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Murphy USA (Murphy USA) Cyclically Adjusted PB Ratio : 14.67 (As of May. 23, 2024)


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What is Murphy USA Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Murphy USA's current share price is $441.01. Murphy USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.07. Murphy USA's Cyclically Adjusted PB Ratio for today is 14.67.

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

MUSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.65   Med: 10.22   Max: 14.74
Current: 14.67

During the past years, Murphy USA's highest Cyclically Adjusted PB Ratio was 14.74. The lowest was 5.65. And the median was 10.22.

MUSA's Cyclically Adjusted PB Ratio is ranked worse than
95.89% of 730 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs MUSA: 14.67

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.

Murphy USA's adjusted book value per share data for the three months ended in Mar. 2024 was $37.726. 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 $30.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murphy USA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Murphy USA'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.

Murphy USA Cyclically Adjusted PB Ratio Chart

Murphy USA 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 - - 8.03 10.39 12.27

Murphy USA 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 9.42 11.19 11.93 12.27 13.94

Competitive Comparison of Murphy USA's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Murphy USA'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.


Murphy USA's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Murphy USA 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.

Murphy USA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=441.01/30.07
=14.67

* 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.

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

For example, Murphy USA'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)
=37.726/131.7762*131.7762
=37.726

Current CPI (Mar. 2024) = 131.7762.

Murphy USA Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.167 100.560 19.875
201409 16.588 100.428 21.766
201412 18.786 99.070 24.988
201503 18.585 99.621 24.584
201506 16.788 100.684 21.972
201509 17.358 100.392 22.785
201512 19.009 99.792 25.101
201603 18.418 100.470 24.157
201606 19.353 101.688 25.079
201609 19.668 101.861 25.444
201612 18.873 101.863 24.415
201703 18.294 102.862 23.436
201706 18.879 103.349 24.072
201709 19.114 104.136 24.187
201712 21.659 104.011 27.441
201803 21.224 105.290 26.563
201806 21.330 106.317 26.438
201809 22.608 106.507 27.972
201812 25.024 105.998 31.110
201903 24.799 107.251 30.470
201906 25.533 108.070 31.134
201909 25.325 108.329 30.806
201912 26.362 108.420 32.041
202003 25.595 108.902 30.971
202006 31.462 108.767 38.118
202009 31.354 109.815 37.624
202012 28.776 109.897 34.505
202103 28.992 111.754 34.186
202106 29.325 114.631 33.711
202109 32.177 115.734 36.637
202112 32.372 117.630 36.265
202203 32.704 121.301 35.528
202206 32.662 125.017 34.428
202209 33.903 125.227 35.676
202212 29.458 125.222 31.000
202303 32.906 127.348 34.050
202306 34.997 128.729 35.826
202309 39.672 129.860 40.258
202312 39.780 129.419 40.504
202403 37.726 131.776 37.726

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.


Murphy USA  (NYSE:MUSA) 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.


Murphy USA Cyclically Adjusted PB Ratio Related Terms

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


Murphy USA (Murphy USA) Business Description

Traded in Other Exchanges
Address
200 Peach Street, El Dorado, AR, USA, 71730-5836
Murphy USA Inc is an American retailer of gasoline products and convenience-store merchandise operating in the United States. The stores are 100% company-operated and 90% company-owned; most are adjacent to Walmart stores. The business also contains product supply and wholesale assets, such as product distribution terminals and pipelines. Murphy is positioned in the market as a low-price, high-volume fuel retailer selling through low-cost kiosks and small stores. The stores adjacent to Walmart offer a discount program. The amount of the discount offered can vary based on many factors, including state laws.
Executives
Renee M Bacon officer: SVP, Sales & Ops 200 PEACH STREET, EL DORADO AR 71730
Jennifer Bridges officer: SVP, Asset Development 200 E. PEACH STREET, EL DORADO AR 71730
Robert J Chumley officer: Senior Vice President 200 PEACH STREET, EL DORADO AR 71730
Robert Madison Murphy director 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
R Andrew Clyde director, officer: President & CEO 200 PEACH STREET, EL DORADO AR 71730
Christopher A Click officer: SVP, Strategy & Development 200 PEACH ST, EL DORADO AR 71731
Jeanne Linder Phillips director 5421 DRANE DR., DALLAS TX 75201
Smith Donald R Jr officer: Vice President & Controller 200 PEACH STREET, EL DORADO AR 71730
Malynda K West officer: EVP, CFO & Treasurer 200 PEACH STREET, PO BOX 7000, EL DORADO AR 71730
Terry P. Hatten officer: SVP 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Rosemary Turner director 1500 SOLANA BLVD., WESTLAKE TX 76262
David Goebel director C/O APPLEBEE'S INTERNATIONAL, INC., 4551 W 107TH STREET, OVERLAND PARK KS 66207
Blake Segal officer: SVP, QuickChek 200 E. PEACH STREET, EL DORADO AR 71730
John A Moore officer: SVP & Secretary 200 PEACH ST., P.O. BOX 7000, EL DORADO AR 71730
Claiborne P Deming director ENTERGY CORP, PO BOX 61000, NEW ORLEANS LA 70161

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