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Sonoco Products Co (FRA:SNS) Cyclically Adjusted Book per Share : €19.85 (As of Mar. 2024)


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What is Sonoco Products Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Sonoco Products Co's adjusted book value per share for the three months ended in Mar. 2024 was €22.663. 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 €19.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sonoco Products Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sonoco Products Co was 6.50% per year. The lowest was 1.90% per year. And the median was 4.40% per year.

As of today (2024-05-24), Sonoco Products Co's current stock price is €56.00. Sonoco Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.85. Sonoco Products Co's Cyclically Adjusted PB Ratio of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sonoco Products Co was 3.89. The lowest was 2.34. And the median was 3.05.


Sonoco Products Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sonoco Products Co's Cyclically Adjusted Book per Share 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.

Sonoco Products Co Cyclically Adjusted Book per Share Chart

Sonoco Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.08 14.37 16.46 18.81 18.99

Sonoco Products 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 Book per Share 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 18.60 18.99 19.91 18.99 19.85

Competitive Comparison of Sonoco Products Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Sonoco Products 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.


Sonoco Products Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sonoco Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sonoco Products Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sonoco Products Co'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)
=22.663/131.7762*131.7762
=22.663

Current CPI (Mar. 2024) = 131.7762.

Sonoco Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.604 100.560 16.517
201409 13.172 100.428 17.284
201412 11.997 99.070 15.958
201503 13.788 99.621 18.238
201506 13.416 100.684 17.559
201509 13.065 100.392 17.149
201512 13.759 99.792 18.169
201603 13.937 100.470 18.280
201606 13.780 101.688 17.857
201609 13.967 101.861 18.069
201612 14.645 101.863 18.946
201703 14.914 102.862 19.106
201706 14.844 103.349 18.927
201709 14.621 104.136 18.502
201712 14.510 104.011 18.383
201803 14.435 105.290 18.066
201806 15.197 106.317 18.836
201809 15.573 106.507 19.268
201812 15.489 105.998 19.256
201903 15.820 107.251 19.438
201906 16.275 108.070 19.845
201909 16.709 108.329 20.325
201912 16.192 108.420 19.680
202003 15.734 108.902 19.039
202006 15.908 108.767 19.273
202009 15.820 109.815 18.984
202012 15.545 109.897 18.640
202103 15.884 111.754 18.730
202106 15.213 114.631 17.488
202109 15.993 115.734 18.210
202112 16.701 117.630 18.710
202203 17.806 121.301 19.344
202206 18.724 125.017 19.736
202209 19.976 125.227 21.021
202212 19.972 125.222 21.017
202303 20.962 127.348 21.691
202306 21.600 128.729 22.111
202309 22.312 129.860 22.641
202312 22.695 129.419 23.108
202403 22.663 131.776 22.663

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Sonoco Products Co  (FRA:SNS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Sonoco Products Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56.00/19.85
=2.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sonoco Products Co was 3.89. The lowest was 2.34. And the median was 3.05.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sonoco Products Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sonoco Products Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonoco Products Co (FRA:SNS) Business Description

Traded in Other Exchanges
Address
1 N. Second Street, Hartsville, SC, USA, 29550
Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.

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