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Sysco (BUE:SYY) Cyclically Adjusted Book per Share : ARS810.85 (As of Mar. 2024)


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What is Sysco Cyclically Adjusted Book per Share?

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.

Sysco's adjusted book value per share for the three months ended in Mar. 2024 was ARS7,095.481. 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 ARS810.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sysco's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 Sysco was 11.10% per year. The lowest was -4.50% per year. And the median was 8.30% per year.

As of today (2024-05-21), Sysco's current stock price is ARS10692.00. Sysco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS810.85. Sysco's Cyclically Adjusted PB Ratio of today is 13.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sysco was 13.53. The lowest was 4.70. And the median was 8.26.


Sysco Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sysco'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.

* Premium members only.

Sysco Cyclically Adjusted Book per Share Chart

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.50 20.42 13.94 12.58 409.20

Sysco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 326.31 409.20 643.19 732.41 810.85

Competitive Comparison of Sysco's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Sysco'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.


Sysco's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Sysco 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, Sysco'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)
=7095.481/131.7762*131.7762
=7,095.481

Current CPI (Mar. 2024) = 131.7762.

Sysco Quarterly Data

Book Value per Share CPI Adj_Book
201406 146.017 100.560 191.345
201409 152.572 100.428 200.197
201412 154.594 99.070 205.631
201503 157.954 99.621 208.937
201506 160.847 100.684 210.518
201509 167.367 100.392 219.690
201512 180.063 99.792 237.774
201603 205.219 100.470 269.164
201606 173.853 101.688 225.294
201609 164.157 101.861 212.368
201612 145.273 101.863 187.935
201703 134.041 102.862 171.719
201706 148.164 103.349 188.918
201709 150.172 104.136 190.032
201712 166.161 104.011 210.517
201803 181.945 105.290 227.715
201806 240.179 106.317 297.694
201809 373.342 106.507 461.920
201812 318.318 105.998 395.732
201903 359.355 107.251 441.531
201906 436.027 108.070 531.676
201909 537.459 108.329 653.787
201912 593.816 108.420 721.737
202003 496.578 108.902 600.884
202006 312.118 108.767 378.144
202009 379.151 109.815 454.975
202012 455.346 109.897 546.001
202103 491.692 111.754 579.783
202106 574.821 114.631 660.794
202109 638.683 115.734 727.211
202112 486.318 117.630 544.805
202203 557.861 121.301 606.036
202206 654.003 125.017 689.364
202209 611.637 125.227 643.627
202212 949.461 125.222 999.158
202303 1,229.038 127.348 1,271.777
202306 1,908.762 128.729 1,953.950
202309 2,950.883 129.860 2,994.437
202312 3,445.912 129.419 3,508.664
202403 7,095.481 131.776 7,095.481

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


Sysco  (BUE:SYY) 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.

Sysco's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10692.00/810.85
=13.19

* 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 Sysco was 13.53. The lowest was 4.70. And the median was 8.26.


Be Aware

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


Sysco Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sysco's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sysco (BUE:SYY) Business Description

Industry
Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.

Sysco (BUE:SYY) Headlines