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Sempra (Sempra) Cyclically Adjusted PB Ratio : 2.11 (As of May. 20, 2024)


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What is Sempra Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Sempra's current share price is $78.17. Sempra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36.99. Sempra's Cyclically Adjusted PB Ratio for today is 2.11.

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

SRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.48   Max: 3.2
Current: 2.11

During the past years, Sempra's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.86. And the median was 2.48.

SRE's Cyclically Adjusted PB Ratio is ranked worse than
66.29% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs SRE: 2.11

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.

Sempra's adjusted book value per share data for the three months ended in Mar. 2024 was $44.650. 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 $36.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sempra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sempra'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.

Sempra Cyclically Adjusted PB Ratio Chart

Sempra 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 3.01 2.39 2.20 2.31 2.08

Sempra 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 2.20 2.08 1.90 2.08 1.94

Competitive Comparison of Sempra's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Sempra'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.


Sempra's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Sempra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.17/36.99
=2.11

* 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.

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

For example, Sempra'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)
=44.65/131.7762*131.7762
=44.650

Current CPI (Mar. 2024) = 131.7762.

Sempra Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.752 100.560 29.815
201409 23.035 100.428 30.225
201412 22.899 99.070 30.459
201503 23.287 99.621 30.803
201506 23.562 100.684 30.838
201509 23.438 100.392 30.765
201512 23.780 99.792 31.402
201603 23.988 100.470 31.462
201606 23.562 101.688 30.534
201609 24.692 101.861 31.944
201612 25.902 101.863 33.509
201703 26.422 102.862 33.849
201706 26.558 103.349 33.863
201709 26.410 104.136 33.420
201712 25.239 104.011 31.976
201803 26.807 105.290 33.551
201806 25.980 106.317 32.201
201809 26.201 106.507 32.417
201812 27.153 105.998 33.757
201903 27.533 107.251 33.829
201906 27.704 108.070 33.781
201909 29.011 108.329 35.290
201912 30.259 108.420 36.777
202003 30.580 108.902 37.003
202006 34.913 108.767 42.299
202009 34.806 109.815 41.767
202012 35.057 109.897 42.037
202103 37.203 111.754 43.868
202106 38.090 114.631 43.787
202109 37.092 115.734 42.233
202112 39.577 117.630 44.337
202203 39.913 121.301 43.360
202206 41.325 125.017 43.559
202209 41.626 125.227 43.803
202212 41.761 125.222 43.947
202303 42.505 127.348 43.983
202306 42.773 128.729 43.786
202309 43.457 129.860 44.098
202312 44.005 129.419 44.806
202403 44.650 131.776 44.650

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.


Sempra  (NYSE:SRE) 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.


Sempra Cyclically Adjusted PB Ratio Related Terms

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


Sempra (Sempra) Business Description

Industry
Traded in Other Exchanges
Address
488 8th Avenue, San Diego, CA, USA, 92101
Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
Executives
Richard J Mark director 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Jeffrey W Martin director, officer: Chairman, CEO and President 101 ASH STREET, SAN DIEGO CA 92101
Karen L Sedgwick officer: Chief HR Officer, CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Peter R Wall officer: SVP, Controller and CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Trevor I Mihalik officer: Executive VP and CFO 101 ASH STREET, SAN DIEGO CA 92101
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Cynthia Lynn Walker director 5 GREENWAY PLAZA, HOUSTON TX 77046
Maria Contreras-sweet director 488 8TH AVENUE, SAN DIEGO CA 92101
Andres Conesa director 488 8TH AVENUE, SAN DIEGO CA 92101
Michael N Mears director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Jones William D /ca/ director
James C Yardley director 1001 LOUISIANA STREET, HOUSTON TX 77002
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Jack T Taylor director 10951 SANCTUARY DRIVE, SHREVEPORT LA 71106