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SunOpta (STU:ZSK) Cyclically Adjusted Book per Share : €3.37 (As of Mar. 2024)


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What is SunOpta 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.

SunOpta's adjusted book value per share for the three months ended in Mar. 2024 was €1.336. 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 €3.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SunOpta's average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 SunOpta was 23.50% per year. The lowest was -2.70% per year. And the median was 9.10% per year.

As of today (2024-06-18), SunOpta's current stock price is €5.10. SunOpta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.37. SunOpta's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SunOpta was 4.16. The lowest was 0.34. And the median was 1.87.


SunOpta Cyclically Adjusted Book per Share Historical Data

The historical data trend for SunOpta'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.

SunOpta Cyclically Adjusted Book per Share Chart

SunOpta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 2.97 3.35 3.59 3.37

SunOpta 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 3.54 3.53 3.58 3.37 3.37

Competitive Comparison of SunOpta's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, SunOpta'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.


SunOpta's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SunOpta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SunOpta 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, SunOpta'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)
=1.336/131.7762*131.7762
=1.336

Current CPI (Mar. 2024) = 131.7762.

SunOpta Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.785 100.560 4.960
201409 3.960 100.428 5.196
201412 4.119 99.070 5.479
201503 4.716 99.621 6.238
201506 4.584 100.684 6.000
201509 4.731 100.392 6.210
201512 4.525 99.792 5.975
201603 4.349 100.470 5.704
201606 4.201 101.688 5.444
201609 4.190 101.861 5.421
201612 4.054 101.863 5.245
201703 3.876 102.862 4.966
201706 3.707 103.349 4.727
201709 3.458 104.136 4.376
201712 2.341 104.011 2.966
201803 2.229 105.290 2.790
201806 2.285 106.317 2.832
201809 2.239 106.507 2.770
201812 1.310 105.998 1.629
201903 1.546 107.251 1.900
201906 1.463 108.070 1.784
201909 1.371 108.329 1.668
201912 1.308 108.420 1.590
202003 1.350 108.902 1.634
202006 1.308 108.767 1.585
202009 1.256 109.815 1.507
202012 1.987 109.897 2.383
202103 2.477 111.754 2.921
202106 2.418 114.631 2.780
202109 2.441 115.734 2.779
202112 2.514 117.630 2.816
202203 2.619 121.301 2.845
202206 2.764 125.017 2.913
202209 2.859 125.227 3.009
202212 2.547 125.222 2.680
202303 2.552 127.348 2.641
202306 2.492 128.729 2.551
202309 1.369 129.860 1.389
202312 1.159 129.419 1.180
202403 1.336 131.776 1.336

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


SunOpta  (STU:ZSK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.10/3.37
=1.51

* 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 SunOpta was 4.16. The lowest was 0.34. And the median was 1.87.


Be Aware

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


SunOpta Cyclically Adjusted Book per Share Related Terms

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


SunOpta (STU:ZSK) Business Description

Traded in Other Exchanges
Address
7078 Shady Oak Road, Eden Prairie, MN, USA, 55344
SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. It generates maximum revenue from the Plant-Based Foods and Beverages segment. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Geographically, it derives a majority of revenue from the United States.

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