SUN (Sunoco LP) Cyclically Adjusted PB Ratio: 4.57 (As of Aug. 05, 2026) — 24% Above Median

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SUN Sunoco LP SUN
80 GF Score
Price $73.49
GF Value $52.39
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Sunoco LP Cyclically Adjusted PB Ratio?

Sunoco LP SUN -1.13% 80 Cyclically Adjusted PB Ratio is 4.57 as of Aug. 05, 2026, which is 24% above its 10-year median of 3.69. GuruFocus rates SUN with a GF Score™ of 80/100 and a GF Value™ of $52.39 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 763 Oil & Gas companies, Sunoco LP ranks worse than 91.09% on this metric.

As of today (2026-08-05), Sunoco LP's current share price is $73.49. Sunoco LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.07. Sunoco LP's Cyclically Adjusted PB Ratio for today is 4.57.

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

SUN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.8   Med: 3.69   Max: 4.82
Current: 4.82

During the past years, Sunoco LP's highest Cyclically Adjusted PB Ratio was 4.82. The lowest was 2.80. And the median was 3.69.

SUN's Cyclically Adjusted PB Ratio is ranked worse than
91.09% of 763 companies
in the Oil & Gas industry
Industry Median: 1.2 vs SUN: 4.82

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.

Sunoco LP's adjusted book value per share data for the three months ended in Mar. 2026 was $44.302. 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 $16.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunoco LP  (NYSE:SUN) 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.


Sunoco LP Cyclically Adjusted PB Ratio Related Terms


Sunoco LP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunoco LP'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.

Sunoco LP Cyclically Adjusted PB Ratio Chart

Sunoco LP 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 3.73 3.55 4.39 3.61 3.57

Sunoco LP 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 3.87 3.67 3.57 4.04 0.00

SUN vs DINO, PBF, IEP: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Sunoco LP'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.


Sunoco LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


SUN
80GF Score
Sunoco LP SUN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunoco LP 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.

Sunoco LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.49/16.07
=4.57

* 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.

Sunoco LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sunoco LP's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=44.302/330.2130*330.2130
=44.302

Current CPI (Mar. 2026) = 330.2130.

Sunoco LP Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.212 241.018 -0.290
201609 -0.212 241.428 -0.290
201612 22.367 241.432 30.592
201703 -24.423 243.801 -33.079
201706 21.122 244.955 28.474
201709 21.463 246.819 28.715
201712 22.545 246.524 30.198
201803 11.298 249.554 14.950
201806 11.103 251.989 14.550
201809 11.453 252.439 14.982
201812 9.484 251.233 12.465
201903 9.779 254.202 12.703
201906 9.414 256.143 12.136
201909 9.208 256.759 11.842
201912 9.134 256.974 11.737
202003 -6.577 258.115 -8.414
202006 -7.442 257.797 -9.532
202009 7.642 260.280 9.695
202012 7.584 260.474 9.615
202103 8.374 264.877 10.440
202106 9.346 271.696 11.359
202109 9.598 274.310 11.554
202112 9.693 278.802 11.480
202203 11.280 287.504 12.956
202206 11.700 296.311 13.039
202209 11.676 296.808 12.990
202212 11.207 296.797 12.469
202303 11.896 301.836 13.014
202306 11.884 305.109 12.862
202309 14.037 307.789 15.060
202312 11.587 306.746 12.473
202403 13.278 312.332 14.038
202406 31.839 314.175 33.464
202409 30.735 315.301 32.189
202412 29.861 315.605 31.243
202503 30.485 319.799 31.478
202506 29.992 322.561 30.703
202509 40.562 324.800 41.238
202512 42.514 324.054 43.322
202603 44.302 330.213 44.302

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 4.57 mean?
Sunoco LP (SUN) has a Cyclically Adjusted PB Ratio of 4.57 as of Aug. 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 Sunoco LP and its competitors. This is 24% above median its historical median of 3.69. Over the past decade, Sunoco LP's Cyclically Adjusted PB Ratio has ranged from 2.80 to 4.82. According to the industry distribution chart, Sunoco LP ranks #695 out of 763 companies in the Oil & Gas industry, placing it in the top 91.1%.
Is Sunoco LP's Cyclically Adjusted PB Ratio too high?
Sunoco LP's current Cyclically Adjusted PB Ratio of 4.57 is 24% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 4.82. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Sunoco LP's value of 4.57 is 280.8% above this industry median. Based on the distribution chart, Sunoco LP ranks #695 out of 763 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sunoco LP has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunoco LP's Cyclically Adjusted PB Ratio compare to DINO and PBF?
According to the Oil & Gas industry distribution chart, Sunoco LP ranks #695 out of 763 companies for Cyclically Adjusted PB Ratio. This places Sunoco LP in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Sunoco LP's value of 4.57 is 280.8% above this benchmark. Historically, Sunoco LP's own Cyclically Adjusted PB Ratio has ranged from 2.80 to 4.82 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 1.20, Sunoco LP 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 1.20, based on 763 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. Sunoco LP's current Cyclically Adjusted PB Ratio of 4.57 is 280.8% 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 Sunoco LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunoco LP's current Cyclically Adjusted PB Ratio is 4.57, which is 24% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunoco LP stock overvalued right now?
Based on GuruFocus' analysis, Sunoco LP (SUN) is currently considered Significantly Overvalued. The stock's GF Value™ is $52.39, compared to a current price of $73.49 — trading 40.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.57, which is 24% above median its 10-year median of 3.69 and 280.8% above the Oil & Gas industry median of 1.20. Sunoco LP's overall GF Score™ is 80/100 with 12 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 Sunoco LP (SUN), the current Cyclically Adjusted PB Ratio is 4.57 as of Aug. 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 Sunoco LP (SUN) Overvalued in 2026?

Based on GuruFocus' analysis, Sunoco LP stock appears to be overvalued. The current stock price of $73.49 is trading 40.3% above its estimated GF Value™ of $52.39. GuruFocus considers Sunoco LP to be Significantly Overvalued.

Key valuation signals for SUN:

  • Cyclically Adjusted PB Ratio: 4.57 (24% above median its 10-year median of 3.69)
  • GF Value™: $52.39 vs. price of $73.49 (40.3% above fair value)
  • GF Score™: 80/100 with 12 warning signs
  • Industry Position: 280.8% above the Oil & Gas median (#695 of 763)

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


Sunoco LP Business Description

Industry EnergyOil & Gas
Address 8111 Westchester Drive, Suite 400, Dallas, TX, USA, 75225
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
80GF 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.

$73.49
Price
$52.39
GF Value