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Sprouts Farmers Market (STU:1FA) Cyclically Adjusted PB Ratio : 10.22 (As of May. 24, 2024)


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What is Sprouts Farmers Market Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Sprouts Farmers Market's current share price is €73.96. Sprouts Farmers Market's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.24. Sprouts Farmers Market's Cyclically Adjusted PB Ratio for today is 10.22.

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

STU:1FA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4   Med: 5.2   Max: 10.24
Current: 10.24

During the past years, Sprouts Farmers Market's highest Cyclically Adjusted PB Ratio was 10.24. The lowest was 4.00. And the median was 5.20.

STU:1FA's Cyclically Adjusted PB Ratio is ranked worse than
93.18% of 220 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs STU:1FA: 10.24

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.

Sprouts Farmers Market's adjusted book value per share data for the three months ended in Mar. 2024 was €11.053. 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 €7.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprouts Farmers Market Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sprouts Farmers Market'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.

Sprouts Farmers Market Cyclically Adjusted PB Ratio Chart

Sprouts Farmers Market 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 - - 5.29 5.05 6.48

Sprouts Farmers Market 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 5.19 5.21 5.88 6.48 8.34

Competitive Comparison of Sprouts Farmers Market's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Sprouts Farmers Market'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.


Sprouts Farmers Market's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Sprouts Farmers Market's Cyclically Adjusted PB Ratio falls into.



Sprouts Farmers Market 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.

Sprouts Farmers Market's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.96/7.24
=10.22

* 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.

Sprouts Farmers Market's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sprouts Farmers Market'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)
=11.053/131.7762*131.7762
=11.053

Current CPI (Mar. 2024) = 131.7762.

Sprouts Farmers Market Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.006 100.560 3.939
201409 3.351 100.428 4.397
201412 3.661 99.070 4.870
201503 4.471 99.621 5.914
201506 4.536 100.684 5.937
201509 4.738 100.392 6.219
201512 4.952 99.792 6.539
201603 4.874 100.470 6.393
201606 4.762 101.688 6.171
201609 4.656 101.861 6.023
201612 4.548 101.863 5.884
201703 4.386 102.862 5.619
201706 4.261 103.349 5.433
201709 3.888 104.136 4.920
201712 4.140 104.011 5.245
201803 3.988 105.290 4.991
201806 4.034 106.317 5.000
201809 4.307 106.507 5.329
201812 4.144 105.998 5.152
201903 4.089 107.251 5.024
201906 3.984 108.070 4.858
201909 4.303 108.329 5.234
201912 4.456 108.420 5.416
202003 5.153 108.902 6.235
202006 5.596 108.767 6.780
202009 5.816 109.815 6.979
202012 6.142 109.897 7.365
202103 6.871 111.754 8.102
202106 6.839 114.631 7.862
202109 7.272 115.734 8.280
202112 7.645 117.630 8.564
202203 8.335 121.301 9.055
202206 8.882 125.017 9.362
202209 9.872 125.227 10.388
202212 9.402 125.222 9.894
202303 9.486 127.348 9.816
202306 9.712 128.729 9.942
202309 10.281 129.860 10.433
202312 10.406 129.419 10.595
202403 11.053 131.776 11.053

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.


Sprouts Farmers Market  (STU:1FA) 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.


Sprouts Farmers Market Cyclically Adjusted PB Ratio Related Terms

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


Sprouts Farmers Market (STU:1FA) Business Description

Traded in Other Exchanges
Address
5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
Sprouts Farmers Market is an American specialty grocer offering an assortment highlighting fresh and naturally derived products. Its offerings are especially focused on produce, which constituted around 20% of sales in fiscal 2022. Founded in 2002, the chain is most heavily concentrated in California, which accounted for over one third of its 386 stores as of the end of fiscal 2022. All of the company's operations are in the United States, with its stores largely located in the southern half of the country. Private-label products accounted for nearly 20% of sales in fiscal 2022.

Sprouts Farmers Market (STU:1FA) Headlines

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