SPRPY (Superior Plus) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 16, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPRPY Superior Plus Corp SPRPY
77 GF Score
Price $11.25
GF Value $11.92
! 9 Warning Signs
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What is Superior Plus Cyclically Adjusted PB Ratio?

Superior Plus SPRPY 77 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 16, 2026, which is 42% below its 10-year median of 1.95. GuruFocus rates SPRPY with a GF Score™ of 77/100 and a GF Value™ of $11.92. The stock has 9 warning signs investors should review. Among 428 Utilities - Regulated companies, Superior Plus ranks better than 63.55% on this metric.

As of today (2026-08-16), Superior Plus's current share price is $11.25. Superior Plus's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $9.88. Superior Plus's Cyclically Adjusted PB Ratio for today is 1.14.

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

SPRPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.95   Max: 2.83
Current: 1.12

During the past years, Superior Plus's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.90. And the median was 1.95.

SPRPY's Cyclically Adjusted PB Ratio is ranked better than
63.55% of 428 companies
in the Utilities - Regulated industry
Industry Median: 1.525 vs SPRPY: 1.12

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 Jun. 2026 was $7.976. 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 $9.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Superior Plus  (OTCPK:SPRPY) 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


Superior Plus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Superior Plus Cyclically Adjusted PB Ratio Chart

Superior Plus 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 2.27 1.80 1.48 0.96 1.04

Superior Plus 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 1.18 1.16 1.04 0.98 1.14

SPRPY vs ATO, NI, UGI: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


SPRPY
77GF Score
Superior Plus Corp SPRPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=11.25/9.88
=1.14

* 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 Jun. 2026 is calculated as:

For example, Superior Plus'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)
=7.976/133.5265*133.5265
=7.976

Current CPI (Jun. 2026) = 133.5265.

Superior Plus Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.309 101.765 13.527
201612 9.676 101.449 12.736
201703 10.016 102.634 13.031
201706 9.844 103.029 12.758
201709 8.491 103.345 10.971
201712 8.643 103.345 11.167
201803 8.724 105.004 11.094
201806 8.522 105.557 10.780
201809 9.690 105.636 12.248
201812 9.142 105.399 11.582
201903 10.184 106.979 12.711
201906 9.493 107.690 11.770
201909 8.756 107.611 10.865
201912 9.095 107.769 11.269
202003 9.225 107.927 11.413
202006 8.901 108.401 10.964
202009 8.164 108.164 10.078
202012 8.459 108.559 10.404
202103 8.888 110.298 10.760
202106 9.560 111.720 11.426
202109 8.905 112.905 10.531
202112 8.766 113.774 10.288
202203 9.763 117.646 11.081
202206 9.763 120.806 10.791
202209 8.182 120.648 9.055
202212 8.149 120.964 8.995
202303 8.906 122.702 9.692
202306 9.518 124.203 10.232
202309 8.549 125.230 9.115
202312 8.667 125.072 9.253
202403 9.080 126.258 9.603
202406 8.417 127.522 8.813
202409 7.583 127.285 7.955
202412 7.431 127.364 7.791
202503 8.674 129.181 8.966
202506 8.186 129.892 8.415
202509 7.307 130.287 7.489
202512 7.377 130.366 7.556
202603 8.574 132.262 8.656
202606 7.976 133.527 7.976

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 1.14 mean?
Superior Plus (SPRPY) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 16, 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 Superior Plus and its competitors. This is 42% below median its historical median of 1.95. Over the past decade, Superior Plus' Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.83. According to the industry distribution chart, Superior Plus ranks #156 out of 428 companies in the Utilities - Regulated industry, placing it in the top 36.4%.
Is Superior Plus' Cyclically Adjusted PB Ratio too high?
Superior Plus' current Cyclically Adjusted PB Ratio of 1.14 is 42% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.83. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Superior Plus' value of 1.14 is 25.2% below this industry median. Based on the distribution chart, Superior Plus ranks #156 out of 428 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Superior Plus has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Cyclically Adjusted PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Superior Plus ranks #156 out of 428 companies for Cyclically Adjusted PB Ratio. This puts Superior Plus in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Superior Plus' value of 1.14 is 25.2% below this benchmark. Historically, Superior Plus' own Cyclically Adjusted PB Ratio has ranged from 0.90 to 2.83 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.53, Superior Plus 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 428 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. Superior Plus's current Cyclically Adjusted PB Ratio of 1.14 is 25.2% 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 Superior Plus and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Plus's current Cyclically Adjusted PB Ratio is 1.14, which is 42% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plus stock overvalued right now?
Superior Plus (SPRPY) has a current Cyclically Adjusted PB Ratio of 1.14. The stock's GF Value™ is $11.92, compared to a current price of $11.25 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 42% below median its 10-year median of 1.95 and 25.2% below the Utilities - Regulated industry median of 1.53. Superior Plus' overall GF Score™ is 77/100 with 9 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 Superior Plus (SPRPY), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 16, 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 Superior Plus (SPRPY) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued. The current stock price of $11.25 is trading 5.6% below its estimated GF Value™ of $11.92.

Key valuation signals for SPRPY:

  • Cyclically Adjusted PB Ratio: 1.14 (42% below median its 10-year median of 1.95)
  • GF Value™: $11.92 vs. price of $11.25 (5.6% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 25.2% below the Utilities - Regulated median (#156 of 428)

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


Superior Plus Business Description

Address 155 Wellington Street West, Suite 3610, Toronto, ON, CAN, M5V 3H1
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 Distribution, Canadian Propane Distribution and Compressed natural gas distribution (CNG)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.
77GF Score

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

$11.25
Price
$11.92
GF Value