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Sun (SNCPF) Cyclically Adjusted PB Ratio : 4.15 (As of Jun. 02, 2024)


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What is Sun Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Sun's current share price is $22.602. Sun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.45. Sun's Cyclically Adjusted PB Ratio for today is 4.15.

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

SNCPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.69   Max: 6.66
Current: 4.55

During the past years, Sun's highest Cyclically Adjusted PB Ratio was 6.66. The lowest was 0.85. And the median was 2.69.

SNCPF's Cyclically Adjusted PB Ratio is ranked worse than
85.9% of 1886 companies
in the Hardware industry
Industry Median: 1.66 vs SNCPF: 4.55

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.

Sun's adjusted book value per share data for the three months ended in Dec. 2023 was $10.480. 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 $5.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sun'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.

Sun Cyclically Adjusted PB Ratio Chart

Sun Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 6.04 2.90 2.45 -

Sun 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 2.45 2.19 2.11 2.60 -

Competitive Comparison of Sun's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Sun'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.


Sun's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sun 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.602/5.45
=4.15

* 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.

Sun's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sun's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.48/106.8000*106.8000
=10.480

Current CPI (Dec. 2023) = 106.8000.

Sun Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.190 95.700 6.908
201406 6.268 98.000 6.831
201409 6.105 98.500 6.619
201412 6.029 97.900 6.577
201503 5.962 97.900 6.504
201506 5.644 98.400 6.126
201509 5.848 98.500 6.341
201512 5.727 98.100 6.235
201603 6.195 97.900 6.758
201606 6.173 98.100 6.720
201609 5.984 98.000 6.521
201612 5.248 98.400 5.696
201703 5.657 98.100 6.159
201706 5.362 98.500 5.814
201709 5.188 98.800 5.608
201712 4.783 99.400 5.139
201803 4.986 99.200 5.368
201806 4.588 99.200 4.940
201809 4.476 99.900 4.785
201812 4.414 99.700 4.728
201903 3.950 99.700 4.231
201906 6.875 99.800 7.357
201909 6.310 100.100 6.732
201912 5.926 100.500 6.297
202003 5.895 100.300 6.277
202006 5.629 99.900 6.018
202009 5.861 99.900 6.266
202012 6.052 99.300 6.509
202103 6.327 99.900 6.764
202106 6.554 99.500 7.035
202109 12.708 100.100 13.559
202112 7.892 100.100 8.420
202203 9.525 101.100 10.062
202206 10.546 101.800 11.064
202209 11.125 103.100 11.524
202212 11.089 104.100 11.377
202303 11.574 104.400 11.840
202306 10.358 105.200 10.516
202309 9.835 106.200 9.891
202312 10.480 106.800 10.480

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.


Sun  (OTCPK:SNCPF) 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.


Sun Cyclically Adjusted PB Ratio Related Terms

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


Sun (SNCPF) Business Description

Industry
Traded in Other Exchanges
Address
250 Asahi, Kochino-cho, Aichi Prefecture, Konan, JPN, 483-8555
Sun Corp is a Japanese company engaged in the business of providing mobile data solutions, gaming content, Online to Online solutions, and Enterprise AR solution.

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