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SSP Group (SSP Group) Cyclically Adjusted PB Ratio : 3.27 (As of May. 14, 2024)


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What is SSP Group Cyclically Adjusted PB Ratio?

As of today (2024-05-14), SSP Group's current share price is $2.486. SSP Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was $0.76. SSP Group's Cyclically Adjusted PB Ratio for today is 3.27.

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

SSPPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.1   Med: 6.08   Max: 12.79
Current: 3.52

During the past 13 years, SSP Group's highest Cyclically Adjusted PB Ratio was 12.79. The lowest was 3.10. And the median was 6.08.

SSPPF's Cyclically Adjusted PB Ratio is ranked worse than
69.3% of 228 companies
in the Restaurants industry
Industry Median: 2.115 vs SSPPF: 3.52

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.

SSP Group's adjusted book value per share data of for the fiscal year that ended in Sep23 was $0.351. 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 $0.76 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSP Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SSP Group'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.

SSP Group Cyclically Adjusted PB Ratio Chart

SSP Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.50 7.72 4.06 3.50

SSP Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.72 - 4.06 - 3.50

Competitive Comparison of SSP Group's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, SSP Group'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.


SSP Group's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SSP Group 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.

SSP Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.486/0.76
=3.27

* 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.

SSP Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, SSP Group's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.351/130.1000*130.1000
=0.351

Current CPI (Sep23) = 130.1000.

SSP Group Annual Data

Book Value per Share CPI Adj_Book
201409 0.712 100.000 0.926
201509 0.783 100.200 1.017
201609 0.871 101.500 1.116
201709 1.009 104.300 1.259
201809 0.922 106.600 1.125
201909 0.755 108.400 0.906
202009 0.259 109.200 0.309
202109 0.415 112.400 0.480
202209 0.320 122.300 0.340
202309 0.351 130.100 0.351

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.


SSP Group  (OTCPK:SSPPF) 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.


SSP Group Cyclically Adjusted PB Ratio Related Terms

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


SSP Group (SSP Group) Business Description

Traded in Other Exchanges
Address
32 Jamestown Road, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.

SSP Group (SSP Group) Headlines

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