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United Parcel Service (FRA:UPAB) Cyclically Adjusted PB Ratio : 17.16 (As of May. 01, 2024)


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What is United Parcel Service Cyclically Adjusted PB Ratio?

As of today (2024-05-01), United Parcel Service's current share price is €139.14. United Parcel Service's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.11. United Parcel Service's Cyclically Adjusted PB Ratio for today is 17.16.

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

FRA:UPAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.92   Med: 18.37   Max: 45.98
Current: 16.77

During the past years, United Parcel Service's highest Cyclically Adjusted PB Ratio was 45.98. The lowest was 6.92. And the median was 18.37.

FRA:UPAB's Cyclically Adjusted PB Ratio is ranked worse than
99.13% of 692 companies
in the Transportation industry
Industry Median: 1.22 vs FRA:UPAB: 16.77

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.

United Parcel Service's adjusted book value per share data for the three months ended in Mar. 2024 was €18.234. 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 €8.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Parcel Service'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.

United Parcel Service Cyclically Adjusted PB Ratio Chart

United Parcel Service 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 22.65 35.94 40.29 25.81 18.32

United Parcel Service 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 26.59 22.88 18.70 18.32 16.78

Competitive Comparison of United Parcel Service's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



United Parcel Service 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.

United Parcel Service's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=139.14/8.11
=17.16

* 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.

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

For example, United Parcel Service'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)
=18.234/129.4194*129.4194
=18.234

Current CPI (Mar. 2024) = 129.4194.

United Parcel Service Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.484 100.560 5.771
201409 4.809 100.428 6.197
201412 1.919 99.070 2.507
201503 1.876 99.621 2.437
201506 1.939 100.684 2.492
201509 1.929 100.392 2.487
201512 2.559 99.792 3.319
201603 2.496 100.470 3.215
201606 2.659 101.688 3.384
201609 2.800 101.861 3.558
201612 0.442 101.863 0.562
201703 0.576 102.862 0.725
201706 1.280 103.349 1.603
201709 1.469 104.136 1.826
201712 0.978 104.011 1.217
201803 1.265 105.290 1.555
201806 2.317 106.317 2.820
201809 3.091 106.507 3.756
201812 3.095 105.998 3.779
201903 3.568 107.251 4.306
201906 4.540 108.070 5.437
201909 5.881 108.329 7.026
201912 3.431 108.420 4.096
202003 3.469 108.902 4.123
202006 4.491 108.767 5.344
202009 5.497 109.815 6.478
202012 0.625 109.897 0.736
202103 6.904 111.754 7.995
202106 10.288 114.631 11.615
202109 11.782 115.734 13.175
202112 14.504 117.630 15.958
202203 16.021 121.301 17.093
202206 17.716 125.017 18.340
202209 19.817 125.227 20.481
202212 21.749 125.222 22.478
202303 21.793 127.348 22.148
202306 21.616 128.729 21.732
202309 21.085 129.860 21.014
202312 18.591 129.419 18.591
202403 18.234 129.419 18.234

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.


United Parcel Service  (FRA:UPAB) 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.


United Parcel Service Cyclically Adjusted PB Ratio Related Terms

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


United Parcel Service (FRA:UPAB) Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.

United Parcel Service (FRA:UPAB) Headlines

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