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Sonae SGPS (XLIS:SON) Cyclically Adjusted Book per Share : €1.28 (As of Dec. 2024)


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What is Sonae SGPS 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.

Sonae SGPS's adjusted book value per share for the three months ended in Dec. 2024 was €1.581. 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 €1.28 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sonae SGPS's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Sonae SGPS was 10.60% per year. The lowest was 4.10% per year. And the median was 9.30% per year.

As of today (2025-05-29), Sonae SGPS's current stock price is €1.24. Sonae SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €1.28. Sonae SGPS's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sonae SGPS was 1.63. The lowest was 0.57. And the median was 0.91.


Sonae SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sonae SGPS'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.

Sonae SGPS Cyclically Adjusted Book per Share Chart

Sonae SGPS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.95 1.11 1.19 1.28

Sonae SGPS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.23 1.25 1.27 1.28 -

Competitive Comparison of Sonae SGPS's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Sonae SGPS'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.


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

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

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


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Sonae SGPS 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, Sonae SGPS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.581/121.5852*121.5852
=1.581

Current CPI (Dec. 2024) = 121.5852.

Sonae SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.810 100.097 0.984
201506 0.850 100.769 1.026
201509 0.853 100.489 1.032
201512 0.829 100.119 1.007
201603 0.843 100.547 1.019
201606 0.866 101.319 1.039
201609 0.903 101.122 1.086
201612 0.947 100.998 1.140
201703 0.913 101.924 1.089
201706 0.938 102.240 1.115
201709 0.970 102.527 1.150
201712 0.945 102.479 1.121
201803 1.001 102.626 1.186
201806 1.037 103.790 1.215
201809 1.085 103.960 1.269
201812 1.034 103.159 1.219
201903 1.096 103.495 1.288
201906 1.056 104.192 1.232
201909 1.070 103.844 1.253
201912 1.120 103.592 1.315
202003 1.069 103.544 1.255
202006 1.009 104.323 1.176
202009 1.005 103.699 1.178
202012 1.043 103.354 1.227
202103 1.043 104.014 1.219
202106 1.039 104.852 1.205
202109 1.271 105.232 1.469
202112 1.326 106.191 1.518
202203 1.374 109.559 1.525
202206 1.364 114.003 1.455
202209 1.397 114.999 1.477
202212 1.453 116.377 1.518
202303 1.463 117.701 1.511
202306 1.432 117.872 1.477
202309 1.460 119.111 1.490
202312 1.567 118.032 1.614
202403 1.577 120.396 1.593
202406 1.535 121.165 1.540
202409 1.540 121.574 1.540
202412 1.581 121.585 1.581

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


Sonae SGPS  (XLIS:SON) 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.

Sonae SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.24/1.28
=0.97

* 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 Sonae SGPS was 1.63. The lowest was 0.57. And the median was 0.91.


Be Aware

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


Sonae SGPS Cyclically Adjusted Book per Share Related Terms

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


Sonae SGPS Business Description

Traded in Other Exchanges
Address
Lugar do Espido, Via Norte, Apartado 1011, Maia, PRT, 4470-909
Sonae SGPS SA is a retail company that manages a variety of business portfolios, including food, sports goods, clothing & apparel, financial services, electronics, technology, and telecommunication. The company's business is divided into eight segments based on the business offerings: Sonae MC, Worten, Sonae Fashion, Iberian Sports Retail Group, Sonae FS, Sonae IM, Sonae Sierra, and NOS. The Sonae MC business segment, which generates most of the company's revenue, is the company's food retail unit and operates restaurants, supermarkets, and convenience stores, among others. The company operates globally but earns most of its revenue in Portugal.