Superior Plus (TSX:SPB) Cyclically Adjusted PS Ratio: 0.50 (As of Jul. 19, 2026) — Near Median

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TSX:SPB Superior Plus Corp TSX:SPB
78 GF Score
Price C$8.11
GF Value C$8.18
Valuation Fairly Valued
! 12 Warning Signs
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What is Superior Plus Cyclically Adjusted PS Ratio?

Superior Plus TSX:SPB +1.12% 78 Cyclically Adjusted PS Ratio is 0.50 as of Jul. 19, 2026, which is 6% above its 10-year median of 0.47. GuruFocus rates TSX:SPB with a GF Score™ of 78/100 and a GF Value™ of C$8.18 (Fairly Valued). The stock has 12 warning signs investors should review. Among 442 Utilities - Regulated companies, Superior Plus ranks better than 77.38% on this metric.

As of today (2026-07-19), Superior Plus's current share price is C$8.11. Superior Plus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$16.30. Superior Plus's Cyclically Adjusted PS Ratio for today is 0.50.

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

TSX:SPB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.47   Max: 0.72
Current: 0.5

During the past years, Superior Plus's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.27. And the median was 0.47.

TSX:SPB's Cyclically Adjusted PS Ratio is ranked better than
77.38% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs TSX:SPB: 0.50

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Superior Plus's adjusted revenue per share data for the three months ended in Mar. 2026 was C$4.997. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$16.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Superior Plus  (TSX:SPB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Superior Plus Cyclically Adjusted PS Ratio Related Terms


Superior Plus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Superior Plus's Cyclically Adjusted PS 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 PS Ratio Chart

Superior Plus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.56 0.52 0.38 0.44

Superior Plus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.39 0.49 0.49 0.44 0.41

TSX:SPB vs ATO, NI, UGI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Superior Plus's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Superior Plus's Cyclically Adjusted PS Ratio falls into.


TSX:SPB
78GF Score
Superior Plus Corp TSX:SPB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Superior Plus Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Superior Plus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.11/16.30
=0.50

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Superior Plus's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.997/132.2623*132.2623
=4.997

Current CPI (Mar. 2026) = 132.2623.

Superior Plus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.147 102.002 4.081
201609 2.882 101.765 3.746
201612 3.682 101.449 4.800
201703 4.565 102.634 5.883
201706 3.400 103.029 4.365
201709 3.227 103.345 4.130
201712 5.310 103.345 6.796
201803 6.136 105.004 7.729
201806 3.376 105.557 4.230
201809 2.835 105.636 3.550
201812 4.503 105.399 5.651
201903 5.932 106.979 7.334
201906 3.159 107.690 3.880
201909 2.574 107.611 3.164
201912 4.887 107.769 5.998
202003 3.842 107.927 4.708
202006 1.727 108.401 2.107
202009 1.258 108.164 1.538
202012 3.025 108.559 3.685
202103 4.058 110.298 4.866
202106 1.749 111.720 2.071
202109 1.749 112.905 2.049
202112 4.023 113.774 4.677
202203 5.761 117.646 6.477
202206 2.712 120.806 2.969
202209 2.149 120.648 2.356
202212 4.710 120.964 5.150
202303 5.509 122.702 5.938
202306 2.326 124.203 2.477
202309 1.919 125.230 2.027
202312 3.490 125.072 3.691
202403 4.362 126.258 4.569
202406 2.080 127.522 2.157
202409 1.747 127.285 1.815
202412 3.638 127.364 3.778
202503 5.451 129.181 5.581
202506 2.243 129.892 2.284
202509 1.846 130.287 1.874
202512 3.787 130.366 3.842
202603 4.997 132.262 4.997

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.50 mean?
Superior Plus (TSX:SPB) has a Cyclically Adjusted PS Ratio of 0.50 as of Jul. 19, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Superior Plus and its competitors. This is near median its historical median of 0.47. Over the past decade, Superior Plus' Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.72. According to the industry distribution chart, Superior Plus ranks #100 out of 442 companies in the Utilities - Regulated industry, placing it in the top 22.6%.
Is Superior Plus' Cyclically Adjusted PS Ratio too high?
Superior Plus' current Cyclically Adjusted PS Ratio of 0.50 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.72. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. Superior Plus' value of 0.50 is 65.3% below this industry median. Based on the distribution chart, Superior Plus ranks #100 out of 442 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Superior Plus has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Superior Plus ranks #100 out of 442 companies for Cyclically Adjusted PS Ratio. This places Superior Plus in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.44. Superior Plus' value of 0.50 is 65.3% below this benchmark. Historically, Superior Plus' own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.72 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.44, 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Superior Plus's current Cyclically Adjusted PS Ratio of 0.50 is 65.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Plus's current Cyclically Adjusted PS Ratio is 0.50, which is near median its own 10-year median of 0.47. 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?
Based on GuruFocus' analysis, Superior Plus (TSX:SPB) is currently considered Fairly Valued. The stock's GF Value™ is C$8.18, compared to a current price of C$8.11 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is near median its 10-year median of 0.47 and 65.3% below the Utilities - Regulated industry median of 1.44. Superior Plus' overall GF Score™ is 78/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Superior Plus (TSX:SPB), the current Cyclically Adjusted PS Ratio is 0.50 as of Jul. 19, 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 (TSX:SPB) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued. The current stock price of C$8.11 is trading 0.9% below its estimated GF Value™ of C$8.18. GuruFocus considers Superior Plus to be Fairly Valued.

Key valuation signals for TSX:SPB:

  • Cyclically Adjusted PS Ratio: 0.50 (near median its 10-year median of 0.47)
  • GF Value™: C$8.18 vs. price of C$8.11 (0.9% below fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 65.3% below the Utilities - Regulated median (#100 of 442)

No single metric tells the full story. See the TSX:SPB 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.
78GF Score

Get the complete analysis for TSX:SPB

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

C$8.11
Price
C$8.18
GF Value