Sempra (BSP:S1RE34) Cyclically Adjusted Book per Share: R$54.75 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:S1RE34 Sempra BSP:S1RE34
64 GF Score
Price R$122.40
GF Value R$101.41
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Sempra Cyclically Adjusted Book per Share?

Sempra BSP:S1RE34 64 Cyclically Adjusted Book per Share is R$54.75 as of Mar. 2026. GuruFocus rates BSP:S1RE34 with a GF Score™ of 64/100 and a GF Value™ of R$101.41 (Modestly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2026 was R$64.513. 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 R$54.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sempra's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sempra was 11.20% per year. The lowest was 0.00% per year. And the median was 7.20% per year.

As of today (2026-07-18), Sempra's current stock price is R$122.40. Sempra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$54.75. Sempra's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sempra was 3.20. The lowest was 1.67. And the median was 2.36.


Sempra  (BSP:S1RE34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=122.40/54.75
=2.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sempra was 3.20. The lowest was 1.67. And the median was 2.36.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sempra Cyclically Adjusted Book per Share Related Terms


Sempra Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sempra's Cyclically Adjusted Book per Share 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.

Sempra Cyclically Adjusted Book per Share Chart

Sempra Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.78 44.00 43.42 59.19 57.03

Sempra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 56.54 54.43 54.24 57.03 54.75

BSP:S1RE34 vs AES, AVA, UTL: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSP:S1RE34
64GF Score
Sempra BSP:S1RE34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sempra Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sempra's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=64.513/330.2130*330.2130
=64.513

Current CPI (Mar. 2026) = 330.2130.

Sempra Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.166 241.018 27.629
201609 20.082 241.428 27.467
201612 21.719 241.432 29.706
201703 20.659 243.801 27.981
201706 21.880 244.955 29.495
201709 20.682 246.819 27.670
201712 20.791 246.524 27.849
201803 21.975 249.554 29.078
201806 24.492 251.989 32.095
201809 26.913 252.439 35.205
201812 26.362 251.233 34.649
201903 26.436 254.202 34.341
201906 26.705 256.143 34.427
201909 29.877 256.759 38.424
201912 31.049 256.974 39.898
202003 37.356 258.115 47.790
202006 45.286 257.797 58.007
202009 46.988 260.280 59.613
202012 45.090 260.474 57.162
202103 52.411 264.877 65.339
202106 47.884 271.696 58.197
202109 48.953 274.310 58.929
202112 55.951 278.802 66.268
202203 49.656 287.504 57.032
202206 52.149 296.311 58.116
202209 54.567 296.808 60.708
202212 54.763 296.797 60.929
202303 55.348 301.836 60.552
202306 51.902 305.109 56.172
202309 53.656 307.789 57.565
202312 53.904 306.746 58.028
202403 55.587 312.332 58.769
202406 60.825 314.175 63.930
202409 62.998 315.301 65.977
202412 71.109 315.605 74.400
202503 67.908 319.799 70.119
202506 65.487 322.561 67.041
202509 64.008 324.800 65.075
202512 66.018 324.054 67.273
202603 64.513 330.213 64.513

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$54.75 mean?
Sempra (BSP:S1RE34) has a Cyclically Adjusted Book per Share of R$54.75 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sempra and its competitors.
Is Sempra's Cyclically Adjusted Book per Share too high?
Sempra's current Cyclically Adjusted Book per Share is R$54.75. Overall, Sempra has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sempra's Cyclically Adjusted Book per Share compare to AES and AVA?
Sempra's Cyclically Adjusted Book per Share of R$54.75 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sempra and its competitors. Sempra's current Cyclically Adjusted Book per Share is R$54.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sempra stock overvalued right now?
Based on GuruFocus' analysis, Sempra (BSP:S1RE34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$101.41, compared to a current price of R$122.40 — trading 20.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$54.75. Sempra's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sempra (BSP:S1RE34), the current Cyclically Adjusted Book per Share is R$54.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sempra (BSP:S1RE34) Overvalued in 2026?

Based on GuruFocus' analysis, Sempra stock appears to be overvalued. The current stock price of R$122.40 is trading 20.7% above its estimated GF Value™ of R$101.41. GuruFocus considers Sempra to be Modestly Overvalued.

Key valuation signals for BSP:S1RE34:

  • Cyclically Adjusted Book per Share: R$54.75
  • GF Value™: R$101.41 vs. price of R$122.40 (20.7% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the BSP:S1RE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sempra Business Description

Address 488 8th Avenue, San Diego, CA, USA, 92101
Sempra 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. Sempra Infrastructure Partners, 25% owned by Sempra, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
64GF Score

Get the complete analysis for BSP:S1RE34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$122.40
Price
R$101.41
GF Value