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Sprint (FRA:2S7) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Sprint Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprint Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sprint'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.

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Sprint Cyclically Adjusted PB Ratio Chart

Sprint Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted PB Ratio
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Sprint Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Sprint's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Sprint'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.


Sprint's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sprint 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.

Sprint's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Sprint's adjusted Book Value per Share data for the three months ended in Dec. 2019 was:

Adj_Book=Book Value per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=5.638/108.4201*108.4201
=5.638

Current CPI (Dec. 2019) = 108.4201.

Sprint Quarterly Data

Book Value per Share CPI Adj_Book
201003 4.266 91.821 5.037
201006 4.523 91.962 5.332
201009 0.000 92.162 0.000
201012 3.680 92.474 4.315
201103 3.371 94.283 3.876
201106 3.090 95.235 3.518
201109 3.167 95.727 3.587
201112 2.899 95.213 3.301
201203 2.675 96.783 2.997
201206 2.452 96.819 2.746
201209 2.196 97.633 2.439
201212 1.794 96.871 2.008
201303 1.659 98.209 1.831
201306 0.961 98.518 1.058
201309 5.039 98.790 5.530
201312 4.747 98.326 5.234
201403 4.644 99.695 5.050
201406 4.732 100.560 5.102
201409 4.839 100.428 5.224
201412 4.528 99.070 4.955
201503 5.058 99.621 5.505
201506 4.879 100.684 5.254
201509 4.750 100.392 5.130
201512 4.702 99.792 5.109
201603 4.469 100.470 4.823
201606 4.366 101.688 4.655
201609 4.347 101.861 4.627
201612 4.519 101.863 4.810
201703 4.408 102.862 4.646
201706 4.235 103.349 4.443
201709 3.988 104.136 4.152
201712 5.539 104.011 5.774
201803 5.337 105.290 5.496
201806 5.951 106.317 6.069
201809 5.970 106.507 6.077
201812 6.094 105.998 6.233
201903 5.654 107.251 5.716
201906 5.648 108.070 5.666
201909 5.716 108.329 5.721
201912 5.638 108.420 5.638

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.


Sprint  (FRA:2S7) 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.


Sprint Cyclically Adjusted PB Ratio Related Terms

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Sprint (FRA:2S7) Business Description

Traded in Other Exchanges
N/A
Address
6200 Sprint Parkway, Overland Park, KS, USA, 66251
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.

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