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Sonae SGPS (XLIS:SON) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 08, 2024)


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What is Sonae SGPS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Sonae SGPS's current share price is €0.92. Sonae SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.23. Sonae SGPS's Cyclically Adjusted PB Ratio for today is 0.75.

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

XLIS:SON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.9   Max: 1.26
Current: 0.77

During the past years, Sonae SGPS's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.58. And the median was 0.90.

XLIS:SON's Cyclically Adjusted PB Ratio is ranked better than
65.71% of 767 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs XLIS:SON: 0.77

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.

Sonae SGPS's adjusted book value per share data for the three months ended in Mar. 2024 was €1.577. 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 €1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonae SGPS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sonae SGPS'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.

Sonae SGPS Cyclically Adjusted PB Ratio Chart

Sonae SGPS 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 1.06 0.75 1.05 0.84 0.76

Sonae SGPS 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 0.88 0.78 0.78 0.76 0.72

Competitive Comparison of Sonae SGPS's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Sonae SGPS'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.


Sonae SGPS's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Sonae SGPS 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.

Sonae SGPS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.92/1.23
=0.75

* 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.

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

For example, Sonae SGPS'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)
=1.577/120.3960*120.3960
=1.577

Current CPI (Mar. 2024) = 120.3960.

Sonae SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.794 99.967 0.956
201409 0.819 99.617 0.990
201412 0.838 99.723 1.012
201503 0.810 100.097 0.974
201506 0.850 100.769 1.016
201509 0.853 100.489 1.022
201512 0.829 100.119 0.997
201603 0.843 100.547 1.009
201606 0.866 101.319 1.029
201609 0.903 101.122 1.075
201612 0.947 100.998 1.129
201703 0.913 101.924 1.078
201706 0.938 102.240 1.105
201709 0.970 102.527 1.139
201712 0.945 102.479 1.110
201803 1.001 102.626 1.174
201806 1.037 103.790 1.203
201809 1.085 103.960 1.257
201812 1.034 103.159 1.207
201903 1.096 103.495 1.275
201906 1.056 104.192 1.220
201909 1.070 103.844 1.241
201912 1.120 103.592 1.302
202003 1.069 103.544 1.243
202006 1.009 104.323 1.164
202009 1.005 103.699 1.167
202012 1.043 103.354 1.215
202103 1.043 104.014 1.207
202106 1.039 104.852 1.193
202109 1.271 105.232 1.454
202112 1.326 106.191 1.503
202203 1.374 109.559 1.510
202206 1.364 114.003 1.440
202209 1.397 114.999 1.463
202212 1.453 116.377 1.503
202303 1.463 117.701 1.496
202306 1.432 117.872 1.463
202309 1.460 119.111 1.476
202312 1.567 118.032 1.598
202403 1.577 120.396 1.577

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.


Sonae SGPS  (XLIS:SON) 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.


Sonae SGPS Cyclically Adjusted PB Ratio Related Terms

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


Sonae SGPS (XLIS:SON) Business Description

Traded in Other Exchanges
Address
Lugar do Espido, Via Norte, Apartado 1011, Maia, PRT, 4470-909
Sonae SGPS SA is a retail company that manages a variety of business portfolios, including food, sports goods, clothing & apparel, financial services, electronics, technology, and telecommunication. The company's business is divided into eight segments based on the business offerings: Sonae MC, Worten, Sonae Fashion, Iberian Sports Retail Group, Sonae FS, Sonae IM, Sonae Sierra, and NOS. The Sonae MC business segment, which generates most of the company's revenue, is the company's food retail unit and operates restaurants, supermarkets, and convenience stores, among others. The company operates globally but earns most of its revenue in Portugal.

Sonae SGPS (XLIS:SON) Headlines