Sainsbury (J) (FRA:SUY) Cyclically Adjusted PB Ratio: 0.88 (As of Sep. 05, 2026) — 21% Above Median

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FRA:SUY Sainsbury (J) PLC FRA:SUY
74 GF Score
Price €15.60
GF Value €13.95
! 5 Warning Signs
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What is Sainsbury (J) Cyclically Adjusted PB Ratio?

Sainsbury (J) FRA:SUY 74 Cyclically Adjusted PB Ratio is 0.88 as of Sep. 05, 2026, which is 21% above its 10-year median of 0.73. GuruFocus rates FRA:SUY with a GF Score™ of 74/100 and a GF Value™ of €13.95. The stock has 5 warning signs investors should review. Among 217 Retail - Defensive companies, Sainsbury (J) ranks better than 75.12% on this metric.

As of today (2026-09-05), Sainsbury (J)'s current share price is €15.60. Sainsbury (J)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was €17.70. Sainsbury (J)'s Cyclically Adjusted PB Ratio for today is 0.88.

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

FRA:SUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.73   Max: 1.04
Current: 0.87

During the past 13 years, Sainsbury (J)'s highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.47. And the median was 0.73.

FRA:SUY's Cyclically Adjusted PB Ratio is ranked better than
75.12% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs FRA:SUY: 0.87

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.

Sainsbury (J)'s adjusted book value per share data of for the fiscal year that ended in Feb26 was €12.693. 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 €17.70 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sainsbury (J)  (FRA:SUY) 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.


Sainsbury (J) Cyclically Adjusted PB Ratio Related Terms


Sainsbury (J) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Cyclically Adjusted PB Ratio Chart

Sainsbury (J) Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.64 0.66 0.90

Sainsbury (J) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.64 0.00 0.66 0.00 0.90

FRA:SUY vs KR, SFM: Cyclically Adjusted PB Ratio Comparison

For the Grocery Stores subindustry, Sainsbury (J)'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.


Sainsbury (J) Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sainsbury (J)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sainsbury (J)'s Cyclically Adjusted PB Ratio falls into.


FRA:SUY
74GF Score
Sainsbury (J) PLC FRA:SUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sainsbury (J) 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.

Sainsbury (J)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.60/17.70
=0.88

* 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.

Sainsbury (J)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Sainsbury (J)'s adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=12.693/140.0000*140.0000
=12.693

Current CPI (Feb26) = 140.0000.

Sainsbury (J) Annual Data

Book Value per Share CPI Adj_Book
201702 14.745 102.400 20.159
201802 15.285 104.900 20.399
201902 16.187 106.800 21.219
202002 16.694 108.600 21.521
202102 13.782 109.400 17.637
202202 17.192 115.400 20.857
202302 13.914 126.000 15.460
202402 13.944 130.800 14.925
202502 14.171 135.600 14.631
202602 12.693 140.000 12.693

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.

What does a Cyclically Adjusted PB Ratio of 0.88 mean?
Sainsbury (J) (FRA:SUY) has a Cyclically Adjusted PB Ratio of 0.88 as of Sep. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Sainsbury (J) and its competitors. This is 21% above median its historical median of 0.73. Over the past decade, Sainsbury (J)'s Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.04. According to the industry distribution chart, Sainsbury (J) ranks #54 out of 217 companies in the Retail - Defensive industry, placing it in the top 24.9%.
Is Sainsbury (J)'s Cyclically Adjusted PB Ratio too high?
Sainsbury (J)'s current Cyclically Adjusted PB Ratio of 0.88 is 21% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.04. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.62. Sainsbury (J)'s value of 0.88 is 45.7% below this industry median. Based on the distribution chart, Sainsbury (J) ranks #54 out of 217 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Sainsbury (J) has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Sainsbury (J)'s Cyclically Adjusted PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sainsbury (J) ranks #54 out of 217 companies for Cyclically Adjusted PB Ratio. This places Sainsbury (J) in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.62. Sainsbury (J)'s value of 0.88 is 45.7% below this benchmark. Historically, Sainsbury (J)'s own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.04 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.62, Sainsbury (J) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.62, based on 217 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sainsbury (J)'s current Cyclically Adjusted PB Ratio of 0.88 is 45.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Sainsbury (J) and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sainsbury (J)'s current Cyclically Adjusted PB Ratio is 0.88, which is 21% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sainsbury (J) stock overvalued right now?
Sainsbury (J) (FRA:SUY) has a current Cyclically Adjusted PB Ratio of 0.88. The stock's GF Value™ is €13.95, compared to a current price of €15.60 — trading 11.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 21% above median its 10-year median of 0.73 and 45.7% below the Retail - Defensive industry median of 1.62. Sainsbury (J)'s overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Sainsbury (J) (FRA:SUY), the current Cyclically Adjusted PB Ratio is 0.88 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sainsbury (J) (FRA:SUY) Overvalued in 2026?

Based on GuruFocus' analysis, Sainsbury (J) stock appears to be overvalued. The current stock price of €15.60 is trading 11.8% above its estimated GF Value™ of €13.95.

Key valuation signals for FRA:SUY:

  • Cyclically Adjusted PB Ratio: 0.88 (21% above median its 10-year median of 0.73)
  • GF Value™: €13.95 vs. price of €15.60 (11.8% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 45.7% below the Retail - Defensive median (#54 of 217)

No single metric tells the full story. See the FRA:SUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sainsbury (J) Business Description

Address 33 Charterhouse Street, London, GBR, EC1M 6HA
Founded in 1869, Sainsbury's is the second-largest UK grocery chain with around 10% market share. It operates around 600 supermarkets and 850 convenience stores in the UK. The company has diversified away from core food by selling clothing, fuel, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores).
74GF Score

Get the complete analysis for FRA:SUY

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.60
Price
€13.95
GF Value