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Sysco (LTS:0LC6) Cyclically Adjusted PB Ratio : 12.60 (As of May. 22, 2024)


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What is Sysco Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Sysco's current share price is $75.12. Sysco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.96. Sysco's Cyclically Adjusted PB Ratio for today is 12.60.

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

LTS:0LC6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.7   Med: 8.27   Max: 13.53
Current: 12.66

During the past years, Sysco's highest Cyclically Adjusted PB Ratio was 13.53. The lowest was 4.70. And the median was 8.27.

LTS:0LC6's Cyclically Adjusted PB Ratio is ranked worse than
94.06% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs LTS:0LC6: 12.66

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.

Sysco's adjusted book value per share data for the three months ended in Mar. 2024 was $4.211. 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 $5.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sysco'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.

Sysco Cyclically Adjusted PB Ratio Chart

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 7.49 10.96 12.15 11.66

Sysco 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 11.91 11.66 10.60 12.13 13.65

Competitive Comparison of Sysco's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Sysco'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.


Sysco's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Sysco 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.

Sysco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.12/5.96
=12.60

* 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.

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

For example, Sysco'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)
=4.211/131.7762*131.7762
=4.211

Current CPI (Mar. 2024) = 131.7762.

Sysco Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.986 100.560 11.776
201409 9.061 100.428 11.889
201412 9.040 99.070 12.024
201503 8.955 99.621 11.845
201506 8.851 100.684 11.584
201509 8.900 100.392 11.682
201512 6.956 99.792 9.185
201603 7.026 100.470 9.215
201606 6.218 101.688 8.058
201609 5.502 101.861 7.118
201612 4.582 101.863 5.928
201703 4.347 102.862 5.569
201706 4.493 103.349 5.729
201709 4.285 104.136 5.422
201712 4.351 104.011 5.512
201803 4.515 105.290 5.651
201806 4.815 106.317 5.968
201809 5.073 106.507 6.277
201812 4.221 105.998 5.248
201903 4.597 107.251 5.648
201906 4.880 108.070 5.951
201909 4.805 108.329 5.845
201912 4.967 108.420 6.037
202003 4.000 108.902 4.840
202006 2.280 108.767 2.762
202009 2.554 109.815 3.065
202012 2.798 109.897 3.355
202103 2.729 111.754 3.218
202106 3.034 114.631 3.488
202109 3.266 115.734 3.719
202112 2.408 117.630 2.698
202203 2.598 121.301 2.822
202206 2.718 125.017 2.865
202209 2.201 125.227 2.316
202212 2.832 125.222 2.980
202303 3.111 127.348 3.219
202306 3.977 128.729 4.071
202309 4.216 129.860 4.278
202312 4.773 129.419 4.860
202403 4.211 131.776 4.211

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.


Sysco  (LTS:0LC6) 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.


Sysco Cyclically Adjusted PB Ratio Related Terms

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


Sysco (LTS:0LC6) Business Description

Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.

Sysco (LTS:0LC6) Headlines

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