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Suburban Propane Partners LP (Suburban Propane Partners LP) Cyclically Adjusted PB Ratio : 1.52 (As of May. 27, 2024)


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What is Suburban Propane Partners LP Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Suburban Propane Partners LP's current share price is $19.13. Suburban Propane Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.58. Suburban Propane Partners LP's Cyclically Adjusted PB Ratio for today is 1.52.

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

SPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.62   Max: 5.12
Current: 1.52

During the past years, Suburban Propane Partners LP's highest Cyclically Adjusted PB Ratio was 5.12. The lowest was 0.81. And the median was 1.62.

SPH's Cyclically Adjusted PB Ratio is ranked worse than
53.23% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs SPH: 1.52

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.

Suburban Propane Partners LP's adjusted book value per share data for the three months ended in Mar. 2024 was $10.038. 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 $12.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suburban Propane Partners LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP Cyclically Adjusted PB Ratio Chart

Suburban Propane Partners LP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.17 1.09 1.04 1.21

Suburban Propane Partners LP 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 1.11 1.10 1.21 1.39 1.62

Competitive Comparison of Suburban Propane Partners LP's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP'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.


Suburban Propane Partners LP's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Cyclically Adjusted PB Ratio falls into.



Suburban Propane Partners LP 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.

Suburban Propane Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.13/12.58
=1.52

* 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.

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

For example, Suburban Propane Partners LP'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)
=10.038/131.7762*131.7762
=10.038

Current CPI (Mar. 2024) = 131.7762.

Suburban Propane Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.719 100.560 24.530
201409 16.935 100.428 22.221
201412 17.011 99.070 22.627
201503 18.445 99.621 24.399
201506 16.914 100.684 22.137
201509 14.841 100.392 19.481
201512 14.176 99.792 18.719
201603 14.868 100.470 19.501
201606 13.526 101.688 17.528
201609 11.651 101.861 15.073
201612 11.338 101.863 14.668
201703 11.876 102.862 15.214
201706 10.536 103.349 13.434
201709 9.050 104.136 11.452
201712 9.058 104.011 11.476
201803 10.248 105.290 12.826
201806 9.418 106.317 11.673
201809 8.042 106.507 9.950
201812 7.896 105.998 9.816
201903 9.326 107.251 11.459
201906 8.317 108.070 10.141
201909 6.865 108.329 8.351
201912 6.902 108.420 8.389
202003 7.593 108.902 9.188
202006 6.795 108.767 8.232
202009 5.831 109.815 6.997
202012 6.128 109.897 7.348
202103 7.922 111.754 9.341
202106 7.259 114.631 8.345
202109 6.803 115.734 7.746
202112 6.787 117.630 7.603
202203 9.293 121.301 10.096
202206 8.985 125.017 9.471
202209 7.899 125.227 8.312
202212 8.228 125.222 8.659
202303 9.580 127.348 9.913
202306 9.204 128.729 9.422
202309 8.601 129.860 8.728
202312 8.590 129.419 8.746
202403 10.038 131.776 10.038

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.


Suburban Propane Partners LP  (NYSE:SPH) 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.


Suburban Propane Partners LP Cyclically Adjusted PB Ratio Related Terms

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


Suburban Propane Partners LP (Suburban Propane Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Logan Harold R Jr director
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Bryon L Koepke officer: VP,Gen.Counsel & Secretary 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Dee Arthur Tate officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Daniel W. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPANNY NJ 07981-0206
Gregory L. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Francesca Cleffi officer: Vice President,Human Resources C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206