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Shoprite Holdings (Shoprite Holdings) Cyclically Adjusted PB Ratio : 5.23 (As of May. 17, 2024)


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What is Shoprite Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Shoprite Holdings's current share price is $14.39. Shoprite Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $2.75. Shoprite Holdings's Cyclically Adjusted PB Ratio for today is 5.23.

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

SRGHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.48   Med: 5.58   Max: 17.5
Current: 5.06

During the past 13 years, Shoprite Holdings's highest Cyclically Adjusted PB Ratio was 17.50. The lowest was 2.48. And the median was 5.58.

SRGHY's Cyclically Adjusted PB Ratio is ranked worse than
87.38% of 729 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs SRGHY: 5.06

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.

Shoprite Holdings's adjusted book value per share data of for the fiscal year that ended in Jun23 was $2.567. 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 $2.75 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoprite Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shoprite Holdings'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.

Shoprite Holdings Cyclically Adjusted PB Ratio Chart

Shoprite Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 2.63 3.52 4.10 4.42

Shoprite Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 4.10 - 4.42 -

Competitive Comparison of Shoprite Holdings's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Shoprite Holdings'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.


Shoprite Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoprite Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shoprite Holdings 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.

Shoprite Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.39/2.75
=5.23

* 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.

Shoprite Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Shoprite Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=2.567/148.8016*148.8016
=2.567

Current CPI (Jun23) = 148.8016.

Shoprite Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 3.013 95.813 4.679
201506 2.865 100.173 4.256
201606 2.619 106.713 3.652
201706 3.805 112.054 5.053
201806 3.263 116.959 4.151
201906 2.733 122.191 3.328
202006 2.096 124.807 2.499
202106 2.764 131.113 3.137
202206 2.970 140.835 3.138
202306 2.567 148.802 2.567

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.


Shoprite Holdings  (OTCPK:SRGHY) 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.


Shoprite Holdings Cyclically Adjusted PB Ratio Related Terms

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


Shoprite Holdings (Shoprite Holdings) Business Description

Address
Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560
Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings (Shoprite Holdings) Headlines

From GuruFocus

Shoprite Holdings Ltd: Africa's Largest Food Retailer

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