.679 111.769 5.855
202109 5.878 112.215 6.036
202112 6.223 113.108 6.340
202203 6.413 114.335 6.463
202206 6.496 114.558 6.534
202209 6.898 115.339 6.891
202212 6.565 115.116 6.571
202303 6.526 115.116 6.532
202306 6.373 114.558 6.410
202309 6.559 115.339 6.553
202312 6.357 114.781 6.382
202403 6.425 115.227 6.425

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.


Autohome  (STU:8AHA) 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.


Autohome Cyclically Adjusted PB Ratio Related Terms

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


Autohome (STU:8AHA) Business Description

Address
3 Dan Ling Street, 18th Floor, Tower B, CEC Plaza, Haidian District, Beijing, CHN, 100080
Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China's online auto platform media advertising market in 2019.

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