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SunOpta (TSX:SOY) Cyclically Adjusted PB Ratio : 1.60 (As of Jun. 08, 2024)


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What is SunOpta Cyclically Adjusted PB Ratio?

As of today (2024-06-08), SunOpta's current share price is C$7.88. SunOpta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$4.92. SunOpta's Cyclically Adjusted PB Ratio for today is 1.60.

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

TSX:SOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.87   Max: 4.16
Current: 1.6

During the past years, SunOpta's highest Cyclically Adjusted PB Ratio was 4.16. The lowest was 0.34. And the median was 1.87.

TSX:SOY's Cyclically Adjusted PB Ratio is ranked worse than
56.26% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs TSX:SOY: 1.60

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.

SunOpta's adjusted book value per share data for the three months ended in Mar. 2024 was C$1.965. 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 C$4.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SunOpta Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SunOpta'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.

SunOpta Cyclically Adjusted PB Ratio Chart

SunOpta 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 0.63 3.01 1.72 2.20 1.46

SunOpta 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 2.00 1.71 0.89 1.46 1.89

Competitive Comparison of SunOpta's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, SunOpta'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.


SunOpta's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SunOpta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SunOpta 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.88/4.92
=1.60

* 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.

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

For example, SunOpta'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)
=1.965/131.7762*131.7762
=1.965

Current CPI (Mar. 2024) = 131.7762.

SunOpta Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.569 100.560 7.298
201409 5.619 100.428 7.373
201412 5.857 99.070 7.791
201503 6.440 99.621 8.519
201506 6.362 100.684 8.327
201509 7.044 100.392 9.246
201512 6.759 99.792 8.925
201603 6.405 100.470 8.401
201606 6.087 101.688 7.888
201609 6.165 101.861 7.976
201612 5.704 101.863 7.379
201703 5.550 102.862 7.110
201706 5.538 103.349 7.061
201709 5.061 104.136 6.404
201712 3.537 104.011 4.481
201803 3.554 105.290 4.448
201806 3.503 106.317 4.342
201809 3.406 106.507 4.214
201812 2.003 105.998 2.490
201903 2.335 107.251 2.869
201906 2.196 108.070 2.678
201909 1.999 108.329 2.432
201912 1.914 108.420 2.326
202003 2.082 108.902 2.519
202006 1.996 108.767 2.418
202009 1.957 109.815 2.348
202012 3.096 109.897 3.712
202103 3.706 111.754 4.370
202106 3.560 114.631 4.092
202109 3.640 115.734 4.145
202112 3.636 117.630 4.073
202203 3.651 121.301 3.966
202206 3.741 125.017 3.943
202209 3.776 125.227 3.973
202212 3.665 125.222 3.857
202303 3.738 127.348 3.868
202306 3.588 128.729 3.673
202309 1.977 129.860 2.006
202312 1.695 129.419 1.726
202403 1.965 131.776 1.965

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.


SunOpta  (TSX:SOY) 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.


SunOpta Cyclically Adjusted PB Ratio Related Terms

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


SunOpta (TSX:SOY) Business Description

Traded in Other Exchanges
Address
7078 Shady Oak Road, Eden Prairie, MN, USA, 55344
SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Geographically, it derives a majority of revenue from the United States.
Executives
Brian W. Kocher Director, Senior Officer

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