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Sempra (WBO:SREN) Cyclically Adjusted PB Ratio : 2.04 (As of Jun. 02, 2024)


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What is Sempra Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Sempra's current share price is €69.86. Sempra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €34.25. Sempra's Cyclically Adjusted PB Ratio for today is 2.04.

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

WBO:SREN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.48   Max: 3.2
Current: 2.08

During the past years, Sempra's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.86. And the median was 2.48.

WBO:SREN's Cyclically Adjusted PB Ratio is ranked worse than
65.85% of 451 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs WBO:SREN: 2.08

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.

Sempra's adjusted book value per share data for the three months ended in Mar. 2024 was €41.078. 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 €34.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sempra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sempra'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.

Sempra Cyclically Adjusted PB Ratio Chart

Sempra 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 3.01 2.39 2.20 2.31 2.08

Sempra 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 2.20 2.08 1.90 2.08 1.94

Competitive Comparison of Sempra's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Sempra'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.


Sempra's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Sempra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.86/34.25
=2.04

* 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.

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

For example, Sempra'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)
=41.078/131.7762*131.7762
=41.078

Current CPI (Mar. 2024) = 131.7762.

Sempra Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.745 100.560 21.943
201409 17.875 100.428 23.455
201412 18.571 99.070 24.702
201503 21.518 99.621 28.463
201506 20.994 100.684 27.477
201509 20.883 100.392 27.412
201512 21.830 99.792 28.827
201603 21.541 100.470 28.253
201606 20.970 101.688 27.175
201609 22.001 101.861 28.462
201612 24.555 101.863 31.766
201703 24.705 102.862 31.649
201706 23.636 103.349 30.137
201709 22.158 104.136 28.039
201712 21.327 104.011 27.020
201803 21.740 105.290 27.209
201806 22.239 106.317 27.565
201809 22.454 106.507 27.781
201812 23.868 105.998 29.673
201903 24.367 107.251 29.939
201906 24.518 108.070 29.896
201909 26.342 108.329 32.043
201912 27.233 108.420 33.100
202003 27.675 108.902 33.488
202006 31.003 108.767 37.561
202009 29.550 109.815 35.460
202012 28.817 109.897 34.554
202103 31.250 111.754 36.849
202106 31.615 114.631 36.343
202109 31.529 115.734 35.899
202112 35.026 117.630 39.238
202203 36.241 121.301 39.371
202206 39.093 125.017 41.207
202209 42.042 125.227 44.241
202212 39.423 125.222 41.486
202303 39.699 127.348 41.079
202306 39.479 128.729 40.414
202309 40.720 129.860 41.321
202312 40.352 129.419 41.087
202403 41.078 131.776 41.078

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.


Sempra  (WBO:SREN) 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.


Sempra Cyclically Adjusted PB Ratio Related Terms

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


Sempra (WBO:SREN) Business Description

Industry
Traded in Other Exchanges
Address
488 8th Avenue, San Diego, CA, USA, 92101
Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Sempra (WBO:SREN) Headlines