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Sysco (BUE:SYY) Cyclically Adjusted PB Ratio : 12.92 (As of May. 20, 2024)


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What is Sysco Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Sysco's current share price is ARS10480.00. Sysco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS810.85. Sysco's Cyclically Adjusted PB Ratio for today is 12.92.

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

BUE:SYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.7   Med: 8.26   Max: 13.53
Current: 12.76

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

BUE:SYY's Cyclically Adjusted PB Ratio is ranked worse than
94.04% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs BUE:SYY: 12.76

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sysco'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.

Sysco Cyclically Adjusted PB Ratio Chart

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 7.49 10.96 12.15 11.66

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 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 11.91 11.66 10.60 12.13 13.65

Competitive Comparison of Sysco's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10480.00/810.85
=12.92

* 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.

Sysco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Sysco  (BUE:SYY) 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.


Sysco Cyclically Adjusted PB Ratio Related Terms

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


Sysco (BUE:SYY) Business Description

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