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SpartanNash Co (FRA:SRJ) Cyclically Adjusted PB Ratio : 0.86 (As of May. 19, 2024)


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What is SpartanNash Co Cyclically Adjusted PB Ratio?

As of today (2024-05-19), SpartanNash Co's current share price is €19.20. SpartanNash Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €22.29. SpartanNash Co's Cyclically Adjusted PB Ratio for today is 0.86.

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

FRA:SRJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.35   Max: 2.65
Current: 0.85

During the past years, SpartanNash Co's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 0.50. And the median was 1.35.

FRA:SRJ's Cyclically Adjusted PB Ratio is ranked better than
70.18% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.575 vs FRA:SRJ: 0.85

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.

SpartanNash Co's adjusted book value per share data for the three months ended in Dec. 2023 was €20.618. 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 €22.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpartanNash Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SpartanNash Co'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.

SpartanNash Co Cyclically Adjusted PB Ratio Chart

SpartanNash Co 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 0.74 0.87 1.18 1.28 0.93

SpartanNash Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.28 - 0.92 0.89 0.93

Competitive Comparison of SpartanNash Co's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, SpartanNash Co'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.


SpartanNash Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



SpartanNash Co 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.

SpartanNash Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.20/22.29
=0.86

* 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.

SpartanNash Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SpartanNash Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.618/129.4194*129.4194
=20.618

Current CPI (Dec. 2023) = 129.4194.

SpartanNash Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 98.326 0.000
201404 13.789 100.023 17.842
201409 15.350 100.428 19.781
201412 16.150 99.070 21.098
201503 18.475 99.621 24.001
201506 18.187 100.684 23.378
201509 18.452 100.392 23.787
201512 19.307 99.792 25.039
201603 18.951 100.470 24.411
201606 19.095 101.688 24.302
201609 19.384 101.861 24.628
201612 20.845 101.863 26.484
201703 20.770 102.862 26.132
201706 20.132 103.349 25.210
201709 16.019 104.136 19.908
201712 16.729 104.011 20.816
201803 15.982 105.290 19.645
201806 17.258 106.317 21.008
201809 17.560 106.507 21.338
201812 17.504 105.998 21.372
201903 16.900 107.251 20.393
201906 16.749 108.070 20.058
201909 17.218 108.329 20.570
201912 17.022 108.420 20.319
202003 17.314 108.902 20.576
202006 17.572 108.767 20.908
202009 17.123 109.815 20.180
202012 16.853 109.897 19.847
202103 17.380 111.754 20.127
202106 17.462 114.631 19.715
202109 18.104 115.734 20.245
202112 19.273 117.630 21.205
202203 19.978 121.301 21.315
202206 20.908 125.017 21.644
202209 22.292 125.227 23.038
202212 20.615 125.222 21.306
202303 0.000 127.348 0.000
202306 20.487 128.729 20.597
202309 21.031 129.860 20.960
202312 20.618 129.419 20.618

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.


SpartanNash Co  (FRA:SRJ) 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.


SpartanNash Co Cyclically Adjusted PB Ratio Related Terms

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


SpartanNash Co (FRA:SRJ) Business Description

Traded in Other Exchanges
Address
850 76th Street SW, P.O. Box 8700, Grand Rapids, MI, USA, 49518-8700
SpartanNash Co is a food solutions company that delivers the ingredients for a better life. The company operates in two segments: Retail and Wholesale. The Company's Wholesale segment uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores. Majority of the revenue is earned from wholesale segment.

SpartanNash Co (FRA:SRJ) Headlines

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