Suncor Energy (MEX:SUU N) Cyclically Adjusted PB Ratio: 2.26 (As of Sep. 13, 2026) — 49% Above Median

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MEX:SUU N Suncor Energy Inc MEX:SUU N
68 GF Score
Price MXN1,108.00
GF Value MXN919.20
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Suncor Energy Cyclically Adjusted PB Ratio?

Suncor Energy MEX:SUU N 68 Cyclically Adjusted PB Ratio is 2.26 as of Sep. 13, 2026, which is 49% above its 10-year median of 1.52. GuruFocus rates MEX:SUU N with a GF Score™ of 68/100 and a GF Value™ of MXN919.20 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 754 Oil & Gas companies, Suncor Energy ranks worse than 78.91% on this metric.

As of today (2026-09-13), Suncor Energy's current share price is MXN1108.00. Suncor Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN491.31. Suncor Energy's Cyclically Adjusted PB Ratio for today is 2.26.

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

MEX:SUU N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.52   Max: 2.77
Current: 2.77

During the past years, Suncor Energy's highest Cyclically Adjusted PB Ratio was 2.77. The lowest was 0.52. And the median was 1.52.

MEX:SUU N's Cyclically Adjusted PB Ratio is ranked worse than
78.91% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs MEX:SUU N: 2.77

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.

Suncor Energy's adjusted book value per share data for the three months ended in Jun. 2026 was MXN510.584. 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 MXN491.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suncor Energy  (MEX:SUU N) 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.


Suncor Energy Cyclically Adjusted PB Ratio Related Terms


Suncor Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Suncor Energy'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.

Suncor Energy Cyclically Adjusted PB Ratio Chart

Suncor Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.37 1.32 1.58 1.83

Suncor Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.54 1.75 1.83 2.71 2.22

MEX:SUU N vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy'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.


Suncor Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Suncor Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:SUU N
68GF Score
Suncor Energy Inc MEX:SUU N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suncor Energy 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.

Suncor Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1108.00/491.31
=2.26

* 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.

Suncor Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Suncor Energy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=510.584/133.5265*133.5265
=510.584

Current CPI (Jun. 2026) = 133.5265.

Suncor Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 389.612 101.765 511.214
201612 413.576 101.449 544.349
201703 383.501 102.634 498.935
201706 367.784 103.029 476.653
201709 404.885 103.345 523.132
201712 425.366 103.345 549.594
201803 391.045 105.004 497.266
201806 419.807 105.557 531.044
201809 409.620 105.636 517.770
201812 405.859 105.399 514.169
201903 408.745 106.979 510.177
201906 422.326 107.690 523.647
201909 438.289 107.611 543.839
201912 393.051 107.769 486.991
202003 418.110 107.927 517.281
202006 407.795 108.401 502.313
202009 397.901 108.164 491.200
202012 364.092 108.559 447.828
202103 392.141 110.298 474.727
202106 397.327 111.720 474.882
202109 404.283 112.905 478.124
202112 407.144 113.774 477.829
202203 425.891 117.646 483.382
202206 452.714 120.806 500.384
202209 426.647 120.648 472.190
202212 422.410 120.964 466.279
202303 398.104 122.702 433.224
202306 404.509 124.203 434.873
202309 414.332 125.230 441.780
202312 424.445 125.072 453.135
202403 422.103 126.258 446.404
202406 466.258 127.522 488.213
202409 519.448 127.285 544.921
202412 523.675 127.364 549.014
202503 518.354 129.181 535.791
202506 504.268 129.892 518.378
202509 496.612 130.287 508.960
202512 493.477 130.366 505.440
202603 508.071 132.262 512.927
202606 510.584 133.527 510.584

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 2.26 mean?
Suncor Energy (MEX:SUU N) has a Cyclically Adjusted PB Ratio of 2.26 as of Sep. 13, 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 Suncor Energy and its competitors. This is 49% above median its historical median of 1.52. Over the past decade, Suncor Energy's Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.77. According to the industry distribution chart, Suncor Energy ranks #595 out of 754 companies in the Oil & Gas industry, placing it in the top 78.9%.
Is Suncor Energy's Cyclically Adjusted PB Ratio too high?
Suncor Energy's current Cyclically Adjusted PB Ratio of 2.26 is 49% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.77. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Suncor Energy's value of 2.26 is 78.7% above this industry median. Based on the distribution chart, Suncor Energy ranks #595 out of 754 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Suncor Energy has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suncor Energy's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Suncor Energy ranks #595 out of 754 companies for Cyclically Adjusted PB Ratio. This places Suncor Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Suncor Energy's value of 2.26 is 78.7% above this benchmark. Historically, Suncor Energy's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.77 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.27, Suncor Energy has consistently been above 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.27, based on 754 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. Suncor Energy's current Cyclically Adjusted PB Ratio of 2.26 is 78.7% above 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 Suncor Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncor Energy's current Cyclically Adjusted PB Ratio is 2.26, which is 49% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncor Energy stock overvalued right now?
Based on GuruFocus' analysis, Suncor Energy (MEX:SUU N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN919.20, compared to a current price of MXN1,108.00 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.26, which is 49% above median its 10-year median of 1.52 and 78.7% above the Oil & Gas industry median of 1.27. Suncor Energy's overall GF Score™ is 68/100 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 Suncor Energy (MEX:SUU N), the current Cyclically Adjusted PB Ratio is 2.26 as of Sep. 13, 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 Suncor Energy (MEX:SUU N) Overvalued in 2026?

Based on GuruFocus' analysis, Suncor Energy stock appears to be overvalued. The current stock price of MXN1,108.00 is trading 20.5% above its estimated GF Value™ of MXN919.20. GuruFocus considers Suncor Energy to be Modestly Overvalued.

Key valuation signals for MEX:SUU N:

  • Cyclically Adjusted PB Ratio: 2.26 (49% above median its 10-year median of 1.52)
  • GF Value™: MXN919.20 vs. price of MXN1,108.00 (20.5% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 78.7% above the Oil & Gas median (#595 of 754)

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


Suncor Energy Business Description

Industry EnergyOil & Gas
Other Exchanges SU:USASM3:GermanySU:Canada
Address 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations span the full energy value chain, including oil sands mining and in situ operations, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and nationwide PetroCanada retail and wholesale networks delivering reliable energy that fuels economic growth and meets the needs of customers across Canada and globally. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, & power. The company's operating segments include Oil Sands, Exploration & Production, Refining & Marketing (R&M), & Corporate & eliminations. Geographically, the company generates a majority of its revenue from Canada.
68GF Score

Get the complete analysis for MEX:SUU N

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

MXN1,108.00
Price
MXN919.20
GF Value