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Superior Plus (FRA:8SP) Cyclically Adjusted PB Ratio : 1.38 (As of May. 26, 2024)


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What is Superior Plus Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Superior Plus's current share price is €6.10. Superior Plus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.43. Superior Plus's Cyclically Adjusted PB Ratio for today is 1.38.

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

FRA:8SP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.97   Max: 2.83
Current: 1.41

During the past years, Superior Plus's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.24. And the median was 1.97.

FRA:8SP's Cyclically Adjusted PB Ratio is ranked better than
50.67% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs FRA:8SP: 1.41

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.

Superior Plus's adjusted book value per share data for the three months ended in Mar. 2024 was €4.177. 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 €4.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Superior Plus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Superior Plus'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.

Superior Plus Cyclically Adjusted PB Ratio Chart

Superior Plus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.20 2.27 1.80 1.48

Superior Plus 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 1.75 1.47 1.57 1.48 1.53

Competitive Comparison of Superior Plus's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, Superior Plus'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.


Superior Plus's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Superior Plus 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.

Superior Plus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.10/4.43
=1.38

* 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.

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

For example, Superior Plus'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)
=4.177/126.2576*126.2576
=4.177

Current CPI (Mar. 2024) = 126.2576.

Superior Plus Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.985 99.473 3.789
201409 2.826 99.394 3.590
201412 3.047 98.367 3.911
201503 3.220 99.789 4.074
201506 3.242 100.500 4.073
201509 2.886 100.421 3.629
201512 3.358 99.947 4.242
201603 3.736 101.054 4.668
201606 3.559 102.002 4.405
201609 4.592 101.765 5.697
201612 4.586 101.449 5.708
201703 4.682 102.634 5.760
201706 4.381 103.029 5.369
201709 3.562 103.345 4.352
201712 3.652 103.345 4.462
201803 3.538 105.004 4.254
201806 3.648 105.557 4.363
201809 4.152 105.636 4.963
201812 4.018 105.399 4.813
201903 4.506 106.979 5.318
201906 4.201 107.690 4.925
201909 3.975 107.611 4.664
201912 4.093 107.769 4.795
202003 4.174 107.927 4.883
202006 3.952 108.401 4.603
202009 3.466 108.164 4.046
202012 3.477 108.559 4.044
202103 3.733 110.298 4.273
202106 3.967 111.720 4.483
202109 3.784 112.905 4.232
202112 3.879 113.774 4.305
202203 4.432 117.646 4.756
202206 4.618 120.806 4.826
202209 4.132 120.648 4.324
202212 3.840 120.964 4.008
202303 4.159 122.702 4.280
202306 4.392 124.203 4.465
202309 4.005 125.230 4.038
202312 3.967 125.072 4.005
202403 4.177 126.258 4.177

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.


Superior Plus  (FRA:8SP) 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.


Superior Plus Cyclically Adjusted PB Ratio Related Terms

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


Superior Plus (FRA:8SP) Business Description

Traded in Other Exchanges
Address
200 Wellington Street West, Suite 401, Toronto, ON, CAN, M5V 3C7
Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane, Canadian Propane & Wholesale Propane, out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California. The Canadian Propane segment includes the Canadian retail business with operations across Canada. The Wholesale Propane segment is the wholesale business with operations in Canada & the Western United States.

Superior Plus (FRA:8SP) Headlines

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