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Sonoco Products Co (Sonoco Products Co) Cyclically Adjusted PB Ratio : 2.66 (As of Apr. 27, 2024)


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What is Sonoco Products Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Sonoco Products Co's current share price is $56.51. Sonoco Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.22. Sonoco Products Co's Cyclically Adjusted PB Ratio for today is 2.66.

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

SON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 3.05   Max: 3.89
Current: 2.66

During the past years, Sonoco Products Co's highest Cyclically Adjusted PB Ratio was 3.89. The lowest was 2.34. And the median was 3.05.

SON's Cyclically Adjusted PB Ratio is ranked worse than
80% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.155 vs SON: 2.66

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.

Sonoco Products Co's adjusted book value per share data for the three months ended in Dec. 2023 was $24.749. 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 $21.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonoco Products Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sonoco Products Co'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.

Sonoco Products Co Cyclically Adjusted PB Ratio Chart

Sonoco Products Co 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 3.58 3.37 3.07 3.00 2.63

Sonoco Products Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.00 2.96 2.82 2.56 2.63

Competitive Comparison of Sonoco Products Co's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Sonoco Products Co'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.


Sonoco Products Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sonoco Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sonoco Products Co 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.

Sonoco Products Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.51/21.22
=2.66

* 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.

Sonoco Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sonoco Products Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=24.749/129.4194*129.4194
=24.749

Current CPI (Dec. 2023) = 129.4194.

Sonoco Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.903 99.695 21.943
201406 17.125 100.560 22.040
201409 16.975 100.428 21.875
201412 14.793 99.070 19.325
201503 14.922 99.621 19.385
201506 15.058 100.684 19.356
201509 14.663 100.392 18.903
201512 14.988 99.792 19.438
201603 15.520 100.470 19.992
201606 15.483 101.688 19.705
201609 15.675 101.861 19.916
201612 15.448 101.863 19.627
201703 15.951 102.862 20.069
201706 16.679 103.349 20.886
201709 17.427 104.136 21.658
201712 17.171 104.011 21.366
201803 17.799 105.290 21.878
201806 17.753 106.317 21.611
201809 18.172 106.507 22.081
201812 17.621 105.998 21.515
201903 17.875 107.251 21.570
201906 18.390 108.070 22.023
201909 18.402 108.329 21.985
201912 17.991 108.420 21.476
202003 17.385 108.902 20.660
202006 17.914 108.767 21.315
202009 18.634 109.815 21.961
202012 18.912 109.897 22.272
202103 18.909 111.754 21.898
202106 18.329 114.631 20.694
202109 18.815 115.734 21.040
202112 18.871 117.630 20.762
202203 19.610 121.301 20.922
202206 19.793 125.017 20.490
202209 19.778 125.227 20.440
202212 21.156 125.222 21.865
202303 22.443 127.348 22.808
202306 23.402 128.729 23.528
202309 23.812 129.860 23.731
202312 24.749 129.419 24.749

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.


Sonoco Products Co  (NYSE: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.


Sonoco Products Co Cyclically Adjusted PB Ratio Related Terms

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


Sonoco Products Co (Sonoco Products Co) Business Description

Traded in Other Exchanges
Address
1 N. Second Street, Hartsville, SC, USA, 29550
Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.
Executives
Sean Cairns officer: Pres Global Rigid Paper&Closur 1 N 2ND ST, HARTSVILLE SC 29550
Haynes Ernest D Iii officer: VP, Rigid Paper Containers, NA 1 NORTH 2ND STREET, HARTSVILLE SC 29550
Hill Robert R Jr director C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Steven L Boyd director 1 NORTH 2ND ST, HARTSVILLE SC 29550
Shawn B Munday officer: VP, Glbl Mergers & ACQ 1 N 2ND ST, HARTSVILLE SC 29550
Aditya Gandhi officer: CAO 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Rodger D Fuller officer: DIV VP & GENERAL MANAGER - CPD C/O SONOCO PRODUCTS COMPANY, 1 N. SECOND STREET, HARTSVILLE SC 29550
Anne Marie Lopiccolo officer: VP, Global Human Resources 1 N 2ND ST, HARTSVILLE SC 29550
Elizabeth J Rhue officer: VP Global Envir&Sustainability 1 N. 2ND STREET, HARTSVILLE SC 29550
Julie C Albrecht officer: VP, Treasurer/Assistant CFO ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Lisa K Weeks officer: Staff VP Investor Relations 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Cummings Harold G Iii officer: Staff VP,Treasurer ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Russell K Grissett officer: VP, Global Flexible Packaging 1 NORTH 2ND STREET, HARTSVILLE SC 29550
Jeffrey S Tomaszewski officer: VP - Global RPC, D&P, Paper 1 N 2ND ST, HARTSVILLE SC 29550
John M Florence officer: Corporate Attorney ONE NORTH SECOND STREET, HARTSVILLE SC 29550

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