GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sypris Solutions Inc (NAS:SYPR) » Definitions » Cyclically Adjusted PB Ratio

Sypris Solutions (Sypris Solutions) Cyclically Adjusted PB Ratio : 1.12 (As of May. 21, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Sypris Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Sypris Solutions's current share price is $1.36. Sypris Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.21. Sypris Solutions's Cyclically Adjusted PB Ratio for today is 1.12.

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

SYPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.45   Max: 2.44
Current: 1.1

During the past years, Sypris Solutions's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.13. And the median was 0.45.

SYPR's Cyclically Adjusted PB Ratio is ranked better than
56.73% of 929 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs SYPR: 1.10

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.

Sypris Solutions's adjusted book value per share data for the three months ended in Mar. 2024 was $0.930. 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 $1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sypris Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sypris Solutions'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.

Sypris Solutions Cyclically Adjusted PB Ratio Chart

Sypris Solutions 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 0.36 0.81 1.45 1.40 1.62

Sypris Solutions 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 1.39 1.49 1.44 1.62 1.32

Competitive Comparison of Sypris Solutions's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Sypris Solutions'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.


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

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

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



Sypris Solutions 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.

Sypris Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.36/1.21
=1.12

* 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.

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

For example, Sypris Solutions'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)
=0.93/131.7762*131.7762
=0.930

Current CPI (Mar. 2024) = 131.7762.

Sypris Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.815 100.560 3.689
201409 2.719 100.428 3.568
201412 2.289 99.070 3.045
201503 1.607 99.621 2.126
201506 1.193 100.684 1.561
201509 1.143 100.392 1.500
201512 0.949 99.792 1.253
201603 0.703 100.470 0.922
201606 0.442 101.688 0.573
201609 1.421 101.861 1.838
201612 1.224 101.863 1.583
201703 1.111 102.862 1.423
201706 0.985 103.349 1.256
201709 0.844 104.136 1.068
201712 0.790 104.011 1.001
201803 0.742 105.290 0.929
201806 0.760 106.317 0.942
201809 0.676 106.507 0.836
201812 0.693 105.998 0.862
201903 0.663 107.251 0.815
201906 0.708 108.070 0.863
201909 0.629 108.329 0.765
201912 0.631 108.420 0.767
202003 0.531 108.902 0.643
202006 0.539 108.767 0.653
202009 0.713 109.815 0.856
202012 0.694 109.897 0.832
202103 0.583 111.754 0.687
202106 0.776 114.631 0.892
202109 0.772 115.734 0.879
202112 0.882 117.630 0.988
202203 0.917 121.301 0.996
202206 0.887 125.017 0.935
202209 0.790 125.227 0.831
202212 0.883 125.222 0.929
202303 0.937 127.348 0.970
202306 0.998 128.729 1.022
202309 0.954 129.860 0.968
202312 1.000 129.419 1.018
202403 0.930 131.776 0.930

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.


Sypris Solutions  (NAS:SYPR) 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.


Sypris Solutions Cyclically Adjusted PB Ratio Related Terms

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


Sypris Solutions (Sypris Solutions) Business Description

Traded in Other Exchanges
N/A
Address
101 Bullitt Lane, Suite 450, Louisville, KY, USA, 40222
Sypris Solutions Inc is a us based company engaged in providing outsourced services and specialty products. It offers a range of manufacturing, engineering, design and other technical services. Business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets whereas the Sypris Electronics segment is engaged in the sale of manufacturing services, technical services, and products to customers in the market for aerospace and defense electronics. Sypris derives most of the revenue from Technologies segment.
Executives
Richard L Davis officer: Senior Vice President 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Rebecca R Eckert officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Anthony C Allen officer: VP of Finance & IT/Asst. Sec. 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Jeffrey T Gill director, 10 percent owner, officer: President & CEO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Gary L Convis director 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
William G Ferko director 7419 CEDAR BLUFF CT, PROSPECT KY 40059
Stephen W Straub officer: Vice President Operations 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert E Gill director, 10 percent owner, officer: Chairman 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert F Lentz director 1311 VIA TOSCANA WAY, SUN CITY CENTER FL 33573
Paul G Larochelle other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Brian A. Lutes officer: VP & CFO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
John James Walsh other: President of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
French Mitchel Glen Jr officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
De Carvalho Sergio L other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Petersen Sidney R/ca director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103